Reinventing the Millennium

Qi He left quietly, just as he came quietly.

He waved his sleeves, not taking away any clouds in Jiangcheng.

But Du Ji was silent because of him. The silence was the hesitation of whether to invest money or not. The dilemma in the transformation rippled in the minds of the decision-making couple.

Ma Dongmin did not leave, but stayed in Jiangcheng to wait and see the situation.

However, after seeing Li Yongjin's impatience, Qi He's arrival, and the trends in the industry, she was already thinking about how to lower the price.

That evening, Ma Dongmin reported the relevant situation to Li Yanhong, talked about the latest progress, and also talked about his own ideas.

"Dr. Ma, you have done great things since you returned to the company." Li Yanhong couldn't help but sigh with emotion. The competition in the online ride-hailing market is surprising, but the company is sitting on a tightrope.

"Robin, don't you agree with our idea?" Ma Dongmin didn't want to go around in circles and asked directly.

Li Yanhong muttered: "I just think it's a little too hasty."

"Then what do you think we should do? Just sit back and watch as Yike, Alibaba, and Penguin sign the contract?" Ma Dongmin asked, "It's because they are anxious and they want to eliminate us!"

Li Yanhong was silent for a while and sighed: "Don't be so angry, Dr. Ma, you are not as calm as before."

Ma Dongmin took a breath and calmed down, knowing that what Robin said was the truth, and the bigger fact was that in the face of Yike's pressing step by step, who could be so calm and calm?

I used to be a shareholder, but I was managing the family wealth and was an outsider. Now that I am in the game, my thinking, mood and state are different.

Thinking of this, she recounted what she heard from Li Yongjin.

When he opened his eyes, there were 100 million, and when he closed his eyes, there were still 100 million. Under that kind of pressure, Li Yongjin seemed a little manic.

Similarly, not only myself, but also Robin on the other end of the phone, many middle- and high-level employees, and Duji who are facing Yike's approach, how can they be the same as before?

"This online ride-hailing competition is indeed rare, and it is no wonder that everyone is fighting for the results. Now some people say that this is Internet +." Li Yanhong said, "It seems that using the Internet to do traditional industries again, there are It really works wonders sometimes.”

The four major giants have vigorously subsidized, users have tried new things, and many car owners have simply switched to full-time drivers. However, behind the scenes, the taxi industry has suffered heavy losses.

This phenomenon of spreading from the Internet to traditional industries has made many people’s eyes light up.

"Whether it works wonders or not, we must first promote the smooth transformation of Duji." Ma Dongmin said, "Whether it is YBAT or YATY, or simply YAT, it depends on the past two years."

The original four giants have added a substitute with the listing of Tesco. Now Duji is facing severe challenges. If it fails to sustain this wave of competition, it will really not be called a giant in the future.

The only way out for Duji is to hold on to the search and gain business.

Even though Bumblebee, invested by Duji, is at the bottom of the four major brands, this has been one of the company's most influential business developments in the past year or two. The only company that can be tied with it is the equally expensive "Duji Map".

However, the future profitability of "Duji Map" seems to be more difficult than that of "Bumblebee", and the business profit models currently explored by the industry have not performed well.

"That's just a name." Li Yanhong said this, and then said, "Since the situation is forcing it, it depends on how others bid. What are Li Yongjin's more specific thoughts now? If the shares are not in hand, continue Doing operations management?”

"He seems to be a little overwhelmed by the pressure. He plans to take a rest. Few of the people following him will stay." Ma Dongmin introduced the situation and added, "It is better to use our people, funds and resources. If we can cooperate more closely, we may not lose to Yike and the others."

Li Yanhong said "hmm". He was not as optimistic as his wife. Duji's team was good, but not as good as Yike and Ali, but it shouldn't be worse than Bumblebee.

Looking at it this way, money can be used more efficiently, resources can be allocated more reasonably, and team management can be more assured. It seems that the decision-making forced by this situation is not particularly bad.

The husband-and-wife team at Duji's top decision-making level chatted on the phone for a long time. In addition to the online ride-hailing market in front of them, they were also worried about the company's overall situation this year.

Compared with the same period last year, Duji lost 3 points of market share on the PC side, and the market share of this part and other brands was divided by 360 and Sogou.

360 is okay, its way of conquering the world is to rely on the high degree of bundling of the 360 ​​browser, but Sogou... it is very scary, relying on normal publicity and word-of-mouth.

Duji is actually not very afraid of heretics like 360. However, Sogou has encroached on the PC share in a kingly way, and coupled with its continued competitiveness on the mobile side, it has become a serious problem.

"Li Yongjin is so desperate to sell himself this time. Robin, why don't you call Alibaba, Penguin, and Yike to express the attitude of the major shareholders and verify the authenticity."

