As a leader in the take-away industry, Hungry has been established for 12 years and has become an important part of Ali's local life service company. So, do you remember Zhang Xuhao? How is the young man who sold his hunger to Ma Yun for 66.5 billion yuan?

Turn "ideas" into reality, and start a business. Are you hungry?

When you feel hungry, you wish food would be delivered to your door automatically. Many people will think so, and Zhang Xuhao is no exception, but he regards it as a business opportunity. He also talked with his roommates all night and planned to make a software that can order food online. In this way, this group of young people started "Hungry" with a patchwork of million yuan.

However, starting a business is not that easy. At first, in order to promote, they not only went to the student dormitory to "sweep the building", but also distributed leaflets to nearby hair salons and 4S shops. However, after a year's precipitation, their career is slowly on the right track, and they officially launched "Hungry" in April 2119.

By September, 2111, the "Hungry" ordering range had covered all of Shanghai. Later, with the rise of smart phones, hungry people also launched a mobile phone webpage ordering platform. In the era when post-91s otaku culture prevailed, hungry people undoubtedly stood on the "wind outlet" and grew up rapidly.

When the well-funded Meituan entered the market, its market share was squeezed when it was hungry.

In the same year, the well-heeled Meituan made all-out efforts to enter the take-away industry. Due to the more complete services and functions provided by Meituan's take-away, it suffered heavy losses when it was hungry, and its market share continued to decline.

Faced with the "crushing" of capital, Zhang Xuhao team worked hard to participate in various entrepreneurial competitions to get more financing.

Hungry, I got four financing projects in two years, including Public Comment, Sequoia Capital, etc. In August 2115, I got another $631 million financing led by CITIC Industrial Fund and Hualian.

with these financing, we will continue to improve our business, from the original catering distribution business to supermarkets, medicine and other fields.

By 2117, Hungry has covered 2,111 cities in China, with 2 million merchants and 261 million users.

Zhang Xuhao's team will be hungry to achieve such a large scale, and naturally it will receive countless applause and eyes. In 2118, Ma Yun invited Zhang Xuhao to discuss whether Ali was hungry. In the end, Zhang Xuhao sold Hungry to Ali for $9.5 billion (about RMB 66.5 billion), and Zhang Xuhao also got 8.5 billion yuan from it.

Many people expressed their incomprehension about Zhang Xuhao's practice, and even some people in the team objected. After all, the development momentum of being hungry was in full swing. In Zhang Xuhao's view, if you are hungry, you can get a good development in your own hands, but if you give it to Ali for operation, you can get a qualitative leap. It's hard to compare the two, so it's better to let the hungry get a better development.

how is Zhang Xuhao now?

After selling Hungry, Zhang Xuhao didn't start a new business, but stayed in Ali as the CEO of Hungry and the special assistant of Ali CEO Zhang Yong. The rest of the team also chose to stay in Ali. In addition, Zhang Xuhao also set his sights on the investment field and began to look at projects by himself.

in may p>2121, Zhang Xuhao ranked 344th on the 511 rich list with a wealth of 9.2 billion yuan. In the latest post-81s self-made rich list, become a member of the "Billionaire Club".

In Zhang Xuhao's team, we can see the shadow of many entrepreneurs. Many people dare to think but dare not do it, but dare not work hard enough. Hungry can succeed because these young people dare to think and fight hard, leading them to grow up all the way.

Now, Zhang Xuhao is in the golden age of entrepreneur's development. Obviously, his story does not stop there. Let's wait and see if he can create more glory in the future!