On June 1st, Wang Xin reluctantly signed his name on the share transfer agreement, simultaneously declaring he had no further connection to Meituan.
Redwood Capital and Ah Li seized the opportunity to exit, selling their shares to Sanbao Group. Pan-Atlantic Capital, however, chose to continue holding its shares after some persuasion from Zhao Yafei.
After all, Sanbao Group's business spanned multiple sectors—including department stores, e-commerce, property leasing, medical services, online matchmaking, real estate, and art financing—with total assets exceeding 50 billion Hua Yuan.
As a financially powerful company, it might be able to push Meituan's market value to new heights.
It had to be said, Pan-Atlantic Capital was indeed taking a gamble.
As Shen Nanpeng left, he gave Wang Xin a deep look. He knew in his heart that he had lost the bet.
Wang Xin and Meituan hadn't made it to the end. The winner of the "Thousand-Group-Buy War" would perhaps be Qian Du, or perhaps Kuai Pao.
