Chapter 1925 Clearing the Scene

"That...," Chief Yang almost repeated the previous scene.

At this time, Feng Yiping and Lao Ma naturally knew very well that it was exactly what they had guessed. It was Mr. Sun who said "I want to be your lifelong friend" and what he said to Chief Yang.

In fact, it is easy to deduce this. SoftBank also invested in Yahoo and was also the major shareholder of Yahoo Japan. It is indeed convenient for Son to say something to Chief Yang.

"I understand, I have good intentions in coming to SoftBank. I hope that after I exit, I can find a better and more helpful investor for Alibaba," Feng Yiping said.

Of course, this is not what he is thinking, but there are some things that you just need to know in your mind. Just say it and do it.

Haha, maybe this is a common practice in shopping malls, laughing in front of others and stabbing them in the back.

Or is this the norm in the seemingly most courteous country?

"Mr. Sun is interested," Lao Ma also said.

Chief Yang, who was still a little relaxed, sat up straight unconsciously. This was not only the case for him, but also for the people around him, including Lao Zhou.

The matter is already very clear. It is obvious that SoftBank has manipulated things in the middle. If Feng Yiping curses or laughs a few times, they will all understand.

But he immediately found an honest reason for SoftBank's actions.

They felt that even if Sun Zhengyi was present, they might not be able to find a better reason than what Feng Yiping said.

What's this? This is the city.

A person like Feng Yiping, who is not yet 25 years old, actually has such a city. This naturally gives those of them sitting across from him a very intuitive understanding of Feng Yiping.

How could a person with such a wealthy family be so simple?

As expected, he is a worthy scholar despite his great reputation!

Lao Zhou looked at Feng Yiping seriously. In this aspect alone, he was much better than him.

This is what true masters do when they fight each other. In the midst of chatting and laughing, their guns and oars are turned into ashes.

Unlike myself, I would act like a reckless man and take action on the spot, like a firecracker, shooting off at the drop of a hat.

"As a shareholder of Yahoo, Mr. Sun is indeed very concerned about the development of Yahoo. Based on the success of Yahoo Japan and his understanding of the Asian market, some of his opinions can indeed give us a lot of reference," Chief Yang naturally would not What to say from the front.

But the meaning behind these words is clear enough.

Feng Yiping smiled and said, "As for his understanding of the domestic market, I think Mr. Zhou's understanding must be very profound,"

From what Lao Zhou said during the meeting, both he and Lao Ma could tell that Lao Zhou was probably on the verge of breaking up with Yahoo.

If you mention it to yourself, what will this fighter say? He looked at Lao Zhou.

Lao Zhou actually just smiled and didn't say anything.

Feng Yiping blinked. This didn't seem to be his style!

This is indeed not Lao Zhou's style. According to his original temperament, with the endorsement of people like Feng Yiping, he would not ridicule Yahoo's senior management at this time, at least he would laugh and complain a few times.

But who made him decide just now that he should learn from Feng Yiping and stop insulting others in public?

If Feng Yiping knew that it was because of him that he couldn't see the exciting scenes he was looking forward to, he would probably be quite speechless.

"We thank Yahoo and Mr. Sun for their kindness, but judging from the current situation, there is really no need to introduce other investors in the short term," Lao Ma said.

In this case, it would be appropriate for him to say so.

After all, Chief Yang has been looking for him these days. If Feng Yiping expresses such an opinion, it seems that he is not allowed to express his own opinion.

"I wonder if you can at least listen to our proposal?" Chief Yang looked at Lao Ma and then at Feng Yiping.

It was a rare occasion for people to come here, and if he wasn't allowed to finish what he said, it would really seem a bit unjustifiable.

But, why bother?

Lao Ma also figured out this point. If he didn't even listen to their suggestions, it would really be unreasonable. He glanced at Feng Yiping and said to Chief Yang, "Please,"

Chief Yang glanced at the accompanying legal director Holden, who picked up a document and read dryly, "Yahoo believes...,"

Feng Yiping glanced at Lao Ma. Such a tone was indeed Yahoo.

