Look at Tang Qing.

Ma Yun is a bit speechless for a while.

Come on.

Talk directly about the bottom line.

It's a bit fast indeed. If general business negotiations were to be conducted, he would be skillful and eloquent. But when it comes to Alibaba's equity issues, which are related to Alibaba's future, he has to be careful.

Think back to Tang Qing's desire for control.

"Mr. Tang, do you have any arrangements for Xiaoxiao?" Ma Yun asked carefully.

Tang Qing smiles.

"Of course, you also see that small, its diversified content expansion, coupled with the arrival of mobile Internet, you can see a small part of the future, how can I not see it?"

"Ali, now it's just a platform company, small, now it's just an enterprise management software, but no matter you or me, we have our own arrangements for the future of the two companies."

"To be honest, Xiaoxiao and Ali are now in a competitive situation. I admit that, however, I'm not aiming at you. I just feel that I want to do the same thing."

"Just like your confidence in Ali, my confidence in a small company is also huge. In my opinion, in the future, it will be a company no worse than Ali, and it will also do meaningful business activities."

When it comes to that.

Ma Yun understands.

This negotiation.

Maybe it will come to an end. According to Tang Qing, it's no worse than Ali, so this acquisition is almost impossible unless... I'm crazy.

Looking at the young Tang Qing.

Ma Yun suddenly felt that, young, there is really infinite possibility, crazy, why not, others, he may think it is arrogant, but Tang Qing can achieve such a family business, every step is very stable.

It's not going to be a man of words.

"Mr. Tang, can I hear your little future?" Ma Yun suddenly looks at Tang Qing seriously.

"It's a trade secret."

"It makes me reassess the small value."

Tang Qing looks at Ma Yun.

"Good."

With permission, Ma Yun sat up straight.

"Xiaoxiao is an enterprise management software. Just like Tianyan is an enterprise service company, its positioning will not change. On this basis, I redefine Xiaoxiao as: data service company."

"Data services company?" Ma Yun is shocked.

This idea.

It's not so much ahead of time. Foreign countries have been doing it all the time. Alibaba has already got a prototype in this respect. He has also thought about Alibaba's future. One of them is to take the road of data service.

And e-commerce platform is the entrance of data.

Tang Qing nods.

This is not a new concept.

Ali.

In the future, we will certainly follow this path. The ability of deep data mining is the core of Alibaba. Any Taobao tmall is the entry of data. Alibaba is essentially a data company.

"Yes, in the future, Xiaoxiao will provide data support and services for global enterprises, not limited to the so-called general economic, financial, life and trade data. As long as it is the demand of data, we can meet it."

Here.

It's also different from Ali.

Tang Qing's position on small is more extensive, which is the ultimate goal.

Listen to this.

Ma Yun is silent again.

Tang Qing's ambition is really big, bigger than his future positioning of Ali. However, it also shows that his road is right. Unfortunately, there is a strong opponent.

An immortal opponent.

If so.

Ali will pay a huge price if he wants to change his controlling right. However, Ma Yun is hesitant about the price and the life and death competition, because Tang Qing is a local company.

Where's Ali?

He owns less than 10% of the shares.

Most of the other shares are in the hands of foreign investors. The island soft bank and Yahoo together directly control more than 50% of Ali's shares. To be honest, Ma Yun is also very uncomfortable.

But.

That's what financing is all about.

We have to pay a real share to make Ali and Xiaoxiao fight each other in the future. Ma Yun dare not think about it, because with Tang Qing's ability to be a demon, Ali's victory is only five to five.

"I don't know if Tang would like to be an independent shareholder of Alibaba." Ma Yun said.

"Do you have shareholders willing to sell shares?" Tang Qing pretends to be strange.

"Yahoo, which is short of capital turnover now, may sell some shares, and small, I can persuade the board of directors to carry out a one to two share swap, the swap equity will not be less than 15% of Ali's, but, on the premise that you will not give up it."

Ma Yun looks at Tang Qing.

What he's most afraid of.

After the cooperation, Tang Qing started a new career. In terms of Tang Qing's character, he found that he would do his best in any industry. This is the reason why he was prepared to go crazy.

"Ha ha, it's interesting." Tang Qing said with a smile.

This is the rhythm that Ma Yun wants to fight.

In order not to fight hard, but also to reduce the number of non foreign shares in the company, I intend to pull him in. Although it seems that I may suffer a small loss, it's not bad to get the chance to invest in Ali.

"I agree. To be honest, the only thing I have against Ali is that those foreign shareholders and Chinese enterprises should be in the hands of Chinese people." Tang Qing added in his heart: even if he goes to the world, he must master it in the hands of Chinese people.

"There's no way. Ali's operation is very expensive. Domestic investors are not only unprofessional, but also take care of this and that. They have to pay slowly. They can only attract foreign capital." Ma Yun said helplessly.

Tang Qing nods.

Why do many Internet companies like to seek foreign financing.

There is no reason.

The investment strategy of the Chinese people is very simple. When I invest, I have the right to decide. I can intervene in the operation of the company and plug some people in. Moreover, my own resources and management ability are weak, unless my brain is funny.

Otherwise.

Choose one of the two.

Anyone can choose foreign capital. Chinese like to control and pursue reporting rate abroad, which is a direct source of conflict with the founder team. Therefore, companies like Alibaba do not seek foreign capital for financing.

This time.

If Tang Qing's industries were not almost involved in foreign countries, no matter management or capital, they were all in line with international standards, and there was no gap in terms of concept, otherwise, Ma Yun would not have put forward such conditions.

"President Ma, I wish us a happy cooperation." Tang Qing reaches out.

"For Yahoo, I'll try to persuade Alibaba to go public in Xiangjiang at the end of the year. It will definitely sell at a premium. I don't know how many shares Tang can always take." Ma Yun asked.

These two months.

Yahoo was beaten by ERV on the ground. It really needs money to return some blood. Because there is no Yahoo among the shareholders of ERV, it is particularly hard to beat up, and he can't see it any more.

He was targeted by ERV, a fierce animal.

Ma Yun can only silence for Yahoo.

"I can eat as much as you can persuade me."

Tang Qing is good at money. Yahoo! Is a declining company. After the market value of ERV stabilized at $600 billion, warrior directly borrowed $60 billion to expand its business.

With its strong user base and technology.

Yahoo.

It's just a stepping stone.

This kind of Internet company, which has almost no "characteristics", failed very quickly. Now its share price is cut back directly. If Yahoo didn't buy back its shares, it might fall out of the sky.

The financial crisis has not yet come.

He was beaten black and blue.

It's not that Tang Qing wants to target Yahoo, but it's mainly bullying. Unlike Google and apple, they are the shareholders of ERV. If they start, ERV won't be so ruthless, but will gradually nibble away.

Now Yahoo's shareholders are considering whether to sell themselves to stop loss.

So.

Yahoo now.

It is in urgent need of funds, and Alibaba's shares are not available to anyone who Yahoo wants to sell, so Ma Yun has to agree. Because he is the chairman of Alibaba's board of directors, with Ma Yun's support, the acquisition should not be a big problem.

I talked with Tang Qing for a while.

Ma Yun left satisfied.

To introduce Tang Qing as an investor, he thought it would be an opportunity for Ali.