Reborn: Billionaire in College

Chapter 426: 2 Internal Letters

While Lu Chuanwei's expression was shocked, his mind was racing.

Chen Pingjiang is not a shareholder of Didi Dache, nor is he a shareholder of Kuaidi. Even if a new company is established, what does it have to do with him?

Want to invest now?
I’m afraid it’s not that simple, not to mention that the new company has no financing plan for the time being.

Even if there is a financing plan, it will be a large amount of financing starting from one billion US dollars.

Even if Chen Pingjiang paid so much money, he could only hold a few percent of the shares at most. Even if he got all the voting rights of Didi, he might not be able to shake Cheng Wei's position.

The more I thought about it, the more puzzles popped up in my mind.

In response, Chen Pingjiang just raised his eyebrows and smiled without further explanation.

There is no need to make some things too clear to Lu Chuanwei, the person involved. All you need is his attitude.

Faced with Chen Pingjiang's nonchalant expression, Lu Chuanwei began to murmur in his heart, and looked at Tan Hainan next to him. However, as soon as his eyes met, Tan Hainan's eyes dodged and he picked up the tea to drink.

curiosity kills the cat.

Lu Chuanwei was too curious. Since Chen Pingjiang said this, he must have some ideas about the new company after the merger, otherwise he would not have called him over with such great fanfare.

He then asked, "Mr. Chen, forgive my stupidity, how do you want me to help you?"

This is a very clever question. It seems like he is asking how to help, but in fact he is observing your tactics, Chen Pingjiang.

Unexpectedly, Chen Pingjiang was very tight-lipped and kept his mouth shut: "Just like I said, lean towards me at the critical moment."

Chen Pingjiang didn't want the curious baby to continue asking questions, so he called out his name directly: "Boss Lu, forgive me for being blunt, but can you just watch the empire you built with your own hands being handed over to others? I'm sure you know in your heart that failure may have a huge impact on you, wipe out your ambitions, and you will not be able to explain to your entrepreneurial team."

"You are in a bad situation now. You can't compete with Cheng Wei, and Alibaba has given up on you. To put it bluntly, you have become an outcast of capital, and I am the only one who can help you."

Chen Pingjiang's words were very serious, without the politeness that they showed when they first met. Lu Chuanwei's face turned pale and blue, and it revealed his inner thoughts.

After hesitating for a few seconds, Lu Chuanwei asked in a deep voice: "What can I get?"

He has thought it through. Since Alibaba doesn't want him anymore, why not find a new backer, a new financial sponsor?

In the end it's just a transaction, the key is whether you can sell it at a good price.

"The good thing is that you don't have to leave like a lost dog. You will have a seat on the board of directors of the new group."

After hearing this, Lu Chuanwei felt a little happy and a little disappointed.

What made him disappointed was that he had originally fantasized that Chen Pingjiang would say, kick Cheng Wei out, and he would be the boss.

But on second thought, this is not a bad idea.

At least he can give an explanation to the brothers who fought with him to establish the empire and ensure their safety.

If he can stay in the company, his brothers below will not be kicked out. These are the backbones who have followed him for two or three years.

As long as this group of people are there and he takes good care of them, Lu Chuanwei feels that he can make a comeback at any time.

Once people disperse, their hearts also disperse, and it becomes difficult to win them back together.

Without much thought, Lu Chuanwei turned to Chen Pingjiang. Although he didn't know what Chen Pingjiang was going to do specifically, he just followed him.

There's nothing to lose anyway, so why be afraid?

On one side are the annoying Cheng Wei and Alibaba, and on the other side is the number one person in the Internet industry. It’s an easy choice.

After expressing his attitude, Lu Chuanwei immediately left Dongjiang and rushed back to Hangzhou.

The situation has changed and he feels that he can still be rescued.

When he left this time, Lu Chuanwei was in a much better mood than when he came.

.........

At the same time, Cheng Wei in Beijing was in a much better mood and had good luck in recent months.

Didi's business is progressing in multiple directions, its financing is also going smoothly, and most importantly, it has merged with Kuaidi and achieved its strategic goals.

There will be enough time to deal with Uber next.

"After the two companies merge successfully and pass the merger period, we will start the next round of financing plan. Yuri Milner, the founder of DST, once promised me that as long as the merger is successful, he will give us 10 billion US dollars. I can talk to him more later." Cheng Wei said to Liu Qing.

Liu Qing was a little curious: "When did you tell me that? I don't even know it?"

"It was right after the last round of financing that the Russians came to me and said three things. First, Uber was going to kill us. Second, if we wanted to survive, there was only one way, which was to merge with Kuaidi. Third, they could give us another $10 billion after the merger."

Liu Qing then chuckled: "Sure enough, there is no capitalist who can't see through the situation. Then I will contact him later."

Having said that, Liu Qing was still a little confused. Are the Russians so generous?
One billion US dollars for a successful merger?
This is no small sum.

Unable to figure it out for a while, Liu Qing didn't think about it anymore, but turned around and asked, "What are you going to do with Kuaidi Taxi?"

Cheng Wei knew what she meant and did not hide it: "There is no need for hypocrisy and courtesy. The transition period is one month. After it expires, let all the senior executives of Kuaidi leave. At most, the compensation should be generous."

