King of Capital

"Mr. Xie, there is a very popular article recently on the Internet called "A Brief History of Ten Years of Money-Burning on China's Internet." It says that in the ten years since you entered the industry, you have dominated all the money-burning wars in Internet industries such as online ride-hailing, food delivery, and e-commerce in lower-tier markets. What do you think of this?" "Thank you to the founders for their recognition." "Like Zhang Yiming? He said you are an extreme investor." "He didn't say that to my face." "Cheng Wei said that everyone is a little afraid of you. When Didi burned through 50 million in cash in a single day, his hands were shaking when he signed the document. If you comfort him, history will punish companies that dare not burn money." "I didn't say that. I just told him that he could drink some wine before signing tomorrow so that his hands wouldn't shake."