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66.5 billion young people who sold "Ele.me" to Jack Ma, what happens now?

As we all know, since the mobile Internet began to develop rapidly, China's Internet economy has begun to bloom everywhere. Among them, the lazy economy has also developed on the fast lane of the Internet. For example, the food delivery industry has developed very rapidly in the past few years. Now food delivery has become

It has become a very common way of life in our lives.

In China’s food delivery market, Meituan and Ele.me have always been the dominant players.

The two food delivery giants have always competed and developed with each other; at the same time, behind these two food delivery giants, there is also strong support from capital. Behind Meituan, there is the investment support of Ma Huateng’s Tencent, and Ma Huateng is not only

It invests in Meituan. According to news from the investment community, Tencent’s affiliated company, Tencent Industrial Investment Fund, has taken a stake in Shenzhen Longzhu Equity Investment Fund. The actual controller of the latter is Meituan founder Wang Xing.

In other words, Ma Huateng invested in Wang Xing's fund again.

This is not the first time Tencent has invested in a Meituan-based fund.

As early as November 2017, Meituan Longzhu Capital, which was just established at that time, completed the first phase of delivery, and its main investors included Tencent.

Now, Tencent has once again invested in Longzhu Capital-related funds, which has also officially attracted the outside world's attention to Tencent's LP territory.

The so-called LP, that is, limited partner, commonly known as "financier father", is the investor of venture capital institutions.

Four years ago, Tencent became Wang Xing’s LP, and now Tencent has once again invested in Meituan Longzhu Capital.

With the rise of the food delivery industry, there are more employees. According to data, there are currently 5 million food delivery people in my country, which has alleviated a lot of pressure on social employment. Among the emerging industries, catering food delivery is one of them. Being outstanding, this was completely unimaginable in the 1970s and 1980s.

The leaders in this "takeaway" industry are undoubtedly "Meituan" and "Ele.me". People can place orders on these platforms and enjoy food at home that they once had to go out to eat.

Alibaba acquires Ele.me!

Speaking of Meituan, I believe everyone will definitely think of Ele.me. After all, these two have always been rivals, just like Alibaba and Tencent. However, unlike Meituan’s food delivery, Ele.me has focused on online and offline food delivery services from the beginning.

Meituan Food Delivery is a major business developed on the basis of group buying; when Zhang Xuhao, the founder of Ele.me, was still a student, he developed an online ordering system in his dormitory, hoping that in this way

To facilitate your life and study.

In order to make up his mind to start a business, Zhang Xuhao actually gave up the opportunity to study for a Ph.D. at the Hong Kong Polytechnic University, and worked hard to start a business with several partners. In order to develop Ele.me takeout, each of them made a desperate move; scraping together some money,

Ele.me Food Delivery began to officially develop. After a period of development, Ele.me Food Delivery also began to become famous in the industry and was favored by capital!

Later, with the advent of the mobile Internet era, Zhang Xuhao took advantage of the opportunity and developed Ele.me Food Delivery!

Meituan’s food delivery mainly relies on its app to exist, and food delivery is only one of its businesses.

“Ele.me” is a software that has been focused on food delivery from the beginning.

It has gone through 12 years of ups and downs.

Three years ago, Zhang Xuhao sold "Ele.me" to Jack Ma and made a profit of 66.5 billion.

To put it simply, Alibaba acquired Ele.me.

So, why does Alibaba do this?

First of all, China's takeout industry is currently very hot, and it can bring huge profits every day, because there are so many users who choose to order takeout, and general takeout prices are a bit more expensive, and there are delivery fees, so the takeout industry

Still very profitable.

Especially Ele.me, which accounts for half of the food delivery industry, can bring huge economic benefits every day, and as time goes by, Ele.me will only become more and more popular.

In fact, it is not a bad thing that Alibaba and Ele.me are tied together. With Alibaba’s support, Ele.me will definitely become more powerful, the service will definitely be more considerate, and the service will definitely be better.

widely.

In the future, we may not only see Ele.me takeout, but also Ele.me express delivery, and Ele.me Mall cannot tell for sure.

After all, Alibaba is full of infinite possibilities, and Ele.me is also full of infinite possibilities.

And how is the founder of Ele.me doing now?

On October 28, 2019, Hurun Research Institute released the "2019 Hurun Post-80s Self-Made Rich List" Zhang Xuhao ranked 19th with 5.5 billion yuan.

In 2020, Zhang Xuhao still serves as the chairman of "Ele.me" and has also appeared on the "2020 New Fortune 500 Rich List" with a wealth of 9.2 billion yuan. It must be said that this is also among the entrepreneurs born in the 1980s.

Outstanding.

In fact, judging from companies acquired by Alibaba in the past, it is not uncommon for founders to gradually fade away, and Zhang Xuhao seems to be no exception.

Currently, Zhang Xuhao is studying biomedicine and other fields he has never been involved in before, and is spending more time with his family.

This also proves that his original decision was not wrong. Instead of destroying Ele.me, it is better to let it be reborn. This may be Zhang Xuhao's original idea.