Alibaba's four directors, Ma Yun, Tsai Chongxin, Japan's SoftBank Chairman Masayoshi Son, Yahoo Director Yang Zhiyuan. ↗

Son Zhengyi and Yang Zhiyuan are also battle-hardened people, so they naturally guard against the abolition of the agreement, so they did not sign any agreement with Ma Yun about Alipay's equity transaction, but only verbally agreed.

Once the agreement is repealed and Ma Yun does not have the authorization of the board of directors, Alipay's transaction will be illegal and the three parties will have to renegotiate.

Finally, after a period of negotiations, Alibaba Group, Yahoo and SoftBank formally signed an agreement on the equity transfer of Alipay, and Alipay gave Alibaba Group a one-time cash return when it went public. The return will be 37.5% of Alipay's total market capitalization at the time of listing, and the return will be no less than $200 million and no more than $600 million.

This price can't be avoided at all, may Ma Yun deceive herself and quietly sell Alipay to herself?

Apparently impossible.

Of course, now this qiē is still a bureau against the Chinese government, the purpose is to deceive the relevant departments and let Alipay get a payment license.

But except for a few parties, the outside world did not know that Alipay's equity had been transferred from Alibaba Group to Ma Yun's company.

If the news leaks, the deal will be a violation of the Securities Exchange Act, and the stock prices of Yahoo and SoftBank will plummet, because their stake in Alibaba Group will be less valuable.

Ma Yun was stunned for a moment, and then smiled at Wang Zixuan: "If you want to apply for a payment license, Alipay really wants to become a domestic-funded company." ”

He didn't know if Wang Zixuan really knew, or if he was just guessing!

Because the central bank will soon start accepting applications for payment licenses, companies that meet the qualifications in the industry are preparing, and Prince Technology has acquired Fast Money, and Wang Zixuan naturally knows about it.

Wang Zixuan saw that Ma Yun was still playing sloppy with him, and said with a smile: "If I go to short the stocks of Yahoo and SoftBank now, I don't know how much money I can make." ”

I heard that Wang Zixuan was going to short Yahoo and SoftBank. Ma Yun also knew that Wang Zixuan must have known about their acquisition of Alipay with 300 million Huaxia coins, and he didn't dare to be sloppy anymore, and said with a smile: "The prince is interested in Alipay?" ”

If Wang Zixuan really wants to short Yahoo and SoftBank, he won't sue him in advance.

Now SoftBank's market value is more than $30 billion, Yahoo's is more than $20 billion, and the two companies will be shorted through the transfer of Alipay's shares, and at most billions of dollars will be gained. Even if Wang Zixuan is a genius, a profit of $1oo million dollars is the limit.

Ma Yun didn't think that Wang Zixuan would go to great lengths for this money.

Since it is not really short SoftBank and Yahoo, it is for the equity of Alibaba Group.

Of course, Ma Yun hoped that Wang Zixuan would just come for Alipay.

Wang Zixuan smiled: "I don't like the Japanese. ”

Ma Yun chuckled in her heart. said with a smile: "There are not many Japanese people in our country, and before looking for Son, I looked for a lot of investments in Silicon Valley, but they were all rejected." ”

Wang Zixuan picked up the teacup and said with a smile: "I won't go around in circles with you anymore, I want you to help me buy the shares of Alibaba Group held by Yahoo and SoftBank." If someone in management wants to sell the shares, I'm willing to pay a high price. ”

Hearing that Wang Zixuan also wanted to acquire the shares of the management, Ma Yun broke out in a cold sweat.

The whole world knows that Wang Zixuan likes sole proprietorships, whether it is Prince Technology, which is now valued at a whopping $3ooo dollar. It is also the global expansion of Prince Vacation, the evolution media that affects the global entertainment industry, and 1oo% of the shares belong to Wang Zixuan.

Ma Yun has a strong desire to control, although his stake in Alibaba is less than 1o%. However, the board of directors of Tongguò holds control over Alibaba Group.

With every financing, he sets limits on voting rights.

Yahoo now owns 39 percent of Alibaba Group's shares, but only 35 percent of its voting rights and only one seat on its board of directors. SoftBank also has only one, while Alibaba has two.

Later, in the financing of Alibaba Group, Ma Yun even set up non-voting shares for the investment fund.

According to the original agreement between Yahoo and Alibaba Group. In January, Yahoo was able to own 39% of the voting rights, while the voting rights of management fell to 31.7%, and SoftBank's 29.3% stake and voting rights remained unchanged.

At the same time, Yahoo's position on the board of directors has also increased to two, and Alibaba's board of directors has become five, Yahoo has two, SoftBank has one, and management has two.

If Yahoo and SoftBank join forces, Ma Yun could be kicked out.

Ma Yun naturally can't accept this matter, and has been busy negotiating with Yahoo this year, wanting to buy back Yahoo's shares, so as not to lose the control of Alibaba Group, but the valuation has not been negotiated.

For the company's development, Ma Yun sold most of the shares, but this is only temporary, as long as he has money, he will buy back these shares.

In the previous financing agreement, Ma Yun also had a clause to repurchase shares, for example, in the agreement with Yahoo, if Yahoo is acquired by other companies, and Yahoo's equity control of Alibaba will change, Alibaba has the right of first refusal to repurchase the shares held by Yahoo.

It's also to prevent the shares of Yahoo and SoftBank from falling into the hands of a single company.

The shares are scattered in the hands of the two companies, and Ma Yun can join forces to achieve the goal of controlling Alibaba by herself, and then buy back these shares when she has money in the future.

That is, borrow money from them to develop the company first, and then buy back the shares when there is money.

But if all the shares of Yahoo and SoftBank fall into the hands of Wang Zixuan, then Wang Zixuan will become the majority shareholder of the company, and the shareholding is as high as 68.3%, and Ma Yun can be kicked out at any time.

Ma Yun is still thinking about driving Yahoo and SoftBank out of the game, how can she be willing to be kicked out by Wang Zixuan at any time.

Ma Yun shook her head and said: "We have been negotiating with Yahoo this year to buy back Yahoo's shares, but Yahoo is not willing to sell Alibaba Group's shares now." Son was even more reluctant to sell. ”

Wang Zixuan said with a smile: "At this time and that time, Prince Technology has entered the field of e-commerce, and no one knows if Taobao will become the next MSN, right?" ”

There is already a feeling of waning in SN, and if it weren't for the fact that the popularity of smartphones is not high now, MSN would be directly out.

In the past few days, the face wave OK has also clearly felt the micro. The impact of faith.

If before coming, Ma Yun was still a little unable to see the exhibition of micro-business, then after Wang Zixuan said that he would acquire the shares of SoftBank and Yahoo, Ma Yun knew that micro-business could not replace Taobao.

Ma Yun laughed: "If you want to buy their shares, they can be sure that Taobao will not become the next MSN." (To be continued!)

Tips: The new domain name "biquge.info" has been launched by Biquge, and the original domain name is about to be discontinued. Please tell each other, thank you!