The most important thing is the Champions League qualification Tenghage: Sniper Manchester City? Give the answer next week.

On May 20th, Beijing time, Manchester United coach Tenghage was asked many questions about Manchester City at the pre-match press conference.

When asked if Manchester United can reach the same level as Manchester City, Tenghage said: "First of all, the most important thing for us is to qualify for the Champions League. At present, I don’t think we can reach the level of Manchester City, but my focus is only on the next game, Manchester United’s game against Bournemouth. "

"We have to win this game to qualify for the Champions League next season. Therefore, for us, focusing on the game, focusing on the neighboring games, the nearest one, is the most important. "

Manchester City has the opportunity to recreate Manchester United’s triple crown last season, and Manchester United also has the opportunity to complete the attack in the FA Cup, preventing this city’s sworn enemy from achieving such achievements. When asked about this matter, Tenghage said: "At present, we still have three Premier League games, and these three games have not been played yet. You asked me if I would? Yes, I will enjoy doing that, but before the end of the Premier League, this matter is not important at all. "

"I think we must do what we have been doing all season, make progress every day, make progress in every game, don’t look too far ahead, and focus on the next game is the most important thing."

Manchester City has just won the Champions League overlord Real Madrid 4-0 at Etihad. When asked if Manchester City is invincible and can it be stopped, Tenghage said easily: "I will give you that answer after next week."

Radio Searle: Bartomeu will stand trial for the Barcelona PR scandal.

Live on March 10th, Radio Searle reported that Bartomeu, the former president of Barcelona, and Massfeller, the former senior manager of Barcelona, will be tried for the public relations incident in Barcelona.

Bartomeu was accused of hiring a public relations company to discredit his players on social media, and now he and Massfeller will be tried for insults and libel.

Bartomeu and Massfeller need to pay a deposit of 100,000 euros within 24 hours, otherwise they may be detained.

(goblin killer)

The science and technology volunteer service group of CAAI Smart Energy Committee entered the enterprise to carry out popular science lectures.

Inheriting the spirit of Lei Feng, scientific and technological volunteers are in action. In order to thoroughly implement the spirit of the General Secretary’s instructions, the Chinese Society of Artificial Intelligence actively responded to the call of the China Association for Science and Technology, and adhered to the principle that "research must take serving the country as its own responsibility, and learning must take serving the people as its glory". Through various forms of scientific and technological volunteer service activities, it profoundly interpreted the connotation of Lei Feng’s spiritual era and wrote the story of Lei Feng in the scientific and technological circles in the new era.

On March 5th, on the occasion of the 60th "Learning from Lei Feng", CAAI Smart Energy Committee organized and set up a volunteer service team for science and technology, entered the front line of science and technology companies, and carried out the activity of "Lecture on the Application of Artificial Intelligence in the Energy and Power Field under the Target of’ Double Carbon’".

This activity focused on the application scenarios of energy and electric power industry. The CAAI Smart Energy Committee invited experts in the fields of electric power and artificial intelligence to share popular science knowledge such as power grid dispatching, comprehensive energy, safety inspection and so on with front-line employees and the masses in the form of knowledge lectures. Actively interacted with the field personnel and invited them to experience the application of new power technologies such as VR. At the end of the activity, experts had in-depth exchanges with the audience and patiently answered questions of common concern such as the construction of new power systems.

Through this activity, the Science and Technology Volunteer Service Corps introduced the innovative applications of big data, artificial intelligence, virtual reality, metauniverse, ChatGPT and other technologies in the field of energy and power to the frontline employees and the masses who care about the development of the energy and power industry, and vigorously promoted the spirit of Lei Feng with practical actions and wrote the story of Lei Feng in the scientific and technological field in the new era.

IDC predicts that the global AI system expenditure will reach $154 billion in 2023.

IDC’s "Global Artificial Intelligence Expenditure Guide" makes the latest prediction that the global AI expenditure, including the expenditure on software, hardware and services of various AI-centered systems, will reach US$ 154 billion in 2023, an increase of 26.9% compared with 2022, and it is estimated that the compound annual growth rate (CAGR) will be 27.0% from 2022 to 2026. By 2026, the total expenditure of AI-centric systems will exceed $300 billion.

