Silicon Valley

Chapter 450 and Taobao as the enemy

A few minutes later, Ma Yun, Sun Zhengyi, and Cai Chongxin came to an elegant and quiet cafe.

After asking the waiter for three cups of coffee, everyone chatted.

After chatting and chatting, the topic came to Taobao. Clearly, both sides intend to steer in this direction. Masayoshi Sun has been talking in clichés, Ma Yun and Cai Chongxin pretended not to know, and revealed everything that was revealed.

"Mr. Ma, it seems that Taobao is really in demand. Not only does Goldman Sachs want to invest in it, but even Prestige Capital has offered extremely favorable conditions."

Sun Zhengyi smiled and said, "Mr. Ma, what do you think of SoftBank Group?"

"What do you mean?" Ma Yun took a sip of coffee and asked knowingly.

"How about SoftBank Group investing in Taobao.com?" Masayoshi Sun said slowly, "SoftBank invested US$4 million in Taobao.com, holding 40% of the shares. SoftBank is only an investor and will not interfere with Taobao.com's operations." After speaking, He stared straight at Ma Yun. After some exchanges, he appreciated Jack Ma's talent. Coupled with the fact that many venture capital companies were rushing to invest in Taobao.com, Sun Zhengyi no longer hesitated and offered a very favorable condition.

But this time, Ma Yun and Cai Chongxin were shocked.

Just to have a cup of coffee, Sun Zhengyi actually spent 4 million US dollars to invest in Taobao. Although there are no superior conditions offered by Weifeng Capital, but the number of shares is small, and the controlling rights of the company are still in the hands of Jack Ma and the management team.

At this time, Masayoshi Son began to demolish Prestige Capital. He said to Ma Yun: "Mr. Ma, you must know who is Prestige Capital. And whose company is Nicholas International E-Commerce. Prestige Capital is obviously uneasy about investing in Taobao.com. Kindness. Even if Taobao develops in the future, it will only be a wedding dress for Nicholas International E-commerce!”

Ma Yun couldn't help but be silent. Sun Zhengyi's words were not wrong at all, and this was what he was worried about. Otherwise, Prestige Capital had offered such favorable conditions, and he would have agreed long ago.

Cai Chongxin whispered, "Mr. Ma, the conditions offered by SoftBank are the most suitable for us!"

Ma Yun nodded, then said to Sun Zhengyi: "Mr. Sun, I agree to your conditions!!!"

Sun Zhengyi suddenly laughed, stretched out his hand and said, "I hope to cooperate happily in the future!"

"Happy cooperation!"

"Well, it's better to hit the sun instead of picking a day. Let's sign the contract today."

Ma Yun hesitated for a while, but still agreed: "Okay, no problem!"

Sun Zhengyi immediately made a phone call and called two lawyers to draw up a contract. Two hours later, in this cafe, Ma Yun and Sun Zhengyi officially signed a financing contract.

Immediately, Masayoshi Son wrote a $4 million check to Jack Ma.

Jack Ma took the cheque a little excitedly. With so much money, Taobao can finally make a big splash.

"Mr. Ma, Taobao is up to you!"

"Don't worry, President Sun!"

...

That afternoon, Jack Ma transferred the money on the check to the company's bank card. I was so excited at night that I couldn't sleep.

Early the next morning, Jack Ma decided to notify several other venture capital firms that he had accepted SoftBank’s investment. Goldman Sachs had nothing to say when they heard SoftBank's conditions.

Zhongguancun, prestige capital.

Rayleigh Kem felt a little angry after receiving the notice from Jack Ma. In his opinion, Ma Yun is simply crossing the river and demolishing the bridge. If it wasn't for the high valuation of Taobao.com from Prestige Capital, how could Jack Ma raise $4 million just by giving up 40%?

Others have signed the contract, and it is useless to say anything.

Subsequently, Rayleigh Combe soon spread the news to the United States. Henry was speechless when he got this news.

The Chinese market is huge, Taobao is rich, and with Jack Ma's ability, it can definitely develop, which undoubtedly adds a powerful opponent to Nicholas International E-commerce.

In his previous life, Henry knew that Jack Ma was a master who was unwilling to be lonely.

Alipay is Ma Yun, who took Yahoo and Softbank on his back, separated them, and finally took them as their own. With this mentality, Jack Ma is completely unsuitable to be a professional manager. Yahoo and SoftBank are not easy to be deceived.

Henry thought about it. Today is different from the past. Although Ma Yun is powerful, he is a bug-like existence.

"Follow the way of others, let others have no way to go!" This is Henry's motto.

In fact, he has been following through on his motto. Over the years, I don’t know how many companies that should have existed in previous life history have disappeared, and people who should have become rich have disappeared. However, this is a different world and a different life now!

Okay, since Jack Ma chose Softbank, Henry will concentrate on developing Nicholas International E-commerce. As long as the service is done well, the product will not be deceived. With the strength of Nicholas International e-commerce, Taobao can't keep up.

The only thing Henry is more worried about is the attitude of the Chinese government, but thinking about it, e-commerce is different from search and social networking, and the Chinese government should not block it. Moreover, once Nicholas International E-commerce becomes bigger and stronger, millions of merchants have to rely on Nicholas International E-commerce to survive. The Chinese government is even less likely to block it.

Now, in the land of China, Henry has deployed express delivery, which will play a huge role in the development of Nicholas' international e-commerce. And the third-party payment system PayPal has become popular in the Chinese e-commerce market. Even Taobao.com uses PayPal now. As for Alipay, there is not even a shadow.

On the Taobao website, merchants can enter for free. In Nicholas International E-Commerce's Amazon, eBay and Alibaba all need to pay a fee. This habit is very normal in Europe and the United States. If you don't charge money, it will be abnormal, and even lead to fewer consumers. Because in the eyes of consumers, if they do not pay, the products of the store are definitely inferior. So, they would rather switch to an e-commerce site.

Due to different national conditions and values, it is a bit unworkable to pay to open an online store in China.

Taobao adheres to the "free" principle, so it develops rapidly.

Henry, as an "experienced person", naturally understands how Taobao defeated eBay back then. So, without even thinking about it, let Nicholas International E-Commerce Company reform, open a store on Amazon (China), eBay (China), Alibaba (China), completely free, and use PayPal to waive the handling fee.

However, as the company grows, the troubles are also great. It can be said that it can affect the whole body.

No, after Nicholas International E-Commerce made reforms on the Chinese side, some stores in other countries were dissatisfied. They complained, why do they give such good conditions to Chinese stores? This is not fair to shops in other countries.

Henry had expected this for a long time. Immediately launched the "Paid Online Store Certification Medal". If you pay, you will have this certification medal, if you like it or not. When they find that the store with the "Paid Online Store Certification Medal" is more worthy of people's trust, and when the sales are higher, they will naturally know how to choose!

(To be continued ~^~)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like