In [Easy Car Tianjin Local Auto Market Discount Promotion Channel], we have sorted out the ongoing
Promotions. As a much-talked-about model, the current price reduction of Jaguar XEL is still very amazing. The highest discount can even reach 119,600. The minimum starting price is only 214,400. You can get a larger discount by clicking the "Inquire" button in the quotation form. If you are looking for a practical and affordable model, you may wish to find out about the Jaguar XEL’s discounts.

Let’s take a look at the appearance of the Jaguar XEL first. The front face of the Jaguar XEL is relatively cold, and the grille adopts a black mesh shape, which looks very elegant. With the atmospheric headlights, the visual effect is not bad. The car is equipped with LED daytime running lights, headlights height adjustment, automatic opening and closing, adaptive far and near light, delayed closing, etc. To the side of the body, the body size of the car is 4778MM*1850MM*1429MM, the car adopts a personalized line, the body gives a very simple feeling, with large-sized thick-walled tires, the shape is quite hard. In terms of the rear, the rear and front of the car echo each other, the tail lights are very cool, and the unique exhaust pipe makes the overall layout impressive.

Sitting in the car, the front face of the Jaguar XEL looks very dynamic and the visual effect is very good. The steering wheel design of the car is very elegant, made of genuine leather, and the feel is good. Let’s take a look at the central control, with the 10.25-inch touch LCD central control screen, the interior style is impressive and looks rustic. The dashboard and seats also feel good, let’s take a look, the car is equipped with a delicate dashboard, giving a very elegant feeling. The car adopts imitation leather seats, equipped with sports-style seats, electric adjustment of the sub-seat, electric adjustment of the seat and other functions, and the overall comfort and wrapping are not bad.

The Jaguar XEL is matched with a manual integrated (AT) gearbox, with a 100-kilometer acceleration time of 7.3s. The power performance is good, and it meets the needs of daily use.

The exterior design of the Jaguar XEL is excellent, with streamlined lines and unique styling that makes it stand out among many luxury cars. The interior layout is reasonable, and the details are handled delicately, giving people a high-texture enjoyment. In terms of power, it is even more powerful, accelerating quickly and responding quickly, making people feel the pleasure of driving. In addition, the overall space performance of the vehicle is also quite excellent. There is enough leg and head room in both the front and rear rows, and the ride comfort is very high. In short, the Jaguar XEL is a luxury car with beautiful appearance, abundant power and spacious space, which is worth recommending to consumers who pursue a high-quality life.

　　[Autohome News] A few days ago, the network exposed the suspected 2024 model (|) configuration table, the new car appearance and interior have been upgraded, the overall texture has been improved, is expected to be released on September 2 this year. As a reference, the price range of the 2023 Toyota RAV4 on sale is: 17.68 to 263,800 yuan.

　　In terms of appearance, the 2024 Toyota RAV4 is expected to continue to use the current design language as a whole, and only some details will be adjusted. Among them, the front grille and front bumper guard of the Fashion Plus version will be changed in style, the wheel eyebrows on the side of the body and the lower trim of the side door will also be slightly changed, and the rear door trim strip and rear bumper guard at the rear of the car will change the original shape and pattern.

　　Entering the car, the interior upgrade of the new car is mainly reflected in the material and color. Among them, the color and leather pattern of the upper part of the door inner panel have been changed, and stitches have been added; the upper part of the door armrest has been added with wood grain strips; the original plastic parts near the door panel buttons have been replaced with piano black. The new car also upgraded the plastic around the shift handle to piano black, the material of the upper part of the central control armrest box has been changed to soft wrapping, and the stripes and colors in the middle of the central control have also changed. It is worth noting that when the material and color of the seat are changed, although stitches have been added, the original leather has been changed to synthetic leather. Compared with the current model, the texture of the car looks slightly improved after this upgrade.

"2023 Toyota RAV4"Oh, yeah."

　　Toyota RAV4 Rongfang is positioned as a compact SUV. In this class, RAV4 Rongfang is also a battle-hardened veteran. There are 2.0L naturally aspirated models and 2.5L gasoline-electric hybrid models in the whole series. Autohome sales rankings show that in July this year, RAV4 Rongfang sold 16,683 units, ranking first in the monthly sales list of joint venture SUVs. For more information on new cars, we will continue to follow up. (Text/Autohome Yue Changxing)

What we are talking about today. The following editor will tell you in detail.

