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Author of this article: Zhou Luping 2016-01-28
Message on January 28,Today,According to Wall Street Journal,Alibaba agrees to sell stakes in Meituan and Dianping,worth approximately US$900 million。 
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Message on January 28,Today,According to Wall Street Journal,Alibaba agrees to sell stakes in Meituan and Dianping,worth approximately US$900 million。 

Back in October 2015,Meituan and Dianping announce merger,Considered to be on Tencent’s side,Alibaba’s previous shares 188bet online sports betting in Meituan have also attracted people’s attention。In November 2015,Some media exposed it,Alibaba is already considering selling its shares in Meituan-Dianping,The rumor at the time was that it was sold at a discount,Price is $1 billion,Now it seems,Decreased from previous rumors。  

reported,While Alibaba seeks to sell Meituan shares,Also began to focus on supporting word-of-mouth network,June 23, 2015,Alibaba announced the establishment of word-of-mouth network with 6 billion yuan,Considered to suppress Meituan。There was tension between the two parties at that time,Block each other offline。 

January 19, 2016,Meituan announced a new round of financing of over US$3.3 billion,Tencent invested nearly US$1 billion in this round of financing,DST limit is 3.USD 500 million,Sequoia Capital Quota 1.USD 500 million,USD 1.3 billion including CICC and Capital Today。Meituan-Dianping plans to raise US$3 billion through issuance of Class B preferred shares,Accounting for 16 of the total equity after financing.67%,Estimated post-financing valuation of US$18 billion。 

Meituan founder Wang Xing was recently asked in an interview with Caijing: "It seems that the relationship between you and your shareholder 188bet sports betting app download Alibaba is not always good。”

Wang Xing replied at the time: “Our relationship with Alibaba is not fundamentally different from our relationship with other investors,All follow business rules。In Didi Kuaidi’s merger case,It is said that they were also the last ones to agree。”From this point of view,For the merger of Meituan and Dianping,Ali has always had doubts。

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