tkworld Chapter 274 Reverse Ge 1 Strike
Chapter 274 Reverse Ge 1 Strike
Chapter 274
The very fashionable restaurant has a very good view, and the Huangpu River is going eastward in the midst of autumn.At the seat by the window, Guo Lingyu looked at Jing Gao with burning eyes, waiting for his reply.
Jing Gao did not pretend to be profound, but smiled lightly and said, "Okay. I'm waiting for Goldman Sachs' capital to come in."
Goldman Sachs and **** are the top investment banks in the United States.However, times have changed!Now is no longer the time before the 2008 financial crisis when the five largest investment banks in the United States were at the top of the global financial food chain.
Moreover, even if it is, he will not be afraid!
In China, some people frequently cite the reports of Goldman Sachs and J.M. Jr. to figure out what to do with this matter.There are also reports from the three major rating agencies in the United States, how and how.Don't you know they often sing about the collapse of China?
China's economic issues and commercial affairs, you believe the Americans, are you out of your mind?Anyway, he looks down on this kind of financial comprador.
Therefore, Liu Qing should not expect him to kneel down when he hears the word "Goldman Sachs".What about Goldman Sachs?It is nothing more than controlling the hurdle before the listing of the US stock market!Who are you scaring?When you put Didi on the Nasdaq in the United States, believe it or not, I have already killed Didi in China?
Guo Lingyu spoke very highly of Jing Gao.After meeting in Shencheng last time, she realized that she must maintain a good relationship with Jing Gao.At this moment, I wanted to persuade Jing Gao, the energy of Wall Street's financial capital is terrifying.But after thinking about it, he smiled and raised the goblet, "Boss Jing, domineering!"
Jing Gao just laughed, "Miss Guo, your ass is completely crooked." He raised his wine glass and touched her lightly.
Guo Lingyu smiled lightly, with bright eyes and bright teeth, and a charming smile, and said: "Mr. Jing, I am only entrusted by Jean to pass on the message in a private capacity. This does not mean that I am on Didi's side. I appreciate you very much. Answer. I think it is better for you to own Uber as a business than you to own shares of Didi.”
This is more honest.
Jing Gao nodded with a smile, and said, "Miss Guo, please help me send a message to Mr. Liu. My original intention remains the same, and I am still willing to acquire Didi. In addition, if any shareholder of Didi wants to withdraw, I am willing to follow the Didi’s latest valuation of 335 billion U.S. dollars in September was purchased at a price.”
"Hehe." Guo Lingyu said with a smile: "Mr. Jing, I will bring the words. However, you are continuing to compete with Jean! Moreover, the investor on Didi should have signed an agreement and cannot sell the shares. To Didi's competitors."
Jing Gao said: "So, let the shareholders of Didi push Didi to merge with Uber." He has to consider the withdrawal of Didi's state-owned capital.
Guo Lingyu leaned her elbows on the dining table, looked at Jing Gao with her wonderful eyes for a few seconds, then smiled, sipped her red wine, and said seriously, "Boss Jing, you are going to kill Didi!"
How could she not understand Jing Gao's business strategy?We must know that Uber (China) currently has the upper hand in the market.The subsidy war continues, and $335 billion is likely to be the highest valuation of Didi.
If Jing Gao is willing to acquire Didi at this price, many investors will be satisfied.I will not resent or blame Jing Gao at all.
Then, here comes the crux of the problem.Neither Uber nor Didi's management is willing to relinquish control of their respective businesses.However, Uber is dominated by Phoenix Fund, and Jing Gao alone has the final say.Cheng Wei and Liu Qing have the final say on Didi.Capital has the final say.
Moreover, Uber currently has the advantage and can drag on.How did Didi drag it?The longer the delay, the lower the valuation will be.
Inoko smiled and sipped his red wine.Chatting with smart people is comfortable!It is even more comfortable to chat with a smart and beautiful big beauty.His eyes flicked from the collar of her pink shirt.This woman is fierce.