Let’s take a look at the appearance of the Hongqi H5 first. The front face of the Hongqi H5 looks very fashionable and simple, and it is very recognizable. Then it adopts a dynamic and lively headlight design, which is very visual. The car is equipped with LED daytime running lights, front fog lights, automatic opening and closing, adaptive far and near light, delayed closing, etc. To the side of the car, the body size of the car is 4988MM*1875MM*1470MM, the car adopts a sturdy line, the body feels very young and fashionable, with large-sized thick-walled tires, leaving a very angular feeling. Looking back, the rear line of the Hongqi H5 is stylish and simple, the tail lights are very simple and generous, and the overall shape is still very durable.

In the Hongqi H5 car, the interior of the Hongqi H5 looks very round and streamlined. The steering wheel of the car is well designed, made of genuine leather, and the palm fit is very high. From the central control point of view, with the 12.6-inch touch LCD central control screen, the interior design is quite layered, and it looks very simple and fashionable. The interior feels good. Let’s take a look at the dashboard and seats. The car is equipped with a round and lovely dashboard, which is easy and clear to read information. The car adopts leather seats, and is equipped with functions such as electric adjustment of the auxiliary seat, electric adjustment of the seat with memory, and seat ratio reclining. It is basically enough for daily use.

Equipped with vehicle to everything, driving mode selection, remote control key, in-car ambient light, traction control (ASR/TCS, etc.) configuration, the configuration has reached the mainstream level of the same level.

I have already introduced this car. I believe that many users who buy a car have taken a fancy to its comfort and practicality. If you like this car, don’t hurry up and learn more about it!

The new generation of Volkswagen, the price starts less than 180,000, so what about the new generation of Volkswagen Pro version?

The exterior design style is basically the same as that of the Volkswagen L PRO version. The new Volkswagen Passat Pro version has the same body size, power configuration, and interior design layout as the new Volkswagen Maiteng, and the size is also about 5 meters.

The new Volkswagen Passat Pro version has the same body size as the old model. The power is equipped with a high-power 2.0T and the horsepower reaches 220 horsepower. The low-power version has been cancelled.

The price range of the Passat PRO version 2.0T version 19.99-23 9,900, which is relatively close to the new generation of Volkswagen Maiteng. The price of Volkswagen Maiteng 2.0T starts 209,900, and the top is 246,900. The price range has been lowered compared with the old model, and the power configuration continues the new generation of Volkswagen Maiteng.

The new Passat Pro version has a fashionable design and looks more exquisite than the old one. Of course, everyone has his own tastes, some say it looks good, some say it doesn’t look good, and everyone’s aesthetic is different.

In terms of external configuration, LED far and near lights, automatic headlights, steering assist lights. Including intelligent remote control keys, electric adjustment and heating functions of exterior rearview mirrors, these are standard for the whole series. In addition to the entry-level model, adaptive far and near lights will also be added, as well as 30-color interior ambient lights, as well as electric folding of exterior rearview mirrors + automatic folding of locking cars.

The interior design style and configuration of the new Passat Pro version are completely consistent with the new Volkswagen Maiteng. The new car comes standard with a 10.2-inch instrument panel, the central control display will provide 12.9 inches, and the high-end model will match 15 inches. In addition, only the top match will be added to the passenger display, equipped with a 4G vehicle to everything system. The high-end model matches the Qualcomm Snapdragon 8155 chip, and the passenger screen size reaches 11.6 inches. In fact, the new Volkswagen Passat Pro version has a much stronger interior design style, including configuration richness, than the old model.

In the new Volkswagen Passat, an electronic armchair mechanism will also be added next to the steering wheel, which is indeed more practical. The main seat of the entry-level model supports electric adjustment, but the passenger seat will only match the beggar version and above, including automatic three-zone air conditioning, and imitation leather seats in the car, which will be available in all models. However, the seat leg support does not match the entry-level, only the medium and high matching will be available.

What is not satisfactory about this car is the ventilation function and massage function of the front seats. Only the top car will be added, and neither the low nor the middle car will be added.

The Volkswagen Passat Pro version is still very good in terms of safety and auxiliary configuration. The airbag will provide 6-8, front/,, cruise at constant speed, automatic parking, and all systems are matched. It also has lane departure warning, forward collision warning, reverse side warning, DOW door opening warning, active braking system, parallel auxiliary features, L2-level auxiliary driving and ACC adaptive cruise system.

