Rebirth 2010: I add some points to be a boss

Chapter 350 ends the era of money burning, with a valuation of US$560 billion!

"Mr. Chen, don't worry, I will definitely support you at tomorrow's board meeting. Shanhai is really not authentic this time."

Mr. Zhao from the Investment Department of CEFC Fund assured with a smile.

"Thank you. When this problem is solved, we can make an appointment again so that I can thank Mr. Zhao properly."

Chen Wei exhaled heavily and finally got a vote.

"You're welcome. If Mr. Chen has something to do, just go and get busy. I'm waiting for your good news."

Mr. Zhao smiled slightly, personally sent him to the gate, and watched Chen Wei leave.

"Boss, do we really want to help Chen Wei?"

The subordinate on the side asked in a low voice, somewhat in disbelief.

Compared with Chen Wei and the powerful Shanhai Group, you can tell at a glance which one is more important!
CEFC Fund went to offend Shanhai Group for Chen Wei, which obviously outweighed the gains and losses. It was neither in the interests of the company nor in the interests of Mr. Zhao.

"Haha, you go to the board meeting for me. It's hard to bear to reject this guy in person."

Mr. Zhao still looked cheerful, but there was a hint of sarcasm in his eyes.

Chen Wei has both ability and luck, but it is far from enough. He clings to control of Didi, resulting in no prospect of profitability.

With the venture capital money, he didn't feel bad at all. He had long wanted to kick Chen Wei away, but he never had the chance.

Now that Shanhai Capital is taking the lead and seizing this rare opportunity, how could he jump out and cause trouble?

"Boss, I understand."

The subordinate grinned and said meaningfully.

Chen Wei walked out of the headquarters building of CEFC Fund, then took a car and rushed to the next one without stopping.

A tall "ship-shaped" building stands in the Second Ring Software Park.

It is the branch of Penguin Capital in Yancheng!
In an office on the seventh floor, a middle-aged man in a suit and leather shoes pushed up his glasses and looked through the window, just in time to see Chen Wei get out of the car.

He hesitated for a moment, then picked up the landline phone on the table and called the front desk, saying, "I won't see anyone from Didi Travel today, including their chairman."

"Okay, Mr. Liu, I've written it down."

The front desk staff nodded in agreement.

As soon as the words were spoken, Chen Wei came over with his assistant and said in a loud voice: "I am Chen Wei, Didi's boss. I want to see Mr. Liu. Is he here?"

"Sorry, sir, Mr. Liu happened to be back in Pengcheng for a meeting. How about you come back in a few days?"

The little girl at the front desk was quite experienced in dealing with this kind of thing, and her expression was as usual, without any trace of panic.

Although Chen Wei had doubts in his heart, he looked at the other party carefully and put aside his doubts.

He took out his mobile phone on the spot and called Mr. Liu of Penguin Capital, but his ears were full of busy sounds.

Ten minutes later, his heart sank. He called seven or eight times in a row, but the other party didn't answer the phone at all. His attitude was very obvious.

"Mr. Chen, there is another one, should we go?"

The assistant stepped forward and asked cautiously.

"Forget it, go back."

Chen Wei waved his hands dejectedly, having already decided to give up. Ali, Jingdong and Shanhai Group had just established an e-commerce alliance.

The relationship was not something he could shake. Since Zhou Xiaoyu dared to attack him face to face, he was probably fully prepared.

No matter how hard he struggled, it was in vain.

The assistant nodded, glanced darkly, and raised a smile at the corner of his mouth.

Chen Wei simply took the car home and looked at the street scene receding outside the window, dazed for a moment.

After a while, the car stopped and he staggered towards home.

"Get off work so early?"

The wife heard the knock on the door and immediately opened the door. Seeing him looking lost and lost, she was stunned for a moment and then asked.

"Maybe I will have to rest for the next few days."

Chen Wei smiled bitterly and sat down on the sofa. His head was buzzing with pain. When he thought of Zhou Xiaoyu's face, he felt particularly uncomfortable.

"What happened?"

The wife looked concerned and asked hurriedly.

"Shan Hai wants to kick me out. Ruan Yao and Liu Yifeng are all on the opposite side. I have no chance at all."

Chen Wei murmured to himself.

"Where are the other shareholders? Isn't there anyone who supports you?"

The wife said in surprise.

Ruan Yao and Liu Yifeng had been classmates and old friends of her husband for many years, but they chose to betray them quietly. No wonder he was so disappointed.

"There is only CEFC, but there is nothing we can do about it. Shanhai Capital has more voting rights than me. Counting Ali, I have no chance of winning.