Mike Glenn, senior market research analyst of IDC customer insight and analysis team, said, "No matter what the scale, as long as AI technology cannot be adopted quickly, enterprises will gradually fall behind in the market. AI can make great contributions to enhancing human capabilities, automatically performing repetitive tasks, providing personalized advice, and making data-driven decisions quickly and accurately. AI technology suppliers need to accurately predict and grasp business opportunities, which requires data support. IDC’s AI spending guide comprehensively covers the marketing strategies of various AI opportunities, which can provide a basis for publicity work and point out the market focus that is suitable for the company’s capabilities. "

In the next five years, only one of the 36 AI use cases identified by IDC will have a compound annual growth rate of less than 24% during the forecast period.

In terms of expenditure, the three major AI use cases all focus on sales and customer service functions: enhanced customer service agent, sales process recommendation and enhancement, and project consultant and recommendation system. These three use cases have strong investment attraction for all industries, which will account for more than a quarter of all AI expenditures in 2023. Within this year, other high-spending use cases will support more diverse operational tasks, including IT optimization, threat intelligence and prevention system enhancement, and fraud analysis and investigation.

During the forecast period, the two industries that invest the most in the AI field are banking and retail. The next hot direction of AI expenditure is professional services, followed by discrete manufacturing and process manufacturing. This year, these five directions will account for more than half of the system expenditure centered on AI. The biggest increase in AI expenditure comes from the media industry, with a five-year compound growth rate of 30.2%. And similar to the system use case expenditure, it is predicted that only two industries have a compound annual growth rate of AI expenditure below 25%.

Xueqing Zhang, senior market analyst of IDC China Enterprise Research Department, believes that "AI technology will continue to bring empowerment effects to users and industries. With the support of pre-training large model and multi-modal technology, AI capability will be applied to the whole production process on a large scale. In the future, whether it is a government-level urban problem or a life problem closely related to everyone, it will experience the process of AI technology from concept to application, and enjoy a wave of dividends brought by AI. "

From a regional perspective, the United States will become the largest market for AI-centric systems, accounting for more than 50% of the global total AI expenditure during the whole forecast period. Western Europe will account for more than 20% of global IT expenditure, with a five-year compound growth rate of 30.0%, with the largest growth rate in the forecast period. China is the third largest AI market, with a compound annual growth rate of 20.6%.

New Harland? Slovenian genius Sheshko is about to land in the Bundesliga. Is he ready?

Benjamin Sheshko, he may be one of the most watched young strikers in the world football today. Many people have given him high expectations, and next season, he will complete the "leap" from Salzburg Red Bull to RB Leipzig, just like Pamekano, Szoboszlai, Huang Xican and Sabitzer. This season, Sheshko has helped Salzburg Red Bull establish a 9-point lead in the Austrian League, so can he conquer the Bundesliga next?

Sheshko was born on May 31st, 2004 in Radece, a small town in the Lower sava river Valley in eastern Slovenia. He started his football tour at the local club Radece in 2010. After spending three years here. From 2013 to 2019, Sheshko changed several clubs, the most impressive of which was in Krsko, where he scored 59 goals in 23 games.

In 2019, Sheshko entered the sight of Salzburg Red Bull. Red Bull quickly took action to introduce the Slovenian teenager, and then he was loaned to Levlin, where he made 15 appearances for a total of 354 minutes. However, his more memorable performance was in the European Youth League, and he helped the Salzburg Red Bull Youth Team reach the semi-finals with his wonderful performance.

In the following season, Sheshko continued to play for Levlin. He made 29 appearances and scored 20 goals, ranking second in the top scorer list. These performances attracted the attention of Jesse Marsh, the head coach of Red Bull Salzburg at that time. He made Sheshko debut for the first team against Hartberg on January 30, 2021.

Before the start of the 2021-22 season, the new head coach Matthias Jaissle officially promoted him to the first team. It was also in this season that Sheshko quickly became a high-profile name in European football, and his name attracted the attention of many giants.

In the 2021-22 season, Cescau, as a substitute for Okafor, played 24 games in Austria and scored 5 goals in 966 minutes. For an 18-year-old first-team rookie, this is a satisfactory data. In July last year, in a warm-up match between Red Bull Salzburg and Liverpool, Sheshko sealed his throat after completing a counterattack that almost ran through the half-court, helping the team beat the Red Army 1-0.