On July 9, 2024, FAW-Volkswagen’s new generation of Maiteng was officially listed, and the official guide price was 17.99-24 6,900 yuan. In addition, many consumers still pay attention to the B8 version of Maiteng, FAW-Volkswagen also launched Maiteng 2 million car, priced 17.49-20 6,900 yuan; CC family 22.49-26 7,900 yuan; CC hunting car 23.19-27 4,900 yuan.

The new generation of Maiteng released 3 cars, starting at 179,900 yuan can be said to be a surprise, at the same time, as of July 31 before the purchase of the car, consumers can buy 300TSI exclusive version with 10,000 yuan to buy 19,000 yuan worth of "conspicuous bag"; buy 380 premium version can be used 16,000 yuan to buy 25,000 yuan worth of "Damai bag"; in addition, there are commercial insurance free, free traffic for life car purchase rights.

In addition, considering that many consumers still love the previous generation models, FAW-Volkswagen has launched Maiteng 2 million models and CC family models to meet more consumer needs.

The lines are still German-style design, highlighting the sense of power through simple and capable lines. The lines of the back and waist of the C-pillar are more elegant, and many design details inherit the elements of luxury models such as Phaeton and Touareg. It is the first time that the luxury model design of the Volkswagen brand has been devolved, which shows Maiteng’s benchmark position in the B-class car.

At the same time, the front face and tail add dynamic fashion to the business temperament, breaking the conservative design of Volkswagen in the past. The design elements such as the borderless front face, through tail lights, and smooth lines are more novel and fashionable. They are based on insights into future aesthetic trends and represent Volkswagen’s new family design language.

The new generation of Maiteng takes into account the corresponding needs of consumers’ car environments in many aspects. For example, hail weather has been experienced in many places across the country recently. Maiteng’s hail strike experiment on the front cover minimizes the damage to vehicles from hail strikes.

The design of the new Maiteng B9 comes from the hands of the current Volkswagen exterior design director and legendary designer Marco Pavone, who was deeply influenced by his father. He and his younger brother showed a strong interest in car design from an early age, and eventually became legendary designers of the Volkswagen Group. They have designed a series of Volkswagen classic models such as the eighth-generation Golf.

The four-screen interactive system composed of "15-inch 2K central control screen" + "11.6-inch auxiliary driver screen" + "10.25-inch LCD meter" + "W HUD head-up display" makes technology and intelligence full on fuel vehicles.

The previous article mentioned that many places in the new generation of Maiteng show FAW-Volkswagen’s intentions. The 15-inch screen of the central control screen is coated with an anti-reflective and anti-fingerprint coating, which avoids leaving dirty fingerprints when touching the screen. It can also see the content of the screen at a normal angle under strong light, enhancing driving safety.

The simple wrapping space and oversized interior size are atmospheric enough, and are a new generation of future cockpits built by Volkswagen in the era of intelligence. Maiteng has been fully upgraded in intelligent technology.

The length, width and height of the new generation of Maiteng are 4990 × 1854 × 1487mm respectively, and the wheelbase is 2871mm. The first in the same class is the "net value space" in the car, 17 storage spaces, and the luggage space reaches 520L, which can be loaded for long and short trips.

The new generation of Maiteng not only has the front seats equipped with electric adjustment, ventilation, heating, and massage functions, but also the rear seats are equipped with the level of luxury cars. It is equipped with electric adjustment of the backrest angle, seat heating, ventilation, and massage functions, which truly realizes the "luxury equality" of the front and rear seats, creating a luxury space where style and comfort coexist.

The new generation of Maiteng has greatly improved in intelligent driving technology and intelligent safety technology. The data exchange speed of the new electrical architecture is increased by 4 times, and the data transmission is increased by up to 200 times. It is equipped with IQ. Pilot intelligent driving assistance jointly developed with DJI Automotive for the first time. It is suitable for urban or high-speed ordinary scenarios and congestion scenarios. It can realize functions such as adaptive cruise, lane keeping, lever lane change, emergency congestion handling, lane avoidance, traffic sign recognition, etc., bringing users a dual experience of intelligence and luxury.

Time flies, Maiteng has come to the ninth generation, as a benchmark for mid-range cars, starting from the sixth generation in 2007, Maiteng has always been the vanguard in the industry in terms of design, shape, performance and quality. At the same time, FAW-Volkswagen has become a passenger car company that has broken through the production and sales of 28 million vehicles in the industry. It is also enough to see FAW-Volkswagen’s status in people’s hearts and recognition of its products. I hope the new generation of Maiteng can continue to create good results.

For more original hot car information, please follow 58 Auto’s WeChat account: wubache.

