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Text Chapter 1177 Possible or Impossible?

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    In the empty living room, Xiao Qi stood up and looked at the tree-covered garden area, unable to tell whether he was happy or excited.

    Originally we were just talking about Weibo¡¯s royalties, but why did it suddenly turn into talking about purchasing shares of Alibaba Group?

    And looking at Cowell, he seems to be very excited!

    As the president of YAHOO Asia, Cowell is not only Yang Zhiyuan¡¯s confidant, but he must also be very capable.

    Because Japan¡¯s YAHOO has been profitable for 10 consecutive years, its market value continues to rise, and it is almost close to its parent company. How can Cowell, who replaces Yang Zhiyuan in this most important overseas stronghold, be an ordinary person?

    However, don¡¯t underestimate the rigid heads of those old die-hards at YAHOO.

    At present, Taobao and Zifubao have not yet made continuous efforts. Although the price of 10 billion US dollars is very high now, it is not without the possibility of fraud.

    In 2008, before the most famous acquisition of YAHOO by Microsoft for US$44.6 billion, Microsoft actually made an offer at the beginning of this year, but YAHOO's decision-makers ultimately rejected it because they felt that the offer was very low and did not meet the requirements.  YAHOO's core values.

    Managers always think about the peak market value of YAHOO in 1999, which was US$130 billion, and believe that YAHOO should be worth at least US$53 billion.

    There is no way, there is no limit to human greed.

    In the acquisition next year that Yang Zhiyuan and a group of management regretted for the rest of their lives, they still insisted on rejecting Microsoft's price of US$44.6 billion. They didn't know until after the financial crisis that YAHOO's market value was only US$12.7 billion.  What stupid thing did you do?

    At that time, Microsoft happily opened the champagne, and Yang Zhiyuan and his group were immediately kicked off the stage by angry shareholders.

    Yang Zhiyuan was also known as the most greedy and stupid chief.

    Later, under the leadership of the female CEO, YAHOO's stock price soared again, reaching the US$40 billion mark at the end of 2013. But anyone who understands will know that YAHOO's ability to stand up again depends on Yang Zhiyuan.  Two investments - 34 shares of YAHOO Japan and the remaining 20 shares of Alibaba Group after selling half to the Alibaba Group management team.

    ? Among them, the market value of YAHOO Japan is 20 billion U.S. dollars, and the IPO valuation of Alibaba Group has soared to about 150 billion U.S. dollars.

    In other words, excluding these two assets, Yahoo¡¯s market value of US$40 billion, its core technology assets and its US assets are almost infinitely equal to 0.

    ??Everyone knows that in addition to Microsoft's strong desire to acquire YAHOO, Alibaba Group also wants to buy back its own shares, but the reason why it is stuck in the middle is Yang Zhiyuan.

    Yang Zhiyuan, who caused the disastrous scene of YAHOO, is still Chinese in his heart. No matter what, as long as it is mine, he will not sell it.

    In the end, there was really no choice. In 2012, YAHOO could only force Yang Zhiyuan to retire. A few months after he left the CEO position, YAHOO announced an agreement with Alibaba Group to sell Yang Zhiyuan for a total price of US$7.1 billion.  He gave up half of the 40 Alibaba Group shares he held, which is 20.

    And Alibaba Group promised that it will IPO before 2106, and before the IPO, YAHOO will also sell the remaining 20 shares.

    According to UBS Group¡¯s predictions in 2011, Alibaba Group, which brings together super giant companies such as Taobao.com, Alibaba, and Zifubao, has a market value of about US$65 billion.

    But by the end of 2013, this number soared to 150 billion US dollars, which can be called a new GOOGLE.

    It is based on the stimulation of these good news that YAHOO's market value continued to soar in 2012 and 2013, reaching 40 billion US dollars.

    ??According to the above price, if Xiao Qi buys the equity of Alibaba Group for US$10 billion in advance, it will definitely be a good thing with huge profits.