What's more, Chen Heyu and e-commerce Ma have been financing each other in the payment field in the past two years. If they think on their toes, they won't stand by me. "

Chen Wei replied in a muffled voice, completely losing his previous high spirits.

……

The next morning.

He stood in front of the mirror, fully dressed, with bags under his eyes and a gloomy face, and sighed subconsciously.

He had to face the board of directors meeting anyway. Thinking of Mr. Zhao of CEFC Fund, he still felt a little comforted.

After all, it is really rare and valuable that there are still people who are willing to support him!
As usual, the driver was waiting in front of the villa on time to pick him up and take him to work.

As everyone knows, this is the last time Chen Wei appears in the headquarters building of Didi Travel as "Chairman".

When he arrived at the company, most of the shareholders were already present.

The large and bright conference room was filled with investors, and representatives from all parties gathered around Zhou Xiaoyu, smiling happily.

"Mr. Zhou, after Shanhai takes over Didi Travel, will there be any big moves?"

“Uber’s competitiveness in Greater China cannot be underestimated, and we need to consider how to gain more market share.”

"Who is the new CEO?"

"..."

Liu Qing sat in her seat with an expressionless face. No one greeted her, as if she was nothing.

She knew in her heart that after today, Didi would no longer have a place for her!
Like Chen Wei, she was completely out of the game.

suddenly!

"Crunch"!
Chen Wei slowly walked in with his assistant, and the room suddenly became quiet, and everyone looked at him playfully.Chen Wei looked around and found that Mr. Zhao from CEFC Fund was not present, only his subordinates.

He didn't have time to think too much, he just sat on the main seat and looked at everyone coldly.

"Everyone is here, let's get started."

Chen Wei said feebly, the outcome had already been decided, and he was too lazy to waste time, waiting to see Zhou Xiaoyu's performance.

"Mr. Chen, your management style has seriously hindered Didi's development and growth. In order to protect the interests of all investors, a board meeting was held. I hope you can understand."

Zhou Xiaoyu said in a deep voice.

After a pause, seeing that Chen Wei had no objection, he continued to add: "Therefore, I recommend Ms. Ruan Yao as the new CEO and executive director of Didi Travel. What do you think?"

“Penguin Capital agrees!”

"Ari Venture Capital has no objections!"

“Supported by CEFC Fund!”

"..."

Chen Wei originally thought he could face all this calmly, but when Huaxin's representative announced that he would side with Shanhai, he suddenly became angry and stared at the opponent with hatred.

"Zhao Zhihe, who is like a dog, is a two-faced thing!"

He cursed loudly in his mind.

"Obviously, most investors are in favor of this proposal. Welcome Mr. Ruan!"

Zhou Xiaoyu smiled slightly and took the lead in applauding. As for Chen Wei and Liu Qing, they were completely ignored by everyone.

"Thank you all bosses for your support. The first thing I did after taking office was to lead Didi Travel to profitability. It is expected to turn losses into profits in 2017."

"From now on, Didi will be fully connected to the Moss Ai artificial intelligence system, crushing Uber from a technical level, and using its high-quality and advanced service system to win the online ride-hailing market in Greater China."

Ruan Yao stood up, nodded to the investors, and said with a smile.

"Mr. Ruan, congratulations, you finally got your wish."

Chen Wei couldn't help but sneer.

"Mr. Chen, maybe you are wrong? In my hands, Didi will become stronger and stronger, but you will only burn money."

Ruan Yao smiled slightly.

"Hmph! Let's wait and see. I want to see if Didi can make a profit in one year as you said."

After Chen Wei finished speaking, he slammed the door and left.

If he stays in a place like this for one more minute, he will have to endure one minute of humiliation. Instead of waiting to be ignored by the mountains and seas, he might as well be more sensible and become a free shareholder.

When Ruan Yao saw this, her mentality was not affected and she calmly turned on the screencast.

She took the opportunity to explain her business philosophy and next development plan:
“AI technology is widely used in the field of takeout group purchasing, and the success of Kangaroo Flash Delivery has just verified this. Here, I would first like to thank Future Technology for its technical support.

I will spend three weeks integrating Moss AI into Didi’s system framework to optimize the six major modules:

First, route planning and navigation: By analyzing traffic data, historical trip data and real-time traffic information, we provide the best route planning and navigation services to help drivers choose the most effective and fastest driving path;

The purpose is to take more orders, less detours, and more money!

Second, dynamic pricing: adjust price strategies in real time based on supply and demand, traffic conditions, weather and other factors to provide a reasonable dynamic pricing model and optimize vehicle utilization and passenger experience;

Develop a dual-traffic strategy during peak and off-peak hours to protect the core interests of drivers and passengers!

