Chapter 440 Ahri, the Tengda war escalates, and Su Ya is reduced to a supporting role!(1/3)
"Washbasin.com plans to use US$16 billion in cash, plus restricted stock worth US$3 billion, to complete the acquisition of wichat." Lu Qi reported with a smile.
This is equivalent to a valuation of wichat of US$19 billion, which is not bad.
It can be called a super acquisition.
You know, last year Weisoft acquired Nokia’s mobile phone business for only US$5 billion.
The difference is nearly four times.
Precisely because of the huge amount of the acquisition, even a giant like Washbasin.com could not afford so much cash at once, and instead adopted a combination of cash and restricted stock acquisitions.
Of course, the latter is also a constraint on the wichat team.
If wichat's subsequent performance does not meet the contractual requirements, this part of the stock cannot be sold.
It's a bit like performance betting.
At this acquisition price, Jiaoyang Holdings holds 18% of the shares of wichat. In this acquisition, it can obtain US$2.88 billion in restricted stocks worth US$540 million.
The cumulative profit is close to 22 billion.
In addition to the US$1 billion in proceeds from the previous transfer of 10% equity to the Dream Fund, as well as the income from the earliest participation in wichat financing, the cumulative income exceeds 30 billion.
Just so-so.
If compared to Weixin, the service fee charged to Ahri alone would exceed this amount.
It can be seen that I still suffered a loss.
But there is no way. With the current strength of Sprout Group, it is not yet able to challenge those overseas giants and overseas capital in overseas markets and gain absolute dominance.
It would be nice to have some soup along the way.
After all, from beginning to end, even the rules of the game are made by others, so how can we play?
After discussing the acquisition of wichat, Zhang Shuo took the initiative to bring up another matter and asked Lu Qi with a smile: "How is the Qingcheng taxi business developing recently?"
"It's a mixed blessing."
Lu Qi explained: “Since Dida and Kuaidi launched large-scale subsidies, Qingcheng Taxi’s private car hailing business has basically come to a standstill.”
Even the most loyal white-collar user groups are working hard to squeeze out capital.
No one has trouble with money.
"Fortunately, the overall daily activity of the Qingcheng app has not declined significantly due to the decline of Qingcheng's taxi-hailing business. On the contrary, it is still in a slowly rising stage."
"oh?"
Zhang Shuo immediately became interested, "Tell me more about it."
“The growth in the number of daily active users of the Qingcheng app is firstly due to the continuous diversion from Weixin.”
"Secondly, due to the chaotic merger of Arnold Group, Qingcheng Group's food delivery business, hotel travel business, online ticketing, shared bicycles and other businesses have received additional traffic injection."
This is called lying down to win!
Of course, Qingcheng Group's ability to pick up the slack this time is also due to the good reputation it has established among the user group over a long period of time. It can be said that it wins by relying on its strength.
“The last thing is Qingcheng Life and other projects, which have a continuous drainage effect on Qingcheng app.”
To this day.
Qingcheng Life's stickiness to users has begun to show its power more and more.
It once again confirmed Zhang Shuo’s foresight.
"In addition to the continuous increase in daily living expenses, it is also because of the subsidy war that everyone in the taxi company is in danger. This has in turn promoted the cooperation between Qingcheng Taxi and taxi companies, and there have been a lot of signings recently."
This is also because the service fee quoted by Qingcheng Taxi is cheap enough.
"Then speed up the signing process, send multiple local promotion teams, and go to major first-, second-, and third-tier cities at the same time. We must sign up the most taxi companies in the shortest time."
Zhang Shuo ordered.
Because he knows that the time window left for Qingcheng to take taxis is actually not long. It is expected that in March, Lingnan Province will intervene in the supervision of the online taxi market.
By then, the subsidy war is bound to cool down.
Once the subsidies end and supervision tightens, taxis will inevitably become one of the targets of various taxi-hailing companies to win over and become a hot commodity once again.
If Qingcheng wants to sign a contract again, it will not be so easy.
"By the way, how did you negotiate the service fee with the taxi company?" Zhang Shuo asked curiously.
"Calculated based on the order, a service fee of one yuan will be charged for each order."
