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Out of control under the frantic rush of capital: the Internet celebrity cake shop "Panda Don't Go" suddenly stopped working, and the boss lost contact!

author:Rock sugar king Sydney

Recently, the official Weibo of the Internet baking brand "Panda Don't Go Cake" suddenly released news that the founder of "Panda Don't Go" cake lost contact, nearly 1,000 employees had not been paid wages for three or four months, the social security provident fund was cut off, and the DingTalk company group was suddenly disbanded.

Out of control under the frantic rush of capital: the Internet celebrity cake shop "Panda Don't Go" suddenly stopped working, and the boss lost contact!

On March 15, the founder and boss of Panda Don't Go Cake were accused of losing contact, and employees could not get in touch with him. Subsequently, all 110 production sites in 24 cities across the country were suspended, and all announced the suspension of orders and business. Thousands of employees are facing the dilemma of unpaid wages, the social security provident fund is cut off, and it is also difficult for suppliers to collect payments. In the face of this sudden change, employees have spoken out through the Internet. They shared their experiences on social media, called on the relevant authorities to intervene in the investigation, and hoped that the boss would come forward to solve the problem as soon as possible.

Out of control under the frantic rush of capital: the Internet celebrity cake shop "Panda Don't Go" suddenly stopped working, and the boss lost contact!

Regarding the demands of employees and the public's attention, Yang Zhenhua, the founder of Panda No Cake, responded on the evening of March 18 that he did not lose contact and did not run away with the money. He said that because of his own decision-making mistakes, the company's capital chain was broken, the company was closed and personal bankruptcy was lost. Individuals are unable to repay their debts, and it is recommended that shareholders and cooperative suppliers take legal means to protect their rights and interests as soon as possible.

Out of control under the frantic rush of capital: the Internet celebrity cake shop "Panda Don't Go" suddenly stopped working, and the boss lost contact!

Panda is not leaving, this baking brand that has emerged in Huizhou since 2017 has already won widespread praise on the Internet. Its unique door-to-door delivery service, coupled with the lively and cute red panda people dancing at home, adds a different kind of joyful atmosphere to the birthday celebration. The brand's cakes are expertly crafted with high-quality ingredients such as granulated sugar, rich cheese, creamy cream and silky chocolate, and are crafted by five-star celebrity chefs to ensure that each cake is as delicious as it looks.

Out of control under the frantic rush of capital: the Internet celebrity cake shop "Panda Don't Go" suddenly stopped working, and the boss lost contact!

On the Internet, the panda does not go thunderstorm, which has attracted widespread attention, and many netizens were surprised, and replied that selling cakes relied on dancing swords to go sideways, and in the end it was a wrong way, not a serious way to do business. Looking back on the development process of Panda over the years, it has been pushed by capital, running wild in desire, and treating small businesses as big deals, and collapse is inevitable.

Out of control under the frantic rush of capital: the Internet celebrity cake shop "Panda Don't Go" suddenly stopped working, and the boss lost contact!

The dilemma of pandas not taking the cake has aroused people's attention to the sustainable development of online celebrity brands. In the highly competitive bakery market, brands need to constantly innovate and improve quality, while also focusing on financial management and risk control to ensure steady development. It is hoped that Panda Bugo Cake can get out of the predicament as soon as possible and continue to bring delicious cakes and joyful experiences to consumers.

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