Liu Qing looked at Cheng Wei with appreciation and didn't think there was anything wrong with it.

Markets are like battlefields.

If you fail, you will be purged.

One emperor and one courtier.

It doesn't make sense. Cheng Wei became the head of the company, but he still used the old people from the previous dynasty. Not only he himself is worried, but others are also uncomfortable. Instead of hypocritically flaunting himself, it is better to cut the Gordian knot, take power as soon as possible, put his own people in key positions, complete the integration, and then concentrate on dealing with Uber, or even the bigger giant - AutoNavi.

Thinking of Gao De, Liu Qing felt a headache.

In the online car-hailing market, AutoNavi's position is somewhat detached.

Everyone has access to AutoNavi's taxi-hailing platform and is also using WeChat Pay, so they cannot escape the influence of Renren.

Although the specific details of the merger should not be disclosed to the outside world, the management of the two companies can still easily know the specific results.

Didi’s executives gathered privately several times, singing songs and eating hotpot.

The fast side was not happy, and everyone was very unwilling to accept the result.

It is obvious that in many cities, their market share exceeds that of Didi!
The only thing to blame is Lu Chuanwei for not finding a good backing.

…………

It took about 10 days for the formal cooperation agreement to be drafted and confirmed by lawyers of both parties.

The time came on September 5th.

Didi Dache and Kuaidi Dache announced this "good news" at the same time: they are together.

Those who knew the situation smiled indifferently, while the general public who didn’t were dumbfounded. How did the top two in the online car-hailing industry merge?
Silently, where can I get the benefits from now on?

You have to know that when the two companies were in full swing in the subsidy war some time ago, it was the consumers who benefited.

Kuaidi Dache CEO Lu Chuanwei and Didi CEO Cheng Wei sent internal emails to their employees to explain the merger. After all, they were enemies yesterday, but today they have become colleagues!
Lv Chuanwei said in an internal letter: "There is an old Chinese saying that goes 'No fight, no friendship', and 'A smile can erase all grudges'. Over the past two years, we and Didi Chuxing have been both rivals and sharpeners, which is actually one of the most important factors for the rapid development of both parties. By constantly challenging our limits, we have created one legend after another and rapidly leveraged the Chinese mobile travel market."

“The main reasons for the merger are: vicious, large-scale, and continuously money-burning competition is unsustainable; the merger is a strong common expectation of all investors on both sides; in addition to financial factors, the merger can avoid greater time and opportunity costs, and the new company can accelerate immediately and develop many new businesses.”

In his internal letter, Lu Chuanwei also reassured people, stating that the merger would not affect human resource arrangements, but would instead recruit more people.

By the way, I would like to draw a pie in the sky. After the merger, the listing plan will also be put on the agenda.

Lu Chuanwei showed full optimism and confidence in the future.

But the moment the internal letter was sent, Lu Chuanwei still felt huge shame and unwillingness in his heart.

The structure in the internal letter belongs to the shareholders, not him.

In comparison, the internal letter sent by Lu Chuanwei was very orthodox, while Cheng Wei's writing was full of excitement and vigor, and his wording was quite infectious.

What was interesting was that he never said a word to reassure everyone that there would be no personnel changes.

It seems like nothing was said, but it actually said everything, except that we won.

"Fighting is earth-shattering, and peace is loving till the end!"

"This merger created three records: first, it was the largest M&A case in the history of China's Internet industry; second, it was the fastest to create a top 10 Internet company in China; and third, it integrated the support of two giants."

"After the merger, the management team still firmly holds absolute control over the company, which is accepted as the bottom line by all investors and the two giants."

"We have come together with Kuaidi, and also brought together Tencent and Alibaba. Many people must have exclaimed that they believe in love again."

After the news of the merger between Didi Dache and Kuaidi Dache came out, there was a serious polarization and the vast majority of ordinary people were indifferent.

After consumers and drivers know this, it will not be easy to get free rides.

More news was revealed.

The valuation of the merged new company reached US$60 billion, with the equity distribution ratio of the two being 52% and 48%, a gap of 4 percentage points, and Didi holding the controlling stake.

Uber was even more nervous.

It was obvious that the two companies were going to take action against them after they merged.

It is said that the CEO of Uber even flew to China in person to have a talk with Cheng Wei, but it is unknown what they discussed specifically.

Inside the office.

After reading the newspaper, Shen Nanpeng smiled and put the Dongjiang Daily on the coffee table.

"You have already achieved more than half of your goal. When will the next plan begin?"

This question seems to be asked by Shen Nanpeng, and it is also what various investors and Lu Chuanwei want to ask.

This buddy has now completely turned to Chen Pingjiang, and is counting on Chen Pingjiang to bring him some hope.

"It has already started." Chen Pingjiang said with a smile.

"It's started? How come I didn't know?"

"That means you don't check Weibo very often."

Shen Nanpeng looked at Chen Pingjiang strangely, then opened his Weibo on his mobile phone. After a while, a strange expression appeared on his face.

This trick again.

The wind started blowing.

"Even if Didi and Kuaidi merge, I'm still not optimistic about their future, after all, there are still Uber and AutoNavi."

At the same time, Chen Pingjiang's voice came: "They should be holding a board meeting now." (End of this chapter)

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