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Chapter 121 Desire for second place

"Weiwei, how is the operation of our first batch of bicycles going?" Li Bing called Fu Weiwei and asked.

"Brother Bing, everything is going well at the moment. The 10,000 bicycles we put in the city have already achieved 100,000 registered users in just a few days."

Fu Weiwei's face was full of joy. From September to now, three months of hard work and dedication have finally paid off.

"100,000 registered users? This is a pretty good result. Keep up the good work! Let me know if you have any difficulties."

Li Bing is also very happy. After all, he came up with the shared bicycle project and invested 20 million yuan in it. Of course he hopes it will succeed!

"What's the plan next?" Li Bing asked again.

"Magic City can now be regarded as our base camp, and I plan to continue to deeply explore the Magic City market.

Huimin Bicycle currently has 40,000 bicycles in Shanghai and is operating nearly 2 months ahead of us, which puts a lot of pressure on us.

In terms of the number of bicycles, we must narrow the gap with them as soon as possible."

When Fu Weiwei mentioned Huimin Bicycle, she felt very heavy, as if a big mountain was pressing on her head.

"There are 40,000 bicycles in Shanghai! Huimin Bicycle is a strong competitor!" Li Bing said with emotion. Huimin Bicycle has been operating for a few months and received an additional round of Series A financing of US$50 million. It has a great first-mover advantage.

Already.

According to his judgment, as long as Huimin Bicycle does not seek death, it will continue to lead the market and continue to occupy the leading position in the market.

If you want to surpass the other party, you can only hope that the other party will make mistakes.

However, there are still opportunities for Baimo Bicycle. In such a large national market, Huimin Bicycle cannot occupy all of it. Even if Huimin Bicycle firmly occupies the first position, Baimo Bicycle can also compete for second place!

Hasn't Autohome always stepped on his Yiju.com? Even though he is the second-in-command of ten thousand years, he still has a market value of 1 to 2 billion US dollars.

"As for Huimin Bicycle, our current strength gap is too big. Don't think about surpassing or even crushing them. Let's first determine the second position.

At present, I see some Xiaolan Bicycles and Xiaoming Bicycles popping up on the market... there are many competitors!

The competition will become more intense in the future, so don’t take it lightly.

As for the number of bicycles, for the time being, you can operate the ten thousand bicycles in Magic City and make the data more beautiful.

I will contact you next for Series A financing, but what is the valuation? How much financing? It all depends on your results!"

Li Bing comforted Fu Weiwei and told her not to be impatient and to make use of her resources first.

Li Bing had a high prestige in Fu Weiwei's heart, so Fu Weiwei naturally accepted his opinion with an open mind! So Fu Weiwei said:

"Okay, Brother Bing, I will listen to you. Let's confirm our second market position first, and then we can talk about surpassing Huimin."

"Next, I'm going to hold a themed press conference in Shanghai, about promoting motorcycle worship. Brother Bing, are you free? I'm a humble person, so I need a big shot like you to support me!"

Fu Weiwei mentioned something again.

"Okay, if you confirm the date and venue, I will definitely attend. Also, invite a few more media to report on it to make the event bigger.

I’ll invite a few investors from Shanghai to come over and support me, and I’ll talk to them about Baimo Bicycle’s Series A financing.”

Li Bing's Weilan Automobile has just been established, and it is the busiest time. However, considering that Fu Weiwei is currently facing a very difficult situation, he decided to take some time out of his busy schedule to give her some support.

"Wow, that's great! I'll arrange this right away." Fu Weiwei was so happy that Li Bing's attitude greatly encouraged her confidence.



A few days later.

A five-star hotel in Shanghai.

Fu Weiwei was wearing a white high-end professional attire with exquisite makeup on her face. She walked to the podium and first said hello to the guests present, and then began her formal speech:

"As the environment becomes increasingly harsh and traffic becomes increasingly congested, a new way of traveling has been born - shared bicycles...

Baimo Bicycle was co-founded by me and Mr. Li Bing, chairman of Yiju.com, a US-listed company...

After tens of millions of R&D and tests in the laboratory, Baimo Bicycle is finally on the market...

The reason why our first stop is Magic City is because we really like Magic City, its fashion and avant-garde, its prosperity and beauty...

As the most expensive shared bicycle in the world, Baimo Bicycle shows our strict control of product quality and emphasis on user experience...

GPRS positioning makes it easier for users to find cars, traffic unlocking makes it easier for users to unlock cars, solid tires do not need to be filled with air, and are durable and wear-resistant..."

Fu Weiwei was born as a journalist and has first-class writing and language skills. Her speeches on stage are emotional and highly contagious.

In the audience, an investor came up to Li Bing and said with a smile:

"Lao Li! Where can I find such a talented woman? She has good speech skills! The key is that she is so beautiful. I am not afraid that Miss Wang in your family will overturn the jealousy!"

This investor has a good relationship with Li Bing and has invested in Yiju.com, so he has no scruples about joking with Li Bing.

"Old Liu! Don't underestimate Fu Weiwei. Although female CEOs are rare, I am very optimistic about her."

Li Bing looked at Liu Dahai, the investor of Happy Capital, and said confidently.

"Oh, you are so enthusiastic about recommending her. Then I have to focus on observing her." Liu Dahai returned to his serious look and said, remembering that Li Bing was working on electric cars recently, so he asked again:

"What's going on with your Azure Car? I heard that Da Qiangzi, Lei Jun, Penguin, Gaoling Capital, and Prime Minister Li have all invested in your project. The battle is quite big!

