Chapter 332: Decided in One Word
Having a child before marriage is not a good reputation after all. Zhou Fenglan was discharged from the hospital normally after giving birth and moved into a courtyard house to recuperate after giving birth.

Her mother took care of her personally, and her father and Old Xie visited her twice in a hurry. Apart from that, no one else knew about it.

Therefore, Xie Jingxing was more focused than accompanying Yu Tong. He had been there since the child was born. No matter how turbulent the outside world was, it could not reach this courtyard hidden in the alleys of the capital.

"tired."

A breeze blew by, Zhou Fenglan lifted the hair around her ears and sat down casually under the corridor in the courtyard to rest.

"Hold on for another 10 minutes. The doctor said your stomach will be flat once you give birth. More exercise after childbirth will help you recover better."

Xie Jingxing stood beside him, holding his son in his arms and rocking him gently and rhythmically. The little kid had big round eyes, stretched his arms and legs, and hummed non-stop.

Zhou Fenglan ignored all the words and said in a pretentious voice, "Think about whether you miss your mother or not. Come and let your mother hold you."

"Think about how comfortable it is to be held by your dad. Do you want to go to the garden with mom and dad?" Xie Jingxing lowered his head and rubbed his son's milky belly.

Zhou Fenglan raised the corners of his mouth slightly: "Think about it, be good, thank you uncle for holding you. It's so hard, say thank you to uncle quickly."

"..."

Xie Jingxing was extremely upset, other people were strong as mothers, but his own concubine was different, as a mother she was not picky about food and had the nerve to say anything indecent.

I'm afraid that in a few years I'll be no different from those old women in my hometown who gather at the village entrance and talk nonsense all day long. What should I do?

"Mr. Xie, Liu Chiping and Shen Nanpeng are here." Yuan Jin appeared out of nowhere and said in a low voice.

Xie Jingxing looked at Zhou Fenglan and complained, "You're disturbing my peace."

"Then why don't we just leave them alone first?" Yuan Jin didn't know if she was really stupid or just pretending to be stupid.

"Shabby, timid, and petty, as if he was afraid to see me."

Zhou Fenglan stood up and took his son into his arms: "Xiang Xiang, Daddy is going to work, say goodbye to Daddy."

"Son, stay with your mom. It's a little windy today, so don't stay outside for too long."

Xie Jingxing reminded him with a smile on his face, turned around, straightened the wrinkles of his shirt, and walked slowly towards the front hall.

Watching his back going away, Zhou Fenglan turned his gaze back to the front. In the garden, several rose tree branches were drooping, filled with bright red flowers in full bloom, looking elegant and luxurious without any trace of vulgarity or frivolity.

"It's summer," she said softly.

Yuan Jin wanted to say a few words to complement Zhou Fenglan, but she really had no idea what Zhou Fenglan was thinking. Looking at the little boy in her arms, a subtle sense of envy lingered in her heart.

Today is May 5, the sixth day after Tencent announced it would take over Alibaba’s shares in Meituan.

Xindahue has launched a special marketing campaign, including flower takeaway delivery, hotel and restaurant consumption, and all platforms will provide "generous gifts and discounts" as long as you place an order.

For all categories of goods on the platform, if the actual transaction price is one yuan higher than that of competitors, the platform will compensate consumers five times in cash.

I will never allow Meituan’s prices to be lower than mine!

——On one hand, relevant regulatory authorities imposed penalties on Xinda’e’s three local life service platforms for unfair market competition; on the other hand, screenshots of work group messages circulated online from within Xinda’e’s group buying business.

Public opinion is in an uproar, and everyone can be sure that New Da'e will not stop burning money, even if it means breaking up with its strategic major shareholder Tencent.

In this situation, if I were pregnant and giving birth, would he stay by my side and ignore everything else?
Yuan Jin knew the answer in her heart, and her envy, which she couldn't hide secretly, cast a layer of dimness over her bright eyes.

…………

"Jingxing, the merger of Xinda'e and Meituan is a very significant project that will affect the entire local life service sector."

In the front hall study, Liu Chih-ping looked tired, with bags under his eyes, and explained seriously: "Wang Xing sincerely wants to merge, but the overall situation is too complicated, and there are obstacles from all sides."

"Everyone says that the capital behind Meituan can't bear the strong desire for a merger, but in fact, to give a simple example... Tong Xiaowei, a partner of Boyu Capital."

He glanced at Shen Nanpeng, who was sitting upright with an expressionless face, and said bluntly after a brief pause: "This person is also the co-chairman of the Hong Kong Zhejiang Chamber of Commerce. He has a good personal relationship with Jack Ma and Joseph Tsai. He was involved in Boyu Capital's investment in Alibaba a few years ago."

"Because of this relationship, they are basically tied to Alibaba in the Meituan board of directors. Now we are saying we want to merge, except for Alibaba, Boyu Capital is strongly opposed, which is very difficult to deal with!"

This kind of collusion among shareholders is very common. Shen Nanpeng himself has done it many times, and he is even familiar with Tong Xiaowei.