Such a quote is naturally uncompetitive at this stage when Didi and KuaiDi are still frantically subsidizing drivers.
But when the subsidy ends, the offer will be very affordable.
In the original time and space, after these taxi-hailing platforms started sucking money in reverse, the proportion of each ride taken was generally above 20%, or even up to 30%.
For an order with an amount of 80 yuan, the platform will take away more than 20 yuan.
It’s a world of difference!
"Can!"
Although Zhang Shuo defines Qingcheng Taxi as a semi-public taxi-hailing platform, Qingcheng Group is not a public welfare company and cannot put money into it.
At best, it means no profit.
What's more, Qingcheng Group is not owned by the Sprout Group and must also consider the interests of other shareholders.
We can't just rely on Zhang Shuo's temperament.
Take the Qingcheng Taxi-hailing incident as an example. If it weren't for Zhang Shuo's high personal prestige and the control of Qingcheng Group by the Sprout Group, the major shareholders would have defected long ago.
This is also one of the main disadvantages of joint-stock companies.
………
After Lu Qi left, Zhang Shuo called Lu Kai to the office again, handed Lu Kai two documents, and said: "This is the information on two overseas companies, Mada Qiqi and SanDisk, investigated by the Dream Fund. Sprout Investment also requires
follow up."
Compared with taxi-hailing business, this is the top priority of Sprout Group.
The Dream Fund's investigation of these two companies began years ago. Now it has obtained first-hand investigation information and has made initial contacts with the two companies.
Next, it is time to enter the substantive negotiation stage.
When Washbasin.com acquires Wichit, Dream Fund sells its 10% stake and will receive US$1.6 billion in cash and restricted stock worth US$300 million.
I happened to have enough funds to participate in the acquisition of SanDisk.
This chapter is not over yet, please click on the next page to continue reading! Lu Kai took the information, quickly browsed it on the spot, and said doubtfully: "Chairman, I can understand the acquisition of SanDisk, which can help Changshu Storage consolidate its position in the storage field. status."
Although acquisition is very difficult...
"But this Mada Qiqi is engaged in aviation engines. It seems to have nothing to do with all the existing businesses of the group, right? Why do you want to acquire such a company?"
"Who says it's irrelevant?"
Zhang Shuo shook his head, "Isn't Nebula Technology engaged in commercial aerospace? Aerospace and aviation are not separated."
"Uh, this..."
Lu Kai hesitated for a moment, but still did not refute.
Strictly speaking, there is a big difference between aviation and aerospace, but since the big boss said so, Lu Kai naturally had the sense and didn't talk back.
The big boss must have seen something he didn't.
The most important thing is that the overall price offered by Mada Qiqi is not high, and the purchase price does not exceed one billion US dollars.
For the current Sprout Group, such an acquisition is not even considered a big deal, let alone an acquisition by the United Dream Fund.
The cost is less.
"My idea is to register and establish Nebula Aviation Engine Co., Ltd. in Shancheng, transfer all the production lines, technology, and personnel of Madaqiqi, and then join forces with Shancheng to plan and build an aerospace engine industry base in Shancheng." Zhang Shuoque There is a long-term plan.
"..."
Lu Kai was stunned for a moment. He immediately realized that if he wanted to operate such an industrial base, the cost would be several times, or even more than ten times, the purchase price.
It will be another super investment project.
"The reason I tell you this is that the group's acquisition of Mada Qiqi is imperative, and it must be stated in the contract that the production line and personnel need to be transferred to the mountain city." Zhang Shuo solemnly instructed.
"knew."
Lu Kai felt the pressure instantly. He was not stupid. He knew that as a company engaged in the research and development and production of aircraft engines, Mada Qiqi was very sensitive to its acquisition.
It would be even more difficult to move the whole thing to a mountain city.
"After understanding the situation, I will personally lead an inspection team to Jifu Rus for on-site inspection to find out the local situation and open up some links as much as possible." Lu Kai immediately stated his position.
"now it's right!"
Zhang Shuo admired Lu Kai's attitude of facing up to difficulties, "We must maintain communication with the Dream Fund at all times. For matters that cannot be discussed, the Dream Fund should come forward as much as possible."
"clear!"
To be continued...