Chapter 143 Internet Banking

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Zhou You does not care about money now, Google has been approved by the U.S. Business Commission to carry out a pre-IPO, at this stage, Google's market valuation has reached $35 billion, that is, Zhou You's shares are worth $3.5 billion.

Although in the process of this IPO, 5 percent of his shares will be transferred out, it is equivalent to an extra $1.75 billion in cash in his hand, and he has no place to spend such a large amount of money now.

From 98 to the present, nearly six years, Zhou You finally entered his wealth from the accumulation stage to the abundance stage, and after that, he will no longer worry about funds. On the contrary, in order to preserve the value of these assets, he must also find a suitable investment channel.

In the second half of the year, Tengxun will also be listed, and at that time, his wealth will have a rapid leap. Because in Tencent, he has 40 percent of the shares, and even if he goes public this time, he will only transfer about 10 percent of the shares at most, and at least about 30 percent will be left in his hands.

Now he is not short of funds at all, although the bank still has billions of dollars in loans, but these loans are high-quality assets, the bank is not in a hurry to repay, and Zhou You has no intention of repaying in advance.

Because lending is not just a means of business, but also a means of communication. Without billions of dollars in loans, Zhou You will not bring tens of billions of dollars of annual turnover to the four major banks, and without this relationship, Zhou You and Teng Xun's Alipay will not get the consent of the four major banks, and these relationships are complementary to each other.

The Beverly Hills Hilton Hotel, when you enter the hotel, you have received a lot of attention, but today it is not because everyone recognizes him, but because his big bald head is a little too eye-catching.

At 1.96 meters, he is taller than most Americans, and he still has a big bald head, coupled with his iconic H-shaped beard, and the momentum of eagle and wolf, there is really no way not to pay attention to him.

The first time Robson saw Zhou You, he felt the sky-high momentum in him, which could put a lot of pressure on anyone and make people ignore his age.

He also really understands why Zhou You was able to slash Fang Yu internationally, and why he was able to be a balance beam between the two sides of the Colombian civil war, because this person has a kind of ability and momentum that makes people feel intimidated.

"Hello, Mr. Zhou, I take the liberty of inviting me, I hope you don't think I'm too presumptuous."

"Mr. Walton, you are so gracious, and it is my honor to receive your invitation." Zhou You shook his hand and said, "This is my assistant Sanchez, who has always admired your family for building the world's largest business. ”

Robson also introduced Bart, and several people shook hands with each other, and Robson said: "The false name of the first largest enterprise is actually a heavy shackle on the Walton family, in order to maintain the development of a large enterprise with millions of people, every member of the Walton family feels like walking on thin ice. You may be seated ......."

Dinner was Italian, and even in the United States, French food was not a popular fashion, and few people liked to eat French food except for some young people who liked to pretend.

French cuisine was originally born from Italian cuisine, and their taste is not much different from Italian cuisine, but it is made a little more refined, and then a set of etiquette procedures are added, but compared with the original Italian cuisine, it is not affordable for a year.

The four of them sat at opposite ends of the table, and the generous portions of Italian food were perfect for them to eat and chat. If you eat French food, you just have to change the plate and change the wine glass, where is there still the interest of chatting.

The table wine is not a high-end red wine, but a mid-range red wine from Napa Valley, California, which is less than $50 a bottle, but when you drink it around the world, it is not much different from a $200 red wine.

Zhou You and Robson have made detailed communication on the establishment of Tmall, the development direction of Tmall, and some advanced experience and shortcomings in warehousing and logistics. Walmart has the world's largest logistics network and has accumulated a wealth of experience in this industry, so to speak, Tmall still has a long way to go if it wants to catch up with Walmart.

When they were full of food and drink, Zhou You and Robson had already chatted very happily, they both intended to accommodate each other, and they were both looking for topics that interested each other, so they were naturally very interested in talking. Sanchez and Bart had been listening, they were not much different in age, and they were both very shrewd mall elites, and they were not bored to occasionally supplement the words of their respective bosses.

Subsequently, they went to the café of the hotel to continue the conversation, at this time, Zhou You found that a reporter was secretly filming next to him, but he saw that Robson didn't care, so he didn't make a move to drive the reporter away, but just asked the hotel waiter to arrange a more hidden location for them.

At this time, he was even more sure that Robson was talking about peace or looking for cooperation this time, if not, he must be very afraid of the exposure of reporters.

Sitting down in the café, Robson also spoke directly. "Mr. Zhou, I came here this time with sincerity and friendship. The emergence of Tmall has completely subverted the previous business model, and we just talked about how the future of shopping will change into two extremes due to the different shopping experiences. On the one hand, it is centralized, large-scale, and entertaining shopping enjoyment, on the other hand, it is convenient and fast online shopping, and Wal-Mart will also develop to a more professional shopping community in the future, but we are also ready to develop into an e-commerce industry and establish our own website and service system, but in this regard, you should be an expert. Walmart has never been a conservative company, and we are willing to cooperate with any person or company who can help us to move towards a brilliant future together. ”

If Robson has a good understanding of Tmall and Zhouyou, Zhouyou also has a full understanding of Walmart and Robson. This afternoon, he read Robson's experience at home, and he also knows the future development of Wal-Mart, so he has an advantage over Robson in this regard.

I forgot when Walmart entered the e-commerce industry in its previous life, but it should be at least around 2010. But in this life, he has traveled around this butterfly more, and the Tmall he founded has dealt a blow to traditional business since it appeared, which has also shocked the world.

In the previous life, Yibai has always focused on the second-hand market, Amazon focused on book sales, and Ali focused on B2B and C2C.

The main reason for this is that no company has the strength to travel around, and can directly envelop so many suppliers and directly establish a large-scale e-commerce company for national sales.

