Why did the rapidly growing Amoy collection fall into such a field, and what kind of enlightenment can it give to the industry?
Editor’s note: This article is from Blue Whale Finance, author Liu Minjuan.
In recent days, the establishment of a one-year social e-commerce platform, the collection of the e-commerce platform, suddenly fell into arrears in merchants’ payments and sought business restructuring, which attracted much attention from outside the industry.
The Amoy collection announced on October 12 that the company will conduct business restructuring with large domestic institutions, and it is a critical period of financing recently. However, the progress of the financing, who is the takeover, the Amoy collection was not disclosed in the announcement.
According to the clues received by the Blue Whale TTM reporter, in addition to facing merchants’ debt collection, there may be delays in issuing employee wages. A promotion supervisor who claimed to be an Amoy collection told reporters that he still has not received the salary in September, after the company will pay wages on the 9-10th of each month.
For the reorganization related situation, the relevant person in the Amoy collection responded to the Blue Whale TTM reporter that the object of reorganization is certain. For the employee’s salary, the other party said that the employee’s salary is normally issued on the 30th of each month, and the salary is divided into wholesale. At present, Shanghai does not hear any information about the salary. The situation of the above-mentioned person may be a case.
Public information shows that the Amoy collection was founded in August 2018 and has only been established for 14 months. From the development history of the collection, the platform has grown extremely rapidly. In a short period of time, the number of users has exceeded 100 million, and most of the users are concentrated in the sinking market. It was once regarded as a dark horse in the field of social e-commerce. Unfortunately, this dark horse is now reinsed by a reins.
The key question at the moment is, what kind of revelation can the industry give to the rapidly growing Amoy collection? Can the money collected by the Amoy collection be returned? Is the financing referred to in the Amoy collection true? Who is the so-called “large institution”? Blue Whale TMT will continue to pay attention to this.
Businesses have experienced difficulties since July, involving more than 5,000 merchants
According to the reporter’s understanding, as early as August this year, there were informed people in the WeChat group to report the slow recovery of the collection, saying that “the collection of the collection will be at least two months or so.” An e-commerce industry observer said that because the repayment cycles of different platforms were different, the remarks did not rise to the level of funding at the time, and thus did not attract too much attention.
Unexpectedly, two months later, the fund crisis of the Amoy collection began to accelerate fermentation. On October 1st, Amoy collected an announcement on the official Weibo, saying that unidentified personnel had faked the collection business and released false statements and videos recently. The relevant situation and evidence were reported to the police to assist the investigation.
But under the Weibo, there are a lot of Weibo users who are suspected of collecting the merchants in the collection, saying that the collection is “thief shouting thieves” and pointed out that since July