"It's finally the last round."

Lin Yi was also very emotional when he said this, because the competition pattern of the taxi industry in the past few years has been too tortuous.

When he entered the game in 2013, the top three at that time were Dudu, Kuaidu and Shencheng's Dahuangfeng, and Wanli Travel acquired the latter and took its place.

In 2014, the main competitors were Wanli Travel, Dudu and Kuaidu, but the rankings changed after a subsidy war.

At the beginning of 2015, Dudu and Kuaidu merged to achieve overtaking, but soon Uber entered the market in a big way, and it is still a three-point pattern in the world.

In 2016, even Uber, the super unicorn with the strongest financing ability in history, couldn't hold on, and the two rivals of Wanli Travel merged again.

In this game, we finally reached the finals.

"But at present, our situation is hardly optimistic, and the company that Liu Qing is in charge of after the merger, which she calls the existence of Xindudu, is indeed an opponent that we have never faced."

"After the merger, the valuation of Xindu will most likely reach $20 billion, and the cash reserves are expected to be more than $4 billion, which is almost twice the size of us."

】

"How are they going these days?"

Focusing on this merger is Li Moyan's main work recently, and at this time she explained: "The merger of the two companies is still in progress, and the process will continue for some time with their current scale. ”

"From the perspective of the system, it is almost too complex, and it is unlikely to be dismantled and merged into Uber, but only the other way around."

"However, in terms of the team, this time Liu Qing did not cut a single person like the last time she merged with Kuaidu, and she retained a large number of original Uber personnel."

Uber's own product line is very clean, unlike everything that is fast, even having to do any bus, and competing with the bus for business.

And after all, the volume of Dudu Kuaidu in China is several times that of Uber, and it is not surprising that the former is the mainstay.

As for the team, Lin Yi speculated on his own: "Although Liu Qing started his own business efforts in Dudu after he came out of Goldman Sachs, he may still be more accustomed to and favor Uber's corporate culture." ”

What is Uber's corporate culture?

Elitism at its finest.

Li Moyan added: "Even so, there are still many former Uber employees who can't stand the merger with Dudu Kuaidu and choose to leave. ”

"This merger with Uber is just to take its name, and all of them are fast or Liu Qing himself takes the fact, Uber's employees are all smart people, and most of them have beautiful resumes, so they simply resigned."

"We have the right people if we need them, but then again, if they don't look at Dudu, they won't necessarily be interested in us."

The selection and recruitment principle of Wanli Travel is that internal promotion takes precedence over external introduction, unless it is incompetent, so the backbone of the management team so far is still the entrepreneurial group, and the advantage is that the cohesion is very strong.

Lin Yi was not interested in these people, and continued to ask, "How are the businesses of the two companies arranged after the merger?" ”

Li Moyan said: "The most important thing is that the customers on both sides are connected to each other. ”

"For the time being, the Uber app has not been directly closed, but it is obvious that it is draining traffic in the direction of Dudu Kuaidu, and similar product lines have been directly merged, leaving only two entrances."

"In addition, Liu Qing also plugged the leak of Uber, and the original subsidy has not decreased, but the difficulty of swiping orders has become higher."

Uber is not very down-to-earth in localization, and there are few people in the first place, so its previous subsidy measures have left a huge space for swiping orders.

The so-called swiping is that passengers make an appointment with the driver in advance to deceive the platform of subsidies for both drivers and passengers by pretending to complete an order instead of a real pick-up.

According to statistics, more than 10% of Uber's subsidy amount may not be paid normally, but by professional swiping gangs.

Although Wanli Travel and Dudu Kuaidu are also facing the problem of swiping orders because of large subsidies, they are more effective in countermeasures in this regard, so they are less affected.

In this matter, even if they don't personally go out to contribute to the fraud of uber, at least they are happy to see it.

"Now that Liu Qing has taken over Uber, he naturally won't let this situation continue, and it's only a matter of time."

"According to the experience of the previous merger, it is estimated that the aftermath of this merger will pass within a month or two, and then we will be facing a real new capital."

"Well, Liuqing's new capital."

Lin Yi didn't have too much fear when he confirmed this, but a kind of ease of boots landing on the ground, and he had a hunch that this should be the last encounter.

He knows very well what Liu Qing is good at, and he has indeed gained the upper hand in this regard, so there is nothing to be afraid of.

"There's one more thing to keep in mind."

Li Moyan added, "Lin Yi, I think Cheng Wei's encounter with this exit is also a revelation for us, and we also have to pay attention to the security of our control, and it is not ruled out that Liu Qing will repeat his old tricks." ”

Before the latest round of $2 billion led by Factory A came in, Lin Yi never worried about the issue of control, which was his advantage over Cheng Wei.

However, after this round, even with the shares of senior sisters and other management, their equity shares have fallen below 50%.

In fact, for a unicorn at this stage of development, the proportion of equity held by Lin Yi and the entire management team is not small.

However, the senior sister's reminder also makes sense, this kind of thing must be prevented, after all, Cheng Wei didn't expect this to happen before Liu Qing's trouble.

"When you say that, I really think that Factory A's investment this time is a bit suspicious, because they don't seem to have withdrawn from the capital after investing in us."

Although Lin Yi talked about it like this, he never believed that Liu Qing could instruct Factory A to pay 2 billion US dollars to be an undercover agent for her.

Unless Majack is her real father.

"The current situation is still relatively favorable for us, with our shareholdings, as long as we can pull any major shareholders to support us."

"And if Liu Qing wants to use our brains in this regard, almost all the shareholders will be pulled to her side, which may be more difficult than what she is doing faster than Cheng Wei."

"In any case, we still make some preparations in advance and handle the relationship with investors in advance, so as not to be caught off guard by her salary draw."

Lin Yi thought about it in his heart, although Wanli Travel hung up the signboard of Factory A after the latest round of financing, the relationship between the two parties is not close, otherwise he would not have been rejected by Majack in the first place.

Factory A gave this money, not so much as the support for Wanli Travel or Lin Yi himself, but rather a punishment for all of them.

At this juncture, if you want to say who is most likely to firmly support him, the candidate Lin Yi can think of is really not Ma Jack.

Find a bear factory.