I was reborn and stayed in school to lie down. I really don’t want to roll anymore!
Chapter 764 Drone Delivery Project
Hu Sen was actually quite touched.
After all, he is the former CEO of Totoro, and the glory was created by him and Jiang Hao.
Once the original management of Totoro left, things started to go downhill.
I heard about the delisting two days ago. Although I know that Totoro’s market share has declined seriously and its stock price has fallen sharply, I still feel a little dazed.
"Mr. Jiang, you are the one who thinks things through!"
“I don’t know if Meituan can maintain its current development in the future.”
Mr. Wang’s Meituan went public some time ago following Xiaomi Technology’s IPO.
At the beginning, the situation was similar to that of Xiaomi. It encountered setbacks on the day of listing and its stock price fell.
Fortunately, a week later, Meituan’s stock price rebounded and returned to the issue price.
Up to now, the stock price has been growing steadily and the market value exceeds 700 billion US dollars.
It’s higher than the market value of Xiaomi Technology!
You should know that before going public, Xiaomi had always been superior to Meituan.
Now that the market has gone public, the situation has reversed and it is they who are suppressing Xiaomi’s market value.
This is also why Mr. Wang has been in a good mood recently, including when we met today, he always had a smile on his face.
"Mr. Wang, don't worry. I believe Meituan will have better development in the future."
Jiang Hao was encouraging President Wang at the moment, while looking at Hu Sen again.
"Brother Hu, shall we first talk about the recent situation in Aomori?"
The three of them made an appointment to meet today, mainly to pay attention to the recent developments of Aomori cycling.
"The number of registered users of the Qingsen cycling platform has exceeded 1.4 million, with an average daily order volume of 2100 million orders."
“They are mainly concentrated in first- and second-tier cities, especially near subway stations, university campuses, etc…”
The order volume of 2100 million sounds like a lot, but it is actually not what Jiang Hao expected.
After all, many office workers only use shared bikes twice a day.
Even on weekends, when many people choose green travel, they sweep the road several times a day.
By this calculation, the actual number of daily active users is actually not that large.
"Last month, Aomori Cycling's market share surpassed Mobike, accounting for 43% of the market share, ranking first."
Jiang Hao and Mr. Wang are mainly concerned about market share.
Now, when he heard Hu Sen mention the first place in share again, a smile appeared on his face.
“What is Mobike’s market share?”
Mr. Wang asked again at this moment and showed his attention.
"41%! It was always around 45% before, and it was only last month that our Aomori cycling team surpassed it."
Hu Sen became quite emotional when talking about these things.
In the Internet industry, it is absolutely a winner-takes-all situation.
The significance of being the first in market share is huge, but strictly speaking, Aomori Cycling has not yet completely closed the gap with Mobike.
The two sides were evenly matched, but Aomori finally gained a small advantage.
"Brother Hu, you have to stay tight!"
“If the market share gap can be increased by 10 percentage points, Aomori will be considered truly stable.”
Listening to Jiang Hao's words, Hu Sen nodded quickly and couldn't help but make a suggestion.
“I wonder if Aomori can conduct a Series D round of financing?”
The main reason for calling them here is to consider whether it is a round of D financing.
"I think it's okay. After you raise funds, you can promote the development of Aomori. As long as you can maintain the gap for half a year, there should be surprises after the listing."
Mr. Wang first affirmed that the development of Aomori Cycling is also crucial to his Meituan’s business.
Shared bicycles are also a major part of Meituan’s business, and not just from the perspective of revenue.
What’s more important is that users will frequently open the Meituan app because of their use of shared bicycles, which is a huge help.
It is easy to see the needs just by clicking on it. After using it more, everyone is willing to do anything on Meituan.
Today, Meituan has integrated local catering, hotel and air ticket bookings, movie tickets and other daily life businesses.
In building an entire enterprise application ecosystem, Aomori Cycling is also an extremely important part of it.
Seeing that Mr. Wang agreed, Hu Sen turned his head and looked at Jiang Hao.
"I have no objection. I even think that you should start the financing and IPO work as soon as possible."
“Capital trends change quickly. Once the market is no longer hot, it will become increasingly difficult to go public.”
Jiang Hao had no objection to Hu Sen starting its Series D financing.
Not only has the goal of achieving the largest market share after the C round of financing been achieved, but the overall environment is also changing rapidly.
Nowadays, almost all the funds in the market are in real estate, stocks and new energy vehicles.
Unless it is a company like Haijing that is recognized as having unlimited potential.
The news for companies in other industries that are planning to go public is not good.
Just like the shared bicycle industry, the boom seemed to have passed all of a sudden after Aomori’s Series C round of financing.
If possible, Jiang Hao hopes that Hu Sen can take advantage of this opportunity to finalize the D round and go public as soon as possible.
Hu Sen's face showed surprise and pressure at the same time.
He understood what Jiang Hao said and he also agreed with it.
The sharing economy is an industry that has emerged from a boom. If the boom disappears, Aomori Cycling will have to return to its most basic business.
That is to say, in this scenario of bringing convenience to people's travel, all the overflow value will be returned.
"Okay! I'll hurry up and get on with the D round."
In the conference room, after discussing the reservation, Mr. Wang took the opportunity to start chatting with Jiang Hao about other things.
"Mr. Jiang, are you interested in the drone I told you about on WeChat?"
The three of them gathered here, especially Mr. Wang, of course, not just for the development of Aomori.
I was more interested in discussing cooperation with Jiang Hao.
Among them is this drone project.
Meituan raised more than 400 billion yuan in cash from its IPO last month.
Meituan also holds a huge amount of cash, and part of this money has now been invested in various aspects of Meituan's local life.
It has also entered the medical field. Meituan’s online medicine purchase and Internet hospitals have gradually provided services in some major cities.
Of course, this part does not cost much money. With money in hand, Mr. Wang naturally considers the future development of Meituan.
One of them is the drone industry.
"Mr. Wang, you invested in drones mainly for the food delivery business, right?"
"Well, I plan to establish research and development first, select a city for research and development pilot, and try drone delivery work."
The field of drone delivery has exceeded Jiang Hao's understanding of the future.
Before his rebirth, Meituan's business in this area had not yet developed to date.
I am actually interested in it in my heart. After all, this is undoubtedly a direction for the future.
Whether it is a factory or something else, manual labor will gradually be replaced.
"How about this, Mr. Wang, I am willing to invest with you in the drone business, but let's add Dibao Technology!"
"Director Ning, the technical director of Dibao, used to work in this field."
“And in terms of hardware equipment, I believe Professor Duan’s research capabilities will be of greater help to the project.”
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