Reborn: Billionaire in College

The two sisters from the Liu family did bring about earth-shaking changes to Uber after joining the company.

At least although Uber claimed to have entered the Chinese market before, it was confined to Shanghai for several months, but now it is flourishing in all aspects.

However, when Liu Qing received the financial report for the previous quarter, his face turned pale.

Although it feels great to become the Queen of Revenge and avenge Gaode, anyone with a discerning eye can see the hidden dangers behind it.

If Uber wants to win, it must win quickly so that its funds can keep up, otherwise it will fail after a brief period of rapid development.

But it is almost impossible for Uber to win quickly now. It is completely relying on subsidies to maintain its lifeline, and it will collapse once the ventilator is withdrawn.

After all, Uber is not a listed company. Even if it were a listed company, it would not be able to subsidize a bottomless pit like this.

It has more than one rival in the world, and the battle line is too long, with beacons everywhere.

But China is the largest single market, and I wonder if the profits earned from a small place like Singapore are enough to offset one day’s losses in the Chinese market.

However, Gaode is a competitor that is not inferior to Uber in terms of market and scale, which is enough to bring fatal difficulties to Uber.

Liu Qing has rich business experience and can easily analyze Uber’s hidden dangers from the financial statements.

After reading it, she handed the report to her cousin Liu Zhen.

Liu Zhen has worked in Silicon Valley for so many years and served as a consultant for many companies. After a little analysis, he came to a headache-inducing conclusion.

"It seems that it will be difficult for Uber to gain a foothold in China. AutoNavi has a huge lead. If it does not spend money, it will be marginalized. If it spends money, it will face huge losses. It is still unclear whether the funds can last until then."

Liu Qing nodded: "The best situation is naturally to have a place in the domestic market while still being able to make a profit, or at least only a small loss, so that it can be sustainable."

The method of exchanging funds for markets has been tried and tested and has always worked.

The group buying war was like this, the takeout war was like this, and now the online car-hailing war is still like this.

Not to mention other industries, even Kuaidi Taxi and Didi Taxi have been fighting for a year and a half and still haven’t produced any results.

This is also why Kuaidi and Didi shook hands and made peace, because they couldn't continue playing together.

If you want to spend money to gain market share, you must have more money than the other party, otherwise there will only be a stalemate.

But Uber can't stand still.

"This financial statement has been sent to CEO Kalanick simultaneously. I'm afraid that guy is also having a headache." Liu Qing chuckled.

Liu Zhen suddenly said, "Even if I have a headache, it's all your fault, my dear sister."

Liu Qing was unhappy when he heard this. "I am not happy when you say this. What do you mean it was my fault? It was clearly Uber that invited me here. Besides, weren't you here too?"

"Haha, am I not here to clean up your mess? If I don't come, I'm afraid all Ubers will be banned."

Liu Qing's face turned red, and he suddenly felt guilty.

A while ago, she was making great progress and was somewhat lost in the applause of victory. The setbacks came so quickly that she almost couldn't react.

But even so, Liu Qing still said coldly: "I can handle it even if you don't come. Don't forget that your last name is also Liu, and you also use the relationship of the Liu family."

The two cousins ​​really have a love-hate relationship with each other, and it even feels like "where there is Yu, why there is Liang".

Although the two are now sitting in the office of a company and chatting harmoniously, they have actually been competing with each other since they were young. Liu Qing went to Peking University and did his postgraduate study at Harvard; Liu Zhen went to Renmin University and continued his studies at Berkeley.

In terms of academic performance and school, Liu Qing is naturally slightly better, and his family background is also slightly better.

Even after graduation, Liu Qing went straight to Goldman Sachs.

With such an outstanding relative at home, it would be a lie to say that Liu Zhen doesn't feel pressured.

But she is not bad herself, and she doesn't want to be overshadowed by Liu Qing.

This time, when Liu Qing saw that he suffered a setback in China and almost ruined a good situation, he immediately found Kalanick, joined Uber, and applied to be in charge of public relations in China.

This scene of saving the stupid sister made Liu Zhen very happy.

How could Liu Qing not know what his cousin was thinking?

This girl has been at odds with me since she was a child.

"But I still came and helped you solve the problem. Fortunately, I am only responsible for public relations. I can't save your business." Liu Zhen chuckled and took a sip of the coffee in front of him.

Liu Qing: "..."

Liu Qing rolled his eyes, but couldn't refute.

As the former president of Didi, she participated in the subsidy war with Kuaidi Dache and witnessed the final merger of the two companies.

Uber’s current situation is more like a dead end.

I can't get out, and I don't have enough money to stay alive.

The feeling of knowing that you are doing useless work but having to do it is really annoying.

When Liu Qing thought about Uber's final defeat, he became furious. It was like losing to AutoNavi and Chen Pingjiang again.

Liu Zhen continued, "Kalanick wants to take over the domestic market too much, but he still underestimates this piece of land. He can be a big shot in other places, but he is really not good enough in China. You and I both know the final outcome of Uber, either it will be acquired or it will be defeated. I advise you not to think too much, just expand the scale as soon as possible, and let the losses be losses, as long as you can send Uber to the stock market."

Liu Qing knew that what his sister said was correct.

As long as Uber can go public, funds will continue to flow in, even if it eventually abandons the Chinese market.

Liu Zhen added, "Even if you want to stop now, Kalanick won't agree. What he wants is the scale of orders so that he can use these data to fool investors and successfully go public. In this case, sister, you should burn as much as you can. Anyway, it's not your money that is lost. Haha!"

Liu Qing was unable to refute her sister's words, she knew this was the correct answer.

But the problem is that if she does this, it will ultimately damage her, Liu Qing's, reputation and the reputation of the Liu family.

After thinking for a long time, Liu Qing finally slammed the table and said, "If you don't make a decision, you will suffer the consequences. In this case, let's go all out."

Liu Zhen smiled charmingly, her eyes moving, "That's right, my silly sister, but this is so funny. Seeing my amazing sister, who has been excellent in both character and learning since childhood, fail for the first time, I feel really good. After all, only a man like Chen Pingjiang can subdue you, sister."

Liu Qing sneered: "We are all Liu family members, sitting in the same boat. It is true that I am the one who bears the blame, but do you think you can stay out of it? I advise you to assist me in my work honestly, or at least don't hinder me. Even if AutoNavi wants to swallow up Uber in the future, we must do our best during this period of time. Today's results will be the price for future negotiations."

"Don't worry about that. Although my sister never likes me, I have a clear distinction between public and private affairs. Since I get paid, I will work hard to complete the work." At the end of the chat, Liu Zhen drank the coffee in the cup and left the office. (End of this chapter)