Uber's global headquarters is located in Pudong, the capital of Shanghai. There is an Uber building here. The whole building has a total of 36 floors and is more than 100 meters high. It is also a landmark building in the nearby neighborhood. Since it is a small building,
After Yuan Bicycle was acquired by Uber,
Thursday, March 21st.
In the morning, the atmosphere inside the Uber Building suddenly became a little inexplicably tense, as depressing as the gloomy weather outside the floor-to-ceiling windows.
Zhang Yanqi looked at the time, threw the document in her hand on the desk with a bang, picked up the water glass and walked out of the office, instructing the assistant at the door: "Go and notify the president-level executives to the conference room for a meeting!"
The beautiful and plump female assistant stood up and said, "Okay, Mr. Zhang." The notice for the meeting had been sent out on Tuesday. She naturally knew who to notify.
Uber's structure is set up according to the group. It is composed of CEO, CFO, COO, CTO and other positions. It is then managed by group vice presidents and general managers of each business line.
Zhang Yanqi left a word and went to wait in the large conference room on the 33rd floor where he was. Outside the floor-to-ceiling windows, the spacious road was slightly quiet in the morning, with constant traffic, but it was not congested. Although the Uber Building is located in Pudong
.But it is not in the core Lujiazui area, so the rush hour on the road is relatively short. It will already be 9:30 in the morning.
Zhang Yanqi sat at the main seat in the conference room, looking at the scenery outside the window, smoking a cigarette, and recalling his years at Uber.
He is the founding veteran of Uber. At that time, he and Wang Ying were the only ones who were in charge of domestic regions, and the rest have resigned.
Liu Zhen did a pretty good job. When she was in charge of Uber, she completed the merger with Didi and led Uber to go public. However, because Mr. Jing carelessly spoke on some occasions, she had a bad relationship with Mr. Liu from Lenovo.
Therefore, it is better to kill by mistake than to let go.
Liu Zhen's chairman and CEO positions were dismissed and he resigned from Uber. He was appointed as the new chairman. The CEO Kang Xi, who was previously promoted by Mr. Jing and Liu Zhen, was just a transitional figure. He looked down on this guy's work ability.
, made a report to Mr. An, and made him take on the CEO position concurrently.
The follow-up troubles of this matter are coming now.
With him shouldering both major positions, Uber's financial report for fiscal year 2018 was very poor. Net profit will exceed 1 billion yuan. The stock price also hit a new low, and the market value fell to 600 million U.S. dollars. This is different from the new generation
The market value of Internet giants Pinduoduo, Meituan, and Byte has widened the gap.
Byte has not yet been listed on the market, but its valuation has long been optimistic by investors from all walks of life.
He needs to be responsible for what happened to Uber. Although there is a reason for the current slump in the taxi market, he believes that the bigger problem comes from Mr. Jing himself having fewer and fewer friends, resulting in
The operating environment is harsh. There are also problems with some of the strategies formulated by Mr. Jing himself.
Internet companies, what do you mean by putting users first? Why don’t you treat users like leeks these days? If you treat them kindly, they will appreciate your kindness. Whenever there are discounts, users will definitely abandon you and choose the discounts.
Who is a fool? Can you glance at someone in vain?
Moreover, if you are an Internet company, don’t you think they will scold you? This is simply funny!
Haven’t you heard? Even Jingdong’s Dong Ge is hung on a street lamp? The condition given by those netizens is that the rope can be loosened.
It's just a dog-like logic.
As long as he makes your money as a co-author, he will be killed if he cuts your leeks? From his point of view, he can't stand those ridiculous remarks. Mr. Jing sometimes pays too much attention to reputation. Who is involved in Internet companies?
Not getting scolded?
…
While Zhang Yanqi was reminiscing about the past, colleagues and subordinates would come in from time to time. Seeing Zhang Yanqi's gloomy face and smoking style, they all became cautious.
Kang Xi is forty-three years old, of medium build. Although he was fired from his CEO position, as a close confidant of Mr. Jing, he is already responsible for a business line and holds the position of senior vice president. Seeing Zhang Yanqi's gloomy expression, he felt very sad.
happy.
Ma De, you too have the surname Zhang today. I asked you to drive me down.
The reason why he is a "confidant" is actually because he once led An Yi. That boy An Yi has soared into the sky, and there are rumors that he is jokingly called "Prince An", and he may take over in the future.
Therefore, his name has been heard by Mr. Jing. It is nonsense to say that he has a personal relationship with Mr. Jing, or that he can go to see Mr. Jing.
Therefore, his foothold at Uber was still his work ability and business level. He believed that if he was given some time to adapt and learn, he would be qualified to be the CEO of Uber. But Zhang Yanqi did not give him this opportunity.
