When Xiao Jun and Hou Jun were talking, Li Zehua had already left. He was heading south along the Beijing-Guangzhou line, preparing to inspect the markets in various places.

The matter with JD.com has come to a temporary end. JD.com is serious about providing front-line services in the lower-tier markets.

However, the stock swap with Pinxixi cannot be completed in one or two months. Even if the bosses of the two companies are willing to do so, they also have to consider the interests of the venture capital behind them.

Besides, JD.com’s third round of financing has not yet been completed. When Zhang Lei attended an internal meeting, he made it clear that of the US$4.5 million in financing, various parties have pledged more than US$3 million, and another part is being coordinated.

The contract can be signed at the earliest in early October and at the latest in late November.

This is much better than the same period in history. JD.com has more funds to expand the market. In addition, the cooperation between JD Logistics, Hummingbird and Tongda Group can save more manpower and material resources.

JD.com today has developed much better than in history, especially with Qingyun as an ally, which can not only provide business support.

It is also attracting Ali's firepower head-on, so that Ali has no time to suppress JD.com, not to mention restricting JD.com's development in its own stores and b2c business.

Before leaving Beijing, his meeting with Sequoia Capital's Shen Nanpeng was quite pleasant. There was no actual conflict between the two sides, so there was no problem in maintaining superficial courtesy.

After obtaining the entry ticket to Pinxixi's second round of financing, Sequoia promised to help Qingyun Group successfully take over AutoNavi.

On this point, Sequoia sees further than others. If there is Qingyuntongda system and its cooperative partners, the personal navigation market will be boosted.

AutoNavi's future is by no means limited to a market value of several hundred million US dollars. The reason for the previous rejection was simply to use it as a bargaining chip.

Now that the initial goal has been achieved, there is naturally no need to continue the restrictions. He even took the initiative to speak up and expressed his willingness to do ideological work for other shareholders...

It was under this change in the external environment that Hou Jun's attitude was gradually influenced and changed. The company's actual controller, the largest external shareholder, and some small shareholders began to form a group.

This is also a strategic plan that is beneficial to the company's future development, and he was slightly shaken.

On the one hand, the company is about to go public and will soon make tens of millions of dollars in profits.

On the one hand, there are ongoing internal disputes, especially the conflict between Xiao Jun and Cheng Congbin, which has almost become clear in recent board meetings.

"Did Mr. Cheng go too far? Mr. Xiao told him the internal secrets, obviously to prevent venture capital from getting too involved. How could he reveal it privately?"

Hou Jun understood that Xiao Jun did not tell him the truth. He probably reached some special agreement with the Qingyun faction and was testing himself and Cheng Congbin in private.

Obviously, Cheng Congbin did not abide by this unspoken rule and sold Xiao Jun to venture capital.

This caused the latter to face difficulties at the board meeting from various shareholders, especially Chen Hao of Lianxiang Group, Zeng Zhijiang of Walden International, and Zhou Zixiong of Kleiner Perkins.

Although their combined shares were not as much as Xiao Jun's alone, the tendency shown by Cheng Congbin still made Xiao Jun feel pressured.

Emotionally, he tends to be towards Xiao Jun.

But from the perspective of practical interests, he must abandon this useless emotion.

Because the other party offers more chips.

This world is so realistic.

"Old Cheng is really good at giving me difficult questions. He gave up the position of chairman of the company to me and let Xiao Jun focus on business development and technology research and development as a full-time president.

With me mediating in the middle, perhaps I can resolve the conflict between the two sides."

As he was thinking this, he received a call from Xiao Jun. After hanging up, he vaguely understood that this might be the final showdown.

After all, the company was developed by Xiao Jun himself, and he must have noticed that the company's shareholders were secretly colluding to take away his position as chairman.

But what bargaining chips could Xiao Jun offer to impress him?

……

When Cheng Congbin was enjoying his life leisurely at home, his confidant who was stationed in Gaode suddenly called him.

"Boss Cheng, something big has happened. Just now, Xiao Jun, as the chairman and president of the company, dismissed me and Lao Liu from our positions. Now I can't even enter the company's front door."

"How dare he!"

Cheng Congbin stood up suddenly and said, "Tell me clearly what happened."

"When I got to work this morning, President Xiao personally brought people to the Finance Department and asked them to close the accounts. He also invited a third-party auditing agency to review all the account books from 06 to today.