"Okay," Chief Yang saw the reaction of Feng Yiping and the others. He stretched out his hand to stop Holden, "I'll do it. The main points are these. Yahoo intends to use all the assets of Yahoo China plus US$500 million in cash as conditions. , joining the newly established Jiasheng Alibaba E-commerce Group, hoping to hold 10% of the shares in the new group, and at the same time, we can accept less than 10% of the voting rights,"

This price is quite reasonable.

In the just-concluded merger, Alibaba was worth about US$2.5 billion. Of course, the specific operation was not that Feng Yiping paid US$2.5 billion to buy Alibaba, but that Jiasheng Mall and Alibaba merged with equal worth. The shareholders' equity is correspondingly changed to the equity of the new company.

At the same time, Feng Yiping invested US$375 million to acquire 15% of Alibaba's equity. However, the voting rights for this 15% equity were given to Lao Ma. However, when it comes to major issues such as listing, Feng Yiping has the right to take it back.

There is also an important clause in the agreement. Major shareholder Feng Yiping personally promised to provide the new group with an interest-free loan of 5 billion yuan to meet the development needs of the new group.

Later, Ma and his team lent nearly $200 million of the remaining $375 million to the merged e-commerce group after paying off Alibaba's previous foreign debts.

In other words, if we look at the valuation, Gain Capital's Alibaba is worth $5 billion.

Yahoo's $500 million in cash is just enough to correspond to 10% of the equity. As for Yahoo China, it is naturally a premium.

Of course, if Feng Yiping and his team disagree, this clause is naturally negotiable, either the equity is less than 10%, or the cash exceeds $500 million.

Chief Yang has made such preparations, because he saw that after hearing his offer, neither Feng Yiping nor Ma showed any excitement or excitement.

"The conditions are really good, but I'm sorry, we really have no plans to introduce new investment at the moment," Ma still said.

"We know that although Jiasheng Mall and Taobao currently occupy most of the Chinese e-commerce market, further development will require a lot of funds..."

Old Ma interrupted him, "Thank you, but we are really not short of money."

Indeed, there is no shortage of money. Of the 5 billion that Feng Yiping promised to lend to the company, 2.5 billion has already been deposited into the company's account. As long as this is spent, the rest will be deposited immediately.

Where is Old Ma short of money now? Speaking of which, seeing that the company has 2.5 billion in its account, a large group of bank people are waiting downstairs, wanting to talk to him about loans.

"Yiping, Jack, please understand that this is not a financial investment. I think you must also be interested in developing this company worldwide. In addition to the brand awareness of our Yahoo, we have successfully entered many countries in the world,"

"I think this will definitely be beneficial to the expansion of the company," Chief Yang said earnestly.

He knew that with Feng Yiping's wealth, how could he accept financial investors?

As an old high-tech company, one of Yahoo's advantages is that its business scope has spread all over the world, and its foundation is more solid than Feng Yiping's company.

"Thank you very much for your proposal, but we have decided that the newly formed company will focus on the domestic market for a period of time in the future," said Lao Ma.

In the past two years, he also quickly expanded Alibaba's business to many countries, but the overseas companies were eventually all laid off, so he agreed very much with Feng Yiping's proposal to focus on the domestic market first, which is a large market with more than one billion people after all.

The big promotion before the New Year last year also made them clearly see the huge potential of the domestic market.

Looking at Lao Ma's determination and Feng Yiping's calm face, Chief Yang, who felt that he could not have a good chat before, now felt that this meeting was a bit difficult to continue.

However, thinking of his frustration at the Capital Airport when he heard that Alibaba had merged with Forex, he made up his mind and decided to be more resolute and more arbitrary.

He looked at the people around him, "You, go out first,"

"Yiping, Jack, can the three of us have a small-scale talk?"

"No problem," Feng Yiping said.

Even if the deal fails, the righteousness remains. He felt that he still had to give this face.

The people on their side immediately stood up and walked out. On the Yahoo side, Lao Zhou stood up first. He had been unable to sit down for a long time.

He was also the head of Yahoo China. How could he be happy that Yahoo China could not even be delivered in front of him?

But some people still had different opinions. Legal Director Horton sat there motionless, "Jerry, I think I should remind you..."

"I know," Chief Yang looked at the latter coldly.

The latter persisted for a few seconds, and finally took his things and left quietly.

In the conference room, there were only three of them left.