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Group Buying O2O Website Has Been Bought By Sanqi Group.

2014/10/20 15:53:00 40

Group BuyingO2OWebsite

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The small editor of the network introduced to you that the group purchase O2O web site was bought by the three cell group.

On the evening of October 19th, the news of the group buying old handshake net was signed and bought by Jiangsu Sanqi group. The group buying industry was the second group buying website that was incorporated into the traditional enterprise. Before January 2014, Suning officially confirmed that 100% bought the full seat net, which was integrated into Su Ningben's life division.

The full net is incorporated into Suning, the price is only tens of millions of dollars, and the valuation has reached as high as 1 billion 100 million dollars.

The handshake online was the first group purchase in China in March 2010.

website

One of.

In April 2010, he received the injection of angel investment in Taishan venture capital. In June, he received $5 million A round of equity financing and $5 million in financial loans from investment institutions such as Jinsha River venture capital.

In April 2011, the handover network announced the completion of the third round of $111 million financing, which was jointly invested by Madden investment, two PE of Jinsha River group, and two other funds.

The total amount of three rounds of financing was 166 million US dollars. In the peak market in 2011, the value of the handshake net was as high as US $1 billion 100 million.

Under the guidance of Wu Bo, the handshake net was aimed at all over the city. In October 2011, the handshake net was officially launched to IPO in the US. However, due to the obvious cold market and the poor performance report, the listing of the handover network was not fulfilled.

After the failure of the listing, the market share of the previous handover network was gradually eroded by competitors. By 2012, the decline of the handover network became more and more obvious.

In August 2012, the news of the departure of Wu Bo, founder and CEO of the handshake network, was announced in the industry. Wu Bo's new project "mega le" won the A investment soon after, and then the investment of Mton became the actual controller of the handover network.

Zhou Feng, a new CEO of handshake net, has been avoiding contact with the media as a professional manager, and his voice in the industry has gradually disappeared.

Beginning in the second half of 2013, there were news that Baidu and Ali had been interested in the handshake net. Many people from the investment company came to and from the investment office, but the two sides finally failed to reach a takeover agreement.

The complex ownership structure of the handshake net is one of the important reasons.

After the acquisition of the three cell group, the two sides will cooperate and integrate online, offline and offline integration; the online experience of the handover network can benefit the O2O pformation of the three cell group; but to what extent can the three groups support the O2O market of the mobile network group, and a person close to the handshake net is pessimistic to the billion euro network. "At present, the three groups are offering more than just to allow the investment of the two major shareholders of Mton and the cash withdrawal of the Jinsha River's major shareholders, leaving the resources for the development of the handshake net really not too much."

It can be estimated that the choice was acquired.

Group buying

The overlord has really reached the end of his life.

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