Abstract: 100 million European network received a trickle financing documents, documents show: drops are expected to be listed in the second half of 2018 in the United States, when the valuation will reach 80 billion -1000. Investment highlights column, mainly from the huge market, sustainable growth, market dominance, coordination effect, excellent management team experience.
recently, the European network received a trickle of financing documents, documents show: drops are expected to be listed in the second half of 2018 in the United States, when the valuation will reach $80 billion -1000. This is no more than $72 million in equity investment projects which shows that the investment intention investment by the end of May 2016, the delivery deadline for the June or early July.
returns inside one column wrote: considering the company (drops) advantage in the business scale, management team, government relations and other aspects of the reference, the taxi drops rival valuation, expected rate of return is about 3 times that of IPO valuation of $87 billion (the current investment valuation of $26 billion 500 million), the calculation is not thinking about the future O2O, smart city, second-hand car trading, auto finance, buses and other potential profit drops.
investment highlights column, mainly from the market is huge, sustainable growth, market dominance, coordination effect, management team experienced:
huge market: 2014 China taxi one day a total of 38 million times, average daily market $4, a total of $152 million; estimated compound annual growth rate is estimated to be 1.5%, is expected to be completed in 2020 by the market share of 50%, the annual total of $27 billion. The car, the total market in 2020 will reach $1 trillion and 140 billion, is expected to drop will have 15% of the market share, expected turnover amounted to $156 billion.
sustainable growth: in addition to the taxi car business, the rapid development of enterprises, the bus, car driving on behalf of business plan, also showing a good momentum of development. Advertising, location-based services, auto finance, auto insurance, logistics, consumer finance, fleet management and other ways to open up. Among them, drops media advertising, auto finance business has begun to create revenue.
market dominant position: the steady increase in the industry from the point of view of more customers, higher utilization, more drivers, better ride experience four dimensions.
coordination effect Excellence: bit trips and Lyft to complete the first phase of the product to open up, in April 13, 2016, drops overseas formally launched.
management team with rich experience: the management team in the process dimension, Liu Qing, Zhang Bo, and so on (100 million European network note: in 2015, has been left in the year of December), the rich and unique views of the in the past, and in the end of the year, in.
in addition, this financing documents also revealed a new round of financing drops in April 2016 to get: Apple invested $1 billion, >