Now, with the emergence of Tmall, Walmart has felt tremendous pressure from the beginning, which has also made them prepare for the transformation years in advance.

Zhou You nodded and said: "Wal-Mart has always been a company that I respect more, and in the era of traditional business models, Wal-Mart, as a reformer, has always been at the forefront of the times. But due to the development of technology, the Internet has connected everyone, so at this time, e-commerce appeared. Tmall has never wanted to be a killer of traditional business, but is willing to go beyond today's business model to find a more potential model, so we also welcome companies like Walmart to become our partners. ”

Robson had already felt that Zhou You had no intention of resisting them from the communication with Zhou You in the evening, so he was not surprised by Zhou You's statement. He thought for a moment and asked, "Whether it's Walmart or Tmall, it's not a small company." The impact of working with a company like ours will be very far-reaching, so how we work together requires a complete forecast and assessment from our strategic departments. But I personally believe that this kind of cooperation should not harm our respective core interests, and then seek common ground while reserving differences, and go hand in hand. ”

Zhou You pondered for a moment and said firmly: "Mr. Walton, you should have done some knowledge about me and know some of my personality. Although I have some achievements in the business field, I have never considered myself a qualified businessman. I hate endless meetings, I hate all kinds of business interactions, I hate all kinds of deceitful negotiations, and I hate even the daily tedious affairs of the company. From the beginning, I positioned myself as a spiritual leader, which allowed me to take a break from the tedious business affairs and do something I love to do. For example, the movie I'm going to make now, or the treasure hunt in the sea in a boat. So, I don't have the patience to negotiate with your company for months, or even years. Therefore, I would prefer the two of us to establish a framework agreement first and negotiate it within the scope that meets our needs, and if this framework agreement cannot be established, there is no basis for subsequent negotiations to be successful. I need to confirm now, can you represent the entire Walmart company now? ”

Walmart is different from Tmall, which is only a joint-stock company and is not listed. The founder of Zhou You, who now directly and indirectly controls 37 percent of Tmall's shares, is not only the largest shareholder, but also a well-deserved decision-maker. Neither Temasek nor CICC dared to question the authority of Zhou You.

But Robson is different, although he is the chairman of Wal-Mart and the eldest son of the Walton family, he still has his mother above him and several siblings below, and his decisions may not be fully agreed. Moreover, the decision-making of a listed company must be approved by the majority of shareholders, so if he wants to negotiate with Zhou You, he must first authorize it.

Robson nodded and said, "At the Walton family gathering not long ago, I was already authorized. ”

Zhou You nodded, the Walton family has fifty-one percent of Wal-Mart's shares, as long as it is authorized by the family, it doesn't matter. "Okay, so that is, there are no barriers between us at the moment. Then I'll give you some of my opinions, and you can take note of them. ”

As soon as he heard Zhou You's words, Bart immediately took out his notebook and shorthand pen, he was afraid that he couldn't hear clearly, so he took out a voice recorder, opened it and put it in front of Zhou You.

Zhou You thought for a while and said: "The first step of cooperation should be the mutual shareholding of Tmall and Wal-Mart, which can be achieved in a way, and as for the specific share exchange ratio, the following people can negotiate." ”

Robson nodded and said, "Yes, that's what Walmart needs, and we don't have any opinion on that." ”

"The second part is that Tencent cooperated with Wal-Mart to help Wal-Mart establish its own online trading platform and carry out e-commerce services in the United States, and our opponents are Yibai and Amazon."

Robson thought for a moment and asked, "I have a few questions here, can the platform developed by Tencent comply with the security regulations of the US Cyber Security Council, and whether the technology is advanced?" Will the cost be higher than the cost of our own R&D? ”

Zhou You said with a smile: "I don't know if Tengxun's technology can be higher than Yibai and Amazon, but I know that the cost is definitely lower than them, because our investment in software and hardware on the Tmall platform is only one billion yuan, and the cost of developing the second set will be reduced by at least half." As for the cybersecurity committee, of course, Walmart needs to lobby. Of course, if Wal-Mart feels that it is too close to mainland companies, it can also find American companies to cooperate, but I only ask for one thing, that is, Wal-Mart's payment platform must use Tencent's Alipay system. ”

"Alipay?" Robson groaned for a moment and said, "If that's the case, Wal-Mart must require at least 30 percent of the shares in the Alipay project." ”

Zhou You shook his head and said with a smile: "Alipay will be a major project for me and Tengxun in the next stage, and I attach great importance to this project, thirty percent is too high, at most twenty percent." ”

He paused for a moment and asked, "I attach great importance to it, do you want to surpass Tmall?" ”

"It's a different project, but my expectation for Alipay is to become the world's largest online bank in the future......"

Robson glanced at Zhou You in surprise, then looked at Bart again, and then said: "If that's the case, Walmart can play a very important role in promoting Alipay, and I don't think a 30 percent share is too high." ”

Zhou You asked rhetorically: "If Alipay will absorb the world's top 100 banks as shareholders in the future, and if Alipay will become the most important payment method in the world, do you still think 20% is too little?" In fact, 20 percent is only the largest share that Wal-Mart can occupy in the beginning, and in the future, Wal-Mart's stake will not exceed 5 percent, and even banks like Citigroup may only hold 1 percent. ”

The current era of mobile payment has not yet arrived, as long as Alipay can complete the layout before 2007, it can easily become the hegemon of the global payment channel, at that time, this project will have more development potential than Tmall.

Because the current Tmall is actually only an empty shell, without any development potential advantages, because the real core things have been stripped out by Zhou You, such as Alipay.

To make it clear, Tmall is a money-making tool for traveling, and this company will not go bankrupt, and will even develop better and better, but this kind of good is piled up by financial advantages and channels.