King of Capital

Chapter 86: One hundred million in ten days, let's kill him
The Land Rover with three sevens license plate belonged to Peng Chuanming. Cui Aliu clearly remembered that Xie Jingxing had ridden in this car when he first traveled to Yunnan overnight.

Was it a warning or a gift, or maybe both? She didn't want to think about it.

Xie Jingxing didn't care about it. Dealing with Peng Chuanming was just a matter of convenience. Whenever Yunshan Group went to any part of the country, they would first pay homage to the temple as a boy distributing wealth.

After all, even Causeway Bay boss Chen Haonan, who is so awesome, knows that he cannot go to HSBC to collect protection money, and Yunshan can't be troubled by a second-generation gangster who just jumps out.

After this little episode, Xie Jingxing and Cui A Liu's relationship seemed much closer on the surface. After three days of thoroughly perfecting the next development direction, he took Concubine Pei back to the Magic City.

The rain continued for several days. The strong typhoon "Trami" turned parts of East China, which had been dry throughout the summer, into a swamp. The affected areas included the entire Jiangsu and Zhejiang provinces and Shanghai, but it was good for the online car-hailing industry...

So Xie Jingxing changed out of his unchanging formal attire, and Concubine Pei also wore Huili shoes and a simple and low-key sportswear. However, as soon as the two of them walked out of the airport, they were surrounded and questioned by many reporters.

"Mr. Xie, what do you think of the internal email that Mr. Zhao from Kuaidi Taxi sent to all employees last night?"

During last night's heavy rain, Kuaidi Dache Chief Operating Officer Zhao Dong sent an open letter to all employees of the company, saying that although the wind and rain are ruthless, people are kind. The board of directors decided to invest 50 million yuan to subsidize drivers and passengers and solve the problem of passengers' travel difficulties.

The whole text is so touching that it makes people urinate. There is a line of small details in the notes at the end - the subsidies are mainly paid through Alipay transactions.

Xie Jingxing made no comment, and he and Concubine Pei walked hand in hand, surrounded by bodyguards, quickly out of the airport.

"Mr. Xie, do you understand this as a declaration of war by Kuaidi against Didi?" a reporter who was unwilling to give up asked.

Xie Jing Xing looked back at him, smiled, shook his head, got into the car and left quickly.

This is indeed a declaration of war. The smell of gunpowder is spreading in the air and even the heavy rain cannot cover it up. The war of burning money has already begun. 50 million is not too much, not too little, and it is just a small amount.

"Honey, did I post the donation receipt on Weibo?"

On the way back to the city, Pei Fei confirmed that the two of them jointly donated one million to the charity disaster relief fund yesterday.

Xie Jing Xing instructed: "Go back and film well. If any reporter asks you about anything related to me, don't answer any questions."

"But we are boyfriend and girlfriend now?" Concubine Pei was puzzled.

Xie Jingxing didn't know how to explain it. When the online car-hailing war got more and more intense, there would definitely be old silver coin reporters trying to dig a hole for her and guide her to express her views on financial politics.

It's not that he simply thinks Concubine Pei is not smart enough, but he has a deep prejudice against the entire entertainment industry. He is very good at talking about things in the crotch, and when expressing his opinions on social issues, he will step on the trap without any hesitation.

So, Concubine Pei should just pretend to be in love and make up some stories about their couple life to show their affection, but don't try to be a smart and rational workplace heroine...

Xie Jingxing could afford to lose the online car-hailing war, but he definitely didn't want to see him lose because of stupid teammates.

…………

At noon, the sky was dark and overcast, and a cool breeze brought cold fog across the city.

In the large conference room of Didi's Shanghai office, the central air-conditioning sent cool air to calm the restless atmosphere, and the marketing operations team from all over the country whispered in suppressed and excited voices.

Various banners were hung on the surrounding walls, and the one in front of the podium was the most straightforward and eye-catching - 100 million in ten days, do it quick!

"Crash."

