Currently, Golden Shell Investment Company in Hong Kong Island manages total assets of approximately 2.4 billion US Dollars. It is expected to double after the listings of JD.com and Ali.
Last year, Golden Shell Investment Company's total revenue was about 100 million US Dollars. After discussing with several executives of the company, Link used this profit along with a loan of 180 million US Dollars to buy a 10.7% stake in Meituan.
Currently, in the Huaxia region, group-buying websites are flooding the market. Meituan, Ele.me, Baidu, Nuomi, Dianping, and other online shopping platforms are engaged in a protracted "thousand-group war", with at least 2000 group-buying websites currently mired in internal strife.
Affected by competition, last year Meituan's market value had dropped to around 2.2 billion US Dollars. At the end of last year with support from Ali, its current market value is assessed at 2.5 billion US Dollars, which presents a good opportunity to invest.
