Age of Dreams

Vol 2 Chapter 2863: Uber's globalization

As the economy declines more and more, people's needs will change.

For example, I used to not care much about choosing a place to eat out, but now I will open the chosegirl app before going to eat to see which restaurants nearby are cheap and good, and there are discount coupons to buy, how can it be more cost-effective.

For example, in terms of travel, although the price of oil has not risen much, factors such as parking fees and road congestion will still increase the burden.

As a result, uber, which is cheaper and more convenient than taxis, is becoming more and more popular.

After occupying 20 large cities in the United States, Uber is not only advancing to medium-sized cities in the United States, but also to the megacities in Europe. The market share continues to grow and the number of employees soon exceeds 2,000.

Compared with the Uber of the previous life, Xiao Qi's Uber pays much attention to communication with the city where he is located.

Not only did we earnestly negotiated basic insurance with the insurance company, but also actively donated a large amount of business income to the transportation department, widows relief fund, etc. So far, basically 40% of the business income is spent on this. .

As a result, Uber is now losing more than 20 million U.S. dollars every month.

But the effect of doing so is very good.

With the approval of the insurance company, these drivers can drive with peace of mind, without worrying about the distinction between "operation" and "private use" after wiping.

Donated hundreds of millions of dollars to the transportation and transportation departments of various cities to increase their budgets to maintain public transportation. It cannot be said that they give the green light to Uber, but at least it will not be too targeted at Uber-people don’t have anything. I'll give you money if I say it, and it's available every month. Even though the money is not as much as that of a taxi, people still want to get it. I'm so embarrassed to do everything, right?

There is also a donation to the city’s widows relief fund, which has greatly improved Uber’s social image and made the public know Uber is a very socially responsible company, so that they like Uber very much. When the government and relevant departments want to deal with Uber, many people will definitely stand up and complain about Uber.

In European and American countries. If there are too many protesting crowds, the government will definitely have to think carefully about whether this will outweigh the gains.

The last point is that in all large cities, especially large cities, traffic problems have always been a headache for managers.

Nowadays, the emergence of uber can not only greatly reduce the travel of cars, but also send passengers to where they want to go easily and quickly, which is of great help to alleviating urban congestion. In some ways, they can be regarded as helping the government.

With all these factors, Uber's development will be so smooth, at least for now.

The investment community has not been optimistic about Uber because of its huge monthly losses. In fact, Royal Bank of Scotland has given Uber a super-excellent asset rating. Not only does it contact Uber to buy shares, but also actively recommend Uber to investors. Call it a company that "can change the world."

Give such a high evaluation. Of course not only them, many banks and investment industries. They all admire Uber and pay attention to Uber all the time. Once its shareholders have the intention to sell shares, then these people will take it without hesitation!

At the end of June, Uber's average valuation reached 35 billion U.S. dollars, which is a 40% increase over last year.

If it is calculated according to the transaction price. It takes at least 40 billion U.S. dollars to buy Uber's shares.

Now Uber has a lot of shareholders. First, CEO Liberty owns 1% of the shares, the operation and marketing team is 2%, the technical team is 2%, and the Steinbrina family who sold the New York Yankees to Tang Mingxiang has 6 %. ITOCHU Corporation owns 15%, and Xiao Qi holds the remaining 74%.

But in the face of many large companies buying shares at a valuation of 40 billion U.S. dollars, none of these shareholders are willing to sell.

Needless to say, uber’s management and operations team are all dedicated to making the company bigger. As for making money, wait until the listing.

The Steinbrina family will not sell it. They sold their New York Yankees, just to find an asset that is closer to the times than the New York Yankees, and has long-term long-term profitability. Now it looks like Uber. No money, but the future prospects are simply broad, at least able to reach a market value of 80 billion US dollars, which is much more profitable than the New York Yankees.

ITOCHU does not mind selling Uber’s shares, but this is limited to more than 100 billion U.S. dollars, and there are other benefits to them, otherwise ITOCHU will not give up this golden egg hen.

