Meituan lost money for many years, but Wang Xing's worth soared. Why should the company continue to raise funds when it has money?

As the internet plus model is welcomed by consumers, many enterprises begin to transform and develop. Companies that were originally Internet companies are also stepping up their development efforts. Although the internet model has been developed for many years, at present, the development prospect is still very broad.

However, although the Internet is good, there are not many truly famous Internet companies. At present, there are only a few well-known internet companies in China, but few of these top companies can make money from the beginning. Take Wang Xing's Mei Tuan as an example. It has been established for more than ten years, and it only takes two years to really make money.

As unicorns in the take-away industry, Meituan and Didi are both powerful representative companies in their respective industries. To the outside world, these enterprises give people the impression that they are very rich. Coupled with the skyrocketing value of Wang Xing a few days ago, the concept of "the US Mission has money" has been further strengthened.

However, what we have seen is seriously inconsistent with the facts. Although Meituan and Didi seem to be rich, what they see from the annual report is just the opposite. It's only two years since Meituan really started making money. However, the founder's worth is just the opposite of the company's development. Although Meituan has been losing money for several years, the value of founder Wang Xing has been growing.

In addition to the boss's high price, the financing affairs of these Internet giants have never fallen. It stands to reason that as an industry unicorn, there should be no shortage of money. Why are these companies still financing?

The latest data shows that the market value of Meituan has reached 1.63 trillion Hong Kong dollars. Although Didi has not yet been listed, its current valuation is not low, and it is all around 400 billion. According to this market value, the two companies should no longer need financing. Why has the pace of financing never stopped?

Although it seems that both companies are rich, market value and cash flow are not the same concept. Just because a company has a high market value does not mean that its cash flow is also high. As Ma Yun said: For enterprises, money is never enough.

Take Meituan as an example. Although its main business is take-away, Meituan has been exploring new territory in recent years. From the previous bicycle to the express delivery business, whether it is investment or mergers and acquisitions, it needs a lot of money to support it. Industrial layout can not be separated from the support of funds. Therefore, no matter how rich the US Mission is, it will not refuse investors' financing.

Although Didi has not been listed yet, as a member of Internet companies in China, Didi should be the company with the most financing. Since its establishment, Didi's accumulated financing is close to 654.38+050 billion yuan. After the 2 1 round of financing, even the US Mission had to "candidly admit defeat".

In the impression of the outside world, these two companies seem to have been losing money, especially Didi. Even after so many rounds of financing, it is still not listed. Although the US Mission also lost money, its performance report has been "good-looking" for more than a year.

The bigger the company, the greater the company's operating costs. For these Internet giants, external financing is like "free" money. Don't give it away for nothing. Few people will shut out financing, including Meituan and Didi. After all, the most important thing to expand the scale is money.