Multiple sources confirmed yesterday (3) evening that Moby had held a shareholders' meeting to vote on the meituan acquisition, the voice of China's news vertical and horizontal reported. It is an indisputable fact that meituan bought Moby. How much did meituan pay to buy Moby bike? Is it sad that Moby, once the most popular one, was bought?
According to people familiar with the matter, meituan acquired Moby bike with 35% of meituan's equity and 65% of its cash, of which USD 320 million will be used as the liquidity supplement in the future, and investors in rounds a and B and the founding team will be out with USD 750 million in cash. Another source showed that at 9 o'clock last night, at the shareholders' meeting of Moby, the final voting result just passed the number of votes recognized by law, and the price that Moby was finally "taken" by meituan was $2.7 billion. If this price is finally confirmed, it is less than a third of the $9.5 billion that Alibaba has just acquired.
According to media reports, at present, the total debt of Mobai is more than 1 billion US dollars. The existing shareholders have given up their support and no new capital is willing to enter. Therefore, the fate of Mobai was settled last night. The reporter called a Moby employee in the middle of the night. He said that the company has not officially announced the acquisition information to all employees. "Now we have not verified it, nor have we reported it internally. I haven't got the confirmation yet. '
Last night, tens of millions of Moby bikes were still running on the streets of Beijing, but the once taller and favored giant had decided to sell itself. Mobai, which has always been at the top of the golden tower of bike sharing industry, has survived the most fierce money burning battle of bike sharing. After seeing the colorful bikes everywhere, it seems that before the dawn, there was no profit, and finally lost to the capital, which is sad. Obviously, this is not the end, but a symbolic event of bike sharing industry, a new beginning of Moby. But at this time, the founder team of Moby is no longer, it's sad. Here's the 'orange sound' of Mobai bicycles along the way.
'can't get rid of the Post-70s and 80s, who is responsible for the death of the company?'
In fact, in the early user experience, the heavy body design of Moby brings some inconvenience to users' riding. Wang Xiaofeng, CEO of Moby, said that the design of vehicles always put the safety of users first. Moby bike has also upgraded its products and invested a lot of money and time cost. At first, the cost of a Moby bike was more than 2000 yuan, while the cost of shared bikes of other brands was mostly 200-300 yuan. Although Moby eventually reduced the cost to less than 1000 yuan, it was still considered to be the most cost-effective and intelligent enterprise among shared bikes. The good experience made Moby win users, but it also failed to shoulder the high capital maintenance.
'we very much hope that as Moby goes abroad, Chinese tourists will arrive in the other four BRICs countries and use Moby in the destination countries. "This is the view expressed by Wang Xiaofeng in an interview at the ninth BRICs leaders' meeting last September. At that time, with the help of capital, Moby bike has stridden out of the country, extending its industrial layout to 150 cities in the world. From Singapore to Japan, from London to Berlin, each city will set off an "orange tornado" with the arrival of Moby bike. With the advancement of Mobai's internationalization strategy, smart bike has entered the world with "shared thinking". In March this year, Moby covered more than 200 cities in 14 countries.
"There are more than 20 investors in Moby. We are looking for those who like us. They will not only return on their investment, but also agree with our ideas. '
Moby bike CEO Wang Xiaofeng mentioned in an interview that Moby never lacks investors. 2017 was the most competitive year for sharing bicycles. At that time, 'colorful bicycles' were all over the streets of big cities. All kinds of bike sharing enterprises contend for the outlet of sharing economy. According to the data of the Ministry of transport, by the end of 2017, 77 bike sharing enterprises had successively entered the market, with a total of 23 million bicycles and 400 million registered users. In the whole year, the financing amount of shared bicycles reached 25.8 billion yuan. Only Moby and ofo raised about 15.5 billion yuan.
However, since the second half of last year, the situation has changed dramatically, and bicycle enterprises such as Wukong, Xiaoming and Xiaolan have collapsed. The sometimes exposed event of back pay has exposed the tension in the internal capital chain of Moby. Moby has never found an ideal profit model, since then, capital rumors continue. Moby and ofo's related parties have repeatedly disclosed information to the outside world that the merger of the two sides is likely to be profitable. In response to the rampant rumors of merger, Moby CEO Wang Xiaofeng said in November last year that merger is impossible and that any enterprise can exist independently should have its own reasons.
'rules are rules, voting is voting. If you make this decision, please don't regret it. '
Yesterday, the general meeting of Moby shareholders was held in Beijing Kerry Center. The final voting result just passed the number of votes recognized by law. Moby was acquired by meituan.
Wang Xiaofeng reviewed several characteristics of Mobai to the investment institutions present: first, Chinese style innovation really meets the needs of the general public; second, it represents the national image to a certain extent and has gained international attention; third, Mobai actually has the opportunity to become an international company. He said frankly that the team also made many mistakes. In fact, his attitude has always been to insist on the independent development of the company, but his arm can't twist his thigh, and the start-up companies in China can never get around various giants.
If it fails, it will be regarded as public welfare. '
This is a famous sentiment of Hu Weiwei, the founder of Moby. Mobai was founded on January 27, 2015, just over three years ago. Looking back, Hu Weiwei once said that Eason Chan had a song called "bicycle". It's about the only hug between his son and his stern father. It's the warmest memory for him to hold his father's waist in the back seat of his bicycle. "The dream of Moby bike, from my initial personal experience to decision-making, to the countless efforts we didn't see behind, is to make bikes return to the city and make urban life better. '