Reborn: Billionaire in College

Chen Pingjiang's previous layout was sufficient. He was a master at forming alliances and his capital integration was even more ingenious.

Now he no longer needs to lie dormant.

The timing was just right. If it was a step later, Didi would continue to grow and Cheng Wei would successfully take control of the new company, which would not be good.

Today is the first formal board meeting after the merger of Didi and Kuaidi, and the main topic of discussion was transition arrangements.

Three members of the management team (Cheng Wei, Lu Chuanwei, and Liu Qing), Xu Chuansheng, Wang Gang, as well as Peng Lei and Peng Zhijian were all there.

The scene is really quite big.

The conference room was filled with flowers. It was the new company's first board meeting, so at least they had to make it look presentable.

"Mr. Peng, I've heard a lot about you. I never thought we could become colleagues." Peng Zhijian greeted Peng Lei with a smile.

Peng Lei also smiled and said: "This merger of the two companies is a milestone for domestic Internet companies and a successful cooperation between Alibaba and Tencent."

In addition to the two of them, Xu Chuansheng, Wang Gang and others were also greeting them enthusiastically.

When Cheng Wei, Liu Qing and others greeted Lu Chuanwei, they were treated indifferently.

After the greetings, we started discussing the first topic.

"In the next six months, the two companies will be in a transitional period of merger. We will announce a new logo and make some fine-tuning in the business. My personal opinion is that Didi will focus on operating the business, while Kuaidi will focus more on incubating some innovative businesses, such as designated driver services and ride-sharing services."

After hearing this, Lu Chuanwei's face turned even darker.

It's really blatant, is there any need to be so anxious?

This was brought up at the first board meeting.

But at this moment, Lu Chuanwei's attitude is not important, and the vote in his hand is insignificant. Even if "de-fast-moving" has become a consensus, it is also something that everyone can foresee.

Cheng Wei, Liu Qing, Wang Gang and Tencent are in the same group. It doesn’t matter much whether Alibaba and Jingwei Investment are the two. The former cares more about whether it can pave the way for Alipay, while the latter cares more about whether it can make money.

The only one who cares is Lu Chuanwei.

As expected, the proposal was quickly passed.

This made Cheng Wei full of confidence and feel that he was in power.

I originally thought that Peng Lei, Xu Chuansheng and even Lu Chuanwei would raise some different opinions, but unexpectedly, no one said anything.

“The second topic is how to deal with the challenge from Uber and how to handle the relationship with AutoNavi. Now, please allow Mr. Liu to introduce the current development status of Uber.”

After Liu Qing took over the conversation, he cleared his throat and smiled: "During the period of our merger, Uber has also been busy and has made frequent moves. They abandoned the previous model of cooperating with large state-owned car rental companies and instead cooperated with small and medium-sized private car rental companies in Shanghai. So far, the results are quite good."

"It is worth noting that Uber and we are taking a different path. In Shanghai, there is no shortage of two types of people - foreigners and people in the fashion industry. Uber's cars are better and more upscale than ours, many of them are BBA-level, and their main service is more considerate and meticulous, so they started to cooperate with the fashion industry, and the first sponsored event was Shanghai Fashion Week. Recently, Uber found its own start-up users from parties, bars and nightclubs in Shanghai. Moreover, in Shanghai, a place with rich fashion culture and with the gorgeous halo of an international travel giant, they have grown rapidly. In addition, I personally think that their APP interface is more simple and elegant than ours."

"This situation has spread from Shanghai to other first-tier cities, and even the correct pronunciation of Uber has become a hot topic on social media. A certain contempt chain has been successfully established among urban white-collar workers, which has allowed Uber to attack Didi with a lower dimension in first-tier cities."

Liu Qing spoke in great detail, and the other directors listened attentively.

Wang Gang and others spoke first: "Faced with Uber's strategy, we must first stick to our own path. In the travel business, cheapness is the most important thing. High-end cars have big profits, but the market is small and there are not many orders. Besides, we can also launch our own high-end car business."

Peng Lei also symbolically put forward her own opinions.

When it was Peng Zhijian's turn, he surprisingly said, "To be honest, I don't want to see subsidy wars and price wars again. Financing will become more and more difficult in the future. There are also competitors like Uber, Yidao, and Shenzhou. I don't know how long this will last."

Upon hearing this, Cheng Wei first looked at Liu Qing and Wang Gang.

Why is Tencent’s attitude so negative today?
Cheng Wei pretended to sigh: "We don't want to fight a subsidy war, but our opponents are coming for us and pressing our bodies up. There is nothing we can do."

"Actually, maybe there is another way." Peng Zhijian smiled mysteriously.

"What method?" Everyone looked at him curiously, "Is there any way to defeat the enemy without fighting?"

Peng Zhijian nodded and said, "Where do Uber, Yidao, and Shenzhou get their orders? As you all know, many of them are orders from AutoNavi. Without AutoNavi, it would be difficult for them to grow. At most, they can only thrive in their own cities, but it would be difficult for them to expand nationwide. To put it bluntly, AutoNavi does this to restrict the growth of Didi."

"If that's the case, why can't we just seek a merger with AutoNavi? This move alone can solve all the problems. All of AutoNavi's huge orders can be provided to Didi, and orders from other partners can be cut off. Isn't that how the problem is solved?"

"..."

"..."

Everyone present looked at each other in bewilderment.

Only Lu Chuanwei trembled all over, and the fingertips holding the pen turned white.

I'm coming!
It turns out he was waiting here!
What a big deal! Gaode is actually joining in.

With such a merger, it will be difficult for Cheng Wei to have the final say, after all, AutoNavi's size and orders are there.

What surprised Lu Chuanwei even more was that Tencent actually became Chen Pingjiang's substitute.

