Just as Tianxiu Group and its subsidiary 67.com are in full swing, the life of another domestic company is struggling. It's just that.

At present, Tabo is still at the point of grabbing popularity and traffic for free. Alipay is burning money and there is no hope. Faced with fierce competition among websites such as eBay and financial difficulties, many people think Tabo cannot make money.

In addition, Ah Li's investors began to put pressure on the management represented by Ma Yun, hoping to find a profit model quickly, and not to continue to pay for free.

More importantly, ebay wants to acquire it, but Masayoshi Son was quite moved by the price offered by ebay.

In this internal and external difficulties, a small company that had been unknown before also began to enter the field of online payment.

Compared with Alipay's predicament, this Tianxiu Network Technology Company is too rich. It is like tap water, and it is burning a lot of money to create momentum, which has made Alipay, which is now a pioneer in domestic payments, become a foil.

Of course, Ma Yun is not worried about this. Relying on Tianxiu Payment, a subsidiary of 67.com, due to its limited business form, it is destined to be impossible to grow into a towering tree.

What he envies and hates is that the other party is too rich...

Thursday, May 5, 2005.

Guan Qiu, who was in class at school, received a call from Li Haoxuan, saying that Ma Yun, chairman of Alibaba Network Technology Co., Ltd., and Jin Jianhui, head of the business department, were visiting.

"Oh, is that?" Guan Qiu smiled, covered the microphone and asked Fei Wenbin next to him, "Old Fei, where is there KTV here?"

Fei Wenbin said: "There are many commercial streets in the south, including Haoledi, Qiangu, etc."

Guan Qiu let go of his hand and said, "Tell them that I'll be waiting for them at the money counter."

"I know, boss." Li Haoxuan grinned. This boss always acted wildly and came to the company to seek the VC several times. He just heard the name and decided to invest. This time he even more outrageously, and he actually went to KTV to discuss cooperation. He was so heartless.

When Li Haoxuan conveyed Guan Qiu's meaning to Ma Yun apologetically, Ma Yun was also a little surprised, but then she stood up and smiled and said, "Let's go and take a look."

When Ma Yun and the others arrived at the cashier on the commercial street in Hongqiao District, Guan Qiu was singing alone, "Time has passed and never returned, the past can only be recalled... Mr. Ma, come, come, sing together..."

As he said that, Guan Qiu turned around and took a microphone for Ma Yun.

After taking it, Ma Yun sang: "Remembering the childhood of a bamboo horse and a green plum, the two young people are with each other day and night..."

Guan Qiu followed Li Haoxuan and Jin Jianhui applauded together.

Guan Qiu sang: "You will change your mind like time is stumbling back. I can only snuggle with each other in my dream..."

After the song was finished, Guan Qiu laughed and handed the microphone to Li Haoxuan next to him, patted the sofa and said with a smile: "Mr. Ma, please sit down."

After sitting down, Ma Yun asked the first sentence: "It seems that Mr. Guan already knows what I want?"

Guan Qiu smiled and said, "I have been paying attention to the news. If what I expected is good, your current situation may not be too short."

Without saying secret words in front of Mingren, Ma Yun did not pretend and said, "It is true! Investors are urging me to change my business model, but I don't want to do that. If I do it according to their wishes, it is not what I want."

Guan Qiu nodded and pondered for a while, asking: "I heard that Yahoo plans to invest in cash and all of Yahoo China's core technologies as an exchange. I wonder if this is the case?"

Ma Yun was shocked. Except for a very small number of people, it is absolutely impossible for outsiders to know such a commercial secret. The two sides were just contacting each other. Unexpectedly, the other party would know so quickly. As the outside world rumored, they had great supernatural powers.

Guan Qiu already knew about it, and Ma Yun did not deny it, "Not bad!"

Guan Qiu smiled and said, "Since that's the case, why did Mr. Ma come to me again? Let me guess, the conditions offered by the other party exceeded Mr. Ma's psychological expectations!"