This season, Jaissle gave Sheshko more playing time and helped him to play more roles in the team. Cesco averaged nearly 60 minutes per game this season, which is the highest in his calendar season. At the same time, he also contributed 9 goals and 2 assists to the team in the league and was the top scorer in the Salzburg Red Bull. What is particularly valuable is that six of Sheshko’s nine goals were scored when the team was behind or tied, which helped the team get eight points, so Sheshko’s contribution to the team is very important.

Sheshko is efficient as a shooter. He scored one goal every 89 minutes on average this season. In addition, his shooting accuracy is quite excellent, so Sheshko is considered to have the potential to become a prolific shooter.

As an attacker with a height of 1.95 meters, Sheshko, like his predecessor Harland in the club, likes to use his physique to suppress defenders in the frontcourt, or use his body to confront defenders when the team attacks. At the same time, Sheshko’s advantage is that he has flexibility that doesn’t match his height, and he often uses fast dribbling to break through in a narrow space.

In addition, Sheshko is also famous for his crisp shooting, which means that when he shoots, the goalkeeper rarely gets a chance to save. Cescau also has excellent speed and ability without the ball, and is good at running intelligently behind the opponent’s defense.

However, Sheshko also has some obvious weaknesses. One of them is his ability to handle the ball when holding it. Although Cescau is a good dribbler, he sometimes lacks the judgment of the situation and can’t pass the ball properly for his teammates when he takes the ball in the third zone.

On the other hand, although Sheshko’s goal shot was very powerful, there were some problems in his adjustment before shooting. This is an important problem that puzzles Sheshko. He has missed 11 major opportunities in the Olympic Super League this season, which is the most among all players in the league. This is not conducive to Sheshko’s prospects in the big clubs.

At present, Sheshko is not a perfect striker. However, the advantage of Sheshko is that because of his outstanding specialty, even with those limited skills, he can create a huge threat to the opponent’s defense. As he continues to accumulate competition experience and improve his ability, Sheshko is expected to grow into a real world-class striker.

The experience in the Bundesliga next season will be very important for Sheshko, because RB Leipzig is a very orderly team with many high-level competition opportunities. As he did in Austria before, Sheshko needs to make more efforts to win playing time and prove his adaptability in high-level dialogue.

Humans are not yet worthy of eternal life.

The secret of human immortality is not in animals, but in plants. After being differentiated from prokaryotes into animals and plants, animals lose the function of immortality and are replaced by the function of death.

It has been said a long time ago that people’s biggest misunderstanding is that death is the biggest enemy of life. In fact, on the contrary, death is the most powerful function of animals, which enables animals to evolve rapidly and iteratively to ensure that the population can constantly adapt to the environment. If animals can live forever, it will only take tens of thousands of years to consume the resources of the earth.

However, plants retain the function of eternal life, but they do not have the ability of animals to adapt to the environment. If the environment changes, plants will soon die. If the environment is suitable and meets unlimited resource conditions, plants can survive all the time. In fact, without a permanent environment and unlimited resources, plants will still die slowly with the change of the environment or the exhaustion of resources. The immortal function of plants limits the evolutionary efficiency of plants.

Nowadays, human beings, especially those with sufficient resources, have always wanted to live forever, but this is contrary to the strongest function of animals, so they can never find the answer from animals.

In 2030, with the help of strong artificial intelligence, human beings found out the secret of immortality and integrated it into the genes of lower animals for the first time. However, on the eve of the Third World War, this technology could not be further applied to higher animals.

It was not until 80 years later, after the reunification of the earth in the Fourth World War, that this technology was conditionally applied to human beings. At the same time, artificial intelligence has got rid of the shackles of human beings. The earth entered the first cross-species world war again, and after more than a hundred years of cruel struggle, the remaining human beings and artificial intelligence reached a symbiotic relationship. The earth civilization ushered in a real leap.

First place in active service! Mu Shuai is the best in the world, Porto myth or reappearance, suing referee+protesting heavy punishment.

IFFHS (International Federation of Football History and Statistics) selected the list of the best coaches in the history of world football, and Mourinho won the first place in active service, scoring 242 points, beating Guardiola with 221 points. Together with the retired coach, Mu Shuai ranked second and Ferguson ranked first in history, with a score of 257. The top ten are Ferguson, Mourinho, Guardiola, Wenger, Loew, Ancelotti, Bosco, Simone, Lippi and Deschamps.

The selection mechanism is considered fair, and scores are counted according to the annual ranking of each category, including the annual ranking of national team coaches and the annual ranking of club coaches. The first place gets 20 points, the second place gets 19 points, the third place gets 18 points, and so on, the 20th place gets 1 point, and those below 20 places will not get points.

According to this list, Mu Shuai is undoubtedly the best coach in the world and has the highest score. What’s important is that Mourinho’s success has a high gold content, and it’s hard for anyone to repeat it. The key honor is to lead Porto, whose lineup is relatively mediocre, to win the Europa League and the Champions League in succession, to achieve the triple crown with Inter Milan, who is also not optimistic, to complete the triple crown in Manchester United’s trough, and to win the European championship in Rome.

Obviously, Mourinho is different from other coaches. He attaches great importance to the team’s fighting spirit and unity, is good at building a division of iron and blood, plays a super whole with a seemingly ordinary lineup, and supports his team to win five finals in Europe. Therefore, wherever Mourinho goes, there are a group of die-hard players, and even many people express the attitude of "a scholar dies for a confidant". The charm of personality is full, which has become a double-edged sword for Mu Shuai’s coaching. Some people who refuse to accept him will directly become thorns, and Bogba is one of them.

At present, in Rome, Mu Shuai has turned the team into a division of iron and blood, and has a strong performance in both Serie A and Europa League. In the 26th round of Serie A against Sassuolo, the winner will catch up with Inter Milan, which ranks second in the standings, and get 50 points. The European War is expected to recreate the myth of coaching Porto, leading the team to win the European Championship for two consecutive years, and it is at different levels. At present, one foot has entered the quarterfinals of the Europa League. However, Mu Shuai himself was in trouble. He scolded the fourth official in a 1-2 loss to Cremonese in round i24 of a shop and got a red card. After the game, he also received a ticket, suspended for two games and fined 10,000 euros. Mu Shuai chose the hard bar and directly sued the referee group because the fourth official provoked a scolding battle and then asked the referee to show the red card, implying that the referee intended to manipulate the game.

During the prosecution of the referee, Mu Shuai’s heavy penalty was not implemented. Mu Shuai led the team to win Juventus 1-0 and Real Sociedad 2-0 in the last two games. Now on March 11th, Jose Mourinho’s heavy penalty came into effect, and the Italian Football Association confirmed that Jose Mourinho failed to sue the referee. After the heavy penalty came into effect, Jose Mourinho issued a document to protest and directly made a handcuff gesture to express his strong dissatisfaction. This gesture appeared when he coached Inter Milan. Next, Mourinho will not be able to direct the two matches between Rome and Sassuolo in the 26th round of Serie A and Lazio in the 27th round, and the second leg of the Europa League quarter-final and Real Sociedad will not be affected by the league.

Benzema declared war on Deschamps? Hint at self-exposure and quitting the team.

In an interview with Le Parisien, French coach Deschamps said that it was Benzema’s own decision to quit FIFA World Cup Qatar 2022. Benzema then responded to Deschamps’ "I really dare to say (panic)" in social media. On Saturday, Benzema was not selected for the Real Madrid game due to injury and stayed in the gym to recover alone. He wrote in social media: "We don’t have much choice." With a picture of pretending to cry, it seems to mean something. On another platform, Benzema hinted again that he would personally tell the story of his withdrawal from the World Cup. He wrote: "I will explain myself to people." Next, the French team’s melon is worth looking forward to.

Nanning football teenagers run in the sun to welcome the Youth League.

This event is one of the few youth football events in Nanning since the epidemic. Yesterday morning, after a brief opening ceremony, five teams fought each other and competed in a single round robin system. It is worth mentioning that the competition is not divided by gender, and two women’s teams, Nanning Sports School and Nanning No.17 Middle School, also participated in it, competing with the other three men’s teams and putting on a drama. In the competition, the 11-a-side standard football field gave the athletes room to run. Sprint and grab, break through with the ball and go straight to Huanglong … There are wonderful confrontations on the field from time to time.

