Reborn I want to surf

Chapter 977 Uber

Chapter 977 Uber
At the beginning of the year, Yuetuan and Meituan merged, and Lei Jun kicked Wang Xing out.

Cheng Wei was extremely envious and wanted to have a go. After getting Yao Yuan's consent, he started to operate it, and he really merged with Kuaidi.It was also a joint CEO model at the beginning. A month later, Kuaishou founder Lu Chuanwei took the initiative to step down.

Lu Chuanwei is a very low-key person. He first worked in the UK. After trying the British taxi app, he wanted to return to China to start a business.

After merging with Didi, he cashed out and left without a trace. Until later generations, no one knew what he was doing.

And Cheng Wei sat on the throne, thinking he was going to flex his muscles, but it turned out that he still had a strong enemy - the American taxi-hailing software Uber, which is called "Uber" in Chinese.

The founder is Kalanick. He dropped out of college in the late 90s and started several businesses, with only minor successes.

It wasn't until 2009 that he came up with the idea of ​​developing a mobile taxi-hailing software when he was unable to get a taxi while visiting Paris, and thus Uber was born.

Different from the previous difficult situation of starting a business, taxi-hailing APP is an Internet track with huge potential, which is the favorite of capital.

Relying on the expansion model familiar to the United States, it has grown rapidly and has reached the 300th city coverage in the world. It is natural to focus on the Chinese market.

But China is too special. The American Internet giants that are domineering around the world are basically unable to play.Apart from being an Apple, Apple still makes mobile phones.

Uber specially hired a person to be the president of China, named Liu Zhen, Liu Chuanzhi’s niece.

She later went to ByteDance, and then went to Yuanqi Forest.

If we follow the historical trajectory, the current CEO of Didi should be Liu Qing, the daughter of Liu Chuanzhi... Oh, look at this family, they are full of loyal people.

After Liu Zhen took office, she worked steadily, moving first to Shanghai and then to Beijing, accounting for about 2% of the share, and watching the fight between Didi and Kuaidi.

As a result, they merged!
Uber can't sit still anymore. If it continues steadily, it will be beaten to death!

"So Liu Zhen is looking for you?"

After hearing the cause and effect, Yao Yuan asked.

"It's not just her. Kalanick came over in person and we had a meal. He asked me to choose one of two options: either let U-Step take a stake and hold 40% of the shares, or start a head-on war and beat me to death.

I sneered and said that you only had a 1% share after being here for more than a year. Why would you beat me to death?Take George W. Bush’s brain?

People say that they didn’t take it seriously in the past, but from now on China will be used as the main battlefield, all resources will be mobilized, and I must be killed!

You taught me that if you lose, you can't lose the battle. I said we two brothers should just start fighting. You can't do it anyway! "

Cheng Wei burst into tears and said, "I got scared after I said that. Their valuation is 180 billion US dollars. With so much capital supporting me, I only get a fraction of it. How can I beat this?"
So I came to you, please save me! "

"..."

Yao Yuan rolled his eyes, didn't he just ask for money?
Liu Weiwei was even more happy and said: "Little fat man, Commander Yao didn't teach you how to sing this opera. If you want money, just ask!"

"What kind of opera? I cried so hard every word that I swallowed it hard. I can't lose to the Americans!"

"Okay, okay, you can have a rest."

Yao Yuan asked him to sit down and poured him a cup of tea. Cheng Wei stopped being miserable and behaved like a chicken.

Historically, after Didi swallowed up Kuaidi, there was a big war with Uber. It is said that the two companies burned US$200 billion, which is pure nonsense.

200 billion US dollars are given to you to burn, and you act as an investor to open a charity?
After Uber entered China, it only spent a total of 25 billion US dollars. Spending so much money in one country's market is already overwhelming!

In order to fight against it, Didi had to continue to raise funds. During this period, Cheng Wei continued to give up his shares. Before Didi went public, he only had 7% of the equity and 15.4% of the voting rights left.

Comparing Liu Qiangdong, Jack Ma, and Ma Huateng, this 15.4% voting power is pitifully small.

The two sides fought for about a year, but neither could afford to burn out, so Didi merged with Uber China's business, with Uber holding 12.8% of the shares.The largest shareholder is SoftBank, which holds 21.5% of the shares.

On June 2021, 6, Didi was listed on the New York Stock Exchange.

Just half a month after its listing, seven national departments jointly entered Didi to conduct a security review on the illegal provision of data to the United States. Then everyone knew... "Shareholders are too complicated!"

Yao Yuan shook his head secretly. It was okay at the moment. He and Cheng Wei held a total of 45% of the shares.

If we continue to raise funds, the shareholders will become more mixed, and Apple, Foxconn, Toyota, Morgan Stanley, JPMorgan Chase, and Goldman Sachs will all come in.

He has been setting up his character for more than ten years, but he doesn't want to lose it later in life and be known as a traitor.

"How much money do you have left on your account?"

"10 billion RMB!"

"Let's stud!"

"it is good!"

Cheng Wei nodded without hesitation.

"Uber has a big business and needs 10 billion US dollars to start, which is not the same unit of measurement as you. After you start, I will invest another amount of money for you. You can invest first, and I will help you find the money."

"Boss, please excuse me."

Cheng Wei expressed doubts and asked: "With your net worth, even if the unit is US dollars, you are not afraid, right?"

"I'm not afraid, but this matter is not simple, and I won't be able to explain it for a while. Okay, you go ahead."

"it is good!"

Cheng Wei walked away as soon as he turned around, turning from a little fat guy into a quasi-big boss who controlled everything.Yao Yuan watched him go out, took a sip of tea, and snorted coldly.

Damn Uber, whoever wants to merge with you, get out!
…………

The war between Didi Kuaishou and Uber has officially begun.

Cheng Wei was the first to announce that he would invest 10 billion yuan in the express bus business to subsidize drivers and passengers.

Liu Zhen immediately followed suit and announced that Uber had just raised US$12 billion. The headquarters was heavily invested in the Chinese market and used US$10 billion of it to provide subsidies.

Passengers are having the best of years.

Not to mention taking a taxi for free, sometimes you can even make money by taking a taxi!For example, your journey costs 9 yuan, but if you receive a 10 yuan coupon, the driver still has to give you 1 yuan.

In fact, many people have created a virtual account, fake taxis, fake orders, and can earn over [-] yuan per month.

Cheng Wei spent money like water, 10 billion, he thought he could last for a while, but at the peak, he burned 4000 million in one day!
In a panic, Yao Yuan invested another 10 billion yuan, but it was not guaranteed. Cheng Wei only hoped that he would find some change.

I won’t go into details about these, let’s just talk about Yao Yuan.

In the evening, Xiaojingchang Hutong.

The huge courtyard seemed empty and quiet.Only in the small hall after entering the courtyard, there is a red lantern at the door, which means there are guests inside.

Today, Yao Yuan borrowed Jiajia's place to entertain an honored guest.

They rarely meet, always privately.The last time he was in a car at the entrance of Chaoyang Park, he had just completed the Hong Kong Circle, and this person praised him and said he did a good job.

Today is the first time we sit face to face for dinner. There are some things that need to be explained in detail...

(no more...

One more chapter has been moved to tomorrow, my back hurts. )
(End of this chapter)

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