In fact, a more mainstream view in ITOCHU Corporation is that Uber can greatly enhance ITOCHU Corporation's investment image, and there is no need to sell it to others. ITOCHU Corporation is not short of money anyway.

Many fund companies and angel investments have closed their doors on them, so everyone can only put hope on Xiao Qi.

This is because since ITOCHU bought 15% of the shares this year, there has been news that Xiao Qi is interested in making Uber the first company listed in the United States to land in the United States.

Although I don't know the authenticity of this news, compare Xiao Qi's stinginess with other companies and continuously sell Uber's shares. It is really possible to go public.

This year, when the New York Financial News selected the company with the highest growth rate in the next three years, Uber was among the top. In addition to Facebook's stable stabilization of its head, Uber is the next company that can enter the $100 billion market capitalization club.

Think about the original Google!

If Uber’s financing and listing can be made successfully, how many people can make huge profits in it?

Capital is profit-seeking.

Now Uber’s valuation is only 35 billion U.S. dollars, which is far from 100 billion U.S. dollars.

Besides, although 100 billion US dollars is the end of uber?

Think about it. How big is the impact and profit of taxi companies in major cities around the world?

Perhaps 200 billion US dollars can be achieved, right?

Therefore, everyone also wants to get a share of the pie and contact Xiao Qi through various methods, hoping to get the Uber shares in his hands.

When the relationship is good, I call and ask directly, and the average relationship is intriguing...Anyway, as long as Xiao Qi is willing to sell the shares, then everything is easy to say.

Xiao Qi is really interested in wanting to list Uber.

The reason is that Uber does business all over the world, and it is working against taxis. In front of many legal issues and city rules, there will be great obstacles.

Even if Xiao Qi has made a lot of preparations now, if he has been eating alone, maybe many people will stand up and add difficulty to uber.

Therefore, it is still the same as before. Bring some rich people from all over the world, and then tie up the interests of thousands of investors, so that the government will not be easy to embarrass.

Another advantage of listing in the United States is that the United States is very short-sighted. If its company is bullied outside, it is not used to complain, and they just come to the door: What are they doing, what are they doing, what’s wrong, why To target my American company, do you want to artificially create trade barriers? Should there be protectionism? Are you impatient? ...

Anyway, after such a mess, many countries really can't stand the hooligans of the United States, and in the end they have to let go.

Fancy these benefits, but it does not mean that Xiao Qi wants to buy shares in a hurry.

Others know that Uber's market value can reach 100 billion, don't Xiao Qi know it?

Therefore, Xiao Qi also intends to sell the shares at a valuation of 60-80 billion.

According to the current development trend of uber, this goal can be reached at most in 2013-if the development speed is in line with expectations, it is possible to reach such a high valuation even during the 2012 London Olympics.

As for how much to sell, Xiao Qi thinks that before going public, he can hold 40% of the shares. Then, when the shares are diluted, 25%-30% of the shares in his hand are the most suitable.

It is also the largest shareholder, with the greatest rights and interests, without letting other shareholders think you are too domineering.

After all, it is a listed company, you still hold 70%, 80% of the shares, that is simply the monopoly intention is too obvious.

In this way, in addition to about 30% of the shares, Xiao Qi can cash out at least 30 billion U.S. dollars in his hands. Compared with his 2 billion investment in Uber over the past few years ~ www.readwn.com ~ is simply a profit. Can't make any more!

Speaking of it, the current era is different from before.

When Google went public before, it was only a market value of tens of billions of dollars. Wherever it looks like uber, its valuation is now up to 35 billion dollars.

Let's talk about the previous point. When Microsoft went public, its market value was even smaller.

Even the current ibm company has a market value of only more than 100 billion US dollars.

A small uber taxi-hailing software can be on par with giants like ibm, which shows the importance of communicating with the world in the Internet age.

In the past, doing business was only in one city, one region, and at most one or two countries.

But now that online electronics do business in the world, generally, its valuation level will be greatly improved when it comes down. This is also an important reason why online companies are becoming more and more valuable after Facebook's popular listing! (To be continued.) u

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