Chapter 786: Chapter 523: Cheng Zhu and Shen Qingning’s Wager
15 years of Alibaba, still in its heyday.
At this stage, Jack Ma is still affectionately called Daddy Ma by many online.
This year, as announced by the Hurun Rich List, he will continue to hold the throne as the wealthiest in the IT industry.
No matter how you look at it, Alibaba is a behemoth that inspires awe.
Therefore, after pulling an all-nighter and deciding to “stab Alibaba in the back,” Wang Xin’s hand was trembling slightly as he lit up a cigarette at that moment.
There was nervousness, fear, but also… excitement!
This man, dubbed as ‘Little Ma Yun,’ had long harbored a meticulous plan for the betrayal!
Yes, he hadn’t planned to betray just once, he intended to do it repeatedly!
Of course, before that, Wang Xin took one last cool-headed action. He decided to visit Alibaba one more time, to have another serious talk.
After all, the current situation had changed again. [Dianping] and [Eleme] were empowered and Tencent’s chances of winning were growing. Can you really stand to watch this? Do you really still plan to sacrifice me?
Wang Xin didn’t want to become a sacrifice, having already failed nine times in launching startups.
[Meituan] was now contesting for the leading position in the industry, and he wanted to be the king of the industry!
After staying awake all night, Wang Xin washed his face and set out for Alibaba.
In fact, he had already reached a conclusion in his heart, but he still held onto a glimmer of hope for Alibaba’s attitude.
When he walked out of Alibaba’s building, Wang, looking up at the gray sky, could only think two words: “As expected…”
Alibaba still insisted on making Alipay the exclusive third-party payment channel for [Meituan].
Their stance was firm, with no room for negotiation.
Clearly, Alibaba too had weighed the pros and cons internally.
For Alibaba, such a move was more beneficial to itself because these were the foundations of Alibaba.
Wang Xin had argued on principle, explaining the profound impact such a policy would have on [Meituan], affecting the battle of group purchasing and the ongoing battle in the takeaway industry, but it was still futile.
After all, for the corporate giants of today, group purchasing was no longer something to be valued highly.
Initially, everyone was excited about the international success of Groupon and its high valuation, which caused the domestic group purchasing market to heat up.
In the end, as the fight among capitals reached halfway, they realized that Groupon had flopped and did not meet expectations.
Then everyone took a closer look and saw that the domestic group purchasing market was just so-so, not as valuable as they had thought.
The capital burned billions for nothing while customers benefitting from discounts had the last laugh.
Wang Xin knew very well: “If I hadn’t ventured into the food delivery industry, the value of [Meituan] would have been even lower.”
Accompanying Wang Xin to Alibaba was Murong Jun, the second in command of [Meituan].
After the two got into the business car, he looked out the window at the magnificent Alibaba building and sighed, “Alibaba’s stance is indeed very firm.”
“After getting turned away last time, I knew this would be the outcome,” Wang Xin said, his eyes deep behind his glasses.
“Now with Tencent backing [Dianping], constant social traffic, and WeChat Pay offering lower transaction fees, if we keep [Meituan] as solely supporting Alipay for payments, we should brace ourselves for the potential loss of active users,” Murong Jun said, his face filled with worry.
In the end, Alibaba still cared more about its own foundations and valued its position in the third-party payment field with Alipay.
Feeding Alibaba at such a critical juncture is like sacrificing oneself.
“We don’t need to prepare ourselves for that,” Wang Xin said, his gaze also fixed on Alibaba’s building outside the window.
“Hmm?” Murong Jun was slightly startled.
“Xiao He, buy us tickets to Shen City for the earliest flight,” Wang Xin began instructing his assistant in the front passenger seat.
“Okay, Mr. Wang,” Xiao He replied.
“What are you planning?” Murong Jun had a bad feeling.
He knew Wang Xin too well.
He sensed an undercurrent of mad determination beneath Wang Xin’s calm exterior!
“To Tencent,” Wang simply stated.
At that, Murong Jun’s lips twitched slightly.
Alright then, he’s truly gone mad!
But what could he do?
Go mad with him, of course!
The Alibaba building outside was so spectacular, so imposing.
It stood like a giant before you, inspiring fear.
But fear was useless.
[Meituan] needed to survive.
In Hang City, inside the office building where Youu Tea was located.
Shen Qingning came to Cheng Zhu’s office to report on work.
After the report, she also gave Cheng Zhu a piece of news.
“Wang Xin and Murong Jun went to Alibaba today.”
“Oh? How do you know that?” Cheng Zhu asked with a smile.
“And how did Uncle find out?”
“He didn’t say, but he’s quite familiar with some people at Alibaba; I didn’t ask,” the cool young girl answered frankly.
In his heart, Cheng Zhu: Good job, Ningning is really impressive.
——Credit to Ning Bao!
The Shen family had been operating in Hang City for many years and definitely had its own channels of information and business connections.
Sometimes, what so-called “New Rich” like Cheng Zhu lack the most is just that.
Overall, the Shen family’s cash flow has always been quite tight.
But that doesn’t mean Shen Guoqiang is not powerful.
Today, Shen Qingning was wearing a black Chanel dress with a hem that ended just above her knees, revealing a pair of well-proportioned, straight calves.
She wore flat shoes on her feet, yet they still made her legs seem long.
Now, with her in the company, Cheng Zhu sometimes feels even more motivated to go to work.