When he said this, Douglas was quite resentful. By the way, seeing that the industries under Chuke Technology are developing more and more rapidly, industries such as SG games and Renren Technology have begun to gradually monetize, and the original investment has begun to bring enough returns to KPCB.

Just talking about new industries, such as Twitter, Meituan, etc., are now extremely rapid. Meituan has begun to cover first-tier cities and has begun to fight against Lashou.com.

Although there are Dianping, which has newly emerged in Shanghai, Ele.me, which mainly sells food delivery services, and Qiangu Interactive have also launched Nuomi.com, which are all developing rapidly, Douglas and other investors who support Meituan are very optimistic.

I think Dianping, Ele.me, Nuomi.com and others are just scabies for Meituan, and they are not afraid of it. As long as I defeat Lashou.com, Meituan will be able to occupy the entire group buying market in a smooth and stable way!

Under this idea, an old fox like Douglas naturally felt that investing in Meituan has received a little less equity. Today's Autohome has been postponed for so many years, but its valuation is already very high.

Chuke's industries with huge technology are too tempting. Not to mention that there are ideas on Wall Street, even if KPCB Venture Capital has invested in Chuke's technology companies, it is very envious of Chuke's industries with huge technology.

Chen Chu did not point out Douglas' optimistic thoughts about Meituan. The more they are optimistic about Meituan, the more willing they are to invest. However, in the group buying market, almost all those who should enter are about to enter, and major group buying websites are catching up.

When the major group buying websites cover their operating sites in major cities, it is time to compete for bayonets. Then the time will be when the bayonets are popular. Chen Chu doesn’t know if Douglas, the old fox, can still laugh!

The cooperation between Autohome and Hertz car rental company has almost caused thunder to the domestic automobile industry, and the entire domestic automobile industry has been shocked.

As the world's largest car rental giant, its giant with more than 600,000 cars, its cooperation with Autohome will undoubtedly cause a huge shock to the entire domestic automobile and travel industry.

Although I don’t know what kind of cooperation Hertz will reach with Autohome this time, Hertz Car Rental Stock, which was listed on the New York Stock Exchange, rose 15% in a single day after the news came out, and the stock price reached a new high in recent years. It is enough to see how excited the cooperation between Hertz and Autohome on Wall Street is about Hertz.

The old car rental company, which has been the most popular in recent years, may also enter the domestic car rental market, which is enough to give people flawless imagination!

The domestic automobile industry is even more excited about this news. Once Hertz enters the domestic car rental market, it will definitely require a large number of cars, which is a huge opportunity for domestic cars.

Let’s take a look at the three major North American automakers, General Motors, Ford and Chrysler. Every year, 10% of new cars are directly bought by Hertz as a supplement to Hertz’s car rental. Last year, Ford’s 10% pre-tax profit was contributed by Hertz, which shows how important Hertz is to automakers.

At present, Hertz car rental may enter the domestic market. For major domestic auto manufacturers, this may also be a huge piece of fat, which is enough for several major auto manufacturers to be excited about it. For a time, major domestic auto manufacturers have all extended olive branches to Autohome, hoping to contact Hertz through the Autohome relationship.

However, the excitement of the automobile industry is not a good thing for several existing car rental platforms in China.

As soon as the news came out, the listing plans of several major domestic car rental platforms that were originally preparing to go public were all stranded. At present, the domestic car rental market is headed by four major car rental platforms, and there are corresponding regional car rental platforms in various places.

YiHi Car Rental is currently the most revenue-generating car rental company in China, with business locations spread across major first- and second-tier cities in China. As for Shouqi Car Rental, you can tell the background by listening to the name. It is a platform under Shouqi and the earliest car rental platform in China. It has appeared as early as the last century.

However, Shouqi Car Rental, which has a state-owned background, has no shortage of business, just like Shouqi. Various domestic activities, sports activities, economic forums, etc. are all borne by Shouqi Car Rental. However, Shouqi Car Rental, which has the strongest strength and the most vehicles, has developed by YiHi and other car rental platforms.

In addition to these two companies, there are also Guosen Car Rental and Shenzhou Car Rental, which have been established in recent years for a short time but have developed quite rapidly. The latter is the light of domestic products. It was established by a certain Xun Coffee boss who has cut the leeks on Wall Street.

In addition to the four major car rental platforms, there are more than 400 small and medium-sized car rental companies mainly in various cities, including Reca and Supreme Car Rental. However, the four major car rental platforms account for more than 30% of the entire domestic car rental market, and the number of cars under them exceeds 150,000!

