Shenhao started as a military training anchor

After leaving the country, these entrepreneurial leaders and investors put their wits aside, and there were no heated exchanges of opinions at the forum in the afternoon.

They are all catering to each other and cheering each other up.

A bit boring.

However, Hawley still sat at the end. After the summit, he moved to tonight's dinner with several officials present today.

The Prime Minister of the Cabinet will personally receive the guests, showing the sincerity of the Singapore government.

Singapore has a cabinet system. The president has no real power, and the prime minister exercises administrative power on behalf of the parliament. Therefore, the prime minister is the top leader of Singapore.

At the banquet, the Prime Minister expressed welcome and thanks.

Take your wife with you to toast at the table.

His wife is the CEO of Temasek, another sovereign investment institution in Singapore.

Therefore, it makes sense to regard Temasek as an asset of the Lee family.

Temasek is an angel investor in Grab. If Holly wants to acquire Grab, he must first look at Temasek’s attitude.

When he arrived at his table.

Holly took the initiative to propose a toast, introduce himself, and show his courtesy.

The Prime Minister of the Cabinet said: "Holly, I have heard your name. You are a very powerful young entrepreneur. You are welcome to attend today's financial summit."

The wife said: "Mr. Huo, nice to meet you."

Holly smiled and said, "Mr. He, this is the first time we meet, please take care of me."

It looks familiar.

Temasek has a high reputation in China. It can be seen in the equity structures of Alibaba, Tencent, ByteDance... these Internet companies.

Direct shareholding or indirect shareholding.

The Lee family in Singapore is not only a politician, but also a well-known financial group in the world.

Holly did not interrupt the couple and continued to toast.

Instead, he went to Zhang Lei’s table.

It just so happened that Grab’s founder and CEO Chen Bingyao was also there.

As soon as he sat down, Zhang Lei introduced Chen Bingyao, "Mr. Huo, the leader of domestic young entrepreneurs."

Chen Bing raised a toast to Holly: "I don't know how many times I have heard Mr. Huo's name, it's like thunder in my ears.

Mr. Huo, please give me some advice. "

Of course he knew Holly, it was just the first time he met him today.

For Yisu Travel to enter the Southeast Asian market, Grab must overcome this big mountain.

In the game of the Thai market, Grab is at a disadvantage and has a tendency to lose ground.

Apart from Indonesia and Malaysia, Thailand is the largest market for online ride-hailing. If the Thai market is lost, Grab's status as an Internet giant in Southeast Asia will be shaken.

Today, facing his opponent Holly, who is also an outstanding young entrepreneur, I feel a lot of emotions.

On the one hand, I admire Holly for making such great achievements at this age and admire this opponent very much.

On the other hand, he was worried that he would be at a disadvantage in the game with Holly.

The super-rich second-generation status that he is proud of and the capital behind Grab may lose their effectiveness in this game.

Being able to quickly deploy the online ride-hailing market and take Grab all the way is an important factor that cannot be ignored.

His family is a well-known car manufacturer in Malaysia, and his family and family connections have greatly helped Grab's transportation capacity.

Including subsequent investments by major Japanese car companies, family connections were also used.

But Holly's personal financial resources and connections in China are much stronger than their family's.

You must know that Southeast Asia is also an important export market for Chinese automobiles.

Coupled with Yisu's two unique modes, Grab has lost its capacity advantage.

Looking at the capital market, Temasek, the angel investor behind Grab, and major shareholders Hillhouse Capital, CDH Capital, GGV Capital, including SoftBank, Tiger Management, etc., also covet the big cake of Yisu.

It's just that Holly didn't nod.

As long as Yisu needs it, these capitals will compete to enter the market.

The two companies are likely to start a financing competition in the Southeast Asian market, with you attacking and me defending.

The best result is to make the cake bigger and each person can eat a little bit.

The worst outcome may be that Grab is suspended from trading in the US stock market and merges with Yisu with the help of capital. As Grab CEO Chen Bingyao really doesn’t want to fight this battle.

In order to survive the dispute between Didi and Uber, he took the initiative to accept investment from the two companies and released his shares to the two companies.

Didi and Uber gave up their direct sales model in Southeast Asia and switched to investment.

Now there is another strong opponent, how to deal with it?

With just one glass of wine, countless possible scenarios flashed through Chen Bingyao's mind.

But he still underestimated Hawley's ambitions. Hawley was no longer here for the merger, but to acquire Grab.

Yisu's current valuation is twice that of Grab's market capitalization, and with further penetration into domestic and international markets, the valuation will rise.

If it can successfully acquire Grab and complete its controlling stake, it will be a sure thing that Yisu's valuation exceeds that of Didi, and it will become the first stock in the online ride-hailing market.

Holly smiled and said to Chen Bingyao: "Mr. Chen has been rooted in Southeast Asia for many years. I would like to ask Mr. Chen to show his respect."

"I hope there will be a win-win situation. I look forward to in-depth cooperation with Mr. Huo."

"Learn from Mr. Chen."

"Learn from Mr. Huo."

The two complimented each other on business.

Chen Bingyao sat for a while and then took the initiative to propose a toast. Many of his investors were present today.

Holly pretended to ask Zhang Lei for advice, