Jing Gao flew to Shanghai that night with his assistants Xiao Qiao, Guan Yujia, and a five-person team that could provide legal and financial support during the negotiations.
Xia Rongxi has a very bad reputation in several business circles in the capital. Jing Gao learned from Li Fanyi that he had kept Wu Ting's wife.
This is really...!
Henghu Pharmaceutical has three founders. Xia Rongxi is the chairman and holds the largest share. However, as time goes by, the conflicts between him, Wu Ting and Li Fanyi have become more profound.
Because Wu Ting had an affair with Zhao Shiyan, Jing Gao simply used his resources at the time to warn Zhao Shiyan not to think about targeting him. At the same time, he vented his anger on his "general" An Zhiwen and teamed up with Xia Rongxi to send Wu Ting to prison.
It is expected to start in ten years.
Zhao Shiyan was so frightened that she cried to Professor Zhao. This was also the reason why there was a gap between Jing Gao and Professor Zhao.
After Xia Rongxi completed this transaction, he directly sold half of the shares of Henghu Pharmaceutical to Jing Gao, and gradually reduced the remaining shares. He received a total of six to seven billion funds to develop in Shanghai. Henghu Pharmaceutical is currently
Li Fanyi, who is engaged in technology research and development, is in charge.
When Li Fanyi reported at work two days ago, he mentioned the subject of "support". Jing Gao shook his head after hearing this. This is really "your wife and I will support you". However, this is not the same thing as what Cao Ah concealed.
Personal moral character is not directly related to business talent. Xia Rongxi has not been in Shanghai for a long time and seems to have gained some fame immediately. He even knew about the acquisition talks between Didi and Uber China.
The evening breeze blows gently and the night lights flicker in the Shanghai Hongqiao Airport.
Xia Rongxi met Jing Gao outside the airport and followed Jing Gao into the black Lincoln Navigator with a very attentive attitude.
When Jing Gao came to Magic City to seek advice from Professor Wei at the end of April, he asked Xiao Qiao to set up an office in Magic City. The Phoenix Film and Television Magic City branch established by Xiao Qiao has more than a dozen employees and several cars. It is located in a Class A building in Songjiang District.
Three floors of offices are rented in the office building.
Therefore, when Jing Gao comes to Magic City again, someone will naturally come to greet the boss.
Xia Rongxi's small attentiveness is understandable. Jing Gao wants to acquire Uber China, and the company's public valuation is US$7 billion. This is even more impressive than the acquisition of Canglong Group for HK$20 billion!
The motorcade slowly left the airport.
In the Lincoln car, Xia Rongxi said: "Mr. Jing, no one in China's executives knew about the sale negotiations of Uber China. It was carried out by its founder Travis Kanick and his subordinate Emil Michael, as well as Uber Asia Pacific
District Superintendent Eric Alexander is in charge.”
Jing Gao suddenly said, "No wonder! Mr. Xia, do you have any channel to contact Kalanick, the founder of Uber? I want to meet him."
Previously, Xiao Qiao directly contacted the team of Liu Zhen, the spokesperson of Uber China, to make a quotation.
Xia Rongxi smiled bitterly, "Mr. Jing, you think too highly of me. Where can I get in touch with an entrepreneur at Kalanick's level? However, I have a friend with a wide network of friends, so I can give it a try, but her fees will be a bit expensive.
"
Jinggao nodded.
…
…
On July 28, 2016, the government issued the "Guiding Opinions on Deepening Reform and Promoting the Healthy Development of the Taxi Industry" and the "Interim Measures for the Management of Online Reservation Taxi Business Services". Online taxi hailing was legalized.
The four major online ride-hailing companies: Didi, Uber China, China Travel, and Yidao have all expressed their support for regulation.
That night, Thursday, the third day after Jinggao came to Shanghai, he met Emil Michael, Uber chairman Kalanick’s confidant, in the Bank of China Building.
