Because Bumblebee itself has the least capital among the three companies, during the period when Bibi and Kuaidi were competing against each other, he could still take advantage of the opportunity through guerrilla warfare, but under the pressure of Uber’s capital, there was no chance at all.
During the few days of the wedding, Uber and Baidu teamed up to flood the market with advertising. Bibi’s market shrank severely, and the entire team was anxious.
The most critical thing is that because of Uber’s high subsidies, drivers have flocked to this foreign platform, causing the vehicle response speeds of Beep and Kuaidi to seriously slow down.
All kinds of bad comments are also coming in one after another.
In order to curb this situation, Bibi designed a pop-up window in the background. Once it detects that the phone is connected to Uber, a prompt “Do you want to uninstall Uber?” will pop up.
But the end result was that Bibi found that its daily active users began to plummet, so it quickly stopped.
Kuaishou came up with a better idea, which was to publicly report Travis’s remarks on the Internet through domestic online platforms.
“Chinese people are the most vain.”
“Chinese companies are just like babies that never grow up.”
“It’s easiest to make money from Chinese people.”
When these remarks were exposed, they indeed aroused fierce resistance from the melon-eating public, and Uber was immediately criticized on the Internet.
This is a basic link in the business war, the public opinion war.
But then, Chen Chuanxing discovered that Uber’s business volume had not decreased as a result.
You should be scolded online, but in reality, people who need to take a taxi will still use it.
At this time, Uber’s market share has reached 60%, while Bibi and Kuaishou’s combined total is less than 40%.
Cheng Wei was so anxious that he almost cursed, but at this moment he received a call from Travis, inviting him to have a business meeting.
The market was lost, but the aura should not be timid, so Cheng Wei came as promised and met the founder of Uber who had beaten him to defeat.
“Mr. Cheng, market competition is inseparable from funds. Internet wars can only be won by those who can spend more funds. This is a truth.”
“In this case, it is impossible for Beep to defeat Uber. I think you and I are both aware of this fact.”
“In the past few days, you have tried various methods, but you have achieved nothing, haven’t you?”
“You exposed my remarks on Facebook through the media, thinking that this would affect Uber’s business, but what happened?”
“My evaluation of Chinese consumers is not wrong. They don’t care what I say. Even if I belittle them, they will still stay because of the discounts I offer.”
“But Mr. Cheng, how much money does Bibi still have? If you continue to burn like this, you may have nothing, so during this meeting, I want to make a win-win proposal for both parties.”
“I am willing to acquire 60% of Bibi’s equity and merge the business.”