April 8th.

On that day, Alibaba held a Baobao Financing Reception in Lin'an.

Compared with Weibo financing, Dabao financing attracts more attention.

It’s not that the value of Tabao must be higher than Weibo. The key is that this is the first time Alibaba has taken Tabao out to raise funds separately.

And it was Alibaba Group’s first financing after its delisting.

In 2005, Alibaba found Yahoo in order to develop Baobao and compete with EBay, and raised $1 billion in financing.

However, at that time, the entire Alibaba Group was mainly used for financing, and that financing was taken away by Yahoo 39% of the group's equity.

Although Alibaba incubated Taobao and Alipay with this money, it also led to Yahoo's current power. In addition, Alibaba is not very concerned about Yahoo's business in China, and now there are many conflicts between the two sides.

Ma Yun can no longer make the decision on Alibaba Group's rights.

The reason why I chose to raise the treasure treasure alone this time is probably to prevent the tail of the money from falling.

In addition to these factors, another point is that Tabao is the only two-platform that chooses financing in recent years.

Of course, the actual situation is that after the 2 platforms of Taobao became bigger, almost no one had much room for survival. There was a Papa before, but Papa was backed by Teng Xun, so there was no need to raise funds.

As the online shopping market continues to expand, platforms like Taobao that occupy 80%2 market share are well-deserved overlords.

Some small and medium-sized 2 platforms, including b2 platforms, are staring at the financing of TAO Bao.

Like Li Dong’s idea, they also want to see what e-commerce platform exists in the eyes of investors?

How popular is it?

Are capital institutions optimistic about the prospects of the online shopping market?

Compared with vision and experience, it has to be said that capital institutions have many talents, and some investment managers have even more accurate vision than the bosses of some large groups.

Being able to gain recognition from most capital institutions means that there is definitely a prospect for the project.

Therefore, the Baobao Financing Reception on the 8th attracted a lot of attention.

In addition to treasure, there is another thing that makes everyone look at it.

The internal strife of Alibaba has been known to many people before.

At this financing reception, Alibaba is likely to announce some news to the public and clear out some small shareholders, even Yahoo, the major shareholder, who may be in the clearance.

In fact, before Alibaba went public in Xiangjiang in 2007, Alibaba had cleared out a large number of small and medium-sized vs.

There are very few small shareholders left now. After the privatization was completed, according to the news announced by Alibaba, Yahoo is the largest shareholder and currently holds 39% of Alibaba's total shares.

Ma Yun and his team hold 32% of the shares.

The third largest shareholder is SoftBank, which holds 27% of the shares.

The three parties hold a total of 98% of the shares, but in fact they are truly out of stocks. The shares held by other capital institutions are almost invisible, accounting for only 2% of Alibaba's equity.

Logically speaking, Ma Yun, his team and SoftBank combined have a shareholding ratio of up to 59%, and there is no dispute over controlling stake.

But capital institutions are always capital institutions, and the world is prosperous for profit.

Although Alibaba's performance has been growing in the past two years, it is not as dominant as before, with a thriving prospect. You can see the future with the naked eye and have high returns.

Now, although some of Alibaba's businesses are good, they always feel in crisis.

Especially the impact of Tabao and Alipay, facing the impact of Wankatong and Wanjia.com, it makes people feel that there are many crises.

Under this circumstance, although SoftBank did not directly oppose some of Ma Yun's decisions, it did not speak out. Instead, it watched Ma Yun's team fight with Yahoo, with many waiting and watching mentality.

Perhaps, SoftBank did not show so calmly at this time, and no longer trusted Ma Yun as much as before.

This is the reason why Alibaba has been in constant internal strife. Ma Yun should have seen all these things, so he needs the opportunity to help and prove himself now.

Yahoo and SoftBank, at least he can get support from one side to continue to lead Alibaba.

In Li Dong's opinion, the choice to raise funds is not just to raise money to compete with Wanjia.com, but more likely it is to attract a group of allies.

...

Lin'an.

On the banks of Xizi Lake.

A Maybach stopped slowly.

