Reborn: Billionaire in College

For Ma, he doesn’t care who will be in charge of Didi or the new company in the future. Anyway, at the moment, this new company cannot become Alibaba’s pawn.

In this case, we only need to ensure the interests of Alibaba and Alipay.

Now that Chen Pingjiang has agreed not to kick Alipay out, that would be the best.

What’s more, WeChat no longer bans Alibaba-related companies, which is really good news for Jack Ma.

After coming out of Lao Ma's office, Peng Lei still felt it was a bit absurd. She couldn't understand why Chen Pingjiang seemed like a different person and suddenly became so easy to talk to?

In the past, Alibaba-related companies were banned everywhere, making Alibaba and Alipay look bad.

For Chen Pingjiang, there is no business in the world that cannot be negotiated. If Tencent and Alibaba can reach a settlement, why can't Renren?

It's nothing more than an exchange of interests.

Chen Pingjiang knows very well what Alibaba wants.

Therefore, giving up some non-core interests to Alibaba in exchange for their support is a win-win deal no matter how you look at it.

In less than two years, once Pinduoduo emerges, Ma will be busy all the time.

Shen Nanpeng rubbed his hands excitedly. He didn't expect it to be so smooth. This time he actually picked up a lot of money for free.

This is how the account is calculated.

Sequoia had already made enough money from its investment in Renren, and Renren's subsequent acquisition of AutoNavi was purely a bonus.

I didn't expect that this extra thing could bring such great benefits.

There is no other good business where you can make money without doing anything so easily.

On the Didi side, Cheng Wei and others are now very panicked.

Once the merger of AutoNavi and Didi is finally pushed forward, if Chen Pingjiang wants to join the board of directors, he is fully confident that he will compete with Chen Pingjiang.

Even if the two of them tried to show off their reputation in front of the shareholders, he would not be able to win.

Not to mention the power and financial resources behind Chen Pingjiang, his personal reputation alone is enough to completely crush Cheng Wei.

If things go well, he will become a vice president and wait for Chen Pingjiang to demolish the company; if things go badly, he will just be fired like Lu Chuanwei.

Wasn’t the merger between Didi Dache and Kuaidi Dache delayed because Lu Chuanwei had no confidence in victory?
Isn’t it because Cheng Wei felt that he could gain control that he advocated for the merger?

If Cheng Wei was worried that he would not be able to gain control of the new company, would you have let him try the merger?

It's just a waste of time.

Hedong in thirty years and Hexi in thirty years.

Now he has become like Lu Chuanwei in the past, strongly opposing the merger because it would put his position at risk.

As Didi's original angel investor, Wang Gang had a much simpler mindset. He supported the company purely because of his good relationship with Cheng Wei.

Liu Qing also opposed the merger.

He was not familiar with Chen Pingjiang, but he had heard from his father that Chen Pingjiang was a very arrogant person and was unwilling to associate with a group of old gangsters like them.

These words were enough to dispel all her expectations of Chen Pingjiang, and she stood firmly in Cheng Wei's camp to resist the merger.

As long as she stays with Cheng Wei, she will soon get enough options and make a lot of profit.

If the merger happens and Chen Pingjiang kicks her out, she will be left with nothing.

Behind the merger or non-merger, there is human nature and personal interests.

It is exactly in line with what Lao Ma said, "Everyone comes for profit, and everyone goes for profit."

…………

The Didi trio returned from a business trip and reunited.

The faces of the three of them were not very pretty.

Liu Qing asked: "How are things over there?"

Cheng Wei and Wang Gang both shook their heads. "These guys are so cunning. They didn't say they agreed or disagreed. Instead, they persuaded us and told us the benefits of merging. It's really funny. Don't I know that merging is good? But I just don't want to merge. Why should we work so hard for several years, fight to the death with Kuaishou, and finally let others take advantage of us?"

Wang Gang also said: "Like I said before, capital is profit-seeking at this time. They will not give up if there is obviously a better return. These people hope that the start-up company has no competitors and can directly monopolize the listing. Unless we can prove that the company itself is strong enough to successfully go public under our leadership."

Cheng Wei is a bit depressed: "The Russian guy from DST had vowed to give another billion dollars immediately after the merger was successful, but when I asked him this time, his tone changed completely. Zhu Xiaohu was even worse. I didn't even meet him. He said he was on a business trip abroad and would try to get back before the shareholders' meeting. As for Sequoia and Temasek, to be honest, it doesn't make much difference whether I go or not."

There was a change in Cheng Wei's eyes when he looked at Liu Qing.

It was Liu Qing who made the solemn promise at the beginning. Sequoia and Temasek invested in Didi in order to hedge risks.

Now it seems that it was premeditated.

Cheng Wei and his partner also went to visit Kuaidi's original shareholders, but they were all just hypocrites.

The hospitality was of a high standard and polite, but it was useless.

Now everyone looked at Liu Qing.

Ali is the last straw.

Facing everyone's questions, Liu Qing was a little embarrassed: "I did meet Mr. Ma, and he told me the truth, but the result doesn't seem to be very good."

At this moment, Cheng Wei's face changed. Is it possible that God can't save me?
"As for matters involving commercial secrets, Mr. Ma did not clearly state what agreement the two companies had reached. He only said from beginning to end that the merger was beneficial to Alibaba."