[Autohome Foshan Discount Promotion Channel] brings you the latest hot news, the much-anticipated Geely is holding a grand promotion in Foshan. At this moment, consumers can seize the opportunity to enjoy a car purchase profit of up to 14,000 yuan, making the car purchase dream within reach. The starting price has been reduced to 60,800 yuan, which is not to be missed. Want to know more specific discount details and real-time pickup prices? Be sure to click "Check the car price" in the quotation form below, so that you can get the most advantage on the road of car purchase.

The exterior design of Colorful is full of vitality and sporty atmosphere. Its front face adopts the latest design language of the Geely family. The air intake grille adopts a delicate polygonal layout and is matched with sharp headlights to show a strong visual impact. The overall style is stylish and dynamic, with smooth lines and coordinated body proportions, which can attract the eye from any angle. Details, such as the waist line of the body and the design of the rear of the car, reflect the designer’s pursuit of sports aesthetics.

The Colorful features a modern urban dynamic with its refined profile. The body size is 4330mm*1800mm*1609mm and the wheelbase reaches 2600mm, giving it a spacious interior space and good driving stability. With a front track of 1551mm and a rear track of 1562mm, this design guarantees a good driving balance. The tire size is 215/65 R16, and both the front and rear wheels are equipped with consistent tires, reflecting its attention to detail and pursuit of driving experience. Overall, the Colorful’s side lines are smooth and powerful, and the wheel rim style is simple and generous, adding an elegant and steady visual effect to the vehicle.

The interior design of Colorful is simple and refined, dominated by modern style, showing a sense of technology and practicality. The steering wheel is made of plastic material, although not genuine leather, it has been carefully designed to feel comfortable and easy to handle. The 8-inch central control screen highlights the intelligence of the vehicle, integrating multiple functions, convenient operation, and meeting the daily needs of the driver. The seats are made of leather/fabric mixed and matched materials to ensure the comfort of the ride. The main and passenger seats support multi-directional adjustment, including front and rear, backrest and height, to adapt to various driving positions. The rear seats support proportional reclining, providing flexible loading space. Overall, the interior configuration takes into account both practical functions and focuses on the driver’s experience.

The car series is equipped with a 1.5L displacement L4 engine, which can output a maximum power of 93 kilowatts, and with a peak torque of 152 Nm, it provides the vehicle with stable power performance. This engine is matched with a 5-speed manual transmission, ensuring the driver’s precise control and fuel economy in daily driving.

In the praise of Autohome owners, Colorado has shown its unique charm. The intelligent memory switch with automatic start-stop function not only enhances driving convenience, but also shows the brand’s insight into future trends. Its compact body and sedan-like handling experience undoubtedly provide urban drivers with fuel-efficient and non-malfunctioning experience. Coupled with the stylish design and abundant power, Colorado has undoubtedly won the reputation of young consumers while meeting their needs.

Blue Electric Motor recently officially released the official car picture of its new model, which has attracted widespread attention. This new car has achieved significant improvements in appearance design, intelligent configuration, spatial layout and ride comfort. It is reported that Blue Electric E5 PLUS will start pre-sale at the end of September, bringing consumers a new high-quality travel choice.

The Blue Electric E5 PLUS adopts a modern and minimalist design style, and the overall shape is both simple and full of power. In the front part, the large-sized closed air intake grille is matched with a sharp group to create a strong visual impact. The side lines of the body are smooth, showing a fashionable and dynamic beauty. The body color is selected with a unique aurora green, which presents an unpredictable luster under different light conditions, enhancing the vehicle’s sense of advanced and future technology.

Entering the car, the interior design of the Blue Electric E5 PLUS is equally eye-catching. The seat wraps and supports well, ensuring comfort during long drives.

The Blue Electric E5 PLUS has also made great efforts in the spatial layout. The body size is 4760mm long * 1865mm wide * 1710mm high, and the wheelbase is 2785mm. This size not only guarantees a spacious ride space, but also provides ample storage space. The rear seats support 4/6 ratio reclining, further expanding the volume of the trunk to meet the diverse needs of family travel and daily use.

The maximum power of the blue electric E5 PLUS motor is 160kW, the maximum torque is 330N · m, and the power output is strong and smooth. The cruising range under working conditions can reach 510km, which can fully meet the needs of urban commuting and long-distance travel. In terms of battery life, the new car has a pure electric cruising range of up to 150km (CLTC), which can fully meet the daily commuting use, and pure electric is anxiety-free; the comprehensive cruising range can reach 1300km (CLTC).