Li Dong opened the car window, looked at the West Lake from a distance, and chanted softly: "If you want to compare West Lake with West Lake, it is always appropriate to apply light makeup and heavy makeup. Compared to Pingchuan, Lin'an has a little more flavor because of the existence of West Lake."

Bai Su, who was sitting beside him, smiled and said, "In fact, there are many beautiful scenery in Pingchuan..."

"I don't envy Ma Yun, the lover has a good time. Besides, how can we really have the intention to see the scenery?"

Li Dong laughed at himself, no matter how beautiful the scenery is, will they have the opportunity to see it?

West Lake is just under Ma Yun’s nose. How many days can he watch it all year round?

Even if I chose to hold a financing party on the shore of Xizi Lake, I still hid in the hotel. Who really came here for sightseeing?

In this world, the bigger the career, the busier it is. In the end, maybe they don’t know what to do, maybe they are for their ideals, maybe they are really lost in it and forget their original intentions.

Of course, it is a more likely habit.

When being busy becomes a habit, it is difficult for you to stop.

Once you stop, you will be at a loss and become uneasy, as if your life is missing.

Li Dong is actually developing in this direction now.

Although he kept saying that I wanted to rest, I wanted to retire early, I wanted to travel around the world...

However, if he really stopped, he would definitely not be able to adapt at the beginning.

Unless you have been accustomed to a leisurely life after a while, you may be able to let go.

After sighing, Li Dong asked, "When is the financing reception held?"

“Starting at 6 pm, in the banquet hall of Shangri-La Hotel.”

Bai Su replied, looked at the time and said, "It's only 2 o'clock now. Mr. Li, are we going to the hotel now?"

"If you don't go to the hotel, you have a lot of people. I'm going now, how can I surprise Lao Ma?

Drive and take a walk, find a place to have a cup of coffee.”

After Li Dong said that, Bai Su and Tan Yong were speechless. Do you really think that others don’t know about you?

If you have the ability, don’t drive your own car. If you change to a more low-key one, that’s about the same thing.

Who doesn’t know your Li Dong’s car?

Now driving around the banks of Xizi Lake, there are so many people, so the news has probably been spread.

...

Bai Su and Tan Yong slandered each other.

Alibaba headquarters.

Ma Yun looked a little annoyed and frowned and said, "What are this guy doing?"

Shortly after Li Dong arrived in Lin'an, he received the news.

That guy, now there are people watching him wherever he goes, how could he act in secret?

Besides, he didn't seem to have any thoughts to hide his mind, and he drove his Maybach openly around West Lake. At this time, it was probably not only him, but also the municipal government should have received the news.

Even though Ma Yun was angry, he didn't continue to complain, but just reminded him: "It's best if he doesn't come to the evening party. If he comes, he won't be allowed to enter!

He said hello to the security guard in advance, and the possibility of him not coming was almost zero.

I'm sure he came to the cocktail party just to raise money!"

Lu Zhaoxi, who was beside him, frowned slightly and said, "Isn't it suitable?"

Li Dong is not an ordinary person. It would be fine if he didn't come. If he came, even if he didn't have an invitation letter and didn't give him an entrance, it would be a slap in the face.

Ma Yun said angrily: "Last time I went to Pingchuan, do you know how he treated me and Ma Huateng?

I didn't even go in the cafeteria, and the cold wind was blowing outside.

What’s wrong with being toothed for tooth?”

Cai Chongxin, who was sitting opposite him, said hilariously: "Don't be angry, he may not be here to make trouble.

After all, it has reached this point. If we really want to make trouble, why should we worry about him?

He should have his purpose, just don't know if it's to find out the news or..."

When it comes to inquiries about the news, Cai Chongxin himself shook his head.

Li Dong has reached this point and if he still has to find out the news by himself, he will be in a miserable way.

Peng Lei, who was not far away, responded: "I guess it may be related to Internet finance. Didn't we make an appointment to launch a virtual currency fund together in May?

I think it might be for this.”

Peng Lei took over the position of eO on Alipay not long ago, and she is now preparing for the issuance of virtual currency funds, so she naturally thought about it a little more.
To be continued...