Huang Xin: "Basically all the well-known Internet companies in China are now making short videos. Are you afraid? @张伊达."
Zhang Yida: "Without a goal, no direction, and no plan, we just join in the fun. It's almost like the "Thousand Regiments War" back then.
These resource investments will eventually become nutrients for the growth of Zhonghe Group.
With the rise of the magnesium group, aren’t there thousands of corpses of our colleagues lying at our feet?”
Huang Xin: "Thumbs up! They're just chickens and dogs! I'm not optimistic about these companies that are just joining in the fun.
If there is a trend, you will just follow it and lack the ability to think independently and make judgments."
Chen Wei suddenly spoke in the group: "When are Zhonghe and Ruixiang planning to IPO?"
Zhang Yida: "It's too early to talk about an IPO now. We haven't found a stable profit model, and there is still a fierce battle to be fought in short video and mobile payment."
Chen Wei posted an emoticon saying "You are lying" and added: "I'm being humble. I heard that Ruixiang has never lost money since its establishment. Is lending really that profitable?"
Zhang Yida: "Try it yourself. Grant a credit limit to drivers and passengers based on the data and information Didi has and use it on a recurring basis."
Chen Wei: "Like Yongbei and Daibei?"
Zhang Yida: "To be precise, it's a loan. Of course, you can also get a consumption limit that can only cover the fare."
Chen Wei: "Oh, we are doing this and plan to connect mung bean credit points as a basis for risk control."
Seeing this, Zhang Yida smiled.
Chen Wei is not willing to become a puppet!
Some of the little tricks Didi did during this period were not hidden from anyone who was interested.
A few months ago, we acquired “Yijiu Pay” and Curve obtained a payment license.
What do you want to do?
Want to cause a rebellion between Ahri and Penguin?
In response to this, Didi's external reply was: "Travel is an important scenario for payment transactions. Didi has been maintaining extensive discussions and exchanges with partners in the payment industry. Didi will continue to focus on the travel field and has no plans to enter the payment industry."
Don’t have any plans to enter the payment industry? Why don’t you buy a license?
Zhang Yida would never believe Didi's external reply.
When a company reaches their size, who doesn’t want to get rid of the constraints of giants?
If it's just a small company with a few hundred million or billions of dollars, then it's definitely very comfortable to hold it on your lap.
With the huge platform resources, traffic, and financial support of the giant, my life is very smooth.
But when it reaches tens of billions of dollars, if you want to reach a higher level, you will inevitably have conflicts.
These judgments can also be gleaned from the fact that Didi’s recent rounds of financing have been led by SoftBank.
In addition, Ahri also sold a lot of shares to SoftBank, which has become Didi’s largest shareholder.
Chen Wei also wants to use SoftBank to dilute Penguin and Ahri’s shareholding and influence in Didi.
In the long run, SoftBank, as an investment institution, only seeks to make money, and is more suitable as a major shareholder than Ahri and Penguin, who are trying to control Didi.
Why is Huang Xin silent?
Zhang Yida suddenly discovered that Huang Xin had become invisible at some point, and asked Huang Xin, "Should Magnesium Tuan's consumer credit business be connected to mung bean credit points? The lowest discount!"
Huang Xin replied: "Okay, arrange it!"
When Zhang Yida and Huang Xin were chatting, Chen Wei disappeared again.
The two deliberately "avoided seeing each other", and Zhang Yida more or less guessed some of the reasons.
Magnesium Tuan launched the "Meg Tuan Taxi-hailing" service in Jinling earlier this year, and its daily orders are currently close to 100,000.
It can be said that Magnesium Tuan has given Didi a severe blow in its core business areas.
It is said that the day before Magnesia Taxi went online was Valentine's Day, and Huang Xin and Chen Wei had dinner together...
However, the next day came the news that Magnesium Taxi was launched in Jinling.
Huang Xin is a real ruthless person. He will invite you to dinner on the first day even though the war is going to start the next day.
I don’t know if he is deliberately paralyzing Chen Wei, or if he is trying to make amends in advance.
After learning that Magnesium Tuan launched a taxi-hailing function, Chen Wei asked Huang Xin why, and the latter responded with a simple four-word answer: "I just want to try it."
Chen Wei regarded this as a declaration of war and immediately closed the Magnesium Tuan interface on the Didi APP.
Huang Xin shouted from the air: "Everyone must accept that competition and cooperation are the new normal in the future."
Chen Wei's reply was only five words: "If you want to fight, then fight!"
Since then, the friendship between the two has capsized.
Chen Wei and Huang Xin met in 2011, when Zhang Yida was still in high school at Chengcheng No. 7 Middle School.
Huang Xin and Chen Wei are not as all-powerful as they are today. They cannot be said to be minor players, but they are not irreplaceable either.
At that time, Magnesium Group's market share was not among the top three in the group buying field. Huang Xin, who was in desperate need of funds, accepted US$50 million from Ali.
The person responsible for Ali's business docking with Magnesium Group was Chen Wei, who was working at Alipay at the time.
Although Magnesium Tuan and Ahli later fell out, it did not affect their friendship because Chen Wei also resigned to start Didi.
There is another person in the Justice League quartet, Zhang Ming, who has been diving but has not come out to speak.
He and Zhang Yida are also very different from each other!