Blue Electric E5 PLUS will undoubtedly become a popular model in the market with its stylish and dynamic design, luxurious and comfortable interior configuration, spacious and practical space layout and energy-efficient power performance. Pre-sale will start at the end of September, and interested consumers can pay attention in advance.

Recently, the 2024 Mercedes-Benz G500 was officially launched, priced at 1.899 million yuan. The Mercedes-Benz G has always been a dream car in the minds of many people. It is also deeply loved by consumers with its tough square box shape and super off-road ability. Then let’s take a look at what the 2024 Mercedes-Benz G500 has improved.

The new model has been mainly adjusted and upgraded in terms of details, and is limited to 500 units.

As a mid-term model, the car is limited to 500 units. In terms of appearance, it is highly consistent with the current model. The classic square box shape allows it to have a high return rate on the road. In addition, the appearance of the car will also be available in the custom paint of the AMG G63.

The interior is also highly consistent with the current model, only adding the words "1 of 500" to the armrest area in front of the passenger. The interior of the Mercedes-Benz G is top-notch in both design and materials, which can bring a very luxurious experience to users. Especially after the ambient light is lit, it will feel better.

In terms of power, the 2024 Mercedes-Benz G500 will be equipped with a V8 4.0T engine with a maximum output power of 310 kW and a peak torque of 610 Nm; the transmission system is matched with a 9AT gearbox. According to previous news, the future generation of Mercedes-Benz G500 will be replaced with a 6-cylinder engine, and the V8 engine will only be carried on the AMG G63 model.

On April 11th, after a brand-new "back-to-furnace upgrade", it was reloaded at the Huawei HarmonyOS Ecological Spring Communication Conference. The price of the Pro entry model remained unchanged at 249,800 yuan, but the prices of Max, Max+ and Max RS all dropped by 20,000 yuan compared with the previous ones. In addition, a brand-new top-of-the-line model Ultra Four-wheel Drive flagship version was added to the intelligent S7 this time, with a price of 349,800 yuan.

As the first car between Huawei and Huawei, and also the first car of Huawei, Zhijie S7 was listed as early as November 28th last year, and the market was once very hot. According to official data, as of December 2023, its large quantity exceeded 10,000 units. However, due to the shortage of chips and the relocation of factories, Zhijie S7 was "difficult to deliver" and was collectively diss by prospective car owners, and the enthusiasm of the new car quickly dissipated.

This time, the second listing of Zhijie S7, the first solution is the delivery problem. Yin Tongyue, Party Secretary and Chairman of Chery Holding Group Co., Ltd., personally stood on the platform to "guarantee the ticket": Chery’s factory for Zhijie can achieve the production level of delivering a Zhijie S7 in one minute; Chery regards Zhijie as the most important project of the enterprise, and establishes an independent division of Zhijie to promote it with exclusive manufacturing industrial parks and special resources; Huawei’s technology and standards deeply empower intelligent manufacturing. The factory of Zhijie S7 has passed nearly 10,000 tests, and the quality is absolutely online.

Secondly, the market environment faced by Zhijie S7 today is not the same as last November. First, the drastic price reduction of Han EV made the competition intensity of the 200,000-yuan pure electric car market increase sharply, and then it absorbed most of the traffic at the smart electric coupe track. Coupled with the strong smell of gunpowder added by brands such as, Zhiji and even others, the pressure of intellectual S7 was not small.

Huawei’s countermeasures, on the one hand, reduce the price of the main sales model of Zhijie S7, on the other hand, increase the "Chinese content" of new cars. According to reports, Zhijie S7 is equipped with Huawei’s eight "black technologies", including Huawei Turing Intelligent Chassis, Parking Driver, Car Omni-directional Anti-collision System, HarmonyOS 4.0 Intelligent Cockpit, Huawei DriveONE 800V Silicon Carbide High-voltage Power Platform, Huawei "Whale" 800V High-voltage Battery Platform, brand-new laser radar and Huawei Pangu Model Art..

Moreover, Yu Chengdong "connotes" Xiaomi SU7 many times at the press conference, and obviously regards it as the strongest opponent. In terms of price, Zhijie S7 is higher than Xiaomi SU7, so we will focus on the whole system 800V, intelligent chassis and intelligent driving ability, which are the advantages of Zhijie S7.

