Reborn: Billionaire in College

"Mr. Chen's vision has always been top-notch. Every project he has set his sights on has been successful, and every person he has set his sights on has been excellent." Zhang Yiming complimented him politely and praised himself at the same time.

Feng Ji and Yang Qi were not very familiar with Chen Pingjiang at first, and did not know how amazing Chen Pingjiang was. But now that they had seen several waves of people praising Chen Pingjiang's vision, they suddenly felt a little complacent.

"Yiming, we'll get off first. Let's get together when we have time." Tian Hongrui said before getting out of the elevator.

"OK, I'm always available. Just call me when you're free, Mr. Tian."

After watching Tian Hongrui and the others exit the elevator, Liang Rubo asked, "Is he the person in charge of Renren Games?"

Zhang Yiming nodded. "Although he is only a vice president, he has a lot of say in the company because the gaming department has the best revenue performance. The two games his department is responsible for are both well-known cash cows, League of Legends and DNF. However, they were all created by CEO Chen. Tian Hongrui has not developed any well-known games on his own. He can be considered to be taking advantage of what is already available, but he is lucky."

The other end.

After Tian Hongrui and others got out of the elevator, he introduced: "Zhang Yiming has resigned from Renren.com and is working on a new project with the support of Chairman Chen. He can provide money and people, and he may become a giant in the future."

"Is it because of Mr. Chen's support that he can become a local tycoon? It's too easy for a giant to appear." Feng Ji was puzzled. What was wrong with these Renren executives? They were almost deifying Chen Pingjiang.

Tian Hongrui sneered, glanced at the "ignorant and fearless" Feng Ji, and said, "Chen... forget it, you won't believe it even if I tell you, you will know it later. I was just like you when I first came here, I believed it after experiencing a lot. Let's go, I'll take you to miHoYo, you are all cutting-edge game talents, you should communicate more. Let's have dinner together tonight, tomorrow is just in time for the company's annual meeting."

This year's Renren annual meeting will still be held separately.

As the family business grows, it becomes difficult to run all the groups together as before.

The total number of employees in Chen Pingjiang's industries around the world is about to exceed 150,000...

There is no stadium that big enough to accommodate all of them.

The reason why Tian Hongrui proposed to take Feng Ji to the annual meeting was that he hoped Feng Ji could have a sense of belonging to Renren.

…………

Beijing.

Chen Pingjiang, who had just attended the annual meeting of New AutoNavi Group, made an appointment with Cheng Congwu, Cheng Wei and Lu Chuanwei to appear in a private club on the North Third Ring Road.

This year is the first year of New Goldman. Chen Pingjiang could not refuse this year's annual meeting for both moral and logical reasons. He not only gave a speech on stage but also performed a show to get closer to the employees and show his face.

Even Lu Chuanwei, who was far away in Singapore, rushed back for the annual meeting.

"I didn't know about this club before, but someone brought me here once, and the environment is pretty good." Chen Pingjiang said with a smile, and waved his hand. Soon, a good-looking waiter came to pour tea and water. "It's been a while since we last met, right? Chuanwei."

Lv Chuanwei has been tanned recently. He smiled and nodded: "It's been almost half a year. I went out in August."

"Thank you for your hard work." Lu Chuanwei waved his hands repeatedly: "No, no, I don't feel tired at all. On the contrary, I feel very motivated. As a senior executive, I have the responsibility to lead the team to carry out work behind enemy lines."

Cheng Wei sneered in his heart: "Flatterer."

It was clearly exile, but he insisted on flattering himself and insisted that he was working behind enemy lines.

But even so, Cheng Wei had to admit that Lu Chuanwei's work results in the past six months were very good.

Not only did it gain a foothold in Singapore, it also caused some trouble for Uber.

"As the year draws to a close, Uber is still restless. It seems like they are fighting a desperate battle and providing crazy subsidies. I'm worried about them." Cheng Congwu said calmly after taking a sip of water.

Cheng Wei nodded: "If nothing unexpected happens, the results may be out next year."

Chen Pingjiang looked over in surprise: "What? Did you get any news?"

"Well, Liu Qing and I had a phone call, and there was something behind her words. I have been trying to figure out what she meant some time ago, but now I dare to conclude."

"What did you say?"

"She said... Uber is almost being ripped off by drivers, and asked how long the subsidies would last. She also asked me, will AutoNavi dominate the domestic travel market in the future, or will both companies suffer, or will they merge to form a giant?"

Chen Pingjiang pondered for a moment and said playfully, "Isn't this just a test? Or is it trying to get you to talk about this issue in depth? It seems that Uber's situation is not going well."

Cheng Wei said: "I think so too. They are in a mess right now. Some measures on the user side give consumers a bad experience. Some consumers complained that Uber was promoting the first trip as free, so I checked it out, but I was directly deducted 40 for a trip that was supposed to be 120 yuan. And the money must be deducted directly, without giving you a chance to choose. And Uber cannot unblock the automatic deduction binding. There is no telephone customer service, so you can only send an email. The email I sent later was also replied by a machine and the problem was not solved. In the end, I could only unblock Uber's automatic deduction permission through Alipay and delete the app and admit my mistake."

"On the driver side, there are many freeloaders. Uber has attracted many fake drivers with its high subsidies and rewards. Taking the Beijing market as an example, the reward for completing an order with People's Uber is 12 yuan for 110 trips and 17 yuan for 160 trips. It is 100 yuan more than the 150 yuan and 10 yuan rewards of AutoNavi. In addition, there are double rewards at different times, ranging from 1.2 times to 2.3 times. Liu Qing knows that many people are taking advantage of loopholes to fake orders, but she dares not cancel the subsidies and rewards. Once they are cancelled, they will have no chance."

"Of course... we have to admit that Uber is very popular among white-collar workers in Beijing, Shanghai, Guangzhou and Shenzhen. These people will only consider other private car apps when they can't get an Uber. But the popularity of a small circle does not mean that Uber China is successful - in terms of overall performance, Uber China is one level lower than us: we have eaten 81% of the big cake of the private car market, while Uber China has only 13%."

Cheng Congwu also added: "High subsidies and rewards attract users and also attract fake order merchants, but these are what Uber needs. During the peak period some time ago, some fake order merchants could earn tens of thousands of yuan a month. Rumor has it that Uber China once turned a blind eye to fake order merchants in order to obtain higher order volume and better GMV, and to obtain better conditions in the next round of financing. This is not unreasonable. However, I predict that their extensive management will not last long, and they will have to make changes sooner or later."

"It hurts to use the knife, but if you don't use the knife, even a body as big as Uber will be sucked dry of blood by mosquitoes very quickly."

After chatting for half an hour, everyone came to a unanimous conclusion: Uber could no longer hold on.

Once they are unable to raise funds in the future, they will have to retreat and defend.

If you can’t continue playing the game of passing the parcel, you have to think about how to end it. (End of this chapter)