The door of the conference room opened again, and several figures filed in. The atmosphere suddenly became quiet and no one spoke.

"Hold the meeting!" Cheng Wei simply uttered these two words and sat in the center of the podium.

Xie Jingxing sat down next to him and nodded slightly with satisfaction. Very good. Such control gave the investor group he represented great confidence.

"See the banner above my head? Over the past ten days, we have burned an average of one million per day in the Magic City area."

Cheng Wei pointed to the top of his head, then tilted his head to glance to the side: "But our investors are not satisfied. Mr. Xie said that our operation team does not know how to spend money. From now on, we will have to burn at least 10 million yuan every day in the national market to get paid. What do you want to say?"

"I don't agree. The current market size is just this big. Take the Magic City area as an example. The upper limit is one million per day."

The boss from the Beijing market operation team stood up and joined in the fun. His team swept all the competitors in Beijing, and he was the only one who had the right to say that.

Cheng Wei smiled and raised his chin: "You think the market size is not big enough, right? Next, Tencent's APP distribution software Yingyongbao will direct traffic to us. With the customer traffic pool, can we burn 10 million?"

Not only App Store, but also WeChat Pay will be connected to Didi starting tomorrow. Subsidies can be received for sharing on WeChat friends’ Moments. This is the largest customer traffic pool.

"I'm afraid those rubbish from Hangzhou and Shanghai will hold us back." The head of the Beijing marketing team was extremely sarcastic.

The head of the Hangzhou marketing team was a woman. She stood up suddenly with red eyes and pointed at her nose and cursed: "Who the hell are you calling a waste?!"

Her team is at Kuaidi's headquarters and has been under the greatest pressure for several months with no way to vent it. There is a lot of hostility within the team.

"I'll bet you half a year's salary that my team will take first place in the Shanghai market next month. Do you dare to take it?"

Pressure, everyone is under pressure, and the boss of the Shanghai market team is not to be outdone.

Cheng Wei watched coldly. This was the plot he wanted to see and also the scene he had personally experienced.

The training teacher of Alibaba's iron sales team said that without ruthlessness and ruthlessness, one cannot do marketing. He worked his way up from Alibaba's sales team to where he is today, and he actually didn't want to become an enemy of Alibaba. He once tried to get investment from his "mother family" by putting his attitude at the lowest level, but Alibaba would rather invest in Kuaishou than him.

And when Didi's working capital was gradually drying up, after he accepted the olive branches repeatedly thrown by Peng Zhijian and Pony Ma, Alibaba issued a "gangster hunting order" against Didi.

Cheng Wei doesn't want to get involved in the comings and goings between giants, so has anyone on either side asked him if he is willing? In this case, he can only thank Mr. Ma for his cultivation, and he will return what he has learned from Alibaba to Alibaba.

"We will fight Kuaidi in every city and defeat Kuaidi in every city. If we conquer a city, the local marketing team will be rewarded 100 million yuan in cash on the spot!"

Cheng Wei stood up, clenched his fist and slammed it hard on the table. His face, which was always a target of bullying, now looked ferocious and fierce.

Xie Jingxing stood up and stood side by side with him after thinking for a while. He said in a calm and sincere tone, "The investment philosophy of Grapefruit Capital is the same as its name. See you. I hope to see the invested companies again every tomorrow in the future."

"Everyone, 100 million in 10 days, let Kuai die tonight and never see you again tomorrow!"

The pre-war mobilization meeting ended briefly. Cheng Wei did not prepare lunch, and marketing teams from all regions hurried back to their respective battlefields.

At the braised chicken restaurant under the office building, Xie Jingxing treated him to a top-notch meal, and the two of them ate in silence.

Cheng Wei walks very fast and eats very fast. He says he does things faster than others.

"...Brother, not really." Xie Jingxing put down his chopsticks and raised his head.

Cheng Wei smiled and leaned over to pick up the napkin and handed it to him, burping as he drank from a glass bottle of peanut milk: "How long will it take for the next round of financing?"

