Chapter 490: Hunting Southeast Asia
"Controlling stake!"
Zhang Yida looked at Li Jie with a smile and spit out three words.
Li Jie didn't make a fuss, or said his face was ugly.
Before coming, his good brother Huang Zhen helped him speculate on the results.
Compared with the acquisition out, the conditions for holding are much better.
But after becoming a subsidiary of Zhonghe or Ruixiang, there is an extra father on his head, and his authority and voice in the company will undoubtedly be weakened a lot.
There is even a possibility that after being used, they will be swept away and leave the company they founded.
Zhang Yida put forward the holding requirements, obviously to hold the logistics tightly in his hands.
He will definitely not agree to the AB share set.
After thinking about it, Li Jie still asked tentatively: "Can AB shares accept it?"
Zhang Yida shook his head with a smile, "Logistics is too important, and it is related to the life and death of an e-commerce platform that spans most of Asia. ”
"Mostly Asia?"
Li Jie realized that this was a big pie thrown by Zhang Yida, Southeast Asia, South Asia, plus China, isn't it most of Asia?
As for Central Asia and West Asia, one has a small population, and the other can open an AK47 second-hand e-commerce platform, which is not suitable for business development.
If J&T Express hugs this thick leg, its development can indeed reach a higher level.
Not to mention becoming the next FedEx, it is still very promising to compete with the current tailwind.
"Then Mr. Li and Mr. Weng are ......" Li Jie moved his gaze to the two who were silent on the side.
"Guosen Group is interested in taking a stake in J&T Express, including a new e-commerce platform to be established soon. ”
Weng Junmin smiled, "That's what my old father-in-law meant. Don't look at him as an old man, but he is very concerned about the new economy.
If it weren't for the investment in Ruixiang Phase III Industrial Fund, and the shocking loss figures of RPay and GrabPay, maybe Lippo Group would have built an e-wallet to test the waters. ”
Li Wenzheng said with a smile: "To keep pace with the times, Jackma's career has inspired me a lot, and I firmly believe that technology will lead the reform of all traditional economies."
Whether it is an e-commerce platform or a courier company, we only hold 5% of the shares, as a long-term investment. ”
Weng Junmin took his father-in-law's words and said: "Yes, the two groups of Lippo and Guoxin will escort the business of e-commerce platforms and express companies in Indonesia."
The professional affairs and operational matters are the responsibility of Mr. Zhang and Mr. Li.
We are all laymen, and since we don't understand, we won't blindly command insiders. ”
Li Jie understood, Zhang Yidala and the two local snakes got on the bus in order to form an alliance, after all, they were far away in a foreign country, and they were afraid that some problems would arise.
Li Jie glanced at Zhang Yida deeply, and sighed secretly: Good means! It is estimated that Pinduoduo will also form some cooperation with this e-commerce platform based in Southeast Asia.
J&T Express undertakes the task of the transportation captain, pulling seafood and tropical fruits from Southeast Asia to China, and bringing products made in China back to Southeast Asia.
In addition, the entry of J&T Express into China will also make up for a major shortcoming in Zhonghe Group's e-commerce business.
Zhang Yida also said: "In China, we are negotiating with a courier company to become a shareholder, and after J&T Express enters China, we can form a business complement with them." ”
Zhang Yida did not say it explicitly, and Li Jie did not ask which express company it was, guessing that it would not exceed the scope of the seven major private listed express companies.
"Mr. Zhang, can I think about it? In addition, I also need to negotiate with shareholders such as OPPO and Black Shirt Capital. ”
Zhang Yida nodded, "Of course you can, but don't let us wait too long, if you wait too long, I'll learn from Brother Dong to drive three rounds to deliver the express by himself." ”
This sentence was full of threats, but Li Jie was not angry, knowing that the other party was showing off his muscles.
Zhonghe Group has this condition to operate its own logistics, including Bukapak and Tokopedia, and it is not difficult to cut off the cooperation with J&T Express.
Modern express companies rely on the rise of e-commerce and are also subject to e-commerce platforms, which is also the reason why one domestic express company after another has thrown into the arms of Ahri.
Don't listen to Ahri's father, teach you how to be a man every minute.
After Li Jie said goodbye and left, Zhang Yida chatted with Weng Junmin and Li Wenzheng for a while.