But even the four major car rental platforms feel a little overwhelmed by the arrival of Hertz, a cross-river dragon. All the vehicles in the entire domestic car rental market are only more than 500,000, while the number of cars in the global Hertz company exceeds 600,000.

In terms of revenue, Hertz's revenue is twice as high as the top four car rental platforms. How can such a behemoth not make the car rental industry frightened if it wants to enter the domestic market?

It would be fine if Hertz was just a crossing river dragon, but it might not be able to do it as a local car rental platform, but if Autohome leads Hertz, the entire car rental industry suddenly sounds a "pill" sound.

When Hertz is in China, can she be able to fight like abroad? I don’t know how many car rental platforms are, but Autohome is definitely very capable. If there are hundreds of 4S flagship chain stores in Autohome are blooming everywhere, no one can stop it?

It was just that it was not stopped at all. The 4S chain stores that joined the Autohome chain later were basically local powerful figures. In fact, the influence of Autohome is much greater than that of several major car rental platforms!

As soon as the news of Hertz's company coming to Yanjing and cooperating with Autohome came out, various scenes suddenly appeared in the entire industry related to the automobile industry. Major auto manufacturers were very excited, while the car rental industry was wailing everywhere, and the scene on earth was nothing more than that.

However, these did not have much impact on Autohome and Chuke technology. Li Xing was busy everywhere and asked Wei Mengqi to come forward to help contact personnel from various departments and institutions, hoping to get the Autohome membership joint card.

To a certain extent, FUC Card may be the most important industry for Autohome in addition to websites and 4S stores. In the future, Autohome’s information platform may be replaced, and the status of the largest 4S chain brand in China may not be guaranteed. However, as long as this FUC card is still there, and the tens of millions of FUC card users behind FUC Card are still there, then Autohome will be invincible!

Qin Changqing, Wei Mengqi and others did not expect that this time, Autohome would be so big, such as having to cooperate with gas stations and highways. If Autohome did it by itself, it would not be impossible to do it, but they did not know how many procedures they had to go through and how many reviews and signs were required before they could get the contract.

With Wei Mengqi's post, you need to do things quickly. In less than a few days, Autohome reached an agreement with 325 gas stations in Yanjing. In the future, users who hold a Fusion Union card can enjoy a 20% discount at these gas stations.

Of course, the gas station is not giving these discounts in vain. In the future, Autohome will return part of the commission from the FUC card to the oil company and the gas station every year.

It is hard to say who takes advantage of it, but at least it opened up a situation for the membership card of Autohome. Then Li Xing began to contact chain hotels, restaurants, supermarkets, theater chains, large tourism companies, scenic spots, etc. All parties are quite interested in Autohome's proposal. This kind of industry must be more or less related to travel. If the users of Autohome can reach a certain scale, these merchants of Autohome will undoubtedly bring huge user flow.

If it weren't for fear of being smashed, Li Xing would still want to join forces with several major domestic airlines. The consumption strength of air travel users is at least above the average level.

But in the end, I gave up. Domestic airlines are doing very well now and there is no shortage of users at all. They may come to you only when they can’t make it.

Before Autohome and Hertz had met, Chen Chu could not wait to come over.

Even though it has been a bit down in recent years, Time Warner still maintains the style of a world media giant. This time, people who came to Yanjing all came to Yanjing on a business chartered flight.

"This is AOL, Loren Reeves, president of Time Warner's joint operations. ICQ mergers and acquisitions are all led by President Loren Technology and Autohome!"

In the conference room of Chuke Technology Headquarters, Douglas introduced a middle-aged man in his forties to Chen Chu.

Listening to Douglas' suggestion, Chen Chu didn't understand yet. Loren Reeves was from Time Warner.

"President Luolun, welcome to Yanjing!" Chen Chu said to Luolun Reeves and several Time Warner executives.

Loren Reeves, who is in his forties, wears a pair of gold-rimmed glasses and is dressed as a typical Wall Street professional manager. I wonder if it is because there are too many troubles between AOL and Time Warner in recent years that Loren Reeves has now had a lot of white hair.

Luoren Reeves was also looking at Chen Chu. Chen Chu, who was wearing casual clothes, was a little younger than the pictures that appeared in financial magazines. This made Luoren Reeves sigh in his heart, feeling that in the next few decades, the technology and financial industries might continue to change due to Chuke's technology.

"I have always wanted to meet you, Chen, but I don't have the chance. I finally have the honor to come here today!" Looking at Chen Chu in front of me, Loren Reeves, who was a little gentle, would not have thought that his investment could actually bring a hundred times the return. Instead, Time Warner and AOL, which were carefully managed, were in a mess.
Chapter completed!