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Chapter 138 The Grand Banquet

The give me five girl group always releases new albums every summer after their debut, maybe because this is the time when students are on vacation and have more time to chase stars.

This year's album Peng Yuchen finally created it for them according to top-notch production standards, and it was filled with ten songs very conscientiously.

This is partly because Give Me Five has already established itself as the number one girl group in the country, and she is very confident in the sales of her album.

Of course, selling songs can only protect your capital at most. Boss Peng’s greater ambition is to win this year’s Soulmate Award. After winning the Popularity Award last year, Give Me Five is not without hope of further success.

If her plan can go online, these five young girls should be able to hold their own concerts next year.

When Gu Caiwei's career continued to prosper, Lin Yi became more miserable, because his nonsense with Robin Li was quickly exposed.

In August, Uber announced its half-year promotion results in China since its price reduction in March, and it has entered 17 key cities across the country.

At the same time, Uber launched a product line called "People's Uber", a ride-sharing product that Wanli Travel had already adopted long before it.

Only Dudu Taxi has not yet been launched. It is said that the ride-sharing function requires higher computing power and Dudu’s technology has limitations. Wanli Travel also received technical support from Xiong Factory before.

Something with greater impact happened in September. Uber announced that it would split its regional business into a separate subsidiary, let’s call it Uber A, which has completed financing of US$1.2 billion.

Lin Yiyi was not surprised that Uber did this. The only thing he wanted to complain about was that a subsidiary could actually raise US$1.2 billion.

Who the hell paid for this?

However, Robin Li, who was deceived, is not so calm, because Uber will raise separate financing after the split, which is a signal that it is ready to fight to the end with Dudu and Wanli in the local market.

In other words, Lin Yi’s nonsense about merging with Uber has been confirmed to have failed.

Now not only Robin Li, but also other investors such as Zhang Lei of Gaoling Capital are frequently discussing the future of Wanli Travel with Lin Yi.

Recently, Lin Yi has spent a lot of time trying to appease investors, but the effect has not been obvious.

Because investors don't actually need to be comforted. If the company is in good condition, they will be able to cooperate well without Lin Yi having to do anything.

There is actually only one point they question, that is, does it still make sense for the company to spend US$160 million every month to maintain competition but still fail to make progress?

"Then what exactly are you waiting for?"

It was Wang Xing who said this, because the differences between Lin Yi and investors have become increasingly serious recently, and they are about to reach the stage of breaking the table.

Of course, Lin Yi would not want to break up with investors so quickly, so he sneaked out of the company and hid with Wang Xing.

"I'm waiting for you."

Lin Yi's casual answer obviously didn't attract Wang Xing's attention. He felt that Lin Yi was just making casual remarks.

"What are you waiting for me?"

"Waiting for you to give up. Haven't every regiment been looked down upon recently? If you plan to surrender, then I will no longer fight stubbornly."

This is what Lin Yi is talking about. Recently, Hungry? announced the completion of an F-round financing of US$630 million. From this mixed amount, we can see how hard they have worked hard to raise funds.

Are you hungry? When was the last round of financing?

Half a year ago!

At that time, they took 350 million U.S. dollars, plus this time 640 million U.S. dollars, which means that Zhang Xuhao received nearly 1 billion U.S. dollars within half a year.

Although the food delivery industry also burns money, the extent is far less exaggerated than that of the taxi-hailing industry. US$1 billion is already an astonishing amount.

At the same time, each group has been slow to announce its next round of financing and has no intention of even starting financing, which may have given some people the wrong signal.

"Zhang Xuhao seems to think that the outcome between you has been decided, and the overall situation of the food delivery industry has been decided. It is said that he has made a trip to Bali as a celebration. What do you think about this?"

Wang Xingdan said: "If what you said is true, then I can only say that it is too early for Zhang Xuhao to start being happy now."

He would never think that Lin Yi had the ability to "foresee the unknown", but he knew very well that this guy was always very well-informed.

"The reason why each group does not raise funds is not because we cannot raise money, but because we believe that we do not need to rely on financing to solve the problem."

Wang Xing stopped talking: "But the situation of your thousands of miles of travel seems to be different. In this round of financing, you only took 1.2 billion and Cheng Wei took 2.4 billion. This gap itself illustrates the market choice."

"If I were your investor, I might not be able to sit still. You can still hide with me for a while, but in a few days it won't be possible."

Wang Xing was actually also very curious about why Lin Yi could still sit here so calmly. He definitely did not believe that Lin Yi would give up so easily.

"It's useless to be anxious. Can you use your anxiety as money?"

Lin Yi's tone was still relaxed, "Why don't I come and chat with you? What do you think of the relationship between the two companies, Goose Factory and Factory A?"

This question sounds like it's asking about industry issues, but it's actually just like chatting, because people all over the country know that these two companies are very difficult to deal with.

Wang Xing felt that it would be a bit unseemly to use "water and fire are incompatible" to describe it, and originally wanted to use a compromise of "the king does not see the king".

But before the words came out of his mouth, a different thought flashed through his mind.

No, the king has already met the king!

"Goose Factory and A Factory have always been separate factions competing against each other. There is only one exception. They can actually appear on the board of directors at the same time. That is, after the merger, both Goose Factory and A Factory will soon be together."

Falling out?"

"I didn't feel anything, it was just chatting."

Wang Xing felt that Lin Yi was very funny because he casually expressed his denial verbally, and his expression clearly showed that he was a "teachable child".

At the same time, he was suddenly alert to the topic that Lin Yi suddenly brought up. It seemed that he needed to make more plans for what he was planning.

Lin Yi once again pretended to be a ghost in front of Wang Xing and felt relieved. After confirming that the investors in the company had left and the door was not blocked, he went back with peace of mind.

"What did they say today? It's still the same rhetoric. Do you want me to have a very sincere and private negotiation with Cheng Wei?"

When Lin Yi was not in the company, it was Liu Jianni who was the one to receive the investors. She relayed the purpose of the investor's visit: "They didn't ask you to negotiate with Cheng Wei, but they brought this letter."

She handed over the thing in her hand, and Lin opened it and read out the words on it:

"Invitation letter to the 8th China-US Internet Forum?"

Liu Jianni added after he read it: "Lin Yi, I have to remind you, if you don't want the relationship between us and investors to completely break down, it's best not to refuse this opportunity."

"I know it's the Hongmen Banquet, but I still have to show my face."


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