"President Chen, you can't be serious. Is Nuomi Network really worth 270 million US dollars? Just a month ago, Lashou Network was only valued at 300 million."
Chen Yansen's voice came through the speaker. His tone seemed full of mirth, but it was dripping with contempt.
In the Group Buy industry, Meituan and Dianping were in the first tier, with monthly transaction volumes exceeding one billion Hua Yuan. Lashou was in the second tier—not as good as the top, but better than the rest—with a monthly volume of 500 to 600 million.
WoWo Group and Nuomi Network, on the other hand, belonged to the third tier. Their monthly transaction volume was only 300 to 400 million, they had yet to turn a profit, and they were losing as much as 6 million US dollars in a single quarter.
'He wants to offload a burden but still sell it for a premium?'
'As if life were that easy!'
