Chapter 490 Hunting Southeast Asia(1/2)
"Control!"
Zhang Yida looked at Li Jie with a smile and uttered three words.
Li Jie didn't make a fuss or look ugly.
Before he came, his good brother Huang Xing helped him guess the outcome.
Compared to exiting through acquisition, the conditions for holding a holding are much better.
But after becoming a subsidiary of Zhonghe or Ruixiang, there will be a father on the head, and his authority and voice in the company will undoubtedly be weakened a lot.
It is even possible that after being used, you will be kicked out and leave the company you founded.
Zhang Yida's request for a controlling stake was obviously to keep logistics in his hands.
He will definitely not agree with AB shares.
After thinking about it, Li Jie asked tentatively: "Are AB shares acceptable?"
Zhang Yida smiled and shook his head, "Logistics is too important and affects the life or death of an e-commerce platform that spans most of Asia."
"Most of Asia?"
Li Jie realized something and understood that this was the big pie thrown by Zhang Yida. Southeast Asia, South Asia, plus China, isn't it more than half of Asia?
As for Central Asia and West Asia, one has a small population and the other can open a second-hand AK47 e-commerce platform, so they are not suitable for business development.
If J&T Express can embrace this thick leg, its development can indeed reach a higher level.
Not to mention becoming the next FedEx, compared with the current tailwind, there is still hope.
"Then Mr. Li and Mr. Weng..." Li Jie moved his eyes to the two people who were silent on the side.
"Guosen Group is interested in investing in J&T Express Company, including the new e-commerce platform that will be established soon."
Weng Junmin smiled and said, "My old father-in-law means the same thing. Even though he is old, he is very concerned about the new economy.
If it hadn't been for investing in the Ruixiang Phase III Industrial Fund and seeing the shocking loss figures of RPay and GrabPay, Lippo Group might have built an e-wallet to test the waters."
Li Wenzheng smiled and said: "We have to keep pace with the times. The career of Jack Ma has inspired me a lot. I firmly believe that technology will lead the reform of all traditional economies.
Whether it’s an e-commerce platform or a courier company, we only hold 5% of the shares and regard it as a long-term investment.”
Weng Junmin took over what his father-in-law said: "Yes, Lippo and Guosen Group will protect the business of e-commerce platforms and express delivery companies in Indonesia.
As for professional matters and operational matters, you two, Mr. Zhang and Mr. Li, will be in charge.
We are all laymen, and since we don’t understand, we won’t blindly give instructions to experts.”
Li Jie understood that Zhang Yidala got these two local gangsters on the bus just to form an alliance. After all, they were in a foreign country and they were afraid of some problems.
Li Jie took a deep look at Zhang Yida and sighed to himself: What a good idea! It is estimated that Pinduoduo will also form some cooperation with this e-commerce platform based in Southeast Asia.
J&T Express is responsible for the task of transport team leader, bringing seafood and tropical fruits from Southeast Asia to China, and bringing products made in China back to Southeast Asia for exchange of goods.
In addition, J&T Express's entry into China will also make up for a major shortcoming in Zhonghe Group's e-commerce business.
Zhang Yida added: "We are discussing a shareholding cooperation with an express delivery company in China. After J&T Express enters the country, we can form complementary businesses with them."
Zhang Yida didn't say it clearly, and Li Jie didn't ask which express company it was, so he guessed it wouldn't go beyond the seven major private listed express companies.
"Mr. Zhang, can I think about it? We also need to negotiate with shareholders such as OPPO and Blackshirt Capital."
Zhang Yida nodded, "Of course, but don't make us wait too long. If we wait too long, I will follow Brother Dong's example and drive a three-wheeler to deliver express delivery."
This sentence was full of threats, but Li Jie was not angry, knowing that the other party was flexing his muscles.
Zhonghe Group has the conditions to operate its own logistics, and it will not be difficult for Pak and Tokopedia to terminate their cooperation with J&T Express.
The rise of modern express delivery companies relies on e-commerce and is also subject to e-commerce platforms. This is why one domestic express delivery company after another has invested in Ali.
If you don't listen to Ali's father, I will teach you how to be a good person every minute.
After Li Jie said goodbye and left, Zhang Yida chatted with Weng Junmin and Li Wenzheng for a while.
"Yida, do you think J&T Express will agree to our conditions?"
Qian Wenzheng glanced sideways at his son-in-law, "Even at such an old age, he still has such a lack of eyesight."
Weng Junmin was not angry and asked with a smile: "Dad, tell me, what did you see?"
"This Li Jie should be a very ambitious person. It is not difficult to choose between 100% of 1 yuan and 10% of 100 yuan."
Weng Junmin's face was full of smiles, "What if he is not good at math?"
"People who are not good at mathematics cannot have the career they have today."
"All right!"
Weng Junmin was defeated in front of his father-in-law, and turned to look at Zhang Yida, "Yida, can you tell me your point of view?"
