Published at 13th of December 2020 02:10:06 AM
Chapter 1112: 1112
Chapter 1112 – Everyone is smart
Two days later, China’s first Internet Summit ended . Some participants left, and some managed to negotiate cooperation . Some companies even merged or got acquired .
Some participants left with a smile, while some fall out with other participants . A few of them even quarreled there .
Feng Yu remained in the Wind and Rain building to wait for Ma Yun’s reply .
Finally, Ma Yun called Feng Yu . He discussed with his other shareholders and wants to meet Feng Yu to talk about the contract details .
Feng Yu welcomed them and invited them to his office .
Zhong Qingxian, Liu Chuanzhi, Ma Yun, and the company’s CFO . The CFO was the representative of the company that wanted to invest in Ma Yun . But Ma Yun persuaded him to resign and join him .
This person had given up a seven-figure USD annual salary to join Ma Yun . His current salary is only 500 RMB now . This is because Ma Yun’s salary is also 500 RMB now .
Ma Yun had no choice . The company might have a lot of funds, but they have high expenses too . That’s why they had to save every cent they have, and the company can only afford to send only Ma Yun and his CFO to this Summit by train .
Ma Yun’s company only has a Songjiang Olympic and IVECO, and both are second-hand . Most of the time, Ma Yun and his staff had to ride bicycles in Hangzhou, as they cannot afford even a scooter .
“Have a seat . ” Feng Yu sat on the sofa .
Zhong Qingxian and Liu Chuanzhi sat down casually . In contrast, Ma Yun and his CFO sat down cautiously, with half of their butt touching the sofa .
Zhong Qingxian reached over to open a small cabinet beside him . It is a small refrigerator and took out some drinks .
“Old Ma, relax . Manager Feng is not particular about formalities . ” Zhong Qingxian laughed .
Ma Yun picked up a can of Refreshing Cola and took a sip . “Manager Feng, this is my company’s CFO, Cai Zhongxin . He had helped the company a lot . ”
Feng Yu looks at Cai Zhongxin . This is the investment manager Ma Yun recruited?! How come he looks familiar? Feng Yu felt he had seen this person’s picture on the internet in his previous life . Still, they could not remember many details about him .
“Hi . ”
“Good afternoon, Manager Feng . ”
“Old Zhong, Old Liu, why didn’t you inform me that you all had invested in such a good company?” Feng Yu pretended to be angry .
“Manager Feng, you are not in China most of the time . How do we know that you are still interested in investing in China companies?” Liu Chuanzhi laughed .
“I will not miss any opportunity to make money . ” Feng Yu jokingly replied .
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Zhong Qingxian laughed and shook his head . The amount of donation made by Feng Yu every year is more than what many people can spend in a few lifetimes . Yet, Feng Yu sounds like every cent is important to him .
“Stop kidding with us . Manager Feng, do you know Old Liu, and I wanted to increase our stakes in this company after we know you want to invest . But Old Ma said that cooperating with you will make the company more successful . ” Zhong Qingxian replied .
Feng Yu almost vomited blood after hearing what Zhong Qingxian said .
If you all did not invest in Alibaba, I would get more shares!
But this is not a big problem, as long as Feng Yu can get a share . Furthermore, Zhong Qingxian and Liu Chuanzhi are his friends, and it is better than letting Sun Zhengyi invest in Alibaba .
“Indeed . It will be hard for you all to succeed if I am not involved . Our cooperation will be a win-win situation for all parties . ” Feng Yu replied confidently . “Manager Ma, what is your condition for our cooperation?”
“Firstly, we want to be an eCommerce website . But we need the support of the traditional businesses, especially your Tai Hua Supermarket . I hope Tai Hua Supermarket can exchange some shares with Alibaba . Some shares will be fine . ”
Ma Yun wanted to exchange more shares, but Tai Hua Supermarket had grown too big . They have over 200 hypermarkets and almost 300 supermarkets now . They are the top retailer in Asia .
It is an honor for the companies to sell their products in Tai Hua Supermarkets, as it represents their products’ success and quality .
Tai Hua Supermarket Group’s market value is over 2 billion RMB, and some people said it should be worth over 1 billion USD . If Tai Hua Supermarket wants to sell themselves, many overseas supermarket chains will be waving their checks to acquire them .
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Some people claim that the Chinese market is worth half of Europe . Although this is a bit exaggerated, it also shows the importance of the Chinese market .
Feng Yu thought for a while and replied . “No problem . I can agree to this condition . You all can discuss with Li Family’s second master . Old Zhong, have you thought of how to exchange the shares?”
“Yes . But we need to discuss with the Li and Fu families . ”
“Let’s continue . I want to know what other conditions you all have . ”
“We also want to exchange shares with eBay and Amazon . ” Ma Yun continued .
“eBay’s market value is worth more than 1 billion USD . Although Amazon is not listed, it’s potential is not lower than eBay . If you exchange your shares with them, I will become the controlling shareholder of Alibaba . ”
Those companies are worth more than a few hundred times compared to your company . They can use less than 1% of their shares to exchange for more than half of your company’s share . How are you going to exchange it?
Ma Yun and Zhong Qingxian exchanged looks and asked . “I remembered you do not have shares in eBay . It’s your friend that owns eBay shares, right?”
“That’s right . It’s my close friend from Russia . Kirilenko . Old Zhong and Old Liu also know him . ”
Zhong Qingxian and Liu Chuanzhi exchanged looks . It’s really Russia’s top billionaire .
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“Then I hope we can exchange shares with these two companies after Alibaba is developed . But it will be safer if you can own some of eBay’s shares now . ”
“No problem . Exchanging shares in the future is also part of my plan . As for the eBay shares, you all don’t need to worry . Most of Brother Ki’s investments are my suggestion . If I want to exchange shares with him, he will not refuse!” Feng Yu is very confident about this .
“Alright . Manager Feng, you will invest a sum of money for some of the company’s shares . I hope you can invest 10 million USD for 25% of the shares . ”
Feng Yu made a mental calculation . This price is slightly high, but it’s fine . 10 million USD investment will get him a few billion USD in the future . This is still a great deal .
“No problem! I agree . ”
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