There is no need to hide Chen Wei's coveting of Huimin's trip, because there is no way to hide it.

He took the initiative to express his goodwill and called Zhang Yida to express his willingness to connect Mobao Payment to Didi.

This is rare good news for Mobao Payment.

Didi Chuxing has more than 20 million orders every day. If Mobao Pay can take one-tenth of the cake, it can also receive 2 million payment orders every day.

At the same time, it also means that Mobao Pay can also return to the Didi travel software after an absence of nearly two years.

For Didi, Huimin Travel will definitely be integrated into the Didi Travel system, and users will slowly be migrated to the Didi Travel APP.

Let Didi become Huimin Bicycle’s only designated QR code scanning and unlocking APP, in order to increase the traffic of Didi Travel.

At the same time, Chen Wei also agreed to the five-year cooperation agreement between Mobao Pay and Huimin Bicycle.

It is precisely based on this that Chen Weicai agreed to start a comprehensive cooperation between Didi and Mobao Pay.

Because Huimin Bicycle has cooperated with Mobao Pay, it does not lack other online ride-hailing services, not to mention competing with six other payment methods.

And they are all on the same platform, with different payment options for bicycles and another set of payment options for online ride-hailing services, which sometimes hurts the user experience.

Many of Didi's current shareholders have a hand in the payment method.

Including WeChat payment, AliPay, China Merchants Netcom, Apple Pay, QQ wallet payment, and international credit card payment.

Even Chen Wei himself had the idea of ​​acquiring a payment license and launching Didi's own mobile payment.

First, it can save payment channel fees, reduce operating costs, and earn profits from the deposits generated by payment;

Secondly, it enables Didi’s entire financial industry chain to be connected, which is conducive to deepening the group’s Internet finance layout;

Third, user and consumption data are firmly in your own hands, free from the control of third-party payment institutions, and you can even develop new monetization models through data;

Fourth, in the era of mobile Internet, major Internet companies have begun to form independent platforms, and they all want to build themselves into a closed ecosystem.

The launch of payment will help Didi realize this closed loop and create a complete ecosystem of its own.

Chen Wei wanted to launch his own payment system, but was afraid of restrictions and strong opposition from shareholders.

So he thought of using Mobao Pay to test the reactions of shareholders.

If it can be settled, Didi will immediately follow suit. This trick of casting stone to ask for directions was mastered by him.

In addition, Chen Wei also agreed to retain the deposit financial cooperation between Ruimin Financial Management and Huimin Bicycle.

But he also has a condition, that is, the sharing ratio remains unchanged and the net profit sharing ratio between the bicycle company and Ruimin Financial Management is 75% to 25%.

After the additional conditions and obstacles such as cooperation terms have been cleared, the biggest differences in mergers and acquisitions fall on the purchase price and all-cash acquisition.

In the end, both parties took a step back. Chen Wei agreed to a merger price of US$6 billion, while Zhang Yida agreed to Chen Wei's 65% cash and 35% stock exchange plan.

Then, Didi held a board meeting and proposed a draft resolution to acquire Huimin Travel Group, and also disclosed details of various additional terms.

Ahli naturally objected resolutely. Didi's cake was only so big. If one more payment company were to share it, the share of the pie would undoubtedly become smaller.

Other shareholders also have some complaints, and the reasons are the same.

Chen Wei muttered one sentence, "If I don't agree to this clause, Zhang Yida will kill me even if I don't sell Huimin Travel."

Once this is said, all shareholders will have to weigh it.

Didi, which did not acquire Huimin Travel Group, and Didi, which did acquire Huimin Travel Group, can be called two species.

The former is called an online ride-hailing giant, and the latter is called a travel giant.

The difference in names may not seem big, but the connotation value and story concept are two different things.

Didi, which occupies the entire travel circuit, goes to the capital market to tell stories that are undoubtedly more moving.

Financial investment shareholders and these strategic investment shareholders also started to quarrel. The former didn't care if Didi added another payment method. It was none of their business.
Chapter completed!