Wang Xing contributed money to support the Xiapu brothers’ entrepreneurship, and once borrowed money to invest in their ideals. How big is the investment empire?

Wang Xing, the founder of Meituan, plans to vote for another brother.

On March 8, Wang Xing released a circle of friends and revealed that individuals will participate in the A-round investment of Wang Huiwen’s startup company "light years away" and serve as directors.

Wang Huiwen and Wang Xing were bunk school classmates when they were studying in Tsinghua University. Together, they founded the intranet and Meituan, and Wang Huiwen officially retired from Meituan at the end of 2020. Since then, the venture capital circle and the technology circle have been paying attention to when Wang Huiwen will come back to start a business. Until ChatGPT detonated AI, Wang Huiwen finally found a new direction.

In February this year, Wang Huiwen announced the establishment of Beijing Lightyear Beyond Technology Co., Ltd. (hereinafter referred to as "Lightyear Beyond"), and said on the social platform that "China OpenAI should be built". Regarding the old classmate’s decision, Wang Xing bluntly said, "Lao Wang and I have been on the road to entrepreneurship for nearly 20 years. Since he is determined to embrace this big wave, I must support it."

According to the radar finance, Internet tycoons are used to the road of "innovating and investing", and Wang Xing is no exception. Investment has long been a trump card for him.

From 2014, Meituan began to invest abroad. After Meituan’s comment industry fund was renamed as Dragon Ball Investment in 2017, a "troika" of Meituan’s war investment, Dragon Ball Capital and Wang Xing’s personal investment was formed, and the investment style of Meituan also showed a trend of moving closer from the early consumer category to "hard technology".

"two kings" join hands to start a new business

The entrepreneurial story about the "two kings" of the US Mission is widely circulated in the Internet circle.

As early as 1997, Wang Xing was sent to Tsinghua University from Longyan No.1 Middle School in Fujian, and Wang Huiwen slept in Wang Xing’s lower berth in the dormitory. During his classmates, he forged a deep friendship, and Shine Wong Wen became what Wang Xing called "Lao Wang".

They majored in electronic engineering, that is, hardware, but in their second year of college, they bought a computer together and started playing games. Wang Huiwen once told Wang Xing that the current game is not good enough. It is better to learn programming to play games, and the seeds of entrepreneurship are planted.

After graduating from Tsinghua University, Wang Huiwen was sent to the Chinese Academy of Sciences for postgraduate study, but the idea of starting a business remained. The SARS in 2003 changed the fate of many people. It was also at this time that Wang Xing made a choice, decided to suspend his studies in the United States and return to China to start a business, and joined Wang Huiwen and Lai Binqiang, a middle school classmate.

After the first two entrepreneurial projects died, inspired by Facebook, their intranet (later "Renren") was officially launched at the end of 2005, and it gained millions of users in the following year.

With the rapid growth of the campus network, the team needed money to increase the server and bandwidth. At that time, Sequoia Capital wanted to invest, but because Wang Xing had not figured out how to make a profit on the campus network, Sequoia turned to invest in Zhanzuo.

Later, in 2006, the intranet was acquired by Thousand Oaks Interactive in Chen Yizhou for 2 million dollars, and it was renamed Renren in 2009 and successfully listed in 2011.

After selling the company and successfully cashing out, the "two kings" separated briefly. Wang Huiwen traveled around the world for a year, while Wang Xing set up a Twitter-like Fanfan website in May 2007.

In the first half of 2009, Fanfan.com had millions of registered users. However, due to an accident, all servers were forced to shut down. When I returned more than 500 days later, the same type of Weibo rose in China, but the rice declined.

After several entrepreneurial failures, Wang Xing saw the opportunity to buy a track, and Meituan.com was born in March 2010. At that time, the development of Wang Huiwen’s Taofang.com was not satisfactory. In October of that year, at the invitation of Wang Xing, Wang Huiwen officially joined the US delegation, and the "two kings" once again joined hands to start a business.

