The Longteng e-commerce system has been upgraded, and the upgraded Longteng e-commerce system has once again aroused heated discussions. At the same time, the market share in China has expanded again.

This upgrade made iFLYTEK and Baili Group extremely uncomfortable. The stock price has fallen again, and the market value has shrunk again.

Baili and iFLYTEK also suffered relatively large losses in the recent stock market crash. Although it is not as miserable as Twitter, the value of many shareholders has also fallen sharply.

In the face of the giant opponent of the Dragon Group, they are also powerless. Many major shareholders are selling the shares of the two companies, and the two companies can't give investors confidence in something too decent, so the stock price has been falling.

Since the rise of Longteng Group, the market value of Baili Group and iFLYTEK Group has shrunk seriously. Compared with the market value at its peak, the market value of Baili and iFLYTEK Group has shrunk seriously in recent years.

The market value of Baili Group is now only about $200 billion, while the market value of iFLYTEK is only about $140 billion.

At their peak, the market capitalization of Baili and iFLYTEK exceeded $400 billion. And now that there is only so much money left, it is indeed a little uncomfortable.

They are also looking for change, and this change is also quietly underway.

In a villa in Hangzhou, Zhang Fan and Ma Baili met here. Ma Baili was very busy during this time, but this kind of busyness made Ma Baili very happy.

During this time, the stock of Baili Group continued to fall, and many investors were selling their stocks. And Ma Baili is quietly buying these stocks.

In order not to attract attention, the entire buying team was provided by Zhang Fan. The funds were transferred from Zhang Fan in the global stock market some time ago.

Recycling of shares, privatization of the company. This is Barry's next move. In the process of this action, Zhang Fan also participated.

It has been a long time coming, and the acquisition of shares is also proceeding rapidly. Not only that, Zhang Fan also participated in it and acquired the shares of Baili Group together.

"Mr. Ma is good, Mr. Zhang is good ......"

A middle-aged man walked in with a smile on his face. Zhang Fan and Ma Baili looked at the middle-aged man and nodded.

"I'll report back to both of you now. After our secret acquisitions during this period, we spent a total of $78 billion to buy 39% of the shares of Baili Group. ”

The middle-aged man's words made Zhang Fan and Ma Baili laugh. Thirty-nine percent of stocks, which is already very high.

And Ma Baili still has 13% of the stocks in his hands, so that the stocks in the hands of Zhang Fan and Ma Baili together account for 52% of the shares of the entire Baili Group, which is already an absolute controlling stake.

$78 billion, this huge amount of money is not something that ordinary people can have. Few people dare to be so bold.

"How's the other shareholders getting in touch?"

Zhang Fan couldn't help but ask. In this secret layout, Zhang Fan and Ma Baili's plan is to privatize the Baili Group.

The ultimate goal of privatization is to delist, and now this opportunity is the most suitable opportunity for the privatization of Baili Group.

"At the moment our team is in contact. No small progress has been made. There are already some shareholders who are willing to sell their shares......"

The middle-aged man's words made Zhang Fan and Ma Baili nod. This time, for the privatization of Baili Group, Zhang Fan mobilized a lot of funds.

Ma Baili also invested a lot of money, and all the money he made from the stock market crash this time was invested in it.

Not only that, but he also borrowed a lot of money from Zhang Fan. After the privatization process is completed, Baili Group will be delisted from the U.S. stock market, and will then undergo a comprehensive strategic upgrade and reform.

According to the plan, after the privatization, the entire Baili Group will be held by Zhang Fan and Ma Baili. At that time, Zhang Fan will hold 49 percent of the shares, and Ma Baili will hold 51 percent of the shares.

The reason why he spent money to invest in 100 miles was that Zhang Fan had his own plan. Although the market value of Baili Group has been declining, it has done very well in many aspects.

Whether it is in a self-operated base or offline retail, there is a large market. At the same time, there are also great technical advantages in cloud computing.

At the same time, Baili Group also has a large amount of data, which can complement Longteng Group in terms of express logistics, network payment and other technologies.

And the market opened up by the two companies is different, especially in recent years. Longteng Group and Baili Group are separate from the development of overseas markets.

Longteng Group has put the overseas market in ASEAN. However, the Baili Group has set its sights on India, another populous country.

Over the years, Baili Group has a lot of layouts in India, and has now become the largest e-commerce group in India, with an increasing market share.

This is also what Zhang Fan values, in fact, the most important thing is the person of Ma Baili. Baili Group started from scratch and really came out step by step.

If Zhang Fan hadn't had a lottery, even if he took off his clothes and ran, he wouldn't have been able to catch up with a penny. The reason why Longteng Group has risen so quickly in recent years is because Zhang Fan has too many plug-in things.

After the privatization is completed, some things of Longteng Group can be shared with Baili Group. At that time, the two companies will be two sharp swords, opening up markets in different directions.

As for the iFLYTEK Group, Zhang Fan is a little disdainful. iFLYTEK Group's once most profitable project has been completely suppressed by Longteng Group.

Games and social networking used to be Xunfei's magic weapon. Now it has been crippled by the Longteng Group. Although iFLYTEK transformed into an e-commerce company and learned from Longteng Group to play self-management, the effect was not very good.

In Zhang Fan's view, Ma Xunfei lacks a certain amount of courage. Even the transformation lacks some courage. If iFLYTEK Group could cleanly package and sell the game and social business in the past few years, and concentrate on e-commerce and self-management, Zhang Fan would still be able to see it.

But Ma Xunfei was reluctant. Even now, the social business and the gaming business still exist. Let's take a look at Ma Xunfei's investment, I want to invest in whatever makes money.

In recent years, a large amount of money has been invested in real estate projects. At the same time, there is also investment in the entertainment industry, and such a chaotic investment makes the competitiveness of iFLYTEK Group weaker and weaker.

In Zhang Fan's opinion, Ma Xunfei is actually a little tired. In the past few years, he has also secretly cashed out, holding fewer and fewer shares of iFLYTEK Group, and most of the money he gets has been invested in fixed assets such as houses.

With such an iFLYTEK group, Zhang Fan doesn't care much anymore. After Baili Group completes privatization, iFLYTEK Group's e-commerce business will suffer a more serious blow, and the three giants of e-commerce may become the two giants of e-commerce.

"Continuing to acquire ......"

Zhang Fan raised his wine glass and touched it with Ma Baili, and smiles appeared on each other's faces.