    Moreover, now, Taobao.com and Zifubao are far from being the places that will dominate the world in the future.

    The beginning of the financial crisis in 2008 was the time for them to flex their muscles.

    And when Taobao officially starts the Tmall mall business and completes the B2B2C layout, Alibaba Group will officially stand proudly with the trend of crushing.

    Now everyone gives the overall valuation of Alibaba Group. The most optimistic investment bank is only 3 billion to 5 billion US dollars. Xiao Qi directly gave 10 billion US dollars. That is a rich temptation that breaks the bottom line. Absolutely few people can.  Persevere.

    However, the question is whether Yang Zhiyuan is as incompetent as the legend says.

    If he is sure that the valuation of Alibaba Group will reach 30 to 50 billion U.S. dollars, then it is useless for anyone to say this - from YAHOO's market value on that day to about 25 billion U.S. dollars, Microsoft's premium was 60% to 44.6 billion U.S. dollars.The fact that he was able to refuse the acquisition shows just how stubborn this person is.

    Therefore, Xiao Qi really has no confidence in whether he can buy the shares of Alibaba Group.

    Speaking of which, Xiao Qi still admires the online commerce developed by Alibaba Group. If he were not a reincarnated person, then he would not be able to reach even one percent of Ma Yun's - Ma Yun is the real Internet  A genius in operations, in his hands, China's online business truly shines.

    But at the same time, Ma Yun is a very strong person. He is never willing to give up his dominance. If Xiao Qi rashly goes to negotiate and wants to raise funds to invest in Alibaba Group, he will definitely be unwilling and will  Very resistant.

    This is the difference between Eastern and Western cultures.

    In this aspect, he and Yang Zhiyuan are actually almost the same type of people.

    If you were an American, you would definitely calculate your own gains and losses with a smile. If it is cost-effective, you can get more money for development, which is really what you want.

    Then again, Ma Yun and his team of managers only hold 31% of the shares of Alibaba Group. If you want to buy more, you might as well go to YAHOO, which holds 40% of the shares, or SOFTBANK, which holds 29% of the shares.

    All right.

    Yang Zhiyuan is stubborn.

    Ma Yun is stubborn.

    The remaining one, SoftBank¡¯s Sun Zhenyi, is a more stubborn Chinese descendant.

    ¡°It would be extremely difficult to buy shares of Alibaba Group from the three of them.

    In the future, Ma Yun was kicked out of the YAHOO decision-making team because of Yang Zhiyuan, and he finally spent a lot of money to redeem the shares of Alibaba Group under the hands of the Yankees. If it were Yang Zhiyuan, he would rather YAHOO go bankrupt than sell it back to him.  .

    As for the shares held by Sun Zhenyi, Ma Yun has never even thought about it, because it is simply impossible. Sun Zhenyi, an old fox who has been watching Ma Yun grow up, still wants to continue to increase his holdings of Alibaba shares!

    It was only by chance that Xiao Qi considered buying some shares of Alibaba Group. Moreover, it was impossible for him to run the operation himself, so he left it to Ma Yun's team, which could make money for him without having to worry about it.  How great is that?

    He has a B2C online mall in his hands. If this online mall is completed, it will definitely not be worse than Taobao.com. Moreover, the hundreds of thousands of acres of logistics park in the young man's hands will definitely be the best in the world. Even Taobao.com is the best in the world.  Not comparable.

    So, it would definitely be a good thing if it can be done.

    If it doesn¡¯t work out, nothing is lost.

    With the help of the opportunity of reincarnation, Xiao Qi can easily add a lot of wealth to himself, including Taobao.com.

    The result of wanting all the benefits is to exhaust yourself to death.

    Xiao Qi now has enough properties in his hands, making the young man wish he had two of them to handle affairs. If the growth continues like this, is it really necessary to imitate LVMH's Berard or Virgin's Branson?  Same thing, being the boss of more than 100 companies?  (To be continued. Please search Piaotian Literature, the novels will be better and updated faster!)
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