At the end of the phone call, Ma Dongmin made one last small suggestion.

Her meaning was very clear. Even though Li Yongjin and the others controlled the operation, the major shareholders also had to show an uncooperative check and balance attitude. No matter who took over Bumblebee, without Du Ji's cooperation, they would easily end up with nothing.

"I won't beat Fang Zhuo. He..." Li Yanhong hesitated, "If we talk about the status of the major shareholder, it might arouse his ferocity and make him want to be more chaotic."

Is the person named Fang afraid of chicken feathers on the ground?

The other two companies will more or less weigh the pros and cons. The Yi Ke family has a great business, but because of the competition in search, there may be some bad news floating around in their stomachs.

"Hmm..." Ma Dongmin just changed his mind and agreed, "It makes sense. The main thing is that it is fast. Mr. Lu over there has already met and talked with Li Yongjin once."

Li Yanhong naturally knows the key points.

After he put down the phone, he called Ali's Ma Ren. Although Duji and Ali also had some disputes, they were not as tit-for-tat as with Yike. What's more, it was natural to express the interests of the major shareholders this time.

"I know about this. Mr. Lu has sent someone to ask, but it hasn't been decided yet." Ma Ren heard about the purpose of his visit and said directly without being mysterious, "Mr. Li, Robin, if you want me to tell you, Duji will just hand over the shares directly." Sell ​​it, this market definitely can’t accommodate so many brands, don’t waste your efforts.”

Li Yanhong said in turn: "Mr. Ma, just sell Kuaiyi to us. We will operate it well and strive to become the unshakable number one in the market."

Ma Ren smiled: "Your search has been shaken, but it is still unshakable..."

"We are still a listed company after all, and some companies have been delisted." Li Yanhong countered.

Ma Ren was not touched at all and said cheerfully: "Robin, if this makes you happy, that's fine."

Li Yanhong frowned and wanted to hang up.

I can talk, but I am not really happy, and I know it very well in my heart.

Ma Ren didn't hear the response on the phone right away, so he knew it was probably heartbreaking, and continued to smile: "Du Ji invested a lot in Bumblebee, but to be honest, regardless of the competitive relationship between Kuaidi and Bumblebee, I’m really not optimistic about it, especially now that Li..."

When Li Yanhong heard this, he interrupted loudly: "Can you throw it away? You can see your skills in the market."

Ma Ren laughed, and heard the blind tone before he finished laughing. He didn't take it seriously, knowing that Robin's current situation was not very good, and the trouble caused by Bumblebee this time made it even worse.

The departure of Li Yongjin, the backbone of the Hornet, is likely to damage the foundation. What's more, the competition of the Hornet itself is not superior. However, Du Ji does not seem to have a decent team in this regard.

Therefore, he was quite sincere just now. It would be better for Du Ji to sell his shares directly to Kuaidi, which would allow Ali's Alipay to help take revenge on Yike and let Bumblebee die a worthy death.

Unfortunately, this kind of advice is destined to be ineffective.

No, maybe it also played a role in making Li Yanhong feel upset.

He frowned for a long time after ending the call with Ma Ren, and thought about the matter about Bumblebee over and over in his mind. If the fight didn't have to be so fierce, in fact, taxi-hailing software like Bumblebee and Duji Map were very compatible.

However, too fierce competition is becoming less and less cost-effective.

From his own heart, Li Yanhong preferred to observe carefully rather than make a hasty decision. However, regardless of his wife's opinion, the overall situation did not allow for careful observation.

He was pacing in the living room with his cell phone in hand, always feeling that something was a little rushed.

Li Yanhong's mind flashed to the other three rivals in the online ride-hailing market, thinking about the three giants behind them. After much hesitation, he found Fang Zhuo's number and dialed it using his home landline.

"Hello, hello? I'm Fang Zhuo."

After a moment, he heard a somewhat confused voice on the other end.

Li Yanhong regretted it the moment he heard Fang Zhuo's voice, but still continued the call with a low voice: "It's me."

"Ah? Robin, good evening, good evening." Fang Zhuo became enthusiastic, "Do you want to sell me the record?"

Li Yanhong felt that it was not too late to hang up, but he still wanted to verify the situation and said directly: "Duji is the major shareholder of Bumblebee and will not sell the company to Yike."

"That's it?" Fang Zhuo said in surprise, "I know that Qi He is responsible for such a thing."

He thought for a while and said: "What? Have we reached the critical stage? Wait a minute, I will check the email report."

Li Yanhong really waited patiently.

"Oh, Qi He is very optimistic about Dada's acquisition of Bumblebee and is determined to win. Hasn't he discussed with you, the major shareholder, how to proceed with the acquisition?" Fang Zhuo asked.

