Current location - Recipe Complete Network - Catering industry - Two years ago, the "hungry" sold to Ma Yun Zhang Xuhao, earned 66.5 billion what is now doing?
Two years ago, the "hungry" sold to Ma Yun Zhang Xuhao, earned 66.5 billion what is now doing?

In the modern world, it can be said that there is almost no original mouth of the kind of "waste material", there is the location of the wrong talent. As Gong Zizhen wrote in his poem, "I urge the heavens to be vigorous, not to be limited to one pattern of talent."

With the advancement of science and technology, a lot of new industries have been created in the society, and people's lives have changed. In these new industries, catering takeaway can be said to be one of the best, which is placed in the seventies and eighties, is completely unimaginable. The leaders in this "take-away" industry are "Meituan" and "Hungry Mou", where people can order food on these platforms and enjoy the food at home that they once had to go out to eat. The company's website has been updated with the latest information on the company's website, including its website.

With the expansion of the takeout market, the rules of this market are becoming more and more standardized. The US group is mainly dependent on the existence of its app, takeout is only one of its business. Hungry Mou, on the other hand, is a software that has specialized in takeout from the very beginning. It was founded in 2008 by Zhang Xuhao and others, and has now gone through 12 years of wind and rain. Two years ago, Zhang Xuhao sold "hungry" to Jack Ma, earning 66.5 billion yuan, and now what is he doing?

In 1985, Zhang Xuhao was born in Shanghai, a commercial family, his grandfather is the Republic of China's button king Zhang Shaohua, the family's uncle engaged in the bearing business, and his father Zhang Zhiping is doing fishing tackle business. Because of his family, Zhang Xuhao was exposed to business knowledge from a very young age.

When he was a boy, Zhang Xuhao, like other boys, loved exciting and adventurous sports such as boxing and car racing, and he especially liked to challenge some difficult things and enjoyed them very much, and these habits were also carried over to his later entrepreneurial endeavors.

In 2008, Zhang Xuhao, who was a postgraduate student at the Shanghai Jiaotong University, had been thinking about entrepreneurial issues. Until one night, Zhang Xuhao and his brothers in the dormitory have been playing games until late at night, this time they are very hungry, but there is no food, which makes these young people think: there must be and we have the same confusion of the people ah.

So they came up with the idea of doing a food delivery business, and soon they put this idea into practice and gave this business a name called "rice rush delivery". In the beginning, "meal delivery" business model is to receive food orders by their phone, and then scheduling arrangements for delivery of food, each single they draw 15%, but along with the increase in business, "meal delivery" also appeared a lot of problems, the most prominent of which is the distribution problem. The most prominent of these is the distribution problem.

As we all know, delivery is a very hard job, and in 2008 it was the delivery problem that led to a collective strike by delivery workers, and Zhang Xuhao and one of his partners, Kang Jia, had to take on the task of delivering takeout themselves. Moreover, the whole delivery process is very slow and inefficient due to the reason that the orders are taken by phone. It was also very troublesome to do the accounting.

Later, several co-founders discussed their team's execution model and decided to develop a website where users could place their own orders. In April 2009, the company changed its name to Hungry Mou, and the site was officially launched. This decision will also bring "hungry" to a better field, can be said to be "no fly, fly will be the sky" ah.

In the beginning of the establishment of the "hungry" website, join the restaurant although there are only 30, but the amount of orders is quite a lot of orders every day can reach more than 600 single, every month is more than 60% of the speed of rapid growth. These young founders, but also for the "hungry" this company sacrificed a lot, the development of software Ye Feng would have had the opportunity to join Microsoft, Zhang Xuhao was also intended to graduate from graduate school to continue to the Hong Kong Polytechnic University for further study.

But they all gave up those opportunities for Hungry House, and Zhang Xuhao and Kang Jia even took a break from their studies. In order for Hungry Mansions to expand further in the market, Zhang and the others began to improve the system. In 2010, they launched Napos, a system developed specifically for merchants that also improved the efficiency of the site's back-end management.

Then later, they found that many merchants were dissatisfied with the commission model, and they quickly changed the fee to an annual fixed service fee, a series of changes that allowed HungryMall to stabilize the university market in Shanghai, and then they developed a collaborative system, Walle, with Napos and Walle becoming their biggest core competencies. competencies.

Back in 2011, Zhang Xuhao participated in many startup competitions to get more funding, and he got a lot of financing as a result, moreover, in 2014, he got two large sums of financing,**** a total of 1 billion yuan. In 2016, the largest investor became Alibaba, in 2017, Ali's shareholding has been more than one-third, and Zhang Xuhao held in the hands of the shares were diluted to 2%, this time Zhang Xuhao is obviously not "hungry" the actual controller.

After discussion, Zhang Xuhao and others decided to sell "hungry" to Alibaba, in April 2018, Ali with 66.5 billion yuan wholly-owned acquisition of hungry, Zhang Xuhao as chairman of the board of directors to continue to serve in the "hungry". Zhang Xuhao, who is very strong in execution, is also higher than ordinary people in business judgment, which is why he sold "hungry" to Alibaba.