The introducer was not "a friend of his" as Xia Rongxi said, but Kang Wenfeng, a student of Professor Wei Shenliang, deputy dean of the School of Economics at Aurora University, and a member of the investment banking management committee and financial industry group at CITIC Securities.
CITIC Securities is an investor and shareholder of Uber China.
The appearance of the Bank of China Building is like a crystal laurel crown. Basically, photos taken of the Huangpu River in the magical city will include it. The building next to the landmark Oriental Pearl TV Station is.
In the luxurious suite on the 50th floor, the three of them smoked cigars and chatted casually. It was mainly Kang Wenfeng and Emile Michael who chatted. Jing Gao's English was very poor.
Assistant Guan Yujia's English is good. Although it is not as exaggerated as Wu Jingshu's eighth-level major, her speaking and listening skills are both good. She sat on the sofa behind Jing Gao, preparing to serve as a full-time translator for Jing Gao.
Emil Michael, an Indian face, said: "Mr. Jing, Uber just raised US$7 billion in December last year, so our current desire for cash is not that strong. Moreover, we have reached an agreement with Didi's major shareholders.
, the shares will be exchanged at a ratio of 1:4. We will announce the end of the war and merge on August 1."
Guan Yujia translated for Jing Gao in a low voice.
Kang Wenfeng smiled and smoked a cigar without interrupting. He saw a trace of contempt in Emil Michael's eyes.
Jing Gao looked calm and asked: "Since it is for sale, why not sell it at a good price?" He was too lazy to listen to these "gorgeous" modifying words. In the final analysis, doing business is about "money".
Especially the "Westerners respect contracts and have a spirit of contract" that has been blown up by public intellectuals. This is simply a joke. Respecting the US dollar is the only truth! As long as the bid is high enough, he is not afraid that Uber and the others will not break the contract.
Emil Michael smiled slightly and leaned on the sofa, "Mr. Jing, how much do you plan to bid?"
According to a report released by iResearch Consulting in early July, Didi was valued at US$27.6 billion and Uber China was valued at US$7 billion. This merger of the two parties will be based on a 1:4 equity merger.
So, the valuation of Uber China is US$6.9 billion.
Idaka lit the ash from his cigar, just like smoking a "Chinese". This was the wrong way to flick the ash from a cigar. However, no one could blame him because he said a number that made Emil Michael change his color.
Jing Gao said calmly: "9 billion US dollars."
Guan Yujia’s unvoiced translation, “9 billion dolr.”
The cigar ashes fell from Emil Michael's hand. Sorry, his hands were shaking a little. An acquisition with a premium of 2 billion U.S. dollars! Don't misunderstand U.S. dollars as money. In international business, 1 billion U.S. dollars is a very large profit. He concealed
Feeling his shock, he looked at Kang Wenfeng.
Kang Wenfeng nodded, confirming that Jing Gao had the ability to pay and was not just talking nonsense.
Emil Michael took a deep breath, stood up, and shook hands with Jing Gao, "Mr. Jing, I will report the news to Travis (Kalanick) immediately. Please wait here later."
It's around 8 o'clock at night in Shanghai, which is around 5 o'clock in the morning in San Francisco, USA. The time difference between the two places is 15 hours. But Emil Michael, Uber's senior vice president of business, can't control that much.
This call must be made immediately!
…
After a series of communications, Kalanick, the founder and chairman of Uber, personally spoke to Jing Gao and decided to suspend the acquisition of Didi, and agreed to have a video connection tomorrow morning for detailed discussions.
After ending the call, Emil Michael sent Jing Gao, Kang Wenfeng and his entourage to the elevator door and said with emotion: "
It’s a great pleasure to meet you tonight, Mr. Jing. You are really a generous, wealthy, and forward-looking entrepreneur. I believe you will not regret this investment in the future.”
Jing Gao smiled and shook hands with him, "Goodbye!" Who said that foreigners in the workplace are straightforward, matter-of-fact, and don't understand the world?
How can he lick you while you are kneeling? Only by standing up can you give him a chance!
The elevator door slowly closed.
This chapter has been completed!