It is difficult to draw bones by painting tiger skin.
Editor’s note: This article is from WeChat public account “Retail boss reference” (ID: Lslb168), author He Hanxiu.
On the afternoon of October 16th, after more than half a month of observance, hundreds of merchants gathered in the downstairs of Shanghai headquarters, finally reached a final agreement with Amoy Jiji: Amoy will collect funds Submitted to a third party for supervision, the merchant agreed to sign a “debt-to-equity swap” agreement.
“There is no money to sign, no money to sign.” A merchant that has been locked in hundreds of thousands of funds by the platform is so reluctant to express the current embarrassment.
However, this thundering drama of social e-commerce, for the time being, has a more appropriate solution.
Amoy collection violent thunder
On October 15th, with the apology letter of the founder of the collection, Zhang Zhengping, the thunderstorm incident on the Amoy collection platform seems to be coming to an end. In the apology letter, Zhang Zhengping hopes to let the business and the platform tide over the difficulties.
And on the evening of the same day, the merchants who had been at the Shanghai headquarters for nearly half a month also ushered in a formal “negotiation”. There are two choices in front of the merchants. One is prosecution, the collection is collapsed, and the property is liquidated. First, the contract is signed, and the financing is completed. The merchant can obtain 20% of the purchase price. The payment is based on the collection. Within 15 working days after successful financing.
As for the remaining 80%, there are also two options: the first is debt-to-equity swaps, and the second is to choose to spend 10% of the market value of the market, and the market value of 20 billion dollars to spend the remaining 70%. After the successful financing, Zhang Zhengping promised to sell its other business “Lightning Price Reduction” platform, and continue to operate.
The question is, what if the market value of the Amoy collection has never reached $1.5 billion? There are doubts in the business, because the specific repayment time is not indicated in the agreement.
Because of the large number of merchants present, the merchants consciously divided into several groups to negotiate. This morning, photos of the agreement signed by Zhang Zhengping and representatives of some local businesses were published online.