Early in the morning, on 18 march, hyeung, a traditionally low-key network, announced that it was proposed to purchase the entire online shares of the village at around rmb 1. 5 billion. As a result of the news, stock prices on the smart web were once higher than 7 per cent, but then fell in a straight line and eventually down by almost 5 per cent。
It appears that the b2b website's biggest acquisition over the years has been judged inconsistently, even by some of the industry。
Liu xiaodong signed the bet and borrowed $900 million from cow city
The biggest challenge, china guan village online is worth $1. 5 billion
According to the trade design, 30 per cent of the total purchase price of $1. 5 billion was paid in cash, while the remaining 70 per cent would be paid in the form of an increase in value shares. The equivalent of $450 million in cash from wise minds, and an additional 1. 05 billion to be paid by shareholders。
Then, through this deal, liu xiaodong, the head of the nakawan village, amounts to his own direct cash of 900 million yuan。
The only thing he had to bear was a gambling agreement. Management such as liu xiaodong needs to commit to a net profit of 100 million yuan, 130 million yuan and 170 million yuan over the next three years, respectively, and an annual income increase of 30 per cent。
It has been revealed by industry that the seniors of the china guan village online indicated that after the takeover, china guan village online would remain independently operational. The sino-kwan village online future will be from providing information to community interaction to future digital products trading, and the electrician will be an important future for the sino-kwan village online。
Three times in 15 years. Not as fast as rice
In terms of historical trading at the first level of the market, the speed and space of online growth in the central bank villages is not significant。
Established in march 1999, china guan village online was sold three times in 15 years. In mid-2004, customs villages were purchased for $100 million by the cnet media group of the united states, and in mid-2008 customs villages were joined by colombia for $1. 8 billion。
Since last december, there have been news that cbsi china will sell a range of it sites, such as china guan village online. And the reason for the sale is simple, it's for the burden. In the capital market, the phrase is: “strike bad assets。
The buyer had been passed on to kyoto, and the result had eventually been wise. "from a $40 billion american stock star to a hong kong plate with a market value of less than $1 billion, it's amazing: a huge gap."
On the basis of a $1. 5 billion transaction valuation, china guan village online has only doubled. If you look more closely, the price of online sales in central guan village increased by 81. 59 per cent in 10 years in 2004 for us$ 1 to rmb 8. 26。
B2b or "fly on the glass"
“flies are lying on the glass, there is no future, and guo vansheng, founder of hyeung, once said an amazing word in the b2b industry. What he meant was that the electrician, who served the corporate customer, seemed to maintain a huge market, but was always out of reach。
Hyeung has worked for 25 years and is now known as the national professional b2b online trading platform. But the stock market in hong kong lasted 10 years before it was transferred to the main board, and the stock price was still falling, and from the day of the turnboard, it almost fell to pieces。
Is b2b bad for you
It's the same thing as b2b, cotonic city, which is quite counterproductive. This b2b power company, which runs ic electronics, claims to have spent three years vertically from 0 to 10 billion? Last year, the 4-year-old cortone city was successfully placed on the market in hong kong, and stock prices performed well. Last year's financial statements showed transactions amounting to $8. 4 billion, an increase of 115. 4 per cent over the same year; net profits amounted to $267. 1 million, an increase of 188. 8 per cent over the year。
Ali baba is also an older b2b user, who has been a retailer's platform and became china's largest internet company. On the other hand, the development of c-end electric operators has also accumulated the resources of small and medium-sized enterprises (smes), which have been transformed into an ant gold suit because of the desire to promote the realization of this enterprise's resources in the direction of supply chain finance。
There is also a web site that has been working on b2b — the marcopolo network — and last year also completed a round of b financing of $28. 5 million. Over the years, the site has focused on one thing — the largest on-line b2b product bank, with more than 600 million skus out of the most visible and up-to-date data, making it the number one industry. South china is not only china’s largest logistics operator, but also an ally of information. At the launch, several delegates said that they would do the “o2o ecoosphere, china's largest small and medium-sized enterprise”. It was stated that the company was about to launch a mobile application “business” that would address the mobile marketing needs of smes in a one-stop fashion。
In addition to o2o, internet finance is on the rise. This year, kotungura will also push supply chain finance, and the supply chain finance operation launched last september has already been reflected in revenues. The marcopolo network's financial platform, with 500 days of online applications, has exceeded 100 billion. The ants gold suit, which is about to be put on the market, was the first round of financing in the previous period and is said to have been valued at $300。
In fact, there is consensus on the direction of the industry and capital recognition. That's why many people don't get it。
In fact, prior to the acquisition of china guan village online, there had been some internal adjustments and a shift in thinking from consulting to the electrician. Guo jiang also said that, pending the completion of the acquisition consolidation, hyeung would be headed by china-kuan online, including the eight leading vertical e-commerce companies, including e-commerce, automotive industries, chemical electronic commerce, hotel supplies, engineering machinery, anti-e-commerce, and electronic commerce in the electronics industry, focusing on the four main areas of e-commerce, finance, real estate and hypocrisy。
Through a down-to-earth information portal, there are numerous b2b vertical electric operators that are trying to shift profit patterns from advertising revenues to trading commissions, internet finance and support services. This logic is indeed weak。
Moreover, while the current market value is low, capital is less likely to be paid for in “dreams” in four main areas: power generators, finance, real estate, and security from hypocrisy. The lack of clarity of direction is the root cause of the company's continuing illness, which explains why the company has changed prices and investors have chosen to vote with their feet。