The development of Toutiao Video did not go smoothly because it was attacked by TikTok.
As a result, ByteDance currently only has one flagship product, Jinri Toutiao, to support the field of graphics and text. Other products such as Neihan Duanzi, Wukong Q&A, Understanding Car Emperor and other products have obvious ceilings and limited imagination.
Blocking someone's way of making money is like killing your parents!
So Justice League F4 has fallen apart!
Zhang Yida first fought with Chen Wei, then with Zhang Ming, and then Chen Wei and Huang Xin fought each other.
Fifteen years ago, the group of four was still very active. It was common for the four of them to chat lively, give each other advice, argue, and have meals together.
But now, it can only be said that the appearance and appearance are different.
There was no Zhang Yida in the previous life, and the three of them, Huang Xin, also formed a WeChat group.
The ending is not much better than now.
But what makes Bonima happier is that the four people set up the group on WeChat instead of DingTalk.
Does this mean that he is better than Jack Ma? At least he is more popular among entrepreneurs.
Bonima was smoking a cigarette in the office and looking at the computer. He could clearly see all the chat content of the Justice League members.
No? The frequency of chatting is getting less and less. It seems that the four of us are going to break up.
Bonima put out the cigarette butt in the ashtray and closed the "monitoring" applet.
He actually didn't want to do such a thing.
But I just couldn't help but wonder, what do the four people talk about every day? What kind of person do I look like in their minds? Do I contradict a penguin?
In the end, curiosity defeated his morality, and he took action himself and created this small program.
As soon as four people chat online, the mini program will remind them immediately.
What makes him a little disappointed is that he has been monitoring the four people for almost four years and has not found any valuable information.
What puzzled him the most was that Zhang Yida seemed to admire him very much. He often said in the group that he should learn from Penguin's corporate culture, focus on products, and respect technical talents.
At first he was a little secretly happy, but then he thought, something didn't seem right. Did they discover it?
In addition, the only significant discovery is that except for Zhang Ming, the other three people particularly dislike Jack Ma.
Especially Zhang Yida and Huang Xin often complain about Jack Ma in the group.
In addition to Didi, Magnesium Tuan also obtained a payment license.
However, Magnesium Tuan has not made efforts on the online and C-side. Its main focus is on the acquiring business of millions of offline merchants and smart POS.
In addition, Magnesium Group is also the second largest shareholder of Yilian Bank and has its own plans in small loans and insurance.
In addition to car financing leasing, car purchase installments, and car insurance, Didi has also gradually turned its attention to online loans.
Both companies also have hundreds of millions of users and have massive traffic, making them very suitable for lending.
In addition to self-operated loan business, he also started Ruixiang's old business, traffic trading.
At present, the two companies have limited digestion capacity and are still helping to divert traffic to some online lending platforms.
Based on the principle of not wasting money, Zhang Yida discussed the cooperation with the two men.
He plans to let companies such as Jincheng Consumer Finance, Xingwang Bank, Yimin Dai, and Yimin Puhui join the traffic open platforms of Meituan and Didi.
Zhang Yida had no direct business conflicts with the two of them, so they both readily agreed to cooperate.
Anyway, traffic is sold to anyone, and it’s not like Zhang Yida doesn’t pay.
As for Zhang Ming, Zhang Yida did not ask for trouble.
Because, the conflict between Zhonghe Group and ByteDance will expand again.
…
"My friend, after some investigation, I feel that our Abu Dhabi Investment Authority cannot invest in Zhonghe Group yet."
Zhang Yida looked at Mansour who came to say goodbye to him and asked why.
After finishing his investment work in Ruixiang, Mansour stayed in China for some time.
He also sent out all his subordinates to investigate the Zhonghe Group.
"Because my subordinates told me that Zhonghe Group is not worth US$80 billion at the moment."
Mansour spread his hands with a very regretful expression.
Zhang Yida was a little embarrassed. Mansour was indeed a rich man, but he was not stupid.
Zhonghe Group is currently not worth US$80 billion. This is indeed an indisputable fact.
Next year, we should be able to achieve it next year. Zhang Yida encouraged himself in his heart.
Mansour added: "I see that many Internet companies in China have announced their entry into the short video track, which makes me a little unsure.
You know that the Abu Dhabi Investment Authority does not belong to me alone, but to all citizens of Abu Dhabi.
So, unfortunately, my friend, I can only decline your kindness."
Zhang Yida smiled and said, "It doesn't matter. There is an old saying in China that business cannot be done without justice.
No matter what the outcome is, it will not affect our friendship."
Mansour pondered for a moment and then said: "In this way, we will discuss this issue again in half a year.
If Zhonghe Group's business can reach a higher level, a valuation of US$80 billion is not a problem at all.
We can accept even higher valuations."
Mansour had a good plan. Seeing that the Zhonghe Group was facing embarrassment from all sides, he wanted to hold the currency and wait and see.
It’s not too late to invest again when the situation becomes clearer.
For him, the safety of principal is the most important thing. After all, billions of dollars is not a small amount of money, so he must be cautious.
"Okay, no problem, we'll see again in half a year!"
Mansour said a few more words of blessing before leaving.
Returning to his seat, Zhang Yida looked at the latest business information in his mailbox and made up his mind.
Since Penguin is unkind, don't blame me for being unjust.