"Yida, do you think J&T Express will agree to our conditions?"
Qian Wenzheng glanced at his son-in-law, "At such an old age, I still have no eyesight." ”
Weng Junmin was not angry, and asked with a smile: "Dad, then tell me, what do you see again?"
"This Li Jie should be a very ambitious person, 100% of 1 yuan, and 10% of 100 yuan, it is not difficult to choose. ”
Weng Junmin's face was full of smiles, "Then what if he is not good at math?"
"People who are not good at math can't do what they are today. ”
"Okay!"
Weng Junmin was defeated in front of his father-in-law, and turned his head to look at Zhang Yida, "Yida, tell me your opinion?"
Zhang Yida replied with a smile: "My point of view is that it doesn't matter whether he agrees or not, and if he doesn't agree, I will naturally have a backhand." ”
Weng Junmin asked, "Do it yourself from scratch?"
Zhang Yida replied: "Yes, but this is too time-consuming, and the gains outweigh the losses." ”
Weng Junmin nodded, he naturally understood the truth that time is more important than everything.
......
Tokopedia is a C2C e-commerce platform in Indonesia, and on top of that, it has been developing more businesses in recent years, not only to provide users with services such as mobile phone recharge, bill payment, and coupons for nearby restaurants.
Like Taobao in China, it is also selling planes and train tickets, as well as tickets to tourist attractions and other events, eating into the market share of online travel platforms such as Traveloka.
For this reason, another shareholder of RPay, Fili Yunadi, CEO of Traveloka, the Indonesian "Ctrip" company in which Ruixiang invests, has made several small reports to Zhang Yida.
If it weren't for Zhang Yida's good coordination, as well as the growing strength of Ruixiang and Zhonghe, maybe RPay's shareholder alliance would have fallen apart.
At this time, Zhang Yida was in Tokopedia's office, communicating with their ambitious CEO, William.
William's brows were about to squeeze into a heap, and his big gold proposition Yida had a big problem for him.
"Mr. Zhang, please give me another year, I will definitely be able to beat Bukapak and dominate the Indonesian e-commerce market. ”
In order not to merge with his opponent, William made a final salvage.
Zhang Yida is very puzzled, why are these startups in Southeast Asia so resistant to mergers?
GoJek and Grab, two freaks, are like this, as the two largest unicorn companies in Southeast Asia, they have been fighting to the death, and the combined valuation may break $20 billion.
Moreover, there is no rival in the Southeast Asian travel market, and it can also spare energy to do food delivery, finance and other businesses.
"William, I've been giving you almost three years, and Bukapak is not only not dead, but getting stronger.
Shopee and Lai Zanda have come to your basic market in Indonesia.
Behind Shopee is the Sea Group, and Sea's major shareholder is Penguin, which has a market value of 4 trillion Hong Kong dollars.
Behind Lai Zanda is Ahri, who has a market value of 500 billion US dollars, and has invested more than 4 billion US dollars in Lai Zeda.
At this time, you are still fighting to the death with Bukapak, instead of uniting and uniting with the outside world, waiting for your end to be broken one by one. ”
William knew that Yimin Wangjin, a listed company controlled by Zhang Yida, was a shareholder of Bukapak, so he joked: "Mr. Zhang, is it that Bukapak can't hold on and asks you to come over to spread the word, they want to surrender?"
Zhang Yida knew that this person was like this, but now he didn't have time to joke with him, and said with a very serious expression: "Do you understand the current situation of you and the company? ”
William also put away his hippie smile, his eyes sharpened, and he said very seriously: "I can agree to the merger, but the control of the enterprise must be in my hands." ”
Zhang Yida looked at him without showing weakness and said: "This is impossible, Ruixiang must control!"
William spread his hands and looked indifferent, "Mr. Zhang, you don't look like a good investment partner now, but a bit like a barbarian at the door." ”
Zhang Yida knew where his confidence came from, and sneered: "Do you want to call Mr. Sun Zhengyi? Then you can call now." ”
Seeing Zhang Yida's fearless look, William didn't believe in evil, so he took out his mobile phone and really dialed Son Zhengyi's phone.
"Hey, Mr. Sun, I'm William Tanuviaya of Tokopedia. ”
Son took the phone from his assistant and greeted William with a smile.
