Chapter 182: Conquer the Iron Throne

"What's going on today?"

"I don't know."

"Didn't you say that the publicity director of Wanli Travel is your good brother, who was the first to get the news before, and even you don't know this time?"

"Asked, don't let me say, anyway, I'll know in a while."

"The Mysterious ......"

Smoking is sometimes a social skill, and I don't know why the gossip between women in TV dramas always happens in the bathroom, and the men exchange information mostly in the smoking area.

A middle-aged reporter with a big belly extinguished the cigarette butt, and when he returned to the room, he found that his young apprentice had already grabbed a place and set up the machine.

"Master, what news did you say was announced today?"

"How do I know?"

The middle-aged reporter didn't hear the news in advance, and he couldn't pretend to be forced in front of his little apprentice who had just entered the industry, so his tone was not very pleasant.

He smoked a cigarette, and now that everyone is almost there, the management of Wanli Travel, led by Lin Yi, appeared on the stage in unison.

Even reporters who didn't pay much attention to the taxi industry or the company before can recognize it as long as they have done their homework before coming.

"It's not a small battle."

A host walked out of the stage to control the order of the scene, and then spoke:

"I invite all media friends to come over today, there are two important things to announce to the public, first of all, I would like to invite Ms. Jianni Liu, the CFO of the company."

Jianni Liu took the microphone and said neatly: "I am honored to report to you that the company has recently completed the latest round of financing of $2 billion. ”

"As always, we would like to thank all investors for their support, especially the ...... of Factory A, which continued to lead this round of financing."

When the people in the audience heard the keyword of $2 billion, they didn't care about the clichΓ©s behind her.

"Another billion again!"

The little reporter seemed very surprised to hear this amount, and the middle-aged reporter felt that his reaction was shocked, and he commented very much in the world:

"2 billion is not much, when Uber took $3.5 billion not long ago, Liu Qing of Dudu once publicly commented that it was just so, which is to imply that their next round of financing may be above this."

The little reporter still said excitedly: "But the last round of financing was at the beginning of this year, which means that the company's financing amount has reached 4 billion US dollars since 2016!" ”

After his reminder, it seems to be true, but the middle-aged reporter quickly reacted, when will it be Lao Tzu's turn to teach a hairy boy a lesson?

"Do your job well, you should think about whether you can get valuable news if you interview the other side about this matter."

Change source app, view the latest chapters of the book on multiple sites at the same time. 】

The little reporter didn't dare to refute anymore, and he looked like he was being taught.

After announcing the news, Liu Jianni did not give the media a chance to ask questions, and directly returned the microphone to the host.

The media in the audience were also very patient, and they remember saying at the beginning that there were two things to be announced, and usually the second thing is more important than the first.

At the same time, they are also curious in their hearts, the financing of $2 billion is indeed good news, and it is worth talking about it specifically, but what is more important?

The second news was announced by Lin Yi, and he didn't sell it, but what he said in a calm tone made the audience in an uproar.

"We announce that Wanli Travel has reached an agreement with Xindudu, and the two companies will merge with immediate effect. The merger has received extensive support from the shareholders of DUTO, especially the goose factory......"

"it!"

Financial media that have a good understanding of the trends in the ride-hailing industry and even the entire Internet industry in the past two years will not be surprised by the merger itself.

But the problem is, without warning.

And according to the balance of power between the two companies, if Liu Qing sat on the stage today and announced the merger of Wanli Travel, they would not be so surprised.

What qualifications does Wanli Travel have to merge with each other?

Liu Qing didn't show up today, none of her subordinates appeared, if it weren't for Lin Yi personally saying the news in front of everyone, many people would probably laugh it off as a rumor.

"Great!"

Compared with other people's surprises, the young reporter simply expressed his surprise and attracted the attention of several peers around him.

His master was angry and asked, "What are you happy about?" ”

The little reporter replied excitedly: "Didn't you listen to him?" After the merger, the users and data of the original Dudu taxi and Uber apps will be unified into Wanli Chuxing, and then the two apps will be maintained for a period of time before ceasing to operate. ”

"Dudu took a taxi and Liu Qingkong's unprecedented rout, this is the punishment of public opinion for them, the glory of our media people, and the sanction of justice!"

Of course the others know what he's talking about, it's only been a few days since the hitchhiking thing, but to say that two dead people can bring down such a company?

Middle-aged journalists can judge from experience that this is impossible.

"Don't dream, I'm sure Wanli Travel doesn't know how many transactions they have made in private, and how different they can be......"

Speaking of this, he suddenly thought about a question, and suddenly realized: "I know why they raised money first, because the previous valuation was not enough!" ”

This guess is correct.

Since 2014, the valuation of the ride-hailing industry has basically doubled every year, which is in line with the growth rate of business scale.

This time, Wanli Travel raised 2 billion US dollars, and the post-investment valuation has reached 18 billion US dollars, which was barely reached after the hitchhiking incident, when many users flowed in from the opponent's side.

In this merger, the two sides were integrated in a 1:1 ratio, which is actually a loss for the other side, because the valuation of both companies and Uber has reached $20 billion when they merge.

The reason why investors agreed to complete the merger in a slightly undervalued way is by no means willing to bear the price of hitchhiking and business damage.

Lin Yi paid great sincerity, and he made two promises.

The first is to raise the post-merger valuation to a new level in the next round of financing, ensuring that investors who have invested in any previous round of shares will not incur paper losses.

The second is that from next year, that is, in 2017, the combined Wanli Travel will be profitable for the first time in the full financial year.

On the day the news was announced, at least dozens of mainstream investment institutions celebrated, because the merger meant that the three-year war in the ride-hailing industry finally came to an end.

Who won?

What's the matter, the important thing is that you finally don't have to burn money anymore!

Lin Yi did not accept additional interviews after announcing the two news, leaving a group of reporters who were still in the dark and left first.

Some of the clever ones immediately contacted another party and confirmed the news of the merger before they dared to believe it.

The middle-aged reporter later rejected the little apprentice's "just sanctions" and other messy descriptions, and gave a professional report.

"The smoke of gunpowder is gone: the dust of the taxi war has settled, and the new king of thousands of miles of travel has ascended the throne".