Li Yanhong reiterated: "Duji will not sell shares."

"Well..." Fang Zhuo paused for a moment, "I understand, Robin, you are calling me here just to raise the price. Tell me how much you want."

The head of Yike is very wealthy.

However, Li Yanhong is also the head of one of the four giants. Despite the difficulties and challenges he encountered, he still felt humiliated when he heard this tone that sounded like he was reaching out to a poor relative or dismissing a beggar.

He emphasized: "Fang Zhuo, I'm not asking for money, I'm telling you that Bumblebee's major shareholders will not sell their shares!"

"Then what do you want to do? Li Yongjin is about to cash out." When Fang Zhuo said this, he suddenly laughed and said, "No, do you still want to compete for this market?"

Li Yanhong suddenly felt his temples twitching, and asked in a cold tone: "I can't argue?"

"Li Yongjin has been beaten away by you...Robin, I think, sometimes, if you really want to admit defeat, there is no need to be a stubborn person." Fang Zhuo persuaded.

Li Yanhong couldn't see his expression, but he felt his head was swollen. He took two breaths and suddenly said: "Are you irritating me? Are you eager for Duji to take over the Hornet?"

"Robin, why are you still suspicious now?" Fang Zhuo said with a smile, "Well, although Qi He is responsible for this matter, as long as you agree on behalf of Du Ji, I will let Qi He fly to Jiangcheng tomorrow to implement this matter .”

Li Yanhong couldn't figure out Fang Zhuo's current position for a while. He thought about Bumblebee's investment, his wife's opinion, and the importance the four giants attached to the online ride-hailing payment scene, so he could only emphasize it again: " Needless to say, Fang Zhuo and Qi He, without the nod of the major shareholder, Bumblebee will never be sold."

"Really? I'll see if I can place an order overnight and let E-commerce Logistics ship Bumblebee's official seal to me tomorrow." Fang Zhuo said seriously, "Robin, you have to admit defeat when it's time."

Li Yanhong hung up the phone without saying a word. Although he seemed to have obtained some useful information, his constant emotions still made him regret making the call.

After Fang Zhuo heard the call ended, he called Qi He directly and informed him succinctly: "Robin called me. Please go to Jiangcheng overnight."

Qi He, who had just come back not long ago, could only get up from the bed in confusion, and did not ask Robin what he said on the phone. Anyway, he was just doing things and acting.

This time, through Li Yongjin's active internal response, it was actually a conspiracy against Du Ji.

Perhaps, it can also be said that the competition for Duji has become a general trend. Even people like Li Yongjin who took money from it are not optimistic about the future of Duji. They can only make a profit before Duji falls.

Qi He selected new people overnight and returned with his team. He still openly held acquisition negotiations with Bumblebee, and this time he also gave a specific acquisition plan.

The entrepreneurial team including Li Yongjin holds a total of 32.8% of the shares, and Dada is willing to acquire it in the form of cash + shares, for a total price of US$560 million.

In other words, Bumblebee is valued at US$1.707 billion.

According to industry trends, this figure is somewhat premium.

Li Yongjin did not break his promise, and immediately relayed the price to the proprietress Duji. In fact, without him relaying it, Ma Dongmin received the price halfway through the negotiation meeting.

Obviously Qi He came and left yesterday, but he didn't expect that he came again today and offered a price.

Ma Dongmin's first thought was that Yike's efficiency was really high.

The second thought is that Dada is a half-cash method, so there is room for bargaining in Duji.

After Qi He left Jiangcheng again and had a phone call with Li Yanhong, Ma Dongmin finally expressed his attitude. In principle, he was willing to acquire the shares held by Li Yongjin and others, and was willing to give a cash price of US$480 million.

Li Yongjin slapped the left side of his face with his right hand, and grabbed the excited right hand with his left hand. He kept his emotions and made a resolute counteroffer. He could not agree easily, otherwise, the opponent might fly away.

But he already had eleven million wishes in his heart, wanting to marry Bumblebee to the giant.

"Mr. Li, although half of Yike's shares are shares, their price is higher." The vice president raised an objection.

"Are you stupid? Have you really deceived yourself? You are really obsessed with profit and blinded by lard. Yike is just playing for fun! They won't pay a dime!" Li Yongjin held back. The urge to slap people, knowing that even those who are familiar with the situation are confused by the money.

The vice president asked again: "Nadu Ji asked us to stay and serve..."

Li Yongjin was quite hesitant when he heard this. After cashing out, he could still continue to operate...

But he slapped himself immediately. If he stayed, Yike, who knew the situation, could break the news at any time. He would have to leave if he didn't want to, and the scene would be particularly ugly.

Why did I hesitate... I was also fascinated by the benefits! (End of chapter)