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2 years ago, sold hungry to Ma Yun, cash out of 66.5 billion Zhang Xuhao, now the status quo how?

With the development and popularization of smartphones, our lifestyle has become more and more convenient. If you are too lazy to cook, you can pick up your cell phone and order a takeaway, and in less than an hour the food will be delivered to your doorstep. When it comes to takeaway software, we will definitely think of HungryMan. Zhang Xuhao, the founder of Hungry Mans, sold Hungry Mans to Jack Ma 2 years ago, cashing out 66.5 billion, has long been a billionaire. But the birth of hungry, because of an accidental "hungry" --

"Hungry" was born

In the 1990s, the Internet developed rapidly, and the takeaway industry was in a state of flux. In the 1990s, the Internet was developing rapidly, and the takeout industry was all the rage. But smartphones weren't common, and the only two forms of ordering were by phone and text message.

Some visionaries began to look at trends in the restaurant industry early on, seeking business opportunities. 2008, Zhang Xuhao, the founder of Hungry Mansions, was still a college student studying for his master's degree at Shanghai Jiaotong University.

It was his experience of being hungry late at night and not being able to order takeout that drew his attention to potential business opportunities in the restaurant industry as a whole. Zhang Xuhao found that many college students like him were reluctant to eat at the store.

If he could get them to order food in the form of takeout, he should get more sales. It didn't take long for Zhang Xuhao and his roommate to start talking about takeout, and they went about the business.

Eventually, an app was developed that focused on online takeout and instant delivery, and it was named after a popular catchphrase -- "Hungry Mou".

In 2012, smartphones were popularized by the public, and after two years of exploration and development, Hungrymao had become a must-have for college students and white-collar workers, with almost every young person having a Hungrymao downloaded to his or her phone.

The big tree attracts the wind, the takeaway industry this piece of "fat meat", the other catering industry giants naturally will not let go. 2013 November, Meituan takeaway officially on-line.

With the quality of user experience and simple operation, Meituan quickly harvested a large number of users, and at once covered the first-tier and second-tier cities such as Beijing, Shanghai, Guangzhou,

Tianjin, Xi'an and other first-tier and second-tier cities, and initiated a fierce battle for the market to the Hungry Mou.

May 20, 2014, Baidu takeout also came out of nowhere. At that time, Meituan and HungryMan were still fighting for the campus market, while Baidu focused on breaking through the white-collar market and building a high-quality delivery team, which better suited the requirements of office workers.

In May of 2015, Baidu's takeout gained the largest share of the white-collar market. On October 8 of the same year, Dianping and Meituan reached a strategic cooperation.

With the support of Volkswagen Dianping, the market share of Meituan Takeout increased and reached 50%, which turned into the leader of the takeout industry in one leap, and this also made Zhang Xuhao realize the importance of cooperation.

August 24, 2017, the hungry finally acquired Baidu takeaway, takeaway market from the "tripod" situation, once again back to the "two male hegemony".

The hungry one will be sold to Ma Yun, cashing out 66.5 billion Zhang Xuhao, how is the current situation?

This way, the hungry indeed narrowed the gap with the U.S. takeout. But in the long run, the U.S. Mission still has the absolute advantage of the mass base, which is the hungry one can not overcome the chasm.

At a later stage, the competition between HungryMall and Meituan can be described as "burning money". Zhang Xuhao, as the owner of Hungry Mansion, is under increasing pressure.

He knew that if he continued to spend so much time, the best result would be a double loss. In the end, he made a cruel decision.On April 2, 2018, Zhang Xuhao sold Hungry Mou wholly owned to Ali.

He also received 66.5 billion yuan from this transaction. Today, he still serves as the chairman of Hungry Mansion and made it to the 80s Rich List on October 28, 2019, ranking 19th with a total asset of 5.5 billion yuan.

Now Zhang Xuhao, only need to be responsible for the related operations of hungry么, there is a feeling of "no official body light". Hungry is his hand created, watching it from the beginning of the growth, and later had to sell to Ali, for Zhang Xuhao, undoubtedly some regret. But in that year's circumstances, this is really the best way to stop the loss