Hangzhou, Alibaba headquarters:

Cai Chongxin touched his temple and said, "David is really a gamble. He bet on the business we don't have yet to do, and we will save him."

Zhang Yong said: "Can the court directly transfer the bicycle to us?"

Cai Chongxin shook his head and said, "This is not OK. It does not meet the bankruptcy process. Moreover, Zhejiang Province can operate this way. Who elsewhere will listen to us? Ofo involves hundreds of cities, so it is impossible to get along with relationships."

Ma Yun, who was standing beside him, sat on the sofa halfway and said, "That's all, let's start over, and ofo should do whatever you want? You can't spend more money just because the money that has been smashed into the water."

Cai Chongxin said: "It's all I can do when I cut the mess with a quick knife. I didn't expect that David wouldn't let go at this time."

Under normal circumstances, when ofo is in a situation like this, entrepreneurs will definitely choose to cash out and leave the scene, retain some of the shares again, and then give up their controlling stake. Cai Chongxin can accept both of these, and even if there are other conditions, they can be discussed, but what he unexpectedly expected is that David actually refused to let go, which directly broke all the situations he arranged. When the opponent is not afraid of losing everything, it will be useless to threaten him with losses.

"Young people are too bloody and refuse to admit defeat. We should pay attention to this kind of entrepreneur in the future." Ma Yun waved her hand and said. He didn't care much about the losses of hundreds of millions of dollars. Since Alibaba was established, there have been too many investments, some of which have succeeded, and some failed. This is not the first case of failures of hundreds of millions of dollars.

Zhang Yong asked: "Since that's the case, I will directly apply to block all ofo shared bicycles. Since ofo cannot be used by us, it will go bankrupt."

"Yeah." Ma Yun nodded.

Cai Chongxin asked: "During this period, Harrow Bicycle has dug up a lot of local teams from ofo?"

"There are some." Zhang Yong said.

Cai Chongxin said: "Then quickly use them to start our bicycle promotion. Another thing is that from the current ofo poaching people, their management is chaotic, but that is the responsibility of the highest level. The people below can do their business so much, and they still have the ability."

"No problem." Zhang Yong nodded and said.

Ma Yun asked again: "What is the situation of Zhou Yujie's little blue bicycle now?"

Zhang Yong said: "Zhou Yujie acquired a small company a few months ago, but recently he has invested a lot. He has many sites in more than 200 cities across the country. The team building is also pretty good. Many of them are offline operation personnel who are selected today. Judging from the current situation, the shared bicycle business will definitely be a main business of Toutiao."

"Then we have to work harder. Just like Toutiao, based on Alipay's credibility, you set a value, and then all users with high points are exempt from deposits. We also need subsidies for rent now." Ma Yun said.

Zhang Yong replied: "None of these are the problems, hardware is the one. We do not have enough bicycles at the moment unless we can get all of ofo's inventory as soon as possible."

Although Alibaba had the idea of ​​doing Haro Bicycle, Alibaba was already the major shareholder of ofo at that time, ofo and the number one in China. Alibaba did not need to invest in a car company to compete with its own partners. The Haro Bicycle business could only be suspended.

Now, Alibaba has no way to obtain enough hardware facilities in a short period of time, just like the headlines half a year ago.

Ma Yun said: "Just purchase bicycles. In short, I can't let Toutiao or Tengxun monopolize the market. At least we have to ensure a balance."

Everything is for payment, takeout, and online car-hailing. The business model of shared bicycles actually has a big problem, that is, the maintenance cost is too high, but ofo and everyone happened to encounter the opportunity and all took off.

Although it has fallen down now, tens of millions or even hundreds of millions of users are enough to compete for any payment giant. How could Alibaba, as the former payment boss, lose this market?

"Then we can only start over and spend money to rob the market. This may cause a new money-burning war." Cai Chongxin said with a frown.

In the past, takeaway and online car-hailing, the three parties burned hundreds of billions to form a balance. Now shared bicycles will obviously repeat this mistake. Moreover, when it comes to burning money, Alibaba is always at a disadvantage because it has no traffic...

Fortunately, the future prospects and scale of the shared bicycle market are far from comparable to online car-hailing and takeaway, and the scale of money burning will not be as good as the previous two times.

Ma Yun said: "It doesn't matter if it's burning money. Although Mobike's market is high, they and Tengxun are two companies after all, and it's difficult to cooperate so smoothly. As for Toutiao, it is indeed ahead of us. However, they have too many development directions and are unlikely to invest too much energy. If they burn money too hard, I will talk to them all."

"Okay, then I have to take advantage of this time to grab the market." Cai Chongxin said with a smile.

The previous online car-hailing money-burning war was tens of millions a day at its peak. Then the three parties could not stand this consumption, so Ma Yun invited all parties to discuss and finally decided to no longer have large-scale subsidies. As the competition in the takeaway market began to stabilize, everyone relied on slow operation to attract users.

Alibaba has just entered the current shared bicycle market. In order to gain market share, radical strategies must be needed. Toutiao and Tengxun will definitely keep up. In this way, the money-burning war will happen again. If you want to end, you can only end it with Ma Yun and a few others, and then the market will basically stabilize.

How much market can Alibaba’s Harrow Bicycle actually reach depends on the past year.

...

Ofo's turmoil continues. After rejecting Alibaba's acquisition request, ofo's shareholders were also angry. Although they may be forced to clear the market after Alibaba takes over, at least there will be some compensation and the losses will not be so serious. However, David's rejection has lost of ofo's final hope.

Because countless ofo users applied for refund of deposits, ofo also forced to announce that it could not be refunded for the time being due to "technical reasons", which clearly means no refund. Although each person's 200 yuan is not much, most of them are angry and scolding, a small number still filed lawsuits with the court.

If you look at the corporate risk rankings on Tianyan Check, ofo will definitely be the first, because thousands of people are suing it all over the country. Even ofo's shareholders sued David for personal gain, annexing company's assets, and illegally misappropriating deposits, etc.

Ofo's entire operating organization has also been officially paralyzed, and a large number of people are facing the risk of unemployment. However, Alibaba and Toutiao, which are preparing to enter the shared bicycle business, have also begun to acquire a large number of cheap professional talents.

The era of the Minions has come to an end.
Chapter completed!