Winning the new financial era

Chapter 342 Zhonghe Group
When Zhang Yida and Lu Qi walked out of the Capital International Airport side by side, the reporters waiting here immediately surrounded them.

While chasing the marching team of Zhang Yida and others, he handed over the microphone and said:

"Dr. Lu, have you joined Ruixiang Group?"

"Dr. Lu, you have been in charge of the artificial intelligence department when you were the vice president of Microsoft. May I ask if you are going to promote the artificial intelligence business in China when you return this time?"

"Dr. Lu, I heard that Mr. Zhang Yida went to the United States to invite you to come out of the mountain. Did you agree to his invitation?"

"Dr. Lu~Dr. Lu~"

Several of Zhang Yida's bodyguards spread their hands to block the reporters to the sides of the line, so as not to shock the employer.

Looking at this battle, Zhang Yida was also speechless, these reporters must be too well informed!
As soon as I went to the United States to invite Lu Qi out of the mountain, these reporters came to the airport to surround people.

It's not to blame that Zhang Yida didn't do a good job of keeping secrets, it's mainly because Lu Qi's name is too big.

As soon as he left Microsoft, all domestic technology companies were gearing up to recruit this great talent.

The headhunting company was faster, and they had already gone to stay next to Lu Qi's house.

As soon as Zhang Yida and Yuan Zheng visited Lu Qi's house, they were noticed by the squatters.

After that, Zhang Yida stayed in the United States for a few days, during which he met with Lu Qi many times.

Then the news was sent back to the country, and well-informed reporters all came to the airport to stop people, ready to get first-hand news.

Looking at the reporters who surrounded him and others tightly, there were still many passers-by watching the fun, and the crowds became more and more crowded, and the traffic was almost blocked.

Zhang Yida hurriedly greeted the reporter and said, "Dr. Lu Qi just got off the plane and is a little tired! I won't be interviewing today. Welcome to the press conference in three days later!"

"Mr. Zhang, what kind of press conference? Can you tell me about it?"

"Mr. Zhang, has Dr. Lu joined Ruixiang Group?"

"Mr. Zhang~Mr. Zhang~"

Seeing that Lu Qi was unwilling to accept the interview, the reporter turned their firepower to Zhang Yida who was talking to them.

Zhang Yida didn't have time to greet these reporters right now, so the group got into the car and headed straight to the hotel.

After Lu Qi was settled, Zhang Yi arrived at Doushi, and also called Huimin Travel and Pinduoduo executives to hold a meeting together.

After Zhang Yida roughly explained what he meant, everyone had different expressions and reactions.

"Really want to set up a new group?" Sun Yutong was the first to ask.

"Yes, we must concentrate our efforts. At present, each company does not belong to each other, and business coordination is too poor."

Sun Yutong nodded, "Mr. Zhang, what you said is very reasonable, only by concentrating our efforts can we accomplish great things!

Does this integration not include the financial technology companies of Ruixiang and Yimin? "

"Not included," Zhang Yida shook his head, "Considering the policies and the fact that financial companies are prone to transmit risks, they cannot be merged into a new group."

"Doushi and Pinduoduo can form a complementary business. If we travel for Huimin, it seems that there is not much complementarity and correlation with them."

Huang Xiaofeng felt a little uncomfortable about the sudden number of mothers-in-law on his head.Especially this mother-in-law can't bring any benefits to Huimin's travel.

"You're not willing!" Zhang Yida laughed, "How long will it take to make a profit according to the loss method of Huimin Travel? Or if you don't make a profit, you can survive on your own."

Huang Xiaofeng stopped talking. The total financing before and after Huimin's trip was as high as 30 billion US dollars, but he still hasn't taken off the hat of loss.

In fact, Huimin travel is also very hard. It also cooperates with Ruimin Wealth Management in financial diversion, and also engages in aggregation taxis and ride-hailing. It has used many methods, but there is no way to make a profit.

As for the reason?Very simple, too heavy assets.

For example, in game companies, with hundreds of programmers and some servers, they can create a game that attracts money, with a single monthly revenue of hundreds of millions.

As for Huimin travel, tens of millions of bicycles need to be depreciated and maintained, and an offline dispatching and operation team of more than 2 people must be assigned to these bicycles.

"Let's stop talking! We integrated Huimin travel in order to pool resources and see if we can bring Huimin travel to profitability."

Huang Xiaofeng asked again: "Would it be possible to make a profit by merging?"

"How do you know if you don't try it? You have to believe in the power of ecology."

"Hey, why didn't Pet Holding Group integrate in?" Huang Xiaofeng suddenly remembered this company.

"Although Petro Holding Group has Internet e-commerce business, it is actually a traditional company, and also has manufacturing and hospitals.

It's just using the Internet to promote and expand customers, which can be regarded as a transformation case of an offline company embracing the Internet.

Its core is different from our new group. "

"Mr. Zhang, whatever you arrange, we can do whatever you want on Douvision, and we have no objections."

Zhang Lan expressed his position at this time, and set a judgment against Huang Xiaofeng, who is "love for power".

Zhang Yida gave Zhang Lan an appreciative glance, and said, "Don't worry! The establishment of the new group will only make Douvision better and better."

Among the three companies, Doushi and Pinduoduo have expressed their views, and Huimin Travel has not expressed their views.

Huang Xiaofeng reacted quickly, and immediately said: "Our Huimin travel also agrees to merge!"

"Okay," Zhang Yida nodded in satisfaction, "All of us must work together to build the new group well.

