Reborn multinational giant

Food, clothing, housing and transportation are the basic needs of an ordinary person in society, and the most critical basic condition for travel is a map!

In the era of mobile Internet, whether it is food delivery, taxi rides, or various O2O peripheral services, a great prerequisite depends on the user's location.

There is no map, including takeaway, taxi and various O2O services, which can’t operate normally. Therefore, with a stroke of a stroke, Fang Zhe acquired the most powerful map service provider in China, AutoNavi. map.

In the previous life, Alibaba purchased AutoNavi Maps in 2014 for more than 1 billion U.S. dollars. In this life, there are still three years away from 2014. The importance of map services in the mobile Internet era is not so obvious. The crowd seized the opportunity to take advantage, and won the map of Gaode in advance at less than half the price.

Therefore, winning the AutoNavi map is equivalent to Fang Zhe's deployment of the O2O field for Huizhong.

Whether it’s Huizhong who has invested in Hungry in 2009, or last year, Zhongying Capital funded the taxi-hailing software Kuaian Taxi, which was founded by Cheng Xiaodong, a graduate of Dark Horse College. Currently, they are all using Gaode maps. After Huizhong won the Gaode maps , Also has stronger control and influence over the two companies.

Kuaan Taxi, whose name implies fast and safe taxi-hailing, is the same as Uber, Didi and other taxi-hailing software in the past. Kuaan Taxi is a taxi-hailing platform that uses mobile phone software to quickly and safely take taxis. The Kuaan Taxi company where it is located was founded in In May of last year, it was also one of the most dazzling star startups in the country last year.

The founder of Kuai'an Taxi, Cheng Xiaodong, graduated from China's richest man and founded by Huizhong boss Fang Zhe. It has become the largest mobile Internet training and education platform in China.

In addition, since the establishment of Kuai'an Taxi, it has continuously received angel rounds and A rounds of investment from Zhongying Capital under Fang Zhe’s name. Therefore, it is widely reported that Kuai'an Taxi is actually Huizhong’s President Fang or Huizhong, a startup company incubated and cultivated!

At present, the business scope of Kuai'an taxis mainly includes the express services provided by taxis and private cars registered on the platform. In addition, such as Fang Zhe knows of the previous life Didi, Uber and other platforms that existed in special vehicles, Shunfeng and even For bicycles, scooters, and other services, there are no Kuai'an taxis. Although Fang Zhe knows these, he will not be so painful to call Cheng Xiaodong over and give him some creative advice.

Leaving aside the identity gap between the two people, Kuai’an Taxi wants to develop normally. Its founder Cheng Xiaodong and the entrepreneurial team both need to grow up slowly. If Fang Zhe has to worry about everything, it’s not as good as Huihui. Let's make a taxi platform by ourselves!

Nowadays, Kuaan Taxi has opened taxi services in ten cities across the country, including Beijing, Shanghai, Guangzhou, Shenzhen and several first-tier cities. The number of taxis and private cars registered on Kuaan Taxi has exceeded 50,000. Registration The number of users of Kuai'an taxi has also exceeded 1 million!

There are buses and taxis everywhere on the street. In this case, why do people use a special taxi-hailing software to get a taxi?

This is Kuaian Taxi. When it was first founded, all the Internet colleagues who paid attention to it were quite puzzled. It was different from the previous life when Didi was founded. The foreign uber has been developed for one or two years, regardless of whether Didi has a future. Now that the foreign uber has developed, the domestic Didi Energy seems to be no exception.

When Kuaan Dache was founded, it was the world's first. Even the ancestor of the past car-hailing software, Uber, is the same in this life as it was before. It was not launched in the United States until October last year.

Because of this, not many people can understand why a young man who just graduated from Dark Horse College would make a taxi-hailing software that does not seem to be in demand by the market, let alone understand why it has been under the general name of Huizhongfang, who has been looking like a torch. Zhongying Capital will favor such a startup company!

It is not difficult and convenient to take a taxi. Only those who frequently take a taxi and have personal experience will understand whether there is a real demand. And Cheng Xiaodong, who started designing taxi software before graduating from Dark Horse Academy, is very Obviously, I have a deep understanding.

As one of the top ten national star startups in 2010, Cheng Xiaodong, the founder of Kuaan Taxi, preached in an exclusive media interview from NetEase Technology Channel:

"Before I went to study at Dark Horse College, I had an internship in a software company for half a year. At that time, our company worked very hard overtime, and we almost got off work until 11 or 12 every night.

At that time, the subways and buses were basically stopped, and only taxis were available. Although the company has a taxi fare subsidy, our company is not in a very good location. Every time you take a taxi, you have to walk ten minutes to the main road and wait for taxi car.

This work experience has a profound impact on me. Later, I went to Dark Horse Academy to learn mobile Internet development technology. I was thinking that now that mobile phones are becoming more and more popular, if each of us can install a taxi software on our mobile phones, tell the driver directly Where are we, then we just need to wait to get on the bus at the same place, and we don't need to find a place with heavy traffic to beckon and wait for a taxi, and we don't have to worry about being slaughtered if the price of a black car is not transparent.

Moreover, I also feel that as our living conditions get better and better, most of the private car resources in many homes, that is, free time, are mostly wasted.

I was thinking that if we can set up such a platform and make use of these resources, not only will it be convenient for passengers to take taxis, but private car owners will also be able to earn some extra money to subsidize their families through such a way, which is the best of both worlds!"

After Cheng Xiaodong’s interview was reported, many people who did not understand before and believed that taxi-hailing software had no future or prospects began to realize that they were optimistic about the industry.

In particular, when overseas media selected Silicon Valley’s top ten star startups of the year, including a taxi-hailing software company named Uber that was founded in October last year, all Internet colleagues seem to realize that the taxi-hailing software industry seems to be still It's really a promising industry.

Otherwise, why would Uber be ranked among the top ten startups in Silicon Valley of the year? Otherwise, why is the Zhongying Capital owned by Huizhongfang, which claims to be far-sighted and whose return on investment is less than 200%, is in the domestic market? In addition, it also invested in Kuaan Dache and Uber, which are taxi-hailing software!

Therefore, everyone thought that Huizhong spent a huge amount of US$450 million in cash to buy AutoNavi Maps in order to cultivate and control Huizhong’s investment in food delivery company Ele.me and taxi software company Kuaian taxi. The investment of this time expressed optimism and understanding, but at the same time, many people think that Huizhong spends such money to buy a map, it is not worth it!

After all, Ele.me and Kuaian Taxi are just starting-up companies. Not only have they been burning money but not making money, the valuations of the two companies in the capital market add up to less than 300 million US dollars.

For these two companies, is it really worth buying a map company more expensive than the two companies?Or does it mean that President Fang from Huizhong has a deeper purpose that they can't see?

Yes, of course they can't see it. If they want to be able to see it, why do they want Fang Zhe, the reborn!

O2O, location-based LBS social networking, driverless, each of which is a huge industry and market derived from map services.

450 million dollars is still too expensive?If he could buy the global business of Google Maps for US$4.5 billion, Fang Zhe would buy it even if he borrowed money!