Ma Yun didn't want to be led by Guan Qiu, and smiled and said, "Oh, then Guan might as well guess, what about Yahoo's bid?"

Guan Qiu touched his nose and said with a smile: "Yahoo is not short of money. What he lacks is investment goals with market potential. The market value of Ali Bar is obvious to all. If it were me, it would take at least 35% or 40 shares, and a part of the voting rights would be added. Mr. Ma?"

Ma Yun was really not surprised now, looking at Guan Qiu like a ghost.

Ah Liba and Yahoo are just new to contact us, and we haven't talked about the specific shareholding ratio yet. However, according to internal estimates and Ah Li's financial situation, we must sell more than 35% of the shares in order to get sufficient development funds.

But this is what they discussed internally, how did Guan Qiu know? Did the other party send an undercover agent to his company's senior management?

Seeing that Ma Yun was scared, Guan Qiu laughed and said, "Didn't I tell you just now? I have been following your dynamics and have found someone to analyze your operations and development status. These things are told by the analyst."

When Ma Yun heard Guan Qiu's words, he felt relieved, but he was still a little confused. This young invisible rich man was really hard to understand.

Seeing that the atmosphere was a little stiff, Guan Qiu smiled and said, "Come on, let's talk about it again. What does Mr. Ma like to sing? Please help you."

Ma Yun said "red beans" casually, and Guan Qiu said to Li Haoxuan: "Come on, help Mr. Ma order a song of Faye Wong's red beans."

"I haven't felt it well yet, the snowflakes blooming climate..."

After singing the song, Guan Qiu smiled and said, "I'm going to hide it from Mr. Ma, saying that I'm very interested in Yahoo China's email business..." Seeing Ma Yun frowning, Guan Qiu said, "Mr. Ma, don't be excited first. Listen to me, I plan this way..."

On the beginning of summer in 2005, Guan Qiu and Ma Yun chatted on Qiangui KTV in Hongqiao District, Shanghai for more than three hours. During this period, Guan Qiu was also right, and he put forward some "personal opinions" on the future development of Taobao and Alipay.

In the end, the two of them joined KTV, and when they left, they stood arm and laughed, and looked like they met too late.

...

Watching the car disappear at the corner of the long street, Guan Qiu smiled.

To be honest, he originally wanted to support "Beijing Dongduo Media" to compete with Ah Liba, but in the end he changed his mind.

The development of Ah Libaba is not just Ma Yun’s own business, but also led to the rise of the entire Chinese Internet technology. The reason why China can overcome credit card consumption in European and American countries in one step and achieve overtaking on the curve and cashless consumption is that Ah Libaba has made great contributions.

He cannot destroy the direction of history just to make money.

The only way is to invest in shares and become its major shareholder.

The two parties agreed that Xinghai International Investment invested US$1.8 billion in one year to obtain 38% of the common stock, 30% of the voting rights, a board seat, and to guarantee Ma Yun's absolute voice in Alibaba.

The first batch of US$300 million in development funds will be received within one week.

In exchange, after successfully acquiring Yahoo China, Alibaba needs to split its email business and related technologies to Xingyu Technology.

The reason for going around such a big circle is that Yahoo's search engine technology is very important for the future development of Ah Libaba. He has no WeChat layout and has other ways to make money. But if Ah Libaba fails to get Yahoo China's technical support and dies halfway, then his sins will be great.

So he would rather be a little trouble.

As for Yahoo China, it doesn’t matter whether it will invest in technical requirements or not, it doesn’t matter, they will sell it in the future anyway.

The rest are the shares in SoftBank and other investment companies.

It may be difficult for SoftBank to get it, but other small VC companies that are shaking can sweep them out in advance.

"You send someone to contact those VC companies and find a way to buy all the shares in their hands."

Li Haoxuan nodded, "I understand the boss."
Chapter completed!