Wang Ying is thirty-eight years old this year and has a beautiful appearance. She is a beautiful sight among the senior executives in the conference room. She was wearing a black suit and looked very capable. She asked: "Lao Zhang, what happened?
?”
She is the person in charge of Xiaoyuan Bicycle. Recently, Mr. An of Phoenix Group called her to make arrangements to transfer her Xiaoyuan Bicycle to Uber. She has returned to the Uber building to work as a senior vice president. Her job is still the same.
Responsible for her shared bike business.
When Xiaoyuan Bicycle was first listed on the Hong Kong Stock Exchange, its market capitalization was US$1.5 billion. She felt that it was so prosperous that she argued hard in front of Liu Zhen to keep Xiaoyuan Bicycle’s operations independent. But as the capital tide of shared bicycles receded, Xiaoyuan Bicycle’s capital tide receded.
The market value of Yuan Bicycle has dropped to US$500 million.
During Mr. An's call, she finally relented and agreed to return to the Uber family. Her arms couldn't twist her thighs! The major shareholder of Xiaoyuan Bicycle is the Phoenix Group. This is almost a departmental adjustment within the group.
Moreover, the current trend of shared bicycles has passed. Without the support of the group, it is difficult to say how long her business can be maintained. She does not have the confidence she had at the beginning.
In the entire conference room, she was the only one qualified to ask Zhang Yanqi what happened before the meeting officially started.
Nothing big has happened at Uber recently! Except for the financial report it released not long ago, which caused the stock price to fall again.
Could it be...
Wang Ying had a bad feeling in her mind.
Zhang Yanqi did not answer. She put out the cigarette in her hand in the ashtray, looked around and said, "Everyone is here, let's have a formal meeting! Let me answer Wang Ying's question. In view of the poor operating conditions of the company, I
I plan to resign as Chairman and CEO of Uber Group. The group’s work will be temporarily handled by Mr. Jing’s assistant, Jing Shufeng. Everyone is welcome!”
Jing Shufeng was next door to the conference room. Following Zhang Yanqi's announcement, he walked into the venue led by his female secretary, and was greeted by sparse applause.
Wang Ying directly said with dissatisfaction: "What is going on in the group? Just sending inexperienced people to manage will cause big problems! We at Uber are a listed company!"
"yes."
Seeing Wang Ying, the veteran, speak out, other senior executives started to agree. What is Mr. Jing doing? He just sent an assistant to take over a listed company with a market value of nearly 20 billion. Isn't this a clear sign of chaos?
Although they are all professional managers who work for their bosses, the development of Uber is also their hard work. How could they not care? Besides, they all have Uber stocks in their hands!
Uber was messed up by Mr. Jing’s assistant. What good can everyone gain?
Zhang Yanqi sneered a few times and motioned for Jing Shufeng to sit down. He knew very well that Jing Shufeng was a French translator and knew nothing about management and online ride-hailing. He said: "That's what it is. I will discuss it on the board of directors after a while.
Please resign. Now, you have a meeting."
He didn't bother to pay attention to the meeting room that was in full swing. He got up and walked out, returning to the office to collect his things. The bad breath in his heart finally subsided a little.
How can the chairman of a listed company be replaced? This is a very complicated subject. Look at Disney and JPMorgan Chase in the United States. The board of directors of such large companies is simply a kingdom. Those dispersed shareholders, 5% of the equity
Even though they are considered major shareholders, it is really difficult to influence the board of directors.
But for Jing Gao, who holds more than 50% of Uber's voting rights, all he wants to do is replace Uber's chairman. It's just a matter of one sentence. The call was still made by An Zhiwen.
Of course, the external form is not that the shareholders with voting rights remove the chairman through the shareholders' meeting, but that the chairman Zhang Yanqi is allowed to resign on his own initiative. Just replace him with another person.
Just as Zhang Yanqi was packing his office supplies in the chairman's office, his cell phone suddenly rang.
Zhang Yanqi looked at the unfamiliar number and instinctively didn't want to answer it. It was such a bad time! But in the end, she answered the call unhappily: "Hello."
A clear and steady man's voice came from the mobile phone, with a slight Haizhou accent in Mandarin, "Is this Zhang Yanqi? I am Jing Gao."
Zhang Yanqi was stunned immediately, and the document in his hand was accidentally knocked over to the ground. The paper was scattered all over the place. He took a deep breath, with a complicated mood, and respectfully held the phone and said: "Mr. Jing, hello. It's me."
"Come to the capital. Let's meet and chat. I will stay in the capital for a while before going to the Magic City."
"Mr. Jing, thank you. I'll go to the capital after I'm done."
"Okay, I'll wait for you."
After Zhang Yanqi hung up the phone, the inexplicable irritability, gloominess and depression in her heart dissipated a lot. She looked at the glass outside the window and let out a long breath.
Even if I have to leave Uber, Mr. Jing’s call and all his years of work and sacrifice are worth it.