"Hey..." Guo Lingyu came to her senses at this moment, sat up straight with one hand covering her neckline, cast a reproachful glance at Jing Gao, and then invited generously: "Mr. Jing, this meal is almost finished. Let's go upstairs Have some more drinks at the bar? I heard that the view from above is very nice.”
I think the scenery just now is very good.Jing Gao smiled inwardly, and declined, "Miss Guo, let's wait another day. I'll treat you to a drink after we finish talking about the business."
Obviously, Liu Qing asked Guo Lingyu to spread the word, which was the beginning of a series of confrontations and negotiations between Didi and Uber.rather than a summary.His energy must be used on business, instead of relaxing his vigilance now, going to drink with Guo Lingyu to enjoy the river view, thinking about how to be a miner, get through the tunnel and expand it.
Guo Lingyu's bright eyes moved slightly, she nodded with a smile and said, "Okay."
...
...
At noon on the 24th, Liu Qing was also meeting "friends".As the financial center of China in Shanghai, Didi also has representatives or principals of many shareholders who live in Shanghai.
The bright sunshine fell on the terrace. Liu Qing was wearing a shirt and trousers and eating French food with Shen Nanpeng of Hongbin (China) and Xie Ying, managing director of Alibaba Capital.
Ali Capital is the strategic investment arm of Alibaba.There are 5 teams.There are 3 in China, 1 in the United States, and 1 in Southeast Asia.The scale of funds exceeds 200 billion US dollars.These five teams report directly to Tsai.
Mr. Cai's name is believed to be known to anyone who is familiar with Alibaba's founding experience.This is the most important assistant of the jackal, and it can be called the right arm.
And Xie Ying, the director and general manager, is in charge of investment in the TMT field within Ali Capital.There are three others at the same level as him in China.
Take Ali's current status in the domestic business community.To be honest, even if Shen Nanpeng is a bigwig in the business world and Liu Qing is Mr. Liu's own daughter, it is impossible for Mr. Cai to fly from the United States to Shanghai to have a meal with them.
Shen Nanpeng pondered and said: "Mr. Liu, do you think Jing Gao of Phoenix Fund will accept your conditions?"
Liu Qing cut the steak gracefully, and said: "From his personal pursuit, he is unlikely to agree. After all, he once bought Uber at a premium of 20 billion U.S. dollars, so it can be seen that he is very optimistic about the online car-hailing business. However, from In terms of his own interests and the actual situation, I think he should accept it. When necessary, Didi can give Phoenix Fund a board member position.”
She met and had dinner with Shen Nanpeng and Xie Ying today, and she also wanted to get the approval of these two people for her merger plan.
Shen Nanpeng nodded slightly.
Xie Ying praised: "Mr. Liu is so courageous! The subsidy war between Didi and Uber really cannot continue, it is completely meaningless. Mr. Liu gave this condition very sincerely. It is okay to give some benefits moderately. "
He is investing.The valuation of Internet companies is sometimes very false.Even the investors and the invested companies jointly let the public raise the valuation.
Liu Qing's plan seems to seriously damage the interests of Didi shareholders.Come to think of it, Didi’s valuation is $335 billion.Merged with Uber for $150 billion.How much benefit do you have to transfer?
Do the math on this subtraction.
But it is not.How much would it cost if Didi exchanged new shares for Uber shares?How much does it cost to issue new shares?The number of shares of Didi’s shareholders has not changed, but the shareholding ratio has been diluted by 50%.However, as long as the valuation of the merged Didi continues to rise, the value of each shareholder's shares will not lose 50%.
So it's a balance point.All investors must understand one truth: it is safe to pocket.It doesn't mean how much you value, your shares can be sold at this price in the end.This is simply overthinking.
According to public information, Uber received a financing of US$2016 billion from Saudi Arabia in June 6, and Uber's valuation was as high as US$35 billion.Therefore, the new Didi still has upward potential in terms of valuation.
