What is the ownership structure of t3 Travel?

T3 Travel, the shareholding structure is a joint venture of three state-owned enterprises (Changan Automobile, FAW, Dongfeng Automobile) and some Internet companies (Suning, Tencent, Ali). Traditional car companies+Internet companies * * * have entered the online car market one after another, hoping to combine the advantages of both parties and occupy the market in the online car market. T3' s shareholders include China FAW, Dongfeng Motor and Changan Automobile, as well as Tencent, Ali and Suning. It is reported that the total investment of T3 travel project is 9.76 billion yuan, including 654.38+07 billion yuan from Suning, 654.38+06 billion yuan from China FAW, Dongfeng Motor and Changan Automobile, and 2.25 billion yuan from Tencent and Ali.

According to the data, T3 Tourism was established on April 22, 20 19, with the legal representative Liu and the registered capital of 50160,000 yuan. Its business scope includes computer information technology development, technology transfer, technical consultation and technical services. Booking taxi passengers online. The company is 99.04% owned by Nanjing Leading Equity Investment Partnership (Limited Partnership), and there are 65,438+00 foreign-invested enterprises, including Nanjing Leading Auto Service Co., Ltd. and Xiamen Leading Xinzhixiang Technology Co., Ltd. ..

It is worth mentioning that T3 Travel is a smart travel ecological platform created by Nanjing Ling Xing Technology Co., Ltd., initiated by China FAW, Dongfeng Motor Group Co., Ltd. and Chongqing Changan Automobile Co., Ltd., and jointly invested by Tencent and Alibaba. Previously, T3 Travel Associates established a new technology company in Xiamen, with quite rich business, including integrated circuit design. The company is controlled by T3 tourism affiliate Nanjing Leading Technology Co., Ltd. 100%. ..

20,000 self-operated network cars will be launched in China, covering six cities including Nanjing, Chongqing, Wuhan, Guangzhou, Hangzhou and Tianjin. The list of shareholders of T3 Travel Agency is very complicated. In addition to the three major domestic automakers, Alibaba and Tencent, the largest Internet companies in China, and Suning, the largest offline retail group in China, are also involved. TechCrunch, an American science and technology media, believes that this ownership structure is probably related to the mixed ownership reform of China automobile giants.

China is trying to attract more private capital into the traditional state-owned sector and inject innovation and efficiency into the latter. Previously, China Unicom has started the reform of mixed ownership, and Alibaba, Tencent and Suning are also involved. T3 travel officials didn't mention this topic too much. The company previously announced that T3 travel will be purely driven by the market, and its mission is to combine the data capabilities of technology partners and the manufacturing capabilities of automobile manufacturers to build a so-called "smart travel ecology". However, unlike China Unicom, an established state-owned enterprise, the complicated ownership structure is not necessarily a good thing for a new Internet service platform.

In terms of Internet shareholders traveling at T3, Alibaba and Tencent are long-term competitors, and each has its own camp under the duopoly situation. Most domestic Internet companies are regarded as "Ali Department" or "Tencent Department" by the outside world. Internet companies without a clear camp often need to survive in the cracks. 20 15 After the rapid merger of Didi invested by Tencent and Alibaba, both Alibaba and Tencent became investors in Didi. Didi is carefully balancing this delicate shareholder relationship. In the field of big travel, Alibaba and Tencent also have their own plans. Alibaba has invested in Ha _ Travel many times and is already the largest shareholder of Ha _ Travel. The latter's windmill business flourished after the drip windmill was temporarily offline. Ali company Gaode directly launched the network car aggregation platform. At the same time, the Meituan supported by Tencent launched the Meituan taxi. Recently, Tencent also cooperated with GAC to launch new platforms such as Qiqi Travel.