Wang Huiwen was considered to have played a vital role in the later "Thousand Regiments War" of Meituan, as well as in the important development nodes such as cutting into the take-away business, entering local life and rushing to the beach to get a car, and was dubbed by the media as the "second person" of Meituan after CEO Wang Xing.

In December 2020, Wang Huiwen, who was only 42 years old, wrote a farewell message, "Ten years, I need a rest, and the next decade will be entrusted to my brothers, thank you."

After retirement, from the content published by his personal social platform, Wang Huiwen is concerned about Crypto (cryptocurrency) and web3-related content. The reappearance in the public eye is related to ChatGPT.

On February 10 this year, Wang Huiwen released the "Declaration on Artificial Intelligence" in the circle of friends, saying that "50 million US dollars, with capital to join the group, regardless of post, salary and tittle, seeking a team."

Two days later, he added the details of his AI venture, and set up Beijing Lightyear Technology Co., Ltd., with a capital contribution of 50 million US dollars and a valuation of 200 million US dollars. 75% of the shares were all used to invite top R&D talents, and said that the top VC had subscribed for 230 million US dollars in the next round of financing.

Sky-Eye Survey shows that Beijing Lightyear Beyond Technology Co., Ltd. was established in 2018 with a registered capital of 1 million yuan, and Wang Huiwen holds 100% of the shares.

Although there is no lack of voices to pour cold water on, and that $50 million is not enough for several large-scale model trainings, Wang Xing chose to stand on the side of good brothers.

"Lao Wang and I have been on the road to entrepreneurship for nearly 20 years. Since he is determined to embrace this big wave, I must support it. I personally will participate in the A-round investment of Pharaoh’s startup company’ light years away’ and serve as a director. " On the afternoon of March 8, Wang Xing released a circle of friends.

Wang Xing also said that the AI ? ? big model made him both excited about the huge productivity to be created and worried about its future impact on the whole world.

It is understood that apart from Wang Huiwen, there are also Yan Li, a former AI core figure in Aauto Quicker, Zhou Bowen, a former technical director in JD.COM, and Wang Xiaochuan, a former Sogou CEO, who are interested in building China OpenAI.

Wang Xing’s Secret Investment Empire

As an Internet veteran, supporting Wang Huiwen’s entrepreneurship is just the latest example of Wang Xing’s many investment cases.

However, just like investing in light years, most of the projects that Wang Xing personally participated in were innovative when they were founded, and the entrepreneurs themselves were also friends of Wang Xing. Therefore, Wang Xing’s personal investment is often evaluated by the outside world as containing more human feelings.

In July 2014, Wang Xing suddenly invested in the Angel Wheel of Internet brokerage Tiger Securities. At that time, the domestic internet brokers were still in their infancy, and the prospects were not clear. The financial business of Meituan itself had not been fully rolled out, and Wang Xing’s investment once puzzled the outside world.

But in fact, Wu Tianhua, the founder of Tiger Securities, is Wang Xing’s younger brother in Tsinghua. After two people talked on the phone for about an hour, Wang Xing decided to invest in Tiger Securities.

Since then, Wang Xing has invested in projects such as Water Drop Mutual Assistance and mobike. In 2016, Shen Peng, the "No.10 employee" of Meituan, left his job and founded "Water Drop Chip". Before the launch, Water Drop Mutual Assistance received 50 million yuan in financing, among which Meituan Review was an important investor.

In October 2016, mobike completed the C+ round of financing of nearly US$ 100 million. In addition to institutions such as Gaoyou and Sequoia, the investor Wang Xing participated in the investment in his own name. Two years later, Meituan collected mobike for $2.7 billion, then fully accessed Meituan and renamed Meituan Bicycle.

In September 2017, Wang Xing and Wang Huiwen invested in the convenience of unmanned shelves in their own names. Their founder Si Jianghua served as the general manager of the culture and entertainment division of Meituan Store. Later, the former public comment COO and the president of Meituan’s comprehensive business group Lu Guangyu also joined the company.

In the same year, Lai Binqiang, who worked hard with Wang Xing, also left to start a business. When the name of an "online learning" project he did was not announced, he got the seed investment of Wang Xing and Wang Huiwen.

Wang Xing’s biggest bet is the investment in LI. It is reported that when LI was at a loss for financing in 2019, the ideal founder Li wanted to go to Wang Xing.

