Meituan signed an equity transfer agreement with 188bet sports betting,Total consideration 18 million yuan

Author of this 188bet sports betting: Ma Jing 2018-11-14
Before the equity transfer agreement takes effect,188bet sports betting Han Tao by Zhang Tao、Li Jing、Long Wei、Leaf tree、Zhang Bo and Shenzhen Litong Industrial Investment Fund Co., Ltd. own 29.19%、8.10%、8.61%、11.06%、23.05%&20.0% equity。

Evening of November 13th,Meituan Dianping announced,To strengthen the group’s internal control and management system and for the purpose of administrative efficiency,Changed the registered shareholders of 188bet sports betting from the existing registered holders to the company’s executive directors Wang Xing and Mu Rongjun。Enter the termination agreement,According to the existing registered holder、188bet sports betting and the wholly foreign-owned enterprise agree to terminate the existing variable interest entity structure related to 188bet sports betting;Equity Transfer Agreement,Accordingly, the existing registered holder agrees to transfer 95% and 5% of the equity interests in 188bet sports betting to Wang Xing and Mu Rongjun respectively,The total consideration is RMB 18 million;And New Variable Interest Entity Agreement,According to this, the group established a new variable interest entity structure。

Before the equity transfer agreement takes effect,188bet sports betting Han Tao by Zhang Tao、Li Jing、Long Wei、Leaf tree、Zhang Bo and Shenzhen Litong Industrial Investment Fund Co., Ltd. own 29.19%、8.10%、8.61%、11.06%、23.05%&20.0% equity。

Sky Eye Check Display,188bet sports betting Information Consulting Co., Ltd. was registered and established on September 23, 2003,Dianping.com is affiliated with this company。Dianping.com is a local consumer platform and O2O service provider,Provide users with various life services and group purchases through the website and App。

According to relevant media reports,October 2015,Dianping.com and Meituan jointly issued a statement,Announcement of strategic cooperation,Both parties have jointly established a new company。The new company will implement the Co-CEO system,Meituan CEO Wang Xing and Dianping CEO Zhang Tao will serve as co-CEOs and co-chairmen at the same time,Major decisions will be made at the co-CEO and board level。

October 30,Meituan Dianping announced a new round of organizational system upgrades through an internal letter。Internal name,Meituan will strategically focus on Food+Platform,With "eating" as the core,Establish a user platform,And to the store、Daojia’s two major business groups;On the new business side,Kuailu Business Department and Xiaoxiang Business Department continue to carry out business exploration,Deploying supply chain services and fresh food retail industries respectively,Established LBS platform at the same time。It is reported,This is also Meituan’s first organizational structure adjustment since its listing。

*Source of this 188bet sports betting: Beijing News,Author: Ma Jing,Original title: "Meituan-Dianping: The registered shareholders of 188bet sports betting changed to Wang Xing and Mu Rongjun》.

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