Others are generally listed all the way, especially those giants that have been dormant for many years to go public, Nongfu Spring after the listing, the market value has soared, but also made the boss become the richest man in Asia. However, Didi is an exception, listed in the case of a profit of 5 billion this year, but Didi is not optimistic, because of various negatives, Didi's market value has plummeted, from the highest $100 billion to less than $40 billion now.
This market value is not as good as the valuation of the market value of Didi Financing many years ago. Didi raised a total of $21 billion before going public, which is definitely a staggering number, and it also proves how much money is burned by online ride-hailing, the key is that Didi also merged with the previous fast and Uber, if not, Didi does not know how much money to burn.
Now that Didi's market value has fallen sharply, many people say that Liu Qing has also become a big loser. Liu Qing holds 1.7% of Didi's shares, and if Liu Qing's shares are worth $1.7 billion based on a market value of $100 billion, that is more than 10 billion yuan.
Today, the market value is less than $40 billion, and the market value of the shares held by Liu Qing is less than 4 billion, which is enough to evaporate 6 billion. However, Liu Qing is not a loser, because Liu Qing's shares are not sold at their own expense, normally it should be the company's allotment, that is to say, Liu Qing is different from those investment institutions, investment institutions are real money and silver to take money out, Liu Qing is sitting on its success.
In fact, the biggest loser is the major shareholder Sun Zhengyi. Didi's $21 billion investment, Son Zhengyi alone accounted for $12 billion. Son Zhengyi invested late, so he spent a lot of money, but did not get too many shares. Before Didi went public, Son held a 21.5% stake in Didi through the SoftBank Vision Fund. If the market value of 100 billion US dollars is calculated, these shares are worth 21.5 billion US dollars, equivalent to about 130 billion yuan, then Sun Zhengyi also earned 9.5 billion US dollars.
However, now that Didi's market value has fallen below $40 billion, the market value of the shares held by Son Zhengyi is less than $8.5 billion, equivalent to less than 60 billion yuan, which is enough to lose 70 billion yuan. Son Zhengyi has done another loss-making business.
In order to invest in Didi, Sun Zhengyi found Cheng Wei, the founder of Didi, with a large amount of money, and asked Cheng Wei to accept his money. At that time, Son Zhengyi successfully raised $100 billion in West Asia through the yuwei of Alibaba's listing and established the Vision Fund.
Cheng Wei did not want Sun Zhengyi's money at that time, because Didi was not too short of money at that time. As a result, in order to force Cheng Wei to accept his investment, he told Cheng Wei that if you don't accept it, I will invest in your competitors. Cheng Weicai helplessly took SoftBank's money.
Now Sun Zhengyi is crying, Didi is SoftBank's largest single investment, but now it is a loss of tens of billions, in recent years, Sun Zhengyi's investment failure is almost commonplace, so he went to the vision fund of the second phase of Xi'an Rong no one paid attention to him.
If it were not for last year's epidemic, Son Zhengyi estimated that he would not be able to support it for a long time, because of the emergence of the epidemic, in order to stimulate the economic recovery, many countries around the world are releasing water, which has led to the stock markets in many countries are going up, and the market value of many companies has created a record high.
SoftBank also set a record for profitability in 2020, earning more than 200 billion. However, SoftBank is an investment company, and if the money they earn is not cashed out, it is all virtual, and the market value of many companies has fallen sharply this year. It is estimated that Sun Zhengyi has lost a lot of money this year.
SoftBank was once in debt of up to 2 trillion yuan, and Son Zhengyi had to pay interest of 200 or 300 million yuan a day, when Son Zhengyi could not constantly sell Alibaba shares to support it. Throughout so many years, Sun Zhengyi has not had too many successful examples except for Alibaba's investment.
Son Zhengyi invested $60 million in Alibaba that year, and eventually made about $200 billion. Many people don't know that Alibaba's investment accounts for more than 90% of SoftBank's total historical profits. Son zhengyi has always hoped to find a second Alibaba, but unfortunately has not been able to do so. In fact, such an investment is simply unattainable.
Son has invested in a lot of risky companies in recent years, Uber, Didi, WeWork, Oyo and so on, but none of these companies are too successful today. Sun Zhengyi, the god of investment, really does not live up to its name. Son Zhengyi really should learn from Li Ka-shing, how to do investment, how to manage his own risk, reduce the debt ratio, improve cash flow, this is what an investment master should do.
In fact, seeing the current situation of Sun Zhengyi, you have to sigh that Li Ka-shing is the real master.