According to official information, as an entry-level model, Zhijie S7 Pro will be the first Huawei Visual Intelligent Driving HUAWEI ADS Basic Edition, which does not rely on laser radar and high-precision maps to realize "the national expressway is fast and easy to open and the intelligent parking is easy to stop"-the national expressway and urban expressway support NCA intelligent driving navigation assistance, intelligent driving up and down the ramp, and it has certain ability to change lanes and avoid obstacles when encountering road construction, cone barrel diversion and other scenes. Intelligent parking supports more than 160 kinds of parking spaces, such as special-shaped parking spaces and custom parking spaces, which can be parked immediately. At the same time, the battery pack of Zhijie S7 Pro will be upgraded to 82kWh, and the comprehensive cruising range of CLTC will be increased to 705 km, which will not increase the price compared with the old model.

Yu Chengdong said, "Smart driving is not a kind of smart driving where futures are in stock and you can enjoy it when you pick up the car" and "you can drive if you have a road". At present, Huawei’s advanced intelligent driving system ADS has covered all main roads and branches in 40,000+cities and towns across the country. NOA, the city of Xiaomi SU7, will not be opened nationwide until the end of the year, and many "small print clauses" have been attached.

However, one thing is worth pondering. Yu Chengdong didn’t say "far ahead" once in the release process of Zhijie S7 Pro. I don’t know if it was really "mentioned" by online rumors, or was it that he didn’t have enough confidence in the future performance of Zhijie S7 listed for the second time? In contrast, Yin Tongyue was generous with his praise. He bluntly said, "China can’t build a good car without Huawei", and the feeling given to him by the intellectual S7 "can’t even be described in Chinese" only reminded him of an English word "Amazing".

Shuidi Automobile believes that although Zhijie S7 and Xiaomi SU7 seem to be aiming at each other, the actual audience groups are not the same. At present, it is still in its infancy. The first batch of users must be loyal rice noodles, and most of them are users who pursue topic and adopt early adopters. They are hard to be swayed by competing products. Although the intellectual world is also a brand-new brand, there are Aouita and Wenjie before, and there will be enjoyment behind, so the "Huawei aura" of the intellectual world is not so eye-catching.

The author judges that the sales volume of the reloaded intelligent S7 must be much better than before, but it is probably more difficult to benchmark your own big brother, because the problem is not Huawei, but increasing the range.

　　The departure of all the top executives of the original Meituan and the Dianping department has made Meituan Dianping the company with the "fastest executive loss in the history of the Internet". What happened to Meituan after the merger with Dianping? Under internal and external troubles, what will the future of Meituan Dianping be like?

　　Text | Bai Xiaoxi @Guangzhou

　　Source | Uncrowned Finance (ID: wumiancaijing)

　　ChinaVenture

　　News

　　Yeah.

　　Yeah.

　　Yeah.

　　In the past year, in addition to CEO Wang Xing’s "second half of the Internet" theory, Meituan’s most eye-catching features have been the dazzling structural adjustments and waves of executive departures.

　　On May 5, Meituan Dianping released an email saying that Chen Ye, senior vice president of the group and head of the ad platform, would leave due to personal and family reasons. The former Dianping department was just transferred from the business department to the functional area of business earlier this year.

　　According to media reports recently, Gan Jiawei, the former COO of Meituan Network, has joined Hillhouse Capital. As the original Meituan No. 2 employee, Gan Jiawei was given the idle position of the "Internet + University" president set by Wang Xing during last year’s adjustment. His resignation is also expected.

　　The departure of all the top executives of the original Meituan and the Dianping department has made Meituan Dianping the company with the "fastest executive loss in the history of the Internet". What happened to Meituan after the merger with Dianping? Under internal and external troubles, what will the future of Meituan Dianping be like?

　　Frequent architecture adjustments

　　In October 2015, the young Meituan annexed the 7-year-old Dianping, and Wang Xing also used this to prove his outstanding judgment in the O2O field. But Meituan has undergone several structural adjustments before and after, and a group of capable cadres have left the market one after another, which is regrettable.

　　In July 2015, Wang Xing began to re-examine the catering-related business, and successively established a takeaway delivery business group, a hotel tourism business group, and a store business group. Wang Huiwen, Chen Liang, and COO Gan Jiawei served as the presidents of the business group, respectively.

　　In November 2015, a month after the merger of Meituan and Dianping, the new company underwent a large-scale structural adjustment, which retained Meituan’s previously established delivery and takeaway delivery business group. It also emerged as a comprehensive business group based on related businesses that overlap with Dianping. In addition, there was also a hotel tourism business group and a platform business group, and a wholly-owned subsidiary of Maoyan Film.

