Alibaba's four directors, Ma Yun, Cai Chongxin, Japan's SoftBank Chairman Masayoshi Son, and Yahoo's Director Jerry Yang.

Masayoshi Son and Jerry Yang are also people who have been on the battlefield for a long time, so they are naturally wary of the abolition of the agreement control, so they did not sign any agreement with Ma Yun about the Alipay equity transaction, but only made an oral agreement.

Once the agreement control is abolished and Ma Yun does not have the authorization of the board of directors, Alipay's transactions are illegal and the three parties must re-open negotiations.

After a period of negotiations, Alibaba Group, Yahoo and SoftBank officially signed an agreement on the transfer of Alipay's equity. When Alipay went public, it gave Alibaba Group a one-time cash return. The return amount was 37.5% of Alipay's total market value when it was listed, and the return amount would not be less than US$2 billion and not more than US$6 billion.

This price is completely unavoidable. Could Ma Yun deceive herself and sell Alipay to herself?

Obviously impossible.

Of course, all of this is still a bureau targeting the Chinese government, with the purpose of cheating relevant departments and allowing Alipay to obtain a payment license.

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

If the news is leaked, this transaction is a violation of the Securities Trading Law, and the stock prices of Yahoo and SoftBank will plummet because the equity value of the Alibaba Group they hold is one piece less.

Ma Yun was stunned for a moment before smiling at Wang Zixuan: "If you want to apply for a payment license, Alipay really needs to become a domestic company."

He didn't know if Wang Zixuan really knew it or was just a guess!

Because the central bank will soon start accepting applications for payment licenses, companies with qualified qualifications in the industry are preparing, and Wang Zixuan has acquired Kuai Qian, so Wang Zixuan naturally knows this.

Seeing that Ma Yun was still sloppy with him, Wang Zixuan smiled and said, "If I go short Yahoo and SoftBank's stocks now, I don't know how much money I can make."

When he heard that Wang Zixuan was going to short Yahoo, SoftBank. Ma Yun also knew that Wang Zixuan must have known that they had used 300 million Chinese currency to acquire Alipay, and he didn't dare to be careless anymore. He smiled and said, "Prince is interested in Alipay?"

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

SoftBank’s market value is now more than 30 billion US dollars and Yahoo’s more than 20 billion US dollars. Shorting the two companies through the transfer of Alipay’s equity will at most make billions of dollars. Even if Wang Zixuan is a genius, making a profit of 10 billion US dollars is the limit.

Ma Yun doesn't think Wang Zixuan will spend a lot of money on this little money.

Since we are not really going to short SoftBank and Yahoo, we are coming for the equity of Alibaba Group.

Of course, Ma Yun hopes that Wang Zixuan is just coming for Alipay.

Wang Zixuan smiled and said, "I don't like Japanese."

Ma Yun's heart skipped a beat and said with a smile: "There are not many people in our country who like Japanese people. Before looking for Masayoshi Son, I found a lot of investments in Silicon Valley, but they were all rejected."

Wang Zixuan picked up the teacup and smiled and said, "I won't go around the circle with you anymore. I want you to help me acquire shares of Alibaba Group held by Yahoo and SoftBank. If the management wants to sell the shares, I am willing to buy them at a high price."

Ma Yun was sweating a little when she heard that Wang Zixuan wanted to acquire the management's shares.

The whole world knows that Wang Zixuan likes sole proprietorships. Whether it is Wang Zi Technology, which is now worth up to US$300 billion, or Wang Zi Holiday, which expands globally, and the evolution media that affects the global entertainment industry, 100% of the shares belong to Wang Zixuan.

Ma Yun has a strong desire to control. Although he has less than 10% of Alibaba's shares, he holds control of Alibaba Group through the board of directors.

Every time he raises funds, he will set limits on voting rights.

Yahoo now holds 39% of Alibaba Group's shares, but only 35% of the voting rights, and only one position on the board of directors. SoftBank also has only one position, while Alibaba has two management teams.

Later, in Alibaba Group's financing, Ma Yun even set shares for the investment fund without voting rights.

According to the original agreement between Yahoo and Alibaba Group, in October this year, Yahoo can have 39% of the voting rights, while the management's voting rights have dropped to 31.7%, and SoftBank's 29.3% stake and voting rights remain unchanged.

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

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

Ma Yun naturally couldn't accept this matter. She has been busy negotiating with Yahoo this year, wanting to buy back Yahoo's shares to avoid losing control of Alibaba Group, but the valuation has not been reached.

For the company's development, although Ma Yun sold most of the shares, it was only temporary. As long as he had money, he would repurchase these shares.

In previous financing agreements, Ma Yun also had terms to repurchase shares. For example, in the agreement with Yahoo, if Yahoo is acquired by other companies, and the control of Alibaba's equity held by Yahoo will change, and Alibaba has the priority repurchase rights for Yahoo's shares.

This is also to prevent Yahoo and SoftBank from falling into the hands of one company.

With the shares scattered in the hands of two companies, Ma Yun can join forces to achieve the goal of controlling Alibaba himself, and then repurchase these shares when he has money in the future.

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

But if all the shares of Yahoo and SoftBank fall into Wang Zixuan's hands, Wang Zixuan will become the company's major shareholder, and hold a 68.3% stake, and he can kick Ma Yun out at any time.

Ma Yun is still thinking about kicking out Yahoo and SoftBank, how could she be willing to be driven out by Wang Zixuan at any time?

Ma Yun shook her head and said, "This year we have been negotiating with Yahoo to buy back Yahoo's shares, but Yahoo is still unwilling to sell its shares in Alibaba Group. Masayoshi Son is even more unwilling to sell it."

Wang Zixuan smiled and said, "One time, Wang Zi Technology has entered the e-commerce field. No one knows whether Taobao will become the next msn, right?"

SN already feels like it’s going down. If it weren’t for the fact that smartphones are not popular yet, msn could have been eliminated directly.

In the past few days, Facebook BoK has also clearly felt the impact of WeChat.

If Ma Yun was still a little confused about the development of WeChat Business before, after Wang Zixuan said that he would acquire shares of SoftBank and Yahoo, Ma Yun knew that WeChat Business could not replace Taobao.
Chapter completed!