Now Liu Chih-ping has dragged him out for criticism and struggle in order to appease Xie Jingxing.

I have to say how this kid has such a bad temper and refuses to suffer any grievance. Shen Nanpeng was secretly melancholy.

They thought that Xie's capital would oppose Tencent's investment in Meituan without prior approval, but they never expected that the grudge would not last overnight and the new round of financing for New Dangsong was terminated the next day.

And they continue to increase their spending and are rushing towards a breakup with Tencent. This is too intense a reaction.

He was thinking in a complicated way, and Liu Chih-ping continued earnestly: "There are other small shareholders of Meituan who feel that their shares have been diluted too much after the merger, and executives who are worried about losing their voice."

"The general direction of support for the merger is like five fingers with different lengths when stretched out. It is impossible for us to tell at a glance who supports it more and who supports it less."

"Wang Xing approached us and hoped that Tencent would act as a middleman and mediate by sending Alibaba out first, and then we could sit down and discuss the details."

Liu Chih-ping licked his chapped lips and said, "This decision was made through joint consultation. Even so, Alibaba did not sell all its shares to Tencent. It still holds a few percent of Meituan's shares, so it can mess with us at any time in the future."

"This was done very hastily. Wang Xing negotiated with both sides. He first went to meet with Alibaba but failed to reach a conclusion, so he called me to compromise and invite Mr. Liu. The next day, he flew from New York to Hong Kong Island to meet. Nothing was agreed on that day, so he went to Hangzhou to continue the talks with Alibaba."

Shen Nanpeng took over the conversation at the right time and said, "I don't know why the talks broke down. Wang Xing temporarily pulled me and Mr. Liu into a group chat. After a half-hour online meeting, he decided to accept all our conditions."

"The whole process was a mess. All we discussed with him was that Meituan would first introduce Tencent to take over Alibaba's shares."

What he meant was that there was no time to discuss the subsequent merger matters, and they had to make prompt and prompt decisions to cut the Gordian knot. For this reason, they did not communicate with Xin Da'e in advance.

From a business perspective, Tencent's investment in Meituan is the company's own business and it has no obligation to disclose it to any outsiders in advance.

The so-called betrayal is just everyone's subjective judgment in private, which cannot be brought to the table.

Xie Jingxing had been calm since he first received the call from Liu Chih-ping, and he was not moved at all at this time. He just listened quietly to the two seniors in front of him singing the same tune, and occasionally nodded to indicate that he was listening. "In short, cooperation is not something that can be achieved overnight, but the timeline will definitely not be too long. In as short as two months and as long as three months, New DAE and Meituan can start the merger process!"

First appease and then express his position, Liu Chih-ping gave clear and visible time nodes.

Xie Jingxing smiled faintly without commenting, lowered his head and found a document from his desk, and pushed it in front of the two shareholders who were sitting opposite each other.

In the latest round of financing, Xinda'e raised US$100 billion at a valuation of US$20 billion. After excluding Tencent's follow-up investment, Didi and Fosun Group took over.

Xie Jingxing holds a total of 25.76% of Xinda'e's shares and 32% of the voting rights through Yunhe Logistics, Xiyou Capital, Taihe Capital and Yunshan Group.

As the de facto largest shareholder, his voting rights rank second after Zhang Tao and the management team, and the combined voting rights of both parties are 83.6%.

There is nothing to say. If Tencent, Sequoia or any shareholder wants to stop burning money on subsidies, see you in the board of directors.

This is also a matter of official business. No matter who wants to invest in Meituan, I don’t agree. Who is qualified to decide the merger of New DAE-Meituan?

"...Mr. Xie, I understand that you have complaints in your heart, but at least Wang Xing has taken the initiative to back down."

Shen Nanpeng saw that he could not appease her, so he sighed deeply and took out two letters from his bag: "One is written to you by Wang Xing himself and the other is written to you by Meituan shareholders jointly."

"Our cooperation has had a very good start. It would be a pity if misunderstandings in communication made it difficult to move forward."

"I also have a letter from the new shareholders of Daewoo here, Jingxing. The entire industry is waiting for your decision. Please think carefully and make a decision when necessary." Liu Chih-ping sighed helplessly and shook his head.

"Last year, Su He went to see Wang Xing and told him that as long as he got investment from Taihe and Tencent, the competition would just be between him and Zhang Xuhao."

Xie Jingxing finally showed some emotion, and his fingertips stroked the three envelopes in front of him: "Later, Wang Xing was inspired and asked Mr. Shen to act as a matchmaker, and Meituan accepted Tencent's investment and acquired Dianping."

"It was exactly the same script as now, but Tencent rejected it, and Peng Zhijian resigned because of it."

Why did you agree this time?
Because in the crazy money-burning war that lasted for more than a year, food delivery platforms appeared and collapsed in batches, and today only three are left.

Compared with New DAE which was controlled by Xie Jingxing of Yunshan Group, and Nuomi which was simply acquired by Baidu, the professional capabilities of Wang Xing and his founding team of Meituan, which has the most independent operating status, are undoubtedly very impressive.

