May 25, Saturday.

Today is the third anniversary of the founding of Sprout. According to past practice, there was no special celebration event. We just distributed a special red envelope of RMB 500 to each Sprout employee through Weixin.

With the current staff size of Sprout, this will cost almost a small amount of money.

Because this kind of bonus, according to Suya's practice, is all-inclusive, and workers in electronics factories, delivery boys, etc. are all within the scope of the bonus.

Although their salaries and benefits are different, they are all serious budding employees.

Everyone should be treated equally.

Although there is no employee stock ownership or equity incentive, Sprout has never been stingy in terms of benefits, including holiday allowance, heatstroke prevention and cooling allowance, overtime pay, year-end bonuses, etc.

It can even be said to be very generous.

Given China's current development status, overtime work is inevitable, but overtime pay will definitely be provided.

There is no such thing as exploitation.

In the employee security plan that Jiang Yue took the lead in formulating, it also purchased insurance for each employee, set up a critical illness relief fund, family leave, organized a company physical examination every year and other welfare guarantees.

In this area, it can definitely be called a model in the industry.

otherwise.

A sprout that is developing at a rapid pace cannot have such strong cohesion.

night.

Zhang Shuo invited all the senior executives to have a dinner together as a small-scale celebration.

During the banquet, the topic of employee welfare protection was discussed again. Zhang Shuo smiled and said to Jiang Yue: "Unconsciously, the company has been established for three years. We can add some new welfare guarantees, such as company travel and so on."

"From now on, we will organize a company group trip every year, um, every two years."

“The boss is awesome!”

Of course Jiang Yue was very supportive and asked with a smile: "Will it start this year or two years from now?"

"Of course it's this year, but it has to be staggered. Half this year, half next year."

After two years, the day lilies were all cold.

The employees below will scold you.

And with the current scale of the Germination Department, it seems too crowded to accommodate them all in one year.

"Okay, I'll make arrangements."

Jiang Yue smiled and wrote down which subsidiary this year and which subsidiary will be next year are also particular.

"In addition, on Women's Day, let's add another three-day intra-provincial travel benefit for female employees." Zhang Shuo also pays special attention to the rights and interests of female employees.

“The boss is awesome!”

As a woman, Jiang Yue is of course more supportive.

………

Monday, May 27th.

The past weekend was a stormy one, with a lot of big things happening.

First, Qingcheng Group successfully completed Series C financing at an ultra-high valuation of 110 billion, selling a total of 15% of its shares and obtaining a huge development fund of 16.5 billion.

This capital will be mainly used for new business operations and overseas development.

Compared with the Series B financing a year ago, in the past year, Qingcheng Group's various businesses have continued to expand and have opened up many new businesses, becoming a giant in the local life service track in the Chinese market.

During this period, a capital increase of tens of billions was also carried out.

In view of this, the overall valuation of Qingcheng Group has soared from 75 billion to 110 billion.

The investment institutions participating in this round of financing include old friends such as Lingnan Provincial Investment, Binhai City Investment, and Ping An, as well as upstarts such as Pirates Group and Tan Maxi, as well as many local giants in Southeast Asia.

Can be regarded as a bundled financing.

Otherwise, Qingcheng Group would not have said that it would sell 15% of its shares in one fell swoop.

After the financing is completed, Sprout Group's shareholding ratio in Qingcheng Group will be diluted from the original % to %, and it will still be the undisputed largest shareholder of Qingcheng Group.

This has also become the largest super financing in the history of China Internet.

Qingcheng Group, with a valuation of up to 111 billion, has not only surpassed the mold group of the original time and space, but also surpassed the established Internet companies in one fell swoop. Its "market value" is second only to the already listed Qiandu.

Become a veritable upstart giant in China's Internet industry.

Putting aside the parent company of Qingcheng, the Sprout Group, Qingcheng Group is already the Internet company with the highest market value among the three giants Ali, Tenda, and Qiandu in terms of "market value" alone.

In comparison.

Whether it is Ali-Dianping or Nomi Dianping, their valuation is less than half of that of Qingcheng Group.

The difference is already obvious.

It’s no wonder that as soon as the news of Qingcheng Group’s financing came out, the Internet became lively again.

"Oh my god, Mo Ya is really awesome."

"People no longer play with the Big Three. Just one of its subsidiaries is expected to launch a charge against the Big Three in terms of market value. How can this compare?"

"Tengda: I always feel insulted."

"It's better not to praise the sprouts. If we compare Qingcheng alone with the Big Three, the gap is still huge. Not to mention Ali, which has not yet been listed, Tenda and Qiandu alone have a market value of over 400 billion.

"

"It can only be said that there are serious faults among the three giants, which makes Qingcheng appear too prominent."

"Wangyi: This time it was really understood."

"That's true, but have you ever thought about it? Qingcheng Group is actually not the best subsidiary of Sprout. There is also Maili Group in front."

"It's true, I would have forgotten it if I didn't mention it."

"In terms of profitability alone, Maili Group is comparable to the three giants. It's just that it has neither financing nor listing, so it doesn't show off. In fact, it is the real giant."

"If you put it this way, Mo Ya is really awesome."

"You must be awesome. Didn't you hear what the King of Meng said? Germination's competitors are Sanxing, Pingguo, Weiruan and the like. Their eyes are not limited to this one-third of the country."

Netizens were just enjoying their time with Ahri, Tengda, and Qiandu, but they were really nervous.

Among the Big Three.

Fortunately, Ali is betting on local life services, but after all, it is not the core business of the group, and it has not invested too much money and resources in Ali-Dianping.

It does not mean that Ali Dianping must be number one in the industry, as long as it does not fall behind.

This chapter is not over yet, please click on the next page to continue reading! In essence, in Ali’s strategic plan, the local life service business is only a supplement to the group’s e-commerce business, or in other words, it is a grab for Ali’s e-commerce business.

A channel for traffic.

Tengda and Qiandu are different.

Especially for Tenda, after undergoing a major adjustment in its business structure, the local life service track has become one of the future tracks that Tenda is betting on.

Not long ago, they teamed up with Qiandu and made a capital increase of up to 3.5 billion in Nomi Dianping. They plan to consolidate the food delivery business while also trying to develop the shared bicycle business.

result…

Before Nomi Dianping could exert any force, Qingcheng Group showed up.

It's really shocking.

"Boss, Qingcheng Group has received a huge amount of 16.5 billion in funds. If it is really determined to start a subsidy war with us, we will not be able to handle it, whether it is food delivery business or shared bicycles." Lu Jian reminded in a low voice.

It’s not to blame Lu Jian for feeling guilty, it’s really because the financial strength of the two companies is not at the same level.

The difference is four to five times.

"Don't rush to start the shared bicycle business. Focus your funds on food delivery subsidies first. Let's see what Qingcheng does next and then make further plans." The second master couldn't help but rub his head again.

"I also feel that way."

Nowadays, Lu Jian has long since lost his thoughts on competing with Mo Ya.

………

In addition to the financing of Qingcheng Group, just yesterday, Mango Motors, which was established for more than a year and has been out of the public eye, finally made a "big" move——

An invitation letter was posted across the entire network.

Mango Auto will hold a global press conference on May 31 to officially launch its first concept car.

It also sparked quite a bit of discussion.

"Hold it, Mango Motors is serious about building a car!"

"Of course you are serious. Which business do you think you are not serious about?"

"What I'm saying is that before, Mango Motors was just doing research and development in a low-key manner. As far as I know, since its establishment, Mango Motors has invested more than 20 billion in capital."

"What a wealthy family!"
To be continued...