Zhang Yida smiled and replied: "My point of view is that it doesn't matter whether he agrees or not. If he doesn't agree, I will naturally have a backup plan."
Weng Junmin asked: "Do it from scratch?"
Zhang Yida replied: "Yes, but this is too time-consuming and the gain outweighs the loss."
Weng Junmin nodded, he naturally understood that time is more important than everything.
…
Tokopedia is an Indonesian C2C e-commerce platform. On this basis, it has been developing more businesses in recent years. It can not only provide users with mobile phone recharge, bill payment, coupons for nearby restaurants and other services.
At the same time, like China's Taobao, it also sells plane and train tickets, as well as tickets to tourist attractions and other activities to users, constantly eroding the market share that originally belonged to online travel platforms such as Traveloka.
For this reason, Fili Yunadi, another shareholder of RPay and the CEO of Traveloka, an Indonesian company invested by Ruixiang, has made several small reports to Zhang Yida.
If it weren't for Zhang Yida's good coordination and the growing strength of Ruixiang and Zhonghe, RPay's shareholder alliance might have fallen apart long ago.
At this time, Zhang Yida was in Tokopedia's office, communicating with their ambitious CEO William.
William's brows almost knitted together. His big banker, Yida, had posed a big problem for him.
"Mr. Zhang, please give me another year. I will definitely be able to defeat pak and dominate the Indonesian e-commerce market."
In order not to merge with his opponent, William is making a final save.
Zhang Yida is very puzzled as to why these startup companies in Southeast Asia are so resistant to mergers?
GoJek and Grab are two weirdos like this. As the two largest unicorn companies in Southeast Asia, they have been fighting each other for a long time. Their combined valuation may exceed US$20 billion.
Moreover, since we have no rivals in the Southeast Asian travel market, we can also devote our energy to food delivery, finance and other businesses.
"William, I have given you almost three years. Not only did Pak not die, but he became stronger and stronger.
Shopee and Lazada have come to compete in your basic Indonesian market.
Behind Shopee is Sea Group, and Sea’s major shareholder is Penguin, which has a market value of HK$4 trillion.
Behind Lazada is Ali, which has a market value of US$500 billion. Currently, Ali has invested more than US$4 billion in Lazada.
At this time, if you are still fighting with pak to death instead of uniting and facing the outside world, the outcome waiting for you will be that everyone will be defeated."
William knew that Yimin Internet Finance, a listed company controlled by Zhang Yida, was a shareholder of pak, so he joked: "Mr. Zhang, is it that pak can't hold on anymore and asked you to come over and send a message that they want to surrender?"
Zhang Yida knew that this man was like this, but he had no time to joke with him now. He said with a very serious expression: "Do you understand the situation you and the company are in now? Strong enemies are everywhere. If you are not careful, you will lose everything."
William also put away his playful smile, his eyes became sharp, and he said seriously: "I can agree to the merger, but the control of the company must be in my hands."
Zhang Yida looked at him without showing any signs of weakness and said: "This is impossible, Ruixiang must control it!"
William spread his hands and said with an indifferent expression, "Mr. Zhang, you don't look like a good investment partner now, you look a bit like the barbarian at the door."
Zhang Yida knew where his confidence came from, and sneered: "Do you want to call Mr. Son Zhengyi? You can call now."
Seeing Zhang Yida's confident look, William didn't believe in evil, so he took out his mobile phone and actually dialed Son Zhengyi's number.
"Hello, Mr. Sun, I am William Tanuviaya from Tokopedia Company."
Son Zhengyi took the phone from his assistant, smiled and chatted with William.
William smiled at Zhang Yida and deliberately turned on the speakerphone.
Zhang Yida stood aside and watched William's showmanship.
"Mr. Masayoshi Son, it's like this. In view of the current tense situation in the Southeast Asian e-commerce market, Mr. Zhang Yida wants to promote the merger of Tokopedia and pak, and also wants Ruixiang to control Tokopedia.
I want to hear your opinion!"
SoftBank has invested in Tokopedia in several rounds, investing US$1.1 billion in last year’s G round of financing alone. Masayoshi Son is naturally on board.
Before the showdown with William, Zhang Yida had already reached a consensus with Sun Zhengyi.
What is the consensus? Yurui has always controlled Tokopedia, and then opened up the domestic Zhonghe e-commerce system to develop efforts in cross-border e-commerce, logistics and other aspects.
This is not to say that SoftBank doesn't love Ahri anymore. It's just that it's afraid that something will go wrong with Ahri, so it wants to buy insurance from Zhang Yida.
No matter how the domestic e-commerce situation changes in the future, SoftBank will be the winner, unless Goudong provokes Ahri and fights against Duoduo and Duoduo.
"I agree with Mr. Zhang Yida's approach. Currently, both Ali and Penguin have entered the Southeast Asian e-commerce market. This is a hunt among giants.
To win this fiercely competitive war, we should unite our forces."
Zhang Yida looked out the window, not looking at William who looked disappointed.
To be continued...