I don’t agree with the dismissal document issued to me by President Xiao on the spot…”

When hearing such horrifying news, Cheng Congbin was completely stunned.

This is a show of turning the table over and tearing off the enemy's face. We are ready to fight him to the death!

"No, I've known Xiao Jun for more than ten years, and he doesn't have that kind of courage.

There must be someone secretly supporting this.”

Cheng Congbin’s guess was absolutely correct.

But Mr. Li will never admit it. What does what happened to Gaode have to do with him?

He doesn't have a penny of AutoNavi shares, don't wrongly accuse a good person!

He was almost ten days away from Kyoto, crossing the Yellow River from Hebei and Henan, and taking a detour to Anhui Province. In nine days, he traveled through three provinces, 9 prefecture-level cities, and four key counties.

Wherever I go, I will meet with the local front-line business team and communicate face to face with the managers of local branches every night to instill the company's work priorities for the next stage.

In the next stage, he will head west into Hubei Province, return to his hometown in Hunan Province, and then fly back to the Magic City from Star City.

Don't ask, the reason is that Pinxixi is developing too fast. Sun Tongyu is stationed in the base camp in Jiangsu, Zhejiang, Shanghai and Anhui, and together with the three core departments of promotion, distribution and express delivery, he is in charge of all matters related to the war against Ali.

It has to be said that with the presence of a very capable boss, plus more than 300 core figures who left the Ahri system, they knew both themselves and the enemy, and the fight was going well.

They invested three to five million yuan every day to achieve the same effect as Taodiandiancainiao, which spent tens of millions of yuan. In addition, the poaching plan led by Gu Shijie was successfully implemented.

In the takeout market, the gap in the same-city delivery field was gradually narrowed. In addition, after the start of school, the campus takeout market began to grow. In mid-September, Chizuome surpassed Taodiandian again.

Regain the top spot in market share in the food delivery sector.

The many dangerous things that happened during this period can only be figured out when Li Zehua returns to the Magic City.

In short, the biggest change is that a new boxing coaching department has been added to the Qingyun Group’s Security Department, and it is unknown where they found more than 100 professional coaches.

In more than 50 prefecture-level cities across the country, special boxing training courses are offered using the Chichime Fengniao core site.

As of the end of September, a total of about 9 people have been trained, and the excellent result of knocking down opponents nearly 6000 times has been achieved.

Yes, the competition between the Ali faction and the Qingyun faction has gradually evolved from a performance competition to a boxing match.

One side is led by the former Ahri Iron Army, who are brave and hard-working.

On one side is the up-and-coming Qingyun faction, which has tens of thousands of troops and emphasizes strength in numbers.

Whenever the two groups met near a restaurant, there would be a warm and friendly greeting, and the loser would leave in disgrace with a bruised face.

The winner, with an arrogant attitude, went into the store to negotiate the deal.

There is no way to verify which side instigated this conflict; it is just a matter of personal opinion.

As for when it will end?
Only God knows.

Because with the rise of Pinxixi's group buying business in cities, on September 9, Wang Xing founded Meituan in Yanjing, targeting the group buying market.

If we can’t go down to the countryside, who in the city is afraid of whom?

With the entry of Meituan, more and more entrepreneurs are turning their attention to urban group buying business.

According to incomplete statistics, in September 2009, influenced by the Pinxixi group buying market among college students, the sales on the first day exceeded 9 million.

Nearly 200 new companies were registered nationwide that mainly engage in group purchasing business, not including existing companies that urgently and temporarily modified their main business.

Throughout 09, no less than a thousand new companies entered the group buying market across the country, and dozens of them raised over a million in angel round financing.

The group buying market's low threshold, low investment and high returns have made it a mature system that has been personally verified by Groupon in the United States and Pinxixi in China.

The brutal battle of a thousand regiments, which is destined to be a bloody fight, will be released half a year earlier.

Historically, this battlefield was comparable to the scene of a large-scale gunfight, and there were many salesmen who were beaten black and blue and continued to go out to sweep stores on the streets with bandages wrapped around their faces.

boxing?

It’s just the most basic skill that a salesperson needs to master.

But all these are too far away. Back in September, the war between the Qingyun faction and the Ahri faction intensified, and Sun Tongyu had no way to leave the Magic City.

Because Ali not only filed a lawsuit in Qiantang, but also reported to the local Liushenmen, who were ready to cross provinces again at any time.

Sun Tongyu can still guarantee his personal safety in Shanghai.