He had suspected it before because the two families had a good relationship and everyone outside knew about it.

But I didn't expect it to be so good that I could almost wear a pair of pants.

In an instant, Lu Chuanwei became excited.

The dawn of hope is just around the corner, and the merger must be carried out. After the merger, Cheng Wei can step down and he can become a member of the board of directors of the new company.

That would be a brand new behemoth. The expressions of the others present varied, some were surprised, some were puzzled...

The localists represented by Cheng Wei naturally felt a pang in their hearts.

Why is Tencent dad turning his elbow outward?
Everyone knows the benefits of a merger, but after the merger, with AutoNavi’s size, what role do they have left?

Peng Lei's expression was uncertain. No one knew what she was thinking and she didn't say anything for the time being.

Xu Chuansheng of Matrix Partners was a little excited. "It would be great if we could merge. Once we merge, we can sentence other online car-hailing companies to death. We will be the domestic leader with a market share of more than 98%. AutoNavi will distribute orders and Didi will prepare transportation capacity, which will directly monopolize the travel market. We can apply for listing immediately, and I dare to assert that the valuation of the new company will definitely exceed 300 billion US dollars. No, I am underestimating it. Didi is currently valued at 60 billion US dollars. It is too conservative to say that it will increase fivefold after the merger."

I didn't expect that someone would respond so quickly, and even applaud. Wang Gang's face turned dark and he cursed in his heart, thinking that it was indeed the capitalists who only cared about interests.

Cheng Wei looked at Lv Chuanwei beside him, and heard Lv Chuanwei groan for a while, then nodded and said, "I agree with Mr. Xu. Once the merger is completed, there will be no need to engage in price wars and subsidy wars. The new company will be able to turn losses into profits in an instant. There is no need to raise funds to dilute shares. We just need to cultivate the market."

Cheng Wei secretly thought that something was wrong.

How come three votes agreed to the merger in an instant?

But he still smiled, but the smile was a little forced. "Is Mr. Peng joking? Even if we want to merge, AutoNavi may not agree. If I were Chen Pingjiang, I would be more willing to see a situation where Didi and Uber fight to the death, and he would pretend to be a traitor and control the strength comparison between them by distributing orders, playing tricks on the two companies, and then clean up the mess after the two companies are seriously injured. Wouldn't it be a way to solve our problem without bloodshed?"

Liu Qing also quickly made up for it: "As long as Didi defeats Uber, other domestic online car-hailing companies will not be able to make a difference, and Yidao and Shenzhou will not be able to compete with AutoNavi even in terms of the number of orders. Moreover, Didi has a firm grasp on the transportation capacity. AutoNavi will demand the same from us! Once we leave the AutoNavi platform, with all these small companies, even if AutoNavi has orders, no one will take them and they will not be able to ship them out."

Cheng Wei tried to evade responsibility in words and deeds, but Liu Qing was more direct and wanted to use his transportation advantage to defeat Gaode.

Then Lv Chuanwei sneered: "Boss Liu, you have a good idea. When we fight with Uber, won't other companies develop? Even AutoNavi can cut off its cooperation with Didi now and distribute the orders to Uber, Yidao and Shenzhou. How long will it take you to wipe out companies like Uber? Three years or five years?"

Uh……

Lu Chuanwei turned against the government and ruthlessly exposed Liu Qing's fantasy.

Cheng Wei could see that Lu Chuanwei had given up hope.

Tencent's Peng Zhijian added leisurely: "When Mr. Chen of Renren.com talked to Mr. Ma, he also expressed some interest in the merger, so I proposed this plan."

Cheng Wei: "..."

Liu Qing: "..."

Wang Gang: "..."

Cheng Wei really wanted to go up and shut Peng Zhijian's mouth.

Dad, please stop talking.

Lu Chuanwei felt even better.

I want you to have a taste of what it feels like to be abandoned by your financial sponsor.

Cheng Wei was really panicked now. Everything was fine at the beginning, how come the situation changed so suddenly?
merge?

Merge the hammer!
Although Didi is valued at 60 billion and is developing well, he really has no confidence that he can compete with Chen Pingjiang.

Amap’s traffic is too large, its user coverage is too wide, and its location is too remote.

Once the merger occurs, is there any need to ask whether the new company will be named Cheng or Chen?
What he was worried about was that other shareholders would inevitably become as excited as Xu Chuansheng and push for a merger.

This is extremely attractive to capital.

The situation was at a stalemate for a moment, and everyone's eyes turned to Peng Lei, who had been silent.

Peng Lei rubbed his temples with a headache. Why did the atmosphere in the board meeting suddenly change?

Tencent defected, and took Xu Chuansheng and Lu Chuanwei with them.

"General Peng, what do you think?"

Cheng Wei used all the respectful words and looked at Peng Lei with anticipation in his eyes.

Now Alibaba’s attitude is the most important. Whichever side you vote for will win.

The only thing that comforts Cheng Wei is that the relationship between Alibaba and Renren is not very good, and Alipay and WeChat Pay are fighting each other to a bloody end. Peng Lei is unlikely to go towards Renren.

Facing everyone's gaze, Peng Lei took a deep breath and said slowly: "I also agree with the merger."

"?"

"?"

what the hell!

Now it's interesting.

Cheng Wei, Liu Qing and Wang Gang all looked gloomy, which was their normal reaction.

Even Lu Chuanwei and Xu Chuansheng were shocked.

Peng Zhijian also looked at Peng Lei with amusement and couldn't help but applaud Chen Pingjiang in his heart.

Mr. Chen is truly an amazing person. Has Alibaba managed everything?

What kind of benefits were exchanged? Only then could enemies become lovers. (End of this chapter)