I set a goal for the new group, that is, the advertising business surpassed Qiandu, the e-commerce business surpassed Goudong, and the travel business surpassed Didi! "

Everyone was excited when they heard it. This is the "B" and "J" that clearly wants to surpass BATJ. If it is really done, it will definitely be the third pole of China's Internet.

However, Qiandu, Goudong, and Didi are not easy to deal with. This "third pole" dream still has a long way to go.

"By the way, Dr. Lu Qi will be the CEO of the new group!"

After speaking, Zhang Yida observed everyone's reactions.

Sun Yutong behaved very calmly, he is an angel investor of Pinduoduo, and currently he is just advising Zhang Yida as a consultant.

No matter who is the group CEO, it has little influence on him.

At present, Pinduoduo’s CEO is concurrently held by Zhang Yida, and Sun Yutong has repeatedly suggested that Zhang Yida hire a full-time CEO.

Zhang Yida wanted him to be the CEO of Pinduoduo, but was rejected by Sun Yutong.

He wanted to prove his ability to the old horse, but he didn't want to be too high-profile, so he was conflicted.

"I have no problem. Dr. Qi Lu can go from an ordinary engineer of IBM to the positions of vice president of Yahoo and vice president of Microsoft. There must be something special about him." Sun Yutong was the first to stand up again.

"I'm fine. Dr. Lu Qi has experience working in large international companies. His experience will help us go international more smoothly."

Only Huang Xiaofeng remained silent. He actually had some ideas about the CEO of the new group.

He knew that although he was an entrepreneurial veteran, he couldn't compare to Lu Qi in terms of qualifications, fame, and flattery.

Huang Xiaofeng said: "I have no problem, Huimin Travel will cooperate with Dr. Lu Qi to carry out the work."

Zhang Yida said lightly: "The establishment of a new group and the integration of resources will involve a lot of job changes and profit distribution.

I hope you can obey Lu Qi like you obey me, and don't do anything that hinders you.

Although the combined valuation of the new group is nearly 200 billion US dollars, we are far from the time when we can rest easy.

In the past, there were various giants lying in front of us, and in the future, many start-up companies are eyeing us.

Therefore, we must not relax! "

"Yes~"

The three of Huang Xiaofeng replied.

"What's the name of the new group?" Zhang Lan asked.

"How about Douhuipin Group?" Zhang Yida replied casually.

"It's too ugly, Mr. Zhang, can't you choose a nicer name?"

Zhang Yida looked at Zhang Lan and said with a smile, "What's the matter? What's wrong with the name? Isn't it called "Xinmei University" after the merger of Meituan and Dianping?

58 plus the same city, it becomes 58 the same city; Youku plus Tudou, is Youku Tudou. "

"Everyone is a merger of two companies, we are three, and the name is too long.

Three people form a group, working together, we call it "Zhonghe Group". "

Zhang Lan couldn't stand it anymore, so she helped Zhang Yida choose a name for the new group.

"Zhonghe Group~"

Sun Yutong repeated it a few times, and then said with a smile: "This name is fine, simple and easy to remember!"

Huang Xiaofeng also nodded, "I also think it's okay, it's better than "Dou Hui Pin" or "Hui Dou Pin" or "Pin Hui Dou"!"

"That's fine! Let's call it Zhonghe Group!"

Seeing that Zhang Yida had adopted his suggestion, Zhang Lan showed a satisfied smile.

"By the way, Mr. Zhang, Huimin Travel's B+ round of financing and gambling agreement has expired. We need to re-divide the shares with investors."

Huang Xiaofeng suddenly remembered something, and quickly reminded him.

"Oh, this is it!"

Zhang Yida also thought of the VAM agreement at this time, so he said: Well, you can make an appointment with the investor and clarify this matter before establishing a new group. "

……

The next day.

Huimin travel company.

Softbank, GIC, Warburg Pincus, Silver Lake Capital and other four B+ round investment institutions all came to the conference.

Huang Xiaofeng handed a report to each of the major venture capital representatives, and said, "Dear investors, the one-year gambling agreement signed between Huimin Travel and you has expired.

This is the result of statistics from Jiguang Big Data and Analysys Data. Huimin Bike has a share of 915 million shared bicycles, accounting for 83.2% of the industry's market share;
Calculated in terms of daily cycling orders, last month we accounted for 4110% of the industry's market share with 81.6 million daily cycling orders, and this share is still increasing.

According to the VAM agreement, as long as Huimin Bike reaches 80% of the market share, or breaks even, the VAM will be considered complete.

Now that all our indicators account for more than 80% of the industry, the VAM terms are considered complete! "

Smith, representative of Warburg Pincus, said with a smile: "Mr. Huang, from a rigorous point of view, the authenticity of this data needs to be tested by a third-party agency."

"This is natural. Our data is very accurate, and you can test it any way you want."

Huang Xiaofeng changed his voice, "However, we also need to hire a third-party agency to supervise each other."

"OK, I like to be straightforward, and it's the most boring to go around."

Smith is an American, so it is more naked to talk about business.Just as he was afraid of the fraudulent management of Huimin Travel, Huang Xiaofeng was also afraid of investors buying third-party testing agencies.

After all, it involves 1.2 million US dollars of equity betting rewards, and it is not easy to test human nature because profits come first.

"Okay! Then let's hurry up and finish this job!"

Huang Xiaofeng said again: "In addition, Mr. Smith, please stay in the capital for two more days, and Huimin will hold a general meeting of shareholders when traveling."

"Why? Do you have something else to announce?" Smith asked curiously.

(End of this chapter)