Shulou(Shulou.com)11/24 Report--

Do you have 20 billion? There is no 20 billion yuan of capital reserves or do not easily try online car-hailing, this is T3 travel Cui Dayong said in the previous two years. Think of the rapid development of online ride-hailing, many people are eager to see it, all want to get a piece of the pie.

Cui Dayong, a T3 trip at that time, was also one of them, but when Cui Dayong really invested in the industry, he found that online car hailing was really difficult to do, even though it was now the second largest T3 trip in the industry, it took a lot of effort to get to the current position.

(photo Source: T3 trip)

"join" halfway, T3 travel is questioned

Speaking of the establishment of T3 travel is also quite interesting, although T3 travel back to the three major central enterprises, but do you know? Before the formal signing of the three major central enterprises, T3 travel does not have start-up funds. To this end, T3 travel Cui Dayong braved all kinds of pressure to write a 20-page PPT within a month, and finally successfully raised nearly 10 billion of the start-up capital.

(photo Source: T3 trip)

However, this can only be regarded as the "appetizer" on the road of T3 travel development, and the real dilemma for T3 travel lies in the opening up of "joining".

At that time, T3 travel still adhered to the self-management mode management platform and drivers, in the self-management mode, drivers can get unified management, safety compliance has been greatly improved, which has become one of the highlights of T3 travel. But at the same time, the proprietary mode also hinders the expansion of T3 travel. If you want to expand the scale and seize the market, T3 travel must open "join".

(photo Source: T3 trip)

In the face of the dilemma, T3 travel finally decided to open up to join, for a time everyone questioned constantly, open to join, T3 travel safety compliance can still be guaranteed?

T3 has just got out of wolf insurance and entered the tiger's mouth again.

In the face of doubts from all directions, T3 travel Cui Dayong said that the pressure was really great at that time, but for the long-term development of T3 travel, this is something that must be done. But fortunately, T3 travel has succeeded in achieving both compliance and scale blooming.

(photo Source: T3 trip)

By last year, T3 had successfully exceeded 3 million daily orders and entered 118 cities such as Wuhan, with a total number of registered users exceeding 200 million and the number of registered drivers on the platform exceeding 1.1 million. At the same time, T3 travel compliance rate has always been ahead of other platforms, ranking in the top five in the industry.

However, T3 travel has to face more than this problem. The dilemma between compliance and scale expansion is its own problem. When its own problems are solved, T3 travel has to deal with challenges from the outside world, that is, challenges from the industry as a whole.

(photo Source: T3 trip)

What is the current situation of ride-hailing in China? multi-platform emerges, drivers increase in large quantities, and platform competition is fierce. If T3 travel wants to continue to develop, it must show its competitiveness. However, T3 travel was founded in 2019, this time point in the domestic ride-hailing development process is a relatively backward position, the opportunity to seize the market has been lost, time has become the biggest problem for T3 travel.

Sky-high financing, T3 travel regains the advantage of "time"

Is it just because of the late entry, there is no market for T3 travel, and there is no time for T3 travel Cui Dayong? It is not that, in the case that the opportunity has been lost, T3 travel has regained the "time" cost in another way, that is, the sky-high financing of T3 travel.

Looking back at the development process of T3 travel, and even the development of the entire ride-hailing industry, we can find that, in addition to time, capital is undoubtedly a huge factor. Online car-hailing, as an industry that is not yet fully mature in China, is very "expensive", and T3 travel has an advantage at this point.

(photo Source: T3 trip)

It is understood that T3 Travel has successfully gone through three financing projects, each of which is not to be underestimated, of which the second round of financing of 7.7 billion yuan has broken the financing record of the ride-hailing industry, and recently obtained hundreds of millions of yuan of financing. At present, T3 travel has a cumulative financing of more than 12.8 billion yuan, with this fund, T3 travel compared with other platforms have more costs to try, for T3 travel, this is the T3 travel time.

It is written at the end of the article:

Finally, back to the beginning, the reserve fund of 20 billion yuan mentioned by Cui Dayong of T3 travel sounds like a lot, but with reference to the development process of the ride-hailing platform, money is needed in all aspects, and the capital of 20 billion yuan can be regarded as sprinkling water. Ride-hailing is a very capital-consuming industry. I really can't enter the game casually without a point of family background.

What's more, even T3 travel with a national background team is like this, not to mention other platforms, no wonder T3 travel Cui Dayong will issue a warning to discourage retreat. Now T3 travel has already joined the ride-hailing race, it is impossible to get out at this time, I do not know what kind of surprise T3 travel will bring to everyone after obtaining sky-high financing. You can look forward to a wave.

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