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Chapter 979 Get out of Uber

 "..."

There was silence in the room for a moment.

Yao Yuan's words were a bit misleading and vague, but the general meaning was this. After a while, the other party sighed: "You really dare to say anything!"

"What do you mean?"

"This matter is of a special nature. The situation you mentioned is indeed very likely. Regardless of whether we are in the legal field or have ideological understanding, we are not vigilant enough about it. I will report it."

"That's good, but you have to hurry up. I'm still burning money here, 40 million a day!"

"You kid..."

The other party shook his head and gave another correct answer: "You guys can take a moment and wait for the news!"

"good!"

"Back then, our country had a weak foundation. After joining the WTO, we were faced with the impact of foreign advanced products and capital, and we had a history of selling at low prices.

Just like the XCMG Group that supports your filming, probably in 2005, the Americans wanted to acquire 85% of XCMG's shares for US$375 million, and they almost succeeded."

The other party got excited and started chatting.

Yao Yuan knew about this. The agreement was signed at that time and was only waiting for approval, but it was reversed by a person. This person was not from XCMG, but Xiang Wenbo, the president of Sany Heavy Industry.

This guy posted a series of articles on the Internet, disclosing the inside story of the acquisition, saying that JPMorgan Chase paid a high price, but XCMG did not sell, but sold it to Carlyle Yunyun, which paid a low price...

And said that Sany Heavy Industry is willing to acquire XCMG at a price 30% higher.

Public opinion stirred up an uproar, attracting national attention, and the acquisition ultimately failed.

"Now is the Internet era, and our Internet is also facing the problems of the past. Unfortunately, not many people pay attention to it."

"This is a little different..."

Yao Yuan paused and said: "The network products that are so domineering overseas are basically useless in China. They are too complicated in China. The Yankees are arrogant and disdain localization. Every one of them will die."

However, the shareholders of most of our products are mostly foreign capital, and everyone is seeking to be listed in the United States, so there is no other way.

Didi has a special nature, so I invited you over."

The two chatted for a long time and just left. They were not leaving together, so the other party left first.

Yao Yuan stayed in the courtyard for a while, then ran to the kitchen, where Zheng Xiusheng and his apprentice were setting up a small stove. The apprentice's name was Sui Po, the executive chef of the Hilton InterContinental Hotel, and later he also engaged in self-media.

"Hey, I'm eating it!"

"Mr. Yao, come on, I'll keep it for you. It's still warm."

Uncle Zheng waved his hand, and Yao Yuan moved a stool over. Hey, there was a table full of delicious food.

Today, he asked his master and his apprentice to cook. They cooked the local dishes of the distinguished Hakkas. The ingredients he prepared were all kinds of first-class and high-quality. There were still some leftovers, and they were all here. They were better than what he had eaten just now.

"Yeah, this meatball is amazing!"

"Is there any rice?"

"One bowl, one bowl!"

Yao Yuan ate happily, and Uncle Zheng smiled and said: "Let me just say, they talk about things. If they don't eat enough, they have to eat again."

"Uh-huh!"

Sui Po was quite reserved when he met the richest man for the first time.

Yao Yuan asked while eating: "Uncle, are you retiring this year?"

"Retreat, it's sixty!"

"Then come over. We have been talking about this for several years. Call all your friends and apprentices and open an account. I have already thought of a name called [Laofangu].

I just want to make a short video. You can upload both the long and short videos together. You are so popular as a food influencer. I guarantee that you will become a big internet celebrity with millions of fans in three months."

"Hey! I don't even know how to access the Internet, so why am I still an Internet celebrity?"

The uncle still smiled like a Buddha and said: "Okay, this is what we agreed to do, and I will be an old fan."

…………

The momentum of Didi subsidies has weakened.

Although it is still making up money, it is not as crazy as the previous day's 40 million, which has boosted Uber's spirits. However, this does not rule out that Didi is looking for money and will continue to fight after finding the money.

Sure enough, only a short time later, new news broke: "Didi accepted a new round of financing, led by China Investment Corporation, with an amount of approximately US$2 billion, accounting for 20% of the shares..."

In the Uber China office, Liu Zhen was stunned when she saw the news.

CIC is a national team through and through, involving many departments such as the National Development and Reform Commission, the Ministry of Finance, the Ministry of Commerce, the Central Bank and the Administration of Foreign Exchange. It used to focus on the financial markets of North America and Europe. After the financial crisis in 2008, it began to invest in some non-financial companies at home and abroad.

assets.

It's not that the national team can't invest, but the shareholding ratio is too large. 20% will be given out at once!

"..."

Liu Zhen felt something was wrong, so she quickly sent someone to inquire about the information, and also inquired about it herself.

The Liu family has stood firm for many years and has its own explanation. Even if there is a crisis of public opinion in the future, the entire Internet will criticize it, and it looks like it will be investigated next, eh, it still stands firm.

After some inquiries, I felt that the direction of the wind was getting more and more wrong.

Because some opinions have appeared openly on the Internet. First, I talked about the current situation of taxi-hailing software. Didi and Uber compete fiercely.

Then it unfolded and turned to the collection of personal information and driving information. There were safety risks, etc., and we called for departmental supervision.

Then, the Cyberspace Administration of China jumped out to respond: "We are considering it!"

broken!

Liu Zhen's heart suddenly jumped. This plan was so smooth and highly targeted. It was obvious that the official side was over!

Some domestic laws can be enacted very quickly.

For example, Didi went public on June 30, 2021, and the Cyberspace Administration of China issued the first notice on July 2, followed by three notices on the 4th, 9th, and 16th.

First, new user registrations were stopped, then the app was removed from the shelves, and then 25 apps related to Didi were removed from the shelves. Finally, a joint working group of 7 departments was stationed to investigate.

On the 10th and 12th, two documents were issued in succession: "Network Security Review Measures" (Revised Draft for Comments) and "Network Product Security Vulnerability Management Regulations."

Clear restrictions: "Online platform companies with more than 1 million individual users must go through national network security review before listing overseas!"

This speed and intensity are even stronger than the emergency suspension of Ant Financial’s listing.

Now, this plan has been laid out in advance. After the national team took a stake in Didi, the competent authorities made it clear that the two software must undergo security review!

Didi doesn't care, they took the initiative to send it for trial.

Does Uber agree?

If it agreed, Google wouldn't leave.

When Google withdrew that year, it actually refused to abide by Chinese laws, and it still wanted to do so under certain pretexts. It was just double standards. Do you think the United States would allow Loli Island?

Please, Epstein committed suicide!

In short, this time, Yao Yuan did not want to merge at all, he just wanted to get Uber out.

Uber doesn't accept censorship, just so it goes away.

If Uber has a seizure, accepts it, and still wants to stay in China for development, that doesn't matter. Yao Yuan has eliminated the biggest hidden danger, so let's officially start the business war and fight it until it gets out.

He is a very willful person and usually chooses to ignore anyone he encounters.

If the opponent happens to be on the enemy list, then fine, we will fight to the death and attack it no matter what, just like we did with Hong Kong Island before.

(besides……)


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