　　In July 2016, Wang Xing released an internal letter, once again announcing new structural adjustments and personnel appointments. The original restaurant catering business group, takeaway delivery business group and catering ecological platform were merged into a "catering platform". So far, catering, comprehensive, and wine travel have been designated as the "troika" of Meituan’s review business.

　　In January this year, Wang Xing announced the adjustment of the core business organizational structure through internal emails to further integrate the group buying business. After that, all business groups of Meituan Comments will be classified into three major sectors: catering, comprehensive, and hotel tourism, forming a new "troika".

　　After a series of dazzling personnel adjustments, the "Eight King Kong" who made great contributions in the development of Meituan have left the field one after another.

　　Shen Peng, the 10th employee of Meituan, left to start a business in March 2016, which caused an uproar in public opinion. Shen Peng joined Meituan at the age of 22. As the second salesperson, he worked in Meituan for 7 years and was the head of Meituan’s national food delivery.

　　After the structure adjustment in January this year, there were media reports that Zhang Qiang, the former general manager of Meituan South Four Regions, Lu Yinfeng, the head of Meituan Sales Support Department, and Qu Zhiyuan, the head of Meituan Sales Training, took the initiative to leave and chose where to go.

　　On March 23 this year, according to Yiou.com, Ma Hongbin, the senior operating director of Meituan Takeaway, has left Meituan Takeaway and joined the live broadcast platform Kuaishou. Ma Hongbin joined Meituan in May 2015 as the senior operating director.

　　In a shake-up last July, Gan Jiawei, a former COO who joined Meituan in 2011 and built a strong ground marketing team, was appointed by Wang Xing as the president of "Internet + University", responsible for the development of talents in the new company, which Wang Xing said was to "allow him to better balance work and take care of his family from other places." It is reported that Gan Jiawei has been in Australia since then, in a state of unemployment.

　　At present, the only titan who has stayed is Yao Juntao, the former head of Meituan Shanghai, who has been transferred to Maoyan. But Maoyan Movie has been controlled by Enlight Media and is not nominally owned by Meituan.

　　The No. 3 figure who left Meituan at the end of 2014, Yang Jun, the former vice president of sales, has already caused personnel turmoil in Meituan. In 2015, some media broke the news that, according to the feedback from Meituan’s departing employees, Meituan had 8 district managers, 9 district managers, and more than a dozen important city managers. More than 10 district managers and city manager-level employees have left Meituan, including many old employees and core middle-level employees who have worked in Meituan for more than three years.

　　There was unrest.

　　Under Meituan’s series of structural adjustments, in addition to the departure of the old department, Dianping executives have also been eliminated, and the company’s personnel turmoil has not subsided.

　　When Shen Peng left, he was speculated by the outside world to be related to ****. When Shen Peng was still in the group buying business department, there was a rift between the rumors and Gan Jiawei. When he left the group buying to take away, Shen Peng took away the original group buying department’s subordinates and hoped to no longer have too much intersection with the group buying sales team.

　　In January this year, the Internet media personality Zhu Yi wrote an article directly accusing Wang Xing of "cronyism" and threw out an internal circulation of Meituan’s power map, the core of which was Wang Xing’s relatives and classmates.

　　After the personnel adjustment at the beginning of the year, Wang Xing’s wife Guo Wanhuai took control of the group’s financial and personnel appointments, and his cousin Yin Zhihua became the leader of the smart restaurant. Wang Xing’s five classmates, Chen Liang, Mu Rongjun, Wang Huiwen, Yang Jinfang, and Lai Binqiang, respectively, served as president of Meituan Platform and Wine Travel, technical senior, CEO of Catering Division, back-end executives, and former Meituan legal person.

　　Some media people broke the news that with the continuous departure of executives, Chen Liang and other five-member "classmates gang" have been in constant conflict with Guo Waihuai’s camp, and the most direct confrontation is the return of the wine travel business department. At the end of 2016, Chen Liang’s wine travel business group tried to raise funds independently, but the financing failed, while Guo Waihuai prefers the return of the wine travel business group in order to take charge of more real power departments.

　　In addition, after the merger of Meituan and Dianping, the executives of the comment department have encountered personnel turmoil one after another.