Once you leave, even if there is someone protecting you 24 hours a day, it is inevitable that you will be seized by someone with ulterior motives.

So, the heavy responsibility of inspecting the central region market naturally fell on Li Zehua.

As for the southwest region, Xie Bin, a direct descendant of Gu Shijie, had to take over the management. Liu Fugen of the Yanjing branch was also wandering around the northeast region, constantly recruiting local heroes to set up a new northeast branch.

The Northeast region is the future of food and the two core raw material supply bases for Pinxixi's rural strategy.

The other is the Shandong and Henan regions. Most of Qingyun Group’s food processing factories are concentrated in these two regions, close to the raw material production areas to save costs.

Therefore, the chaos in AutoNavi’s board of directors has nothing to do with Li. Even when confronted face to face, he still dares to hold his neck high and make arguments.

"No way, we're playing such a big game, what if we can't end it?"

Li, who was inspecting on the bank of the Yangtze River, received a phone call and learned that Xiao Jun used his position as chairman to dismiss Cheng Congbin and several key figures in finance and personnel who were placed by other shareholders.

He was quite worried, but he had no way to intervene now, so he could only call Shen Nanpeng to ask for inside information.

"Mr. Li, I'm not saying anything bad about you, but this matter could have been handled slowly. I have already convinced Kaipeng, and they are willing to accept Qingyun as a strategic investor."

Shen Nanpeng was on his way to AutoNavi headquarters at the moment. He was also caught off guard. "Now that things have turned out like this, I don't dare to give any guarantees about the follow-up."

"Blame me?"

Li Zehua sneered, "Although I am not in Yanjing, who can hide the dirty things that happened in the Gaode board of directors?
If you have this sincerity, then you should have informed me in advance of the conspiracy to accuse Xiao Jun without reason and attempt to remove him from his position privately."

Shen Nanpeng was stunned. How did this guy know so much?
Could it be that there is a traitor among those who were discussing this matter?

Without time to think, Shen Nanpeng decisively changed his face and said, "Sequoia has always been responsible for the legitimate rights and interests of investors, and we have not done anything irrational.

Instead, it was President Xiao who repeatedly damaged the company's interests until the situation became what it is today. Sequoia still insists on its original position and strives to resolve this conflict peacefully.

Of course, Mr. Li also needs to do some positive work to persuade Mr. Xiao to stop his radical behavior, get things back on track, and resolve the issue through dialogue and negotiation.”

“First of all, I am not a shareholder of AutoNavi and I have no right to interfere in any internal affairs of another company.

Secondly, you overestimate my influence on Mr. Xiao. The reason why he did this is ultimately because the board of directors unfairly accused him and attempted to deprive him of his management rights over the company.

From a personal standpoint, I respect everyone's legitimate rights to safeguard their own interests, but it is Mr. Shen who should make some positive changes during this period of time."

Li Zehua never indulges anyone. Although Sequoia got the ticket to the next round of investment in Pinxixi, it did not show any meaningful attitude.

This made him feel very uncomfortable, so naturally he spoke in a bad tone.

As the saying goes, if you don't agree, there's no need to say more, so Shen Nanpeng didn't say much.

After hanging up the phone, Li Zehua turned to Zhang Tao and asked, "Are the people arranged around Mr. Xiao in place?"

Zhang Tao was economical with his words as always, "Four, plus two legal weapons."

"That's good."

Li Zehua breathed a sigh of relief and instructed Guo Xinyi, "You continue to inspect on my behalf. Such a big thing happened in Yanjing, I must go there to deal with it personally."

He didn't know much information, and although he had done everything he could, he didn't know whether there was any change in the end.

Xiao Jun suddenly took such drastic measures. If he couldn't control himself, he would most likely be swept away by a wave.

Just like in 10, before the celebration of the listing was over, the largest shareholder was dismissed from his position and almost kicked out...

At this time, Gaode's situation was far more complicated than anyone had imagined.

Xiao Jun was also forced to the brink of collapse and had to revolt. Because of Hou Jun's hesitation, his situation was slightly better than in history.

That time he was truly alone. At an emergency meeting, he was relieved of most of his positions and only retained a symbolic position as president.

This is the scary thing about capital. As long as you, the founder, don’t listen to me, I will kick you out in minutes.

The funniest thing is that three years later, Gaode changed from paid to free almost completely in accordance with Xiao Jun’s idea, but faced huge losses and had to sell itself to Ali at a low price.

