Otherwise, the project would be disbanded, and the person in charge would be out the door.
"What is Wang Huiwen's asking price?" Li Yanhong asked, a flicker of interest in his eyes.
"370 million US dollars," Gong Zhenbing replied.
Li Yanhong recalled that Qian Du had acquired Lashou Network for 420 million US dollars. At the time, Lashou Network's monthly transaction volume was about 600 million. By comparison, a price of 370 million US dollars wasn't that high.
"Push the price down. Keep it around 300 million. I'll have the investment department assist you," Li Yanhong said.
If they acquired Meituan and then merged it with Lashou Network, Qian Du Network would become number one in the group-buy space.
But Li Yanhong had overlooked one thing: a business merger is an extremely complex undertaking. From a macro perspective, it seems simple—as simple as one plus one equals two.
