Chapter 122: What You Do, What I Do
After signing the contract with Xiao Tang, Zhao Zejun returned to Jianwu City.
However, there is a place in the contract that people do not understand, Zhao Zejun does not hold the shares of Capital Xiaotang Technology Co., Ltd., nor is it a 100% controlled stake in the parent company of Xiangjiang, but a company registered in the Cayman Islands with a similar name. This company owns 100% of the equity of the parent company of Xiao Tang.
This is a relatively common equity VIE structure, which simply means that it is controlled by overseas companies at all levels, in addition to the benefits of tax avoidance and hiding the identity of real shareholders, you can also fully enjoy the benefits of domestic subsidiaries without directly bearing the liability risks of subsidiaries. Many first-tier Internet companies in China, including Zelianke, have adopted this method to a greater or lesser extent.
After making money, the overseas parent company has a lot of money, and if something happens, the person in charge of the domestic company will carry it.
In the next few years, the development idea of Xiaotang, or Didi Dache, is very simple: by burning a lot of money in the early stage, squeezing out competitors and squeezing market share, so as to achieve oligopoly, formulate market rules, and obtain excess profits.
Judging from the historical experience of Zhao Zejun's rebirth, Didi Dache has completed the first few steps well, but the last step of 'excess profit' seems to be far away.
The water in this is too deep, even with the memory of Zhao Zejun's previous life and the experience of this life, it is impossible to judge 100% where Didi's future is.
It could really skyrocket, or it could plummet, bursting the bubble and becoming the biggest mess in the country.
Therefore, Zhao Zejun is not ready to participate in the later war of smashing money and burning money, and will not participate in any round of financing.
Zezi has eaten the biggest cake of the A round of financing, and some of the 40% equity will make a profit in the continuous appreciation of Didi, and the other part will hold it in his hand and take a wait-and-see attitude, that is, he can enjoy the big data achievements of Didi Dache, and he can sit and watch the situation without getting dusty.
……
Because the current scale of the small orange company is too small, there are countless such small companies in China, and Zhao Zejun himself is deliberately low-key, so Zezi's investment in Xiaotangi has not received much attention, strictly speaking, there is no media attention at all.
Xiao Tang was very competitive, did not disappoint Zhao Zejun, and in less than three months, he had already killed his previous biggest competitor Shasha, and after squeezing the other party's market, he bought it at a very low price.
It's fast. The size of both sides of the competition is too small, and a predator like Zezi moves his fingers behind the scenes, and one side is about to capsize, but it can also be seen from it that the methods of Xiao Tang Chen Wei and others are sharp.
This time, Xiao Tang not only killed the opponent, but also completely opened the capital market, becoming the largest and only online ride-hailing platform in the capital.
Almost exactly the same development route as in his previous life, Chen Wei immediately set his sights on the Shanghai market, steadily expanding the capital market, and at the same time sending the main force to capture the Shanghai market.
The idea of taxi software is not the first of Chen Wei's creation, several big cities in China have begun to do it, and the largest taxi software in Shanghai is Bumblebee.
Bumblebee's size is not comparable to the shaking of a few months ago, with tens of millions of funds available.
This time, it is impossible for Zhao Zejun to help Xiao Tang play a monopoly, and the only support he can give is the current advertising of Zeye Plaza in Shanghai.
Xiao Tang is no longer in its infancy, relying on a few billboards to bring traffic is far from enough, and with the development of Shanghai business, the publicity of several commercial centers is at most to open the initial situation for Xiao Tangerine, which is not enough to become a hole card to fight with Bumblebee.
At this time, Chen Wei showed his extremely aggressive side: he immediately opened the second round of financing.
Xiao Tang's B round of financing has finally attracted the attention of the media.
Because the investment company is so famous.
When Zhao Zejun learned about the whole process, he couldn't laugh or cry.
The two founders of Xiaotang were born in Ali, and when they were in the first round of financing, the two naturally thought of Ali. It's a pity that Xiaotang was not in the climate at all at that time, and Chen Wei didn't even see Ma Yun's face, so he was rejected by the head of Ali's investment department.
This can't be blamed on Ali's lack of vision, Xiao Tangerine at that time really didn't look promising.
However, when Xiao Tang gained a foothold in the capital, became an important prince in the domestic online taxi market, and entered the Shanghai market with great fanfare, the eyes of Ma Yun and many Internet tycoons began to invest in this market.
It is said that Ma Yun originally wanted to invest, but when she learned that Zhao Zejun had drunk the first round of soup, she decisively gave up the project, but started a new business in Hangzhou and looked for another company in the same industry to support.
Ma Yun didn't vote, but someone did. Tencent took the initiative to find Chen Wei, and Ma Huateng directly took out 100 million yuan and smashed it down.
Ma Huateng and Zhao Zejun, Zezi and Tencent, have become the major shareholders of Xiaotang, and can even be considered the behind-the-scenes bosses of Xiaotang, although both of them have given up decision-making power, but the total shares together have exceeded half.
Zhao Zejun once envisioned that "all emerging industries are dependent on the old overlord" era, the beginning of the dawn.
The investment of well-known large companies is a kind of invisible and powerful propaganda, Zhao Zejun A on investment is the most profitable round, he is low-key, Ma Huateng is not willing to be low-key, and Alibaba's Ma Yun also seems to see the future prospects of this market, and together with Tencent, secretly began to speculate.
These two companies made efforts at the same time, and in a blink of an eye, 'online taxi' became inexplicably popular and became one of the hottest new fields at the moment.
Other influences are not too obvious for the time being, Zelianke's WeChat payment has quietly become a big winner, whether it is a driver or a passenger, as long as you use taxi software to take a taxi, you have to use online collection, payment function, the most convenient of which is naturally WeChat.
Ma Huateng has probably made up his mind, what Zhao Zejun does, I will do, Tencent followed up and launched the QQ support function.
This function is not in the previous life, QQ and WeChat are Tencent's products in the previous life, it doesn't matter if there is a conflict, but in this life, Tencent without WeChat, vaguely can not keep up with the times, step by step, step by step, this is almost a complete imitation of the function of WeChat payment, after the launch, under fair competition, but completely unable to catch up with the market share of WeChat payment. According to the data feedback from Xiaotang, more than 90% of users have chosen WeChat instead of QQ.