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Chapter 184 - Chapter 184: A Nationwide Sensation

These were the old comrades who had been starting businesses with Old Horse Brother since the beginning; they still had great faith in Old Horse Brother's vision.

"Good, then it's decided. Tomorrow, I will contact the two Shareholders of the Shared Bikes, and we will sign the financing contract immediately."

Seeing everyone's support, a smile appeared on Old Horse Brother's face.

He believed that the partnership with Shared Bikes would also at least double the promotion speed of Zhifubao.

After the meeting ended, Old Horse Brother immediately called Li Li.

When Ye Chen heard the news, he was also taken aback.

Although he had been certain that Old Horse Brother would sign, he hadn't expected Old Horse Brother to make the decision so quickly.

He had originally thought the other party would need to consider it for a few more days, then conduct several rounds of negotiations, before finally signing.

He hadn't expected that only one day had passed, and the other party had already agreed to sign.

This also showed that his data had indeed made Old Horse Brother very tempted.

After all, the data was truly stunning; obtaining such figures in just one month, it was understandable that Old Horse Brother would be moved.

Li Li said with a smile, "Old Horse Brother just called to say we can arrange the signing for tomorrow."

Ye Chen breathed a sigh of relief; partnering with Alibaba Group was the result Ye Chen wanted most.

"Alright, then let's sign tomorrow," Ye Chen nodded and said.

After signing tomorrow, they could use these funds to continue expanding production.

With 30 million chinese yuan, just making bicycles alone would allow them to produce over 300,000 units.

These 300,000-plus units could be deployed into first-tier cities to test the waters.

By then, the rental income alone would be around 100 million.

If these rental fees were continuously reinvested into bicycle production, through this cycle, Shared Bikes could reach around 600,000 units within a month.

After stabilizing for two or three months, they could proceed with the second round of financing.

Ye Chen estimated the time between the first round of financing and the second round would be about half a year.

Ye Chen believed that by the second round of financing, the market value of Shared Bikes would not just be 1 billion; if everything went smoothly, reaching 1 billion USD or even more was possible.

After the second round of financing, Ye Chen believed it wouldn't take long to reach the market value of Mobike from his previous life.

Li Li said, "By the way, do you want to come to tomorrow's signing ceremony? I heard from Old Horse Brother that they will invite some media for publicity and coverage."

Ye Chen knew that tomorrow's signing was not just a regular signing.

Old Horse Brother would definitely make a big deal out of it.

After all, this was a rare opportunity to use the media for free publicity.

It had to be said, Old Horse Brother's operational capability was too strong.

Moreover, promoting Shared Bikes was something Ye Chen had always wanted to do.

Now he didn't need to worry about it.

"By the way, little brother, our Shared Bikes should have a name, right?"

Ye Chen thought for a moment, "Let's call it Moqi."

"Hmm, that's a good name," Li Li nodded and said.

Many media outlets now hoped to get news about Alibaba Group's latest investments.

After all, in the eyes of these media outlets, Alibaba Group was the bellwether for the future development of the internet economy.

Therefore, every move by Alibaba Group was even more eye-catching.

By holding such a grand signing ceremony, Old Horse Brother allowed the media to get the news resources they wanted, while Alibaba Group and Moqi could conduct publicity without spending a single cent on advertising; this was a win-win result for both sides."

Moreover, Shared Bikes would be rolled out nationwide, and since many people didn't know about Shared Bikes, increasing publicity was very necessary.

"Ye Chen, are you going to attend?" Li Li asked.

Ye Chen said, "I won't go. After all, I am still a University student, and I don't want to be exposed to the public too much."

After all, Ye Chen was still attending University, and he didn't want reporters running to his school every day to harass him.

He also didn't want other classmates to know that he had already achieved so much.

Ye Chen just wanted to quietly enjoy his University days.

Therefore, before graduating from University, Ye Chen didn't want to be too ostentatious.

Li Li nodded and said, "Alright, then I'll go to tomorrow's signing ceremony by myself."

Ye Chen said, "Sorry for the trouble, Uncle Li."

Li Li smiled, "Why are you being so polite with me?"

"By the way, there's one more thing. After the signing, regarding our equity distribution, of the remaining 65% of shares, you will hold 37% and I will hold 28%. Do you think that's okay?"

"No problem." During the Alibaba Group financing talks, both of them had to give up a portion of their own shares to fill that 35% stake.

So, after finally calculating it, Li Li also redistributed the shares according to the previous proportions.

"No problem, the equity distribution as you stated is fine."

Actually, Ye Chen didn't care about the equity distribution with Li Li; what he cared about was others.

In fact, even if he were to lose out a bit, Ye Chen would be willing to cooperate with Li Li, after all, Li Li was Li Sitong's father.

Not to mention, Li Li's equity distribution was very reasonable.

"Good, then I will reprint the contract tomorrow and go sign it according to this equity distribution."

The next day, a piece of news shocked the internet.

"Alibaba Group invests 30 million to partner with Moqi Shared Bike."

"Let us introduce you to how the green-travel Moqi Shared Bike obtained 30 million in financing?"

"Let's walk into Jiangcheng and understand how convenient Shared Bikes are."

News items instantly dominated the headlines of major websites and news media.

After both sides signed, under the leadership of Alibaba Group, news media began to wildly report on Shared Bikes.

Besides the locals in Jiangzhou, other netizens finally learned about Shared Bikes.

"Oh my god, these Shared Bikes are just too convenient."

"Our house is about 2 kilometers from the bus stop, and it takes half an hour to walk every day. With Shared Bikes, I can ride there in a few minutes."

"I'm so envious of the people in Jiangcheng; when will we have Shared Bikes in Kyoto?"

"Brother, didn't you read the news? Shared Bikes will soon be promoted in all major first-tier cities."

"Really? We can ride Shared Bikes in our city too? That's awesome."

"So depressing, why do only first-tier cities have Shared Bikes? What about us in second and third-tier cities?"

"Brother, don't worry, you'll have them in your city soon too. Didn't you hear the announcement? Shared Bikes will be promoted nationwide."

The internet was already flooded with news about Shared Bikes.

Upon learning about the convenience of Shared Bikes, many office workers were extremely excited.

For them, this could be described as the gospel they had always dreamed of.

Imagine that you scan it when you need it, and leave it on the side of the road when you don't—this was once the dream of many people.

After all, buying your own bicycle makes it very easy to lose it when out, and it's also inconvenient.

The appearance of Moqi Shared Bike easily solved these problems for office workers.

Especially for those office workers whose commute was very far, and whose homes were neither too far nor too close to buses and subways.

Most importantly, Shared Bikes weren't expensive; only two chinese yuan a day, it was simply too affordable.

Just like that, Shared Bikes became completely popular nationwide.

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