Embracing individual free users, scale is king, and making money through related services is the future. Amap has the potential to become a new Internet power, but the immediate interests have blinded most people.

But fortunately, Xiao Jun has the entire Qingyun Group behind him this time.

Li Zehua even promised in person that even if he did not get the majority support within AutoNavi, he would still support him, and at worst he could lead the team and go it alone.

It’s just a lawsuit. The Qingyun legal team is always ready to serve you. We are not afraid even if the lawsuit lasts until the end of time.

Unable to acquire AutoNavi, Li Zehua would rather spend $1.5 million to take Daodaotong away, then poach Xiao Jun, adopt a free model, and bankrupt all map and navigation companies.

Just like 360, dominating the market.

Does AutoNavi still want to go public successfully?

Dream on. No matter how stupid American capital is, it will not accept a bankrupt company that has lost 99% of its market share.

It’s a pity for several map and navigation companies such as NavInfo and Carlife because their fate is already determined.

With the support of the entire Qingyun system, it doesn't matter which map company it is. As long as it is free, connected to the Internet and can be upgraded at any time, the original equipment market may still survive.

But there is no doubt that the modified car market will be swallowed up by the Qingyun Group, leaving nothing for foreign capital.

This is a life-and-death war!

"You forced me to do this!"

Xiao Jun, who was confident, risked his life when facing the venture capital bosses who were coming aggressively to call him to account.

"Now, I am still the chairman and president of the company. According to the articles of association of the company law, I have the right to request that the company's account books be sealed immediately and review every account transaction in the past three years."

Hou Jun was the first to arrive. Now he had a gloomy face and stood there without saying a word.

Chen Hao from Lianxiang Capital was the second one to arrive. Without a second thought, he directly accused Xiao Jun of being irresponsible and intending to mess up the company.

"Well, you are now, but you won't be soon."

People from Walden International and Sequoia also arrived soon. Faced with such drastic measures, they completely broke off relations and demanded that a shareholders' meeting be held immediately.

“Will it work? Now that I’ve come this far, I have no intention of compromising. Even if I’m fired, I still own 32% of the company’s shares.

According to relevant laws, I have the right to request an audit."

"It's okay, I'll take my time to investigate, but this is something that will have to wait until you leave office."

Zeng Zhijiang of Walden International sneered, "Based on the current emergency situation, I request an on-site vote. Please raise your hands if you agree to remove Xiao Jun from his position as chairman and president."

While they were talking, Cheng Congbin also arrived. After exchanging glances with the venture capitalists, everyone raised their right hands.

Hou Jun didn't move.

But he glanced at Xiao Jun, shook his head slightly, and thought to himself: "Even if your free strategy impresses me, what's the use? The shares against you here have exceeded 51%."

Together with Xiao Jun, they only had 49%, and there was no way they could turn the situation around.

But he couldn't easily raise his hand to agree.

Because the Qingyun faction’s plans are one after another, and the links are almost seamless. If Xiao Jun is driven away, will Gaode still have a future?
Will we go to New York to ring the bell for the IPO next year?

Shit!

If we can ensure that the company does not go bankrupt, we will be very lucky.

But when he saw the cold eyes of Cheng Congbin and a group of venture capitalists, he retreated unconsciously.

He comforted himself by thinking that perhaps the worst outcome would not happen, and it would not be so easy for Qingyun Group to acquire Daodaotong.

After all, he can provide the money, and these venture capitalists can also provide the money for sniping.

Without Daodaotong, even if Qingyun acquires the other eight companies, it will not have enough technical accumulation. If it wants to play for free, it will not have enough time to plan in a short time.

Maybe he can wait until AutoNavi is successfully listed. After the ban is lifted, he can just sell all his shares and stay away from this place of trouble.

Thinking of this, he couldn't help but want to raise his hand.

Cheng Congbin has already started issuing orders, "Now, Zancheng's shares have exceeded 51%. Mr. Xiao, your time is over."

As he said this, he would arrange for people to forcibly expel the third-party financial auditors.

Just when Hou Jun was about to cast his dispensable vote.

In his opinion, the vote was no longer a suspense, as all those present were foreign venture capitalists, with the only domestic investor, Lian Xiang, taking the lead in initiating the vote.

Just when he was still delusionally dreaming of getting the promised chairmanship first, and then turning back to slowly appease Xiao Jun, and even trying to contact Qingyun.

A voice suddenly sounded.

"I object!"

...(End of chapter)