"Moses Moses!"

Early in the morning, Zhang Yida directly called Son Zhengyi and showed off his loose Japanese.

"Kongni Qiwa!"

Son Masayoshi was stunned for a moment, and directly replied "Good morning" in Japanese.

After replying, he realized that this was Zhang Yida.

He does not speak Chinese, only Japanese, Korean, and English.

He smiled and said in English, "Mr. Zhang, your Japanese is really good, did you learn it recently?"

Zhang Yida smiled, "No, it's just a few words, I taught myself by watching Dongying movies." ”

"What kind of movie?" asked Son Zhengyi, he was a little interested, what kind of Japanese dramas did Zhang Yida watch.

"Uh...... What's the name, it seems to be called "Female Investigator". ”

Sun Zhengyi smiled and did not continue the topic, but asked Zhang Yida's intentions.

"That's the case, BBPay is going to change the equity, I asked, is there any intention to transfer the equity?"

Son frowned, what does this mean? Is it to expel SoftBank?

"Mr. Zhang, although Ruixiang has fierce competition with Ahri and Paybay, including Grab and Laizanda in Southeast Asia, and Paytm and BBPay in India are even more in battle.

However, SoftBank has always abided by its duties as an investor, and has not acted in favor of any party. ”

Zhang Yida said with a smile: "I understand, I can trust Mr. Sun's character.

I'll just ask, the main reason is that BBPay is currently directly controlled by Chinese capital, and it is inconvenient to do things in India, and there are various constraints.

We intend to penetrate the equity, half of which is directly held by Ruixiang, and half is directly held by shareholders.

In addition, a part of the equity will be sold to Singh, so that BBPay will be the same as Ahri and Ruixiang, and it is a complete local company, but it is said that there is foreign participation. ”

Son immediately understood that this was going to go behind the scenes.

He felt that this was the right thing to do, and Ruixiang's previous method was too rough.

However, it is not too late to wake up, and the two major powers are generally relatively peaceful.

"Then all of our shareholders will share a part of the shares and sell them to Singh, won't it be over?"

Zhang Yida also told Son's thoughts to Masayoshi Singh, including the acquisition of shares in the form of loans, interest rates, and loan terms, all of which were not concealed.

In fact, Zhang Yida came in a hurry and did not hold any board meeting.

Telling Singh was the idea of the board of directors, which is a cover.

When Singh's side is settled, it will be enough to add another board of directors, which is very simple.

As soon as he heard that he had obtained shares in the form of loans, Son retreated.

He dared to take out a loan from an oil tycoon to do venture capital, naturally because he felt that the return on venture capital could cover the loan interest.

Now let him do the opposite, this will definitely not work!

"Mr. Zhang, it's better to do this, don't you personally own nearly 50% of Ruixiang's shares? Why don't you sell 20% of your shares to Singh? ”

Zhang Yida secretly scolded the old fox, if he thought it was cost-effective, he would have done it a long time ago, and he would have called you.

"It's a bit complicated, because after Ruixiang lent Singh a 20% stake, our stake dropped to 30%, and if we do a few more rounds of financing, our position as a major shareholder will be shaken. ”

Son Masayoshi feels that this reason is a bit far-fetched, can't you still follow the follow-up financing?

Moreover, after the change of shareholding, your personal direct shareholding in BBPay is more than 20%.

Sell your own shares, Ruixiang will not keep the 50% shares, and the status of the majority shareholder will not be shaken.

"That's it, Ruixiang will give 10% here, and Mr. Zhang, your personal shareholding platform will give 10%, so won't it be enough for 20%?

Or can you ask the other shareholders if they are willing to withdraw?"

Son Zhengyi's practice of clinging to BBPay's equity made Zhang Yida a little incomprehensible.

But if you think about it, it's not hard to understand.

The Indian market is so big, and the winners can't eat it all, just like the Chinese market, there are either 2 giants or 3 left in a track.

Son, this is trying to eat the dividends of the two major Internet markets in China and India.

Alas, being rich is such a capriciousness.

Zhang Yida couldn't convince Son Zhengyi, and the other party was really unwilling to sell his shares.

Simply held a remote video conference in BBPay's office.

How many investment institutions are Ruixiang, even Zhang Yida is not particularly clear.

Because in addition to accepting venture capital, many minority shareholders will also be included in foreign equity mergers and acquisitions.

Although the shareholding ratio is very low, it does not even account for a point, or even less than 0.1 points.

But Ruixiang's current valuation of $220 billion is $220 million for every 0.1 point.

That is to say, Zo Video can support up to 500 people to hold remote video conferences at the same time, otherwise it really can't fit more than 100 shareholders.

Zhang Yida sat in his office and discussed with more than 100 institutional shareholders about the change of BBPay's equity.

Singh, on the other hand, did not attend the meeting out of suspicion.

After explaining Singh's conditions, Zhang Yida said lightly: "Anyway, the condition is such a condition, either 10% will be sharpened, and the shareholders who will penetrate the equity will make up another 10%, or the shareholders who directly hold the shares will take the initiative to sell, and the rest will be made up by Ruixiang." ”

"Do you have to give Singh a 20% stake?" Shen asked.

Zhang Yida nodded, "In this way, his shareholding is higher than Sharma, and it is an authentic Indian company." ”

"Alas, Mr. Zhang, if you were an American, would you have considered immigration?" said Robert, slightly teasingly.

"There is no idea of immigration, China is the largest and most stable market for Ruixiang, and I love my motherland deeply. ”

Zhang Yida's answer was not leaky, and there were more than 100 shareholders present, and they were also particular about answering questions, and it was difficult to say that there would be no leakage.

"Mr. Zhang, after the equity penetration, you personally directly hold more than 20% of the shares of BBPay, why don't you have a little more?"

Zhang Yida looked at this shareholder, a middle-aged man, and couldn't remember who was the person for a while.

directly scolded him: "Equity trading is free and fair, and you don't need to make decisions for me." ”

That person is estimated to be a small shareholder who joined Ruixiang from Lilith and Xiaohongshu, which were newly joined by the acquired company, and was scolded by Zhang Yida, his face was not very good-looking, and he felt very embarrassed, but he didn't speak again.

In the circle, only the strong have the right to speak, and there is nothing wrong with what he just said, but it shouldn't be up to him.

Other institutional investors have stated that most of them do not take the initiative to sell their shares and choose to apportionment proportionally.

Some small shareholders were eager to try, but the number did not add up to 2%, and they were directly rejected by Zhang Yida.

In the end, according to Zhang Yida's plan: Rui shared the task of selling 20% of the shares to all shareholders.

It is equivalent to a group of shareholders multiplying their respective shareholding ratios in Ruixiang by 0.8, which is each other's shareholding ratios in BBPay.

It's just that half of the equity is mixed in the large shareholding platform of Ruixiang, and the other half is directly held by each investment institution.

In doing so, it is equivalent to reducing the Chinese-funded component of BBPay to 40%, and Zhang Yida will consider further reducing his holdings in follow-up financing, as long as it is maintained at about 30%.

Foreign giants such as Temasek, Goldman Sachs, Morgan Stanley, UBS, and Abu Dhabi Investment Authority will appear directly on BBPay's shareholder list.

The more than 100 institutional investment shareholders in the luxury lineup are enough for BBPay to clear its suspicion of Chinese capital, and by the way, increase the weight of BBPay in the hearts of the Indian authorities.