Is this the plan to be China’s Tesla?”

"Haha, I dare not compare with Tesla. We still have a long way to go. Compared with the Western automobile industry, the technological gap of several decades is not so easy to catch up with in the domestic automobile industry."

Having said this, Li Bing felt very heavy. He had been dealing with cars for more than ten years and knew that domestic technology still lags far behind that of developed countries.

But I didn't expect that the gap was so big that I almost couldn't muster the confidence to catch up.

He used to work on car websites and media. He knew about cars, including car models, appearance, engines and so on.

After entering the car manufacturing industry, I learned about the manufacturing process and realized that the gap is really huge and scary, and it is difficult to catch up.

There is a big gap between gasoline cars and it is difficult to catch up. But electric cars still have a chance to overtake in corners.

Although the process will be difficult and may even drag him down, he is willing to risk all his wealth for his dream.

"Electric vehicles are indeed the future development direction. Petroleum will eventually run out, and renewable energy is the future trend. When will the next round of financing for your electric vehicle be launched? Happy Capital can also participate in a small way."

Liu Daharuo said with interest, his face was very happy, but in fact he felt very regretful. When Li Bing first wanted to found Weilan Auto, he approached Huahua Capital.

But they considered that although Li Bing was a successful entrepreneur, he was in the Internet field.

Electric vehicles involve physical industry and various technologies. Some people were not optimistic about Li Bing's development of electric vehicles, so they did not invest.

As a result, they did not invest, but Penguin, Gao Ling, Da Qiangzi, Lei Jun and other big guys invested...

Can you say that the big boss has no vision? After all, I and others made a mistake, and now it’s too late to regret it.

So if I plan to get on the bus in the second round of financing, even if the cost is high, I still have to get on the bus and grab a seat.

"Okay, I'll call you when the second round of financing opens." Li Bing smiled with a smile on his face, but he was also laughing secretly in his heart. He was not optimistic about my Weilan car. Now he regrets it!

"No need to wait for Wei Lan, there is a good project now, do you want to invest?" Li Bing looked at him and said with a smile.

Liu Dahai reacted quickly. He glanced at Fu Weiwei who was still giving a speech on the stage and said, "Are you talking about this shared bicycle?"

"Yes, Baimo Bicycle is the best-quality shared bicycle currently on the market. It has only been online for a few days in Shanghai, and it has been widely welcomed by the people. The number of registered users has exceeded 100,000."

Li Bing was quite proud when he talked about Mobike. Fu Weiwei did not disappoint him. The project was implemented very quickly and the current operating results are also very good. This made him very happy.

Liu Dahai pondered for a moment and said:

"Bicycle sharing is indeed a good project, but I have a concern! Huimin Bicycle is said to have launched more than 100,000 bicycles and millions of registered users.

Can you give me a reason to surpass them?"

Although Liu Dahai has a good friendship with Li Bing, friendship is friendship. When it comes to business, he must show the correct attitude of a professional investor.

It's Huimin Bicycle again, Li Bing is so angry! With Huimin Bicycle in front, Baimo Bicycle's development is not going well.

"Bicycle sharing is a low-threshold project with no high technical barriers. Although Huimin Bicycle is currently in a leading position, it does not mean that it can always lead.

At present, many bicycle brands have begun to appear on the market, which explains everything.

The world is uncertain, you and I are both dark horses!

There is still a chance for Baimo Bicycle to overtake us. Fu Weiwei is in charge at the front, and I will provide all kinds of resource support from behind. I am also an entrepreneur who has led listed companies, and I am confident that I will lead the brand Baimo Bicycle well..."

Li Bing knew that professional investors were always shy, so he stopped being modest and began to list his own advantages.

Liu Dahai shook his head and said with a smile: "After all, Fu Weiwei is still at the helm. If you don't want to make an electric car, you can take the helm of a motorcycle yourself."

I didn’t say anything and just sent the money!”

"Zhang Yida is not an easy man either. I heard that Ruixiang made Leech Jinfu nervous. Even Bonima and Jackma admire him.

With him in charge of Huimin Bicycle, it will not be so easy to deal with."

As a professional investor, Liu Dahai is well-informed and learned a lot about Zhang Yida through many channels.

Under 20 years old, he is in charge of a financial technology group worth tens of billions of dollars. Some people call him "China's Zuckerberg."

Li Bing was a little unconvinced and said:

"Rui admits to me that it is a very good company, but after all, it has only been founded recently, and tens of billions of dollars is only a valuation, not a market value.

In the future, there will be fierce competition with Leech Financial Services Group, and it is not certain who will win!

Another one, Zhang Yida also owns many industries. According to the information I got, Huang Xiaofeng, the former general manager of Uber Magic City, is responsible for the daily management of Huimin Bicycle.

Zhang Yida's main focus is still on Ruixiang. Next year, Jack Ma said that he will spend 10 billion to defeat Ruixiang. It will be enough for him to have a headache. Does he have so much energy to take care of Huimin Bicycle?

Therefore, we also have a good chance of becoming a motorcycle brand. As long as Huimin Bicycle has a slight problem and no longer maintains rapid growth, we will have a chance to overtake it.

Our current goal is to be second in the market first!”


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