The Tri-cell Group is the CEO of Chiliping, chairman of the network

[Abstract] The investor of the handle net decides to be the CEO of Chiliping, the chief investor who has rich experience in capital market operation, and the former CEO Feng is also the chief Strategic Officer (CSO) while he is promoted to vice chairman of the company.

Tencent Science and Technology Guoxiaofeng October 20 Report

About the outside world said the three cell group bought the net, Tencent technology the first time to the three cell group confirmed that it does intend to master the handle network, is currently in the final phase of the transaction completed.

It is understood that both sides began to contact around August, handle nets saw the three groups of offline resources, and began to actively contact with the three cell group. After entering the September, the two sides signed a number of intentions and other agreements, the basic determination of the acquisition.

In this respect, the three cell group spokesman, Vice president Zou in the Tencent technology telephone line interview, said the final transaction completion time and amount is not convenient to disclose, but the three cell group is an absolute holding handle net.

At present, the first two major controlling shareholders of handle nets are milestone investment and Jinsha venture. and milestone investment for handle the third round of financing of the leading party, for the company's actual control of people.

"The Tri-cell group will take over the net share of the milestone investment." "Zou said.

According to the signed agreement, the Tri-cell group will combine the advantages of the handle network, put forward "the sky pull underground, line down the cable, supply chain pull customers, eat and drink goods, buy pull custom" "Five Pull" synergy, the intention will handle the network resources and the three cell group rich offline entity resources together, In the continuous development of group buying business on the basis of building the world's largest O2O electric platform.

It is understood that the group has a number of companies, involving finance, chain, medical, real estate, information services and other fields, at the same time, the three cell group control of the Grand High Branch, Nanjing new Bai listed companies. In 2014, China's top 500 private enterprises, the three cell group to 65.46 billion yuan total revenue in 27th place.

Not long ago, Tencent Technology also exclusive coverage of the three cell group to buy one of the domestic mobile phone chain giant music language communication. At present, the Tri-cell Group has completed the holding of Le language communication, music communication will be with the three groups of other 3C chain enterprises (grand three cells, etc.) tied to form a business complementary relationship.

In fact, from the beginning of the year, the tri-cell group has been through the domestic and foreign mergers and acquisitions means to expand their own business, "Tri-cell group in the domestic and overseas communications, IT, department stores, new exotic and other fields with more than 3,000 retail outlets, by the impact of the electricity business, so has been interested in expanding the online business, but can not give up the existing online advantage, So hope to achieve O2O wings Qi. "Zou said.

The handle net was the first Chinese group buying site to launch an IPO in the United States, valued at $1.1 billion trillion. However, with the failure of the 2011 IPO, the handle network began to decline, gradually withdrew from the group buying industry's first echelon, the market share is less than 5%, the value of the original 1.1 billion U.S. dollars to the current 600 million dollars.

The CSRC recently made clear that it supports the Internet and High-tech companies that have not yet been profitable to list on the gem after a year of new Sanbanxi, meaning that the Internet and High-tech Enterprises will enjoy "special treatment" in the audit of a-share IPO.

In this respect, the investors of the handle network decided by the main investors with rich experience in capital market operation, chairman Chiliping to serve as CEO, the former CEO Feng was promoted to vice chairman of the company, as chief Strategic Officer (CSO), to guide the expansion of group buying business and expand market share. At the same time, there will be a number of marketing elite to join the company.