"Ten days, maybe? If the money in your account isn't enough, I'll transfer a loan to you first." Xie Jingxing thought about it seriously and said.

Didi claims to have a 100 million subsidy plan in 10 days, but in fact it is jointly paying for it with App Store and WeChat Pay. New users who use App Store to download the Didi APP can receive double red envelope subsidies from App Store and Didi. The same applies to WeChat Pay.

Although Tencent is the one that pays in the end, App Store, WeChat Pay, Tencent Investment + Didi are independent and equal partners, and this is why there are so many different companies.

This means that Didi's on-hand funds are enough to burn for ten days or half a month. Cheng Wei mentioned that the next round of financing was a test. He wanted to try his best to disperse the equity so that no single investor, Tencent or Taihe, would hold too many shares.

Tang Man selected various state-owned funds and roughly determined that China Merchants Group's Jintou Fund and CCB-affiliated funds were interested in following up, but there might be some discrepancies in the investment shares.

There are natural conflicts between investors and founders. At this point in time, talking too much about it will be detrimental to unity.

The online ride-hailing industry requires more money than patience, and the winner cannot be determined in a short period of time. It is impossible for Pony Ma to keep an eye on the development of the situation here all the time, and other investors remain neutral.

Only he can control the overall situation when he sits in Demon City. It is foreseeable that he and Cheng Wei will have a lot of dealings, so there is no need to create a rift between them.

Xie Jing Xing wiped the corner of his mouth slowly and said, "I'll leave first. Contact me anytime if there's anything else."

"Boss, another set meal please."

Cheng Wei watched him walk out of the restaurant and leave in a car, scratched his hair, turned around and shouted casually

"You want the top configuration?"

"Add more chili peppers. Too much salt won't make it spicy." Cheng Wei made the decision while touching his eight-tenths full stomach.

…………

"Mr. Xie, the one billion US dollars in funds are all in place and can be used at any time. These two are colleagues from the Singapore office."

In the afternoon, in Taihe office, Liu Qiming introduced.

Seeing this, the two middle-aged men and women sitting next to him opened the briefcases they had been holding tightly in their hands since they entered the door, and took out a pile of documents to explain various precautions and financial details.

Taihe Capital’s Shanghai office is only responsible for venture capital, and there is also a team in Singapore, where it is registered, that manages all of the Xie family’s financial and tax affairs.

Because family offices do not raise funds from outside, the advantage is that they can spend their own money however they want without anyone interfering; on the other hand, it means that the money will run out sooner or later and the investment business will have a bottleneck upper limit.

Currently, Taihe Capital has a total net investment value of US$16 billion, which includes venture capital, bonds, overseas real estate, and various alternative investments.

These assets are financed to ensure that Taihe always has hundreds of millions of dollars in working capital on its books for regular investment operations. This is to prevent the risk of horizontal joint liability, and if an asset goes bankrupt, Taihe will explode on the spot.

There is a total capital pool at the top of Taihe Capital, which is simply a big account book, like the small treasury of the ancient emperor’s internal affairs department. All the money is pooled into the capital pool for risk isolation.

One billion US dollars in cash, equivalent to the annual GDP of a small county with hundreds of thousands of people, is in the documents brought by two colleagues from Singapore. The money will be put into a fund pool, and Taihe and Xiyou can withdraw it as needed.

Temporarily allocate 100 million US dollars to the Grapefruit Capital account, and use the rest of the funds to buy Apple shares in the secondary market through the Singapore office channel to cover the high loan interest and even make a lot of money... The most important thing is that it can be cashed out at any time for emergency use...

Borrowing 10 billion US dollars to invest in stocks, probably only those who have been reborn would dare to do this.

Such an outrageous operation was out of the question when he just returned to China, but now that Old Xie wants him to take charge of Taihe, he will have absolute control over a total of US$26 billion.

Xie Jingxing tried his best to listen to the obscure and difficult to understand financial operations, and signed his name on each document carefully.

(End of this chapter)