As the growth of the food delivery business is about to peak and the market structure is clear, it is time to start a new round and enter the second half of the competition for existing shares.

Tencent obtained Meituan’s payment portal without any risk and caused corresponding losses to Alibaba.

Whether the market structure in the second half is decided head-on or by unification through mergers, the former has adjusted itself to a transcendent position to maximize its invincibility.

Everyone knew these truths, and Xie Jingxing had no intention of breaking the last layer of decency.

"If I were Wang Xing, what I would do now is to delay as much as possible. It would be best if New DAE stopped burning money immediately. Meituan can take a breather and, under the pretext of getting Tencent's investment and having a chance to merge with New DAE in the future, trick investors into getting a new round of financing. At the very least, it can survive for another year or two."

He ignored the right and wrong and looked at Shen Nanpeng: "If I were you, I would definitely try to persuade Xie Jingxing to promote the merger of New DAE and Meituan, with Wang Xing as CEO and Zhang Tao out."

"Are these letters written like this?" Xie Jingxing picked up the three letters on the table and waved them gently.

Martin Lau and Neil Shen remained silent. No matter how many emotions and ideals they had, when the choice in the business market became very clear, they had to make a decision.

Even though this decision is extremely hateful...

The current market choice in the field of local life services is the new DAE, which has the strong support of Xie Jingxing and Tencent. Under the leadership of Zhang Xuhao and Zhang Tao respectively, it has not been able to defeat Meituan for two full years from the fall of 2013 to the summer of 2015.

Obviously, as of today, the best solution is for New DAE to merge with Meituan, with Wang Xing serving as the CEO of the new company. He is still the best and most successful entrepreneur.

Xie Jingxing swept the world and became the undisputed king of local life services. Yunshan Group has since ushered in a second take-off.

All shareholders stopped the bleeding, put their wallets away and waited for the listing to share the profits. Everyone got what they wanted and no one was hurt.

As for Zhang Tao, an abandoned baby is not considered a human being. In fact, except for Xie Capital, all shareholders on the board of directors of Xinda E want to eat him alive.

"Zhang Tao has been very clear from the beginning that once Meituan and New Dang E enter into a merger rhythm with equal strength, no one will support him except you, so he is determined to continue the fight, even more determined than you, and doesn't mind burning the last penny in the shareholders' pockets!"

Shen Nanpeng complained angrily, pulling at his collar to catch his breath: "Now everyone knows clearly that the combination of Xie Jingxing and Wang Xing has a greater chance of defeating any competitor including Baidu and Alibaba in the subsequent market competition."

"As expected?"

Xie Jing Xing raised his eyebrows and carefully aligned the three envelopes in his hands and folded them up: "I'll take this as pressure."

"You said to stop the new round of financing for New Da'e, so you stopped it. You said not to allow Tencent to follow up and then you didn't allow it. OK, there was a miscommunication about Tencent's investment in Meituan. We accept your temper."

Shen Nanpeng became more and more excited as he spoke: "It was you who called for 50 billion and forced everyone to fight to the end. It was you who hid and pretended to be autistic and didn't see anyone. Dozens of shareholders of the two companies jointly wrote letters to beg you and took it as pressure. What's wrong with you, what do you want to do?!"

"I have to make it clear. Wang Xing is 36 years old, young and capable. It is not good for you to sit on your shitty throne and make all the decisions if he manages the company as CEO. So you have to oppose everyone and force Zhang Tao to be a mascot."

He was indignant and devoted himself to playing the villain. In the past few days, he and his brother Liu Chih-ping have been flying around the country despite their old bodies, collecting joint letters from shareholders to show their sincerity.

As a result, Xie Jingxing remained indifferent, Shen Nanpeng was really angry, and Liu Chih-ping, who played the good guy, wanted to say a few words to ease the atmosphere, but he couldn't find a way to do so.

I could only wait until Shen Nanpeng finished speaking in one breath, and then I saw Xie Jingxing shrugged his shoulders: "I spent 500 billion to buy Wang Xing into the company to be the boss. I am not an emperor, nor am I a mentally retarded person."

Tencent invested in Meituan without informing him in advance, simply because it considered that if Zhang Tao knew about it, it would definitely cause trouble.

In other words, Shen Nanpeng and Tencent decided from the very beginning that Wang Xing would be in charge of the new company after the merger.

But Xie Jingxing, who was agreed to pay the most money to lead the merger, was completely unaware of this. Isn't it a joke? Everyone has different thoughts and their own interests. Why should they condemn each other from the moral point of view?

"Boss Shen, we all have to know that the minority obeys the majority, and I am in the majority."

Xie Jingxing threw out the three unopened joint letters written by dozens of shareholders. They drew a perfect arc in the air and fell lightly into the trash can, seemingly without any weight.

"Jingxing, Wang Xing has taken the initiative to agree on a time limit. Within three months, as long as you give the nod, the merger can be initiated at any time."

Shen Nanpeng was speechless and no longer able to speak eloquently. Liu Chih-ping wanted to say something several times but stopped himself, and finally just left with this sentence dryly.

(End of this chapter)