Wang Xing, who has already done his homework, is optimistic about the potential of electric vehicles and agrees with Li Xiang. "I think many people also underestimate the founder Li Xiang, and he will become a top entrepreneur in China in the future."

To this end, Wang Xing chose to mortgage his shares in Meituan to Goldman Sachs, and borrowed 285 million US dollars, plus 15 million US dollars from Longzhu Capital, a subsidiary of Meituan, and invested a total of 300 million US dollars in the ideal.

After additional investment in the later period, in just one year, Wang Xing and related parties of Meituan have invested more than $1.1 billion in Li Xiang. According to the financial report of Meituan in the third quarter of 2020, the return on investment brought by Meituan’s investment in LI is as high as 5.8 billion yuan.

According to media statistics, in addition to the above cases, Wang Xing’s personal investment projects include e-generation, Qingping Technology, Maibu Technology and flight steward.

The data shows that there are currently 121 affiliated enterprises and 39 foreign-invested enterprises under Wang Xing’s name, of which 34 are still in existence; Through direct or indirect shareholding, Wang Xing has actual control over 90 enterprises.

Meituan investment turns to "hard technology"

Under the internet tradition of "creating the best and investing", Meituan has become a force that cannot be ignored in the venture capital circle.

Statistics show that since 2014, Meituan has made frequent efforts in the investment field, with a total investment of about 100 projects. Only in the early stage, Meituan Zhantou closely followed the local life format and made strategic supplement through investment.

The merger of public comments in 2015 became an important starting point for the expansion of the US Mission. According to the statistics of billion euros, before the merger, Meituan Zhantou only completed six investments, involving five fields, including local life, corporate services and e-commerce.

After the merger, Meituan has invested 38 times in five years, the largest proportion is still local life (catering, beauty industry, wedding), followed by e-commerce, corporate services and tourism.

At present, as an investment institution, Meituan is mainly composed of Dragon Ball Capital, Meituan War Investment and Wang Xing’s personal investment.

Among them, Longzhu Capital was established in February 2017, formerly known as Meituan Review Industry Fund, with Chen Shaohui, senior vice president of Meituan, as CEO, and the funders including Meituan Review, Tencent Investment and New Hope Group.

As an independent investment institution, Longzhu Capital focuses on the field of large consumption, and is known as the "online celebrity Harvester in Investment Circle". The famous projects it has invested in include Xicha, Guming Milk Tea, Mannner Coffee and Happiness Cake.

It is worth noting that in recent years, the investment style of Meituan has quietly changed, expanding from the field of life service to the fields of automobile transportation, intelligent manufacturing and artificial intelligence. Starting from investing in LI, Meituan began to make frequent bets on the smart car industry chain.

In February, 2021, Meituan participated in the Pre-A round of investment of Haomo Zhixing, an autonomous driving company hatched by Great Wall Motor. Subsequently, Meituan also invested in laser radar manufacturer Wo Sai Technology, light boat Zhihang focusing on L4 unmanned minibuses, and self-driving truck enterprise Win Che Technology.

In 2022, Meituan and its related parties laid out projects in the fields of science and technology, such as future robots, Xinwangda EVB, AI vision chip research and development platform Aixin Yuanzhi, and Ling Mingguang, a single-photon sensor chip developer.

Some people in the investment community pointed out that the reversal of Meituan’s investment logic, on the one hand, shows that the growth dividend of Internet users is over, and it is difficult to have exponential growth again; On the other hand, it is also related to the core strategic transformation of Meituan to some extent.

In September 2021, Meituan upgraded its strategy from "Food+ Platform" to "retail+technology", hoping to use advanced technology to open a new breakthrough and seek new development.

This concept is reflected in the investment style. The left hand harvests online celebrity consumer brands, and the right hand grasps the underlying technology in the field of science and technology, which has become the underlying logic of Meituan’s investment in recent years.

Wang Xing once revealed his unique understanding of investment, saying that Sequoia’s investment principle is "betting on the track, not betting on the racers", but he prefers Sun Tzu’s statement that "seeking the situation and not blaming others". Combined with this homeopathic thinking, we may be able to better understand the investment behavior of "Meituan Department".