Third, intelligent matching: By analyzing factors such as passengers’ travel needs, location information, destinations, and driver availability, matching appropriate drivers and passengers can reduce passengers’ waiting time and increase drivers’ order acceptance rate;

Fourth, risk assessment and safety monitoring: By analyzing the historical data, behavior patterns and evaluation feedback of drivers and passengers, risk assessment and safety monitoring are carried out, and abnormal behaviors and safety hazards are discovered in a timely manner;

At the same time, a two-way scoring policy will also be launched to punish drivers with low quality and poor service awareness, such as lowering the charging standard per kilometer, and directly banning the driver's account in cases of egregious circumstances;

For low-quality passengers who maliciously evade fares and insult drivers, the charges will be increased or even their accounts will be banned!
Fifth, intelligent customer service and voice recognition: through voice recognition technology and natural language processing, an intelligent customer service system is realized to provide passengers with automated booking, inquiry and complaint handling services;
For example, when the driver and passenger encounter an unexpected situation, the system will alert the police with one click and send the vehicle location to the inspection department to further improve safety;
Sixth, data analysis and prediction: Through big data analysis and machine learning algorithms, we mine and analyze massive data from online ride-hailing platforms to provide companies with market trend predictions, user behavior analysis and operational optimization suggestions..."

Zhou Xiaoyu nodded in satisfaction. What Ruan Yao said was basically the idea of ​​her boss.

Shanhai Capital kicked Chen Wei out and supported her in the promotion, mainly because of her "obedience and willingness to work".

As for the authorization of Moss Ai system, it is also a huge benefit for future technology.

Using Didi's money to buy future technology products is equivalent to paying for all shareholders, and there is nothing wrong with it.

Who made the current CEO the spokesperson of Shanhai Group?

Ali, Penguin, and CEFC actually don't care. They are investors and value return on investment more. It is a helpless move to oust Chen Wei.

In just a few years, tens of billions have been burned, with no trace of making money back.

After Uber entered the Chinese market, Chen Wei's idea was to continue burning money to seize the market. Without Shanhai Capital, they would have no choice but to bite the bullet and endure.

Now that Chen Heyu had intervened, they naturally readily agreed to form an offensive and defensive alliance to kick Chen Wei away.

This little thing is just selling my land and I don’t feel bad about it. I don’t think the money is money!
"Didi Travel" changed owners within one day, and relevant information instantly appeared on the hot search!

"After four years of burning 300 billion yuan, the founder Chen Wei was eliminated. Investors can no longer tolerate it!"

“Shanhai Capital has taken over Didi Travel and will comprehensively upgrade the APP!”

"The G round of financing will start on December 12st! The financing scale will be as high as 31 billion U.S. dollars, and the valuation may be as high as 45 billion U.S. dollars!"

Chen Heyu browsed the trending news and smiled softly. Thinking of the call from Lao Ma, a smile appeared at the corner of his mouth.

How did these people know that if he had not intervened, Chen Wei would have continued to burn more than 800 billion of investors' funds in the next five years.

Only then will it really hurt the human body and understand the principle of "riding a tiger but it's hard to get off".

In the last life, Didi's market value was only 800 billion US dollars at its highest. After several turmoils, it finally fell by 200%, leaving only just over [-] billion US dollars.

Now that the control of the company is in his hands, he naturally needs to plan carefully to increase the market value to hundreds of billions of dollars, so as not to waste the effort spent on this operation.

The moat of online ride-hailing is not high, but with Mosai intelligence, he can virtually increase his chances of winning by [-]%.

At the same time, drivers can use the least amount of fuel to take the most orders and earn the most money. This is an advantage that other online ride-hailing platforms cannot match.

Just like the competition between Kangaroo Express and Qiandu Takeout, Kangaroo’s route planning, order dispatching mechanism, and navigation functions are always better than Qiandu.

The user experience has been greatly improved. Even if Qiandu works hard to market and distribute subsidies, it still won't help.

Market share keeps falling!

During the recent period, Li Hong found a middleman to convey his idea of ​​​​selling Qiandu Waimai, Dazhong.com and Nuomi.com to Shanhai Group in a package.

After Chen Heyu thought twice, he flatly refused.

First, after taking over the whole business, there is suspicion of monopoly, and the technical barriers in the food delivery group buying industry are not high, and there may be a challenger one day;
Second, Li Hong's premium is too high, he has no bad habit of spending money on junk, not to mention that after buying it, he has to find a way to sort it out, which takes a lot of time and effort, it's better to let it become a burden for Qiandu;
Third, leaving an opponent behind can also promote the development of Kangaroo Flash.

"Didi's model still has some merits! We must end the competition in Greater China as soon as possible and go to North America and Europe to seize more fertile markets!"

Chen Heyu thought secretly.

(End of this chapter)