William looked ashen. He thought Son would support him, but he didn't expect to be abandoned by SoftBank's father and find a new owner for Tokopedia.

"William, don't be discouraged. Mr. Zhang Yida has very rich experience in fighting Ari and Penguin, and he will help you.

This is also a great thing for Tokopedia and our shareholders."

William didn't even listen carefully to what Son Zhengyi said next.

But I am wondering, how many shareholders participated in this "rebellion"?

He looked at Zhang Yida and asked: "Is this your ultimate goal? To drive me out of the company I founded?"

Zhang Yida shook his head, "You continue to be your CEO, Ruixiang will only hold the controlling stake and will not interfere in daily operations.

We all have a common goal, to make the cake bigger and defeat Shopee and Lazada.

Before this goal is achieved, any internal strife will be foolish."

William didn't believe it. He felt that this matter was not that simple. Once Ruixiang controlled the company, how could he always be in power?

"It's up to you, believe it or not, among all our shareholders, who do you think knows the company and its business better than you?

Shareholders are not stupid and will choose the best solution. Besides, what qualifications does a company with a value of 5 billion US dollars have for me to make such a big move?"

After being mocked by Zhang Yida, William remembered that the combined valuation of Ruixiang and Zhonghe was nearly US$150 billion.

If you think about it carefully, it seems to make sense. I really don't like the junk stuff in my company.

The doubt in William's eyes gradually disappeared, and he asked: "In that case, why do you have to insist on holding shares?"

"Penguin holds nearly 40% of Sea's shares and Ahri holds 83% of Lazada's shares. Can Ruixiang be weaker than them?

This is not a matter of face, it is a matter of valuation, market confidence, and story concept."

William understood now, and at the same time he felt sad.

Tokopedia, Lazada and Sea Group are already considered the largest Internet companies in Southeast Asia, but they are only used as pawns by Chinese Internet giants.

The boss is chatting and laughing, but he and others have become tools for Chinese giants to hunt Southeast Asia!

No matter how aggrieved he felt, he could only endure it. SoftBank had already taken refuge with Zhang Yida, and other shareholders, such as Black Shirt Capital, should be no exception.

After 8 rounds of financing, his shareholding ratio has dropped below 5%. Even for AB shares, his voting rights are less than 50%.

When it comes to emerging markets, venture capital has always had bad intentions, just like what happened to Ahri and Penguin in the past. Many of them won 30% or 40% of the shares in one round of financing.

Therefore, if William insists on fighting, he can still make some noise, but his own interests will also be harmed.

After receiving Zhang Yida's assurance that he could continue to run the company as CEO, William chose to compromise.

An egoist knows what is best for himself.

Zhang Yida was also helpless and had to play tricks on himself to cause trouble.

He will not replace William for the time being. The main reason is that he will soon start a war with other e-commerce platforms, so it is not appropriate to cause too much turmoil.
Chapter completed!