Stronger by Paying Salaries and I Have 1 Billion Employees

Far away in Yanjing, Cheng Wei cursed his rotten luck under his breath and immediately accelerated his expansion. Even in the dead of winter, DiDi Bike deployed another 50,000 shared bikes in the North China Region, instantly becoming the brand with the most bikes on the street.

Meanwhile, also in Yanjing, Wang Fengli quietly founded Tuge Technology Co., Ltd.

He had no idea how many bicycles OFO, DiDi, and Little Yellow Bike had collectively lost in the past year, 2012.

Car-sharing might be a decent business gimmick, but it was unworkable in China.

But the investment firms didn’t care. They threw 30 million in funding at him with their eyes closed. Wang Fengli took the money and, while developing an app and searching for suppliers, ultimately set his sights on the Mercedes-Benz Smart.

It was small, lightweight, and perfectly suited for Yanjing’s difficult parking environment.

Wang Fengli ordered 100 of them in one go, leading the dealership to assume he was the owner of a taxi company.