Liu Qing is not her father, so it is not enough to show off his face in front of Lao Ma.

Lao Liu would not take the initiative to travel all the way to Hangzhou to meet Lao Ma for this matter. At most, he would just make a phone call.

But the only thing to be thankful for was that Liu Qing remembered that Lao Ma promised to reserve a position for him.

This is also the reason why Liu Qing felt embarrassed just now.

Emotionally, it is certainly more fun to work behind Cheng Wei, but at the moment it seems that everyone is pushing for a merger. In this case, the ship is about to sink, and we have to survive on our own, and we can't sink with the ship.

Once a thought comes, it cannot be extinguished.

During this period, Liu Qing gradually understood.

Driven by capital, the merger of Didi and AutoNavi is unstoppable. In this case...

Thinking of this, Liu Qing looked at Cheng Wei deeply again.

Cheng Wei's mental state is not very good at the moment. His insomnia has increased significantly during this period and he is worried all day long.

Faced with the general trend, he felt like a small boat in the huge waves, drifting in the storm. He had no control over the boat and could only watch it sink.

At this time, the disadvantages of both him and Wang Gang were exposed.

Wang Gang is just a new investor in the industry and does not have many resources.

As an entrepreneur without foundation, Cheng Wei has no strong allies and die-hard supporters, so it is naturally difficult for him to continue fighting.

In other words, Cheng Wei does not give shareholders enough confidence.

If he could solve the problem of campus network in a short time like Chen Pingjiang did back then, the shareholders would naturally support him wholeheartedly.

But he couldn't do it. He was just an ordinary man who was a little stronger. He fought with Kuai for more than two years.

After a long while, Cheng Wei sighed and resigned himself to his fate: "I understand."

He experienced the entire mental journey that Lu Chuanwei had gone through.

…………

Didi’s shareholders’ meeting was held as scheduled.

Those who came this time were investors and representatives of investment institutions.

The reason I say this is because Peng Lei from Alibaba did not come at all, and neither did Peng Zhijian from Tencent.

They had already expressed their attitude at the last board meeting, and this time they just sent their subordinates to act as eavesdroppers and messengers.

Seeing this, Cheng Wei and Wang Gang immediately accepted their fate, and Liu Qing became more active.

There was almost no commotion at the shareholders' meeting, and the happiest person after the meeting was Lu Chuanwei.

Chen Pingjiang didn't feel surprised when he received the news.

By uniting the majority of people and giving capital enough expectations, it will not be difficult to smoothly control the situation.

It's strange that Didi has not had time to adjust after the merger. If Cheng Wei had an AB share system, the result would seem to be very different.

Oh, but not necessarily.

Because all the capital except his demanded a merger. Even if he had enough voting rights, what was the use? No one would invest in him anymore and Didi would still die.

At this point, Didi’s account has been cleared, and the next step is for AutoNavi to send someone to negotiate with Didi.

This is what makes Cheng Wei most upset.

He felt as disgusted as if he had eaten shit, and he had to show up in person for the negotiations, which was more painful than being skinned alive.

Finally, the negotiation teams of both sides were determined.

Didi sent Cheng Wei and Liu Qing.

On the Renren side, there are Li Xi and Cheng Congwu.

Representatives of both shareholders, Neil Shen and Wang Gang, also participated in the negotiations.

It's 3V3.

Finally, there was Bao Fan from Huaxing Capital acting as a middleman.

After Bao Fan got the negotiation list, he couldn't help laughing.

Although he has a good relationship with Cheng Wei and Liu Qing, his relationship with Chen Pingjiang is even better.

The joint-stock company responsible for Renren's listing is Huaxing Capital. Besides, he is just a middleman, responsible for coordination and will not interfere in the specific negotiations.

Judging from the list, Renren is much stronger than Amap.

In any case, Renren is now a world-class Internet company, and its market value has consistently ranked among the top ten in the world.

A lineup like this is simply like beating up children.

It seems that the president of AutoNavi is benchmarked against the president of Didi, and the CEO of Renren, Li Xi, is benchmarked against the CEO of Didi, Cheng Wei.

However, the size gap between the companies represented is too huge.

Two days before the negotiations, Li Xi and Cheng Congwu came to see Chen Pingjiang.

"My bottom line is that AutoNavi must obtain a controlling stake. We can consider the interests of Didi's shareholders and make certain concessions, but the minimum stake must not be less than 52%."

Li Xi smiled and said, "In fact, we are just going there for the formality. This time it is not like the last time when Didi merged quickly. In essence, it was a competition for control and the giants behind both parties. This time there is nothing."

Chen Pingjiang has basically tackled all the tough problems and reached a cooperation intention with Tencent and Alibaba.

The giants have talked about everything that needs to be talked about.

Since both AutoNavi and Didi’s headquarters are in Beijing, the location of this negotiation was naturally chosen in Beijing.

The next day, Li Xi and Cheng Congwu returned to Beijing. Shen Nanpeng hosted a banquet for the two of them, during which they exchanged views on tomorrow's negotiations.

Everyone is optimistic about the outcome of tomorrow's negotiations. (End of this chapter)