Liu Qing can use this method to "kill" Uber, which is a victory!This is to protect the interests of investors.
Liu Qing raised her wine glass and said with a smile, "Mr. Shen, Mr. Xie, thank you for your support."
"Cheers!" Shen Nanpeng and Xie Ying toasted and drank together.
At this moment, Liu Qing's cell phone rang. She checked the number, and it was Guo Lingyu calling. After thinking about it, she answered the phone at the dining table and asked confidently, "Lily, did you chat with Jing Gao?" How is it going?"
Of course, Guo Lingyu would not show her inner tendency in front of Liu Qing. She was entrusted with loyalty, and said with a little emotion: "Jean, Jing Gao rejected your proposal. Make it clear that if Didi wants to introduce Goldman Sachs’ capital went to the U.S. for listing, and he will accompany it to the end.”
Liu Qing's face suddenly turned ugly, and she pursed her lips and said, "So, he wants to fight Didi to the end?"
"That's not true. Jing Gao asked me to convey his thoughts to you. He is still willing to acquire Didi. He also said that any shareholder of Didi wants to withdraw at this time, and he is willing to use the valuation of Didi's financing in September." A stake price acquisition calculated to be worth $9 billion."
Liu Qing immediately realized the purpose of Jing Gao's release of this "news".Can't help but gasp, "Hiss~".She's in big trouble.
After hanging up the phone, Liu Qing broke free from anxiety, looked at the two heads of Hongbin (China) and Ali Capital sitting in front of her, couldn't help laughing wryly, feeling a little dizzy.This is really a slap in the face!
She also said just now that Jing Gao would definitely agree to the conditions she offered from the perspective of interests, but Jing Gao not only refused, but also slapped her in the face.
Shen Nanpeng sat at the dining table and asked with concern: "Mr. Liu, are you okay?"
...
...
Lunch ended in a slightly silent atmosphere.It is impossible for Liu Qing to hide such a big news from the two partners.
Again, Magic City is the domestic financial center.The various networks of connections here are like spider webs.Maybe this time, Uber's shareholders and Didi's shareholders are eating at the same table.I can't hide it at all.
"Goodbye, both of you!" Liu Qing shook hands with Shen Nanpeng and Xie Ying to say goodbye. She came out of the French restaurant on the fifth floor and called her assistant. When she walked out of the shopping mall, a Mercedes-Benz had already parked by the side of the road.
In the afternoon sun, Liu Qing, who was only wearing a shirt and took off his coat, suddenly felt a little cool from the wind blowing from the tall buildings, "Autumn is here!" Sitting in the car, he ordered, "Go back to the hotel."
"Okay, Mr. Liu."
Liu Qing first met with Guo Lingyu to learn more about the conversation between her and Jing Gao.Then she went back to the Ritz-Carlton Hotel in Pudong, where she was staying, and meditated alone in the room for two hours. At [-]:[-] pm, she called Cheng Wei, the founder and CEO of Didi.
"Liu Qing, have you had dinner yet?"
In the luxurious five-star hotel suite, Liu Qing looked at the bright night view of the magic capital outside the window, which was not much worse than Manhattan, New York. Hearing Cheng Wei's voice, a thousand thoughts came to her mind, and she didn't know what to do for a while. answer.
On the phone, Cheng Wei felt something was wrong and asked, "Liu Qing, are you okay?"
Liu Qing's voice was a little hoarse, and she said in a depressed mood: "Mr. Cheng, our... career may be coming to an end."
When she joined Didi, she never imagined such a day would come.When Didi dominated the Chinese market, she never imagined that such a day would come.
This entrepreneurial journey cannot be said to be a failure.After all, it can be sold for 335 billion US dollars.However, Didi was developed and grown by her and the team little by little.Selling, can she not feel bad?However, if it doesn’t sell, can Didi survive?
In the night, Liu Qing finally couldn't help crying.
(End of this chapter)