　　Just one month after Meituan and Dianping merged, Dianping CEO Zhang Tao was announced to no longer serve as co-CEO and transferred to the virtual position of chairperson of the new company. Since then, among several generals in the Dianping department, Li Jing has retired, and Zhang Bo’s whereabouts are unknown. On January 9 this year, Meituan Dianping announced the fourth large-scale structural adjustment. The soul of Dianping and the former Dianping COO Lv Guangyu resigned, announcing that the executive team of the Dianping department was eliminated.

　　According to the list circulating on the Internet, the core team of the Dianping Department has reached 24 people since last year. Meituan Dianping is the first in the Internet industry to have such frequent senior changes.

　　Revenue and listing suspense

　　On April 15, Wang Xing proposed at the CEO Summit of the New Economy 100 that Meituan globalization is the general trend. But personnel turmoil, valuation continues to decline, and the 2018 listing period of the previous financing and gambling is not far away. What will Wang Xing’s "globalization" promise rely on to achieve?

　　As a member of the small BAT portfolio, Meituan Dianping’s situation is bleak compared to the other two. On April 28, Didi Chuxing announced the completion of a new round of financing of more than 5.50 billion US dollars. In early April, media reported that Jinri Toutiao had completed a D round of financing of about 1 billion US dollars at the end of last year. Meituan Dianping has since completed a financing after the merger, and its valuation has begun to decline, which has been snubbed by the capital markets.

　　In January, according to a person close to Meituan investors, the valuation of Meituan investors’ sale of the old shares was lower than the valuation of $7 billion in the penultimate round of financing, and the last round was valued at $12 billion. The old shareholders would rather sell Meituan shares at half price for a safe exit.

　　This is not the first time Meituan shares have been sold at a discount. In August 2016, the media exposed that Ali sold Meituan old shares at a 20% discount and sold them through fund channels. At that time, the "Unicorn Equity Investment Fund No. 3 – Meituan-Dianping" launched by Yizhou Assets announced: "The valuation price of the old shares of Alibaba transferred by this fund is 12.45 billion US dollars, which is a 8.3% discount for the valuation of this round of financing 15 billion US dollars. The margin of safety is higher than that of the same type of product in the market in the same period!"

　　Behind the discounted sale of shares is the capital’s concern about the value of Meituan’s comments, which also casts a shadow on its listing.

　　In early 2016, Meituan Review completed a $3.30 billion financing. As a price, Wang Xing promised that Meituan Review would complete the listing in 2018, and at the same time ensure that the IPO valuation is not less than $20 billion. If it cannot be completed, Meituan Review will pay 120% of the investment amount – nearly $4 billion.

　　Group buying, takeaway and wine travel are Meituan’s three main businesses. Group buying is in decline; takeaway is always a big hole that burns money, and there is no hope of profit; low-end hotels are not only difficult to make profits, but also have strong enemies. What is Meituan’s revenue?

　　Wang Xing revealed at the 2016 Yabuli China Entrepreneur Summer Summit that as of July 2016, Meituan Dianping’s other businesses other than takeaway have achieved break-even. The specific revenue situation is unknown.

　　However, according to the financing documents of Meituan Dianping exposed by self-media "Kaiba" in December last year, it is expected to lose as much as 10.537 billion yuan, or about 1.62 billion US dollars, in 2015, and Meituan Dianping is expected to achieve profitability in 2018.

　　According to an article in the Economic Observer in August last year, Meituan’s internal executives once said that Meituan’s greatest core competitiveness is to burn money subsidies. Meituan’s subsidies in group buying are as high as 300 million yuan, but the huge number of customers it has cultivated have no loyalty. Meituan’s logic of burning money has temporarily taken the lead in group buying, takeaway and movie ticket business, but the same logic of burning money has failed one after another in the hotel and takeaway market.

　　From this perspective, it is still unknown when Meituan will be able to turn losses into profits as a whole.

　　In order to go public, Meituan Dianping can only find ways from other aspects, first of all, to cut expenses. According to media statistics, it has laid off 4,000 grass-roots employees, which can save about 200 million yuan a year. In addition, news from the sales staff of the catering business department in Shenzhen, Shanghai and other places said that since the second half of last year, Meituan Dianping’s usual commission to catering merchants has been raised from 4% -6% to 8% -10%, while in some areas, the commission ratio has reached 15%.

　　In the opinion of industry insiders, it is easy to reduce expenses, and how to improve profitability is the key. The lack of an effective profit model is the fatal flaw of Meituan Reviews.

　　Now that 2018 is getting closer and closer, analysts believe that if Meituan Dianping does not have external capital to continue blood transfusion, it may fall before dawn.

　　END