William smiled at Zhang Yida and deliberately turned on the hands-free.
Zhang Yida stood aside and watched William's pretending performance.
"Mr. Son, yes, given the current tension in the e-commerce market in Southeast Asia, Mr. Zhang Yida wants to promote the merger of Tokopedia and Bukapak, and also wants Ruixiang to control Tokopedia.
I'd like to hear from you!"
SoftBank has invested in Tokopedia several rounds, and last year's G round of financing alone invested $1.1 billion, and on Son's side, it is naturally on the list.
Before coming to the showdown with William, Zhang Yida had already reached a consensus with Son.
What is the consensus?From Rui to control Tokopedia, and then open up the domestic Zhonghe e-commerce system, in cross-border e-commerce, logistics and other links.
This is not to say that SoftBank doesn't love Ahri, it is because it is afraid that something will happen to Ahri, so it wants to go to Zhang Yida to buy an insurance.
No matter how the domestic e-commerce situation changes in the future, SoftBank will be the winner, unless Goudong picks up Ahri and Spell Dodo.
"I agree with Mr. Zhang Yida's approach, at present, Ahri and Penguin have entered the Southeast Asian e-commerce market, which is a hunt between giants.
To win in this competitive war, we should unite our forces. ”
Zhang Yida looked out the window and didn't look at William with a lost face.
William's face was like ashes, he thought that Son would support him, but he didn't expect to be abandoned by SoftBank's father and find a new owner for Tokopedia.
"William, don't be discouraged, Mr. Zhang Yida has a lot of experience in fighting Ahri and penguins, and he will help you.
It's also great for Tokopedia, and for our shareholders. ”
What Son said later, William didn't listen carefully.
Rather, I wondered, how many shareholders were involved in this "mutiny"?
He looked at Zhang Yida and asked, "This is your ultimate goal, to kick me out of the company you founded?"
Zhang Yida shook his head, "You continue to be your CEO, Ruixiang only holds shares, and does not interfere in daily operations."
We all have a common goal, to make the cake bigger and beat Shopee and Razanda.
Until this goal is accomplished, any infighting is foolishness. ”
William was a little unconvinced, he felt that this matter was not so simple, and once Ruixiang took control, how could he always let him be in power.
"Believe it or not, do you think any of our shareholders know more about the company and the business than you do?
Shareholders are not stupid and will choose the best solution. Besides, what qualifications does a $5 billion company have to make a big deal about? ”
was ridiculed by Zhang Yida like this, and William remembered the valuation of nearly $150 billion combined by Ruixiang and Zhonghe.
When you think about it, it seems to make sense. I really don't like this bit of stuff in my own company.
The suspicion in William's eyes gradually disappeared, and he asked: "In that case, why do you have to be obsessed with holdings?"
"Penguin holds nearly 40% of Sea's shares, and Ahri holds 83% of Laizanda's shares, can Ruixiang be weaker than them?
It's not a question of face, it's a question of valuation and market confidence, and the concept of the story. ”
William understood now, and at the same time felt a burst of sadness.
Tokopedia, Lezanda and Sea Group are already some of the largest Internet companies in Southeast Asia, and they are only worthy of being pawns by Chinese Internet giants.
The bigwigs are talking and laughing, but they and others have become tools for Chinese giants to hunt Southeast Asia!
No matter how indignant he was in his heart, he could only endure it. SoftBank has already taken refuge in Zhang Yida, and other shareholders, such as Black Shirt Capital, should be no exception.
After 8 rounds of financing, his shareholding ratio has fallen below 5%, and even if it is AB shares, his voting rights are less than 50%.
For emerging markets, venture capital has always been black, just like what happened to Ahri and Penguin, with many of them winning 30% or 40% of their shares in a round of financing.
So if William has to fight, he can still make some moves, but his interests are also hurt.
After receiving Zhang Yida's assurance, convinced that he could continue to be in charge of the company as CEO, William still chose to compromise.
An egoist who knows what to do is better for himself.
Zhang Yida was also very helpless, so he had to play tricks with himself and make this scene.
He will not change William for the time being, and he will mainly start a war with other e-commerce platforms immediately, so it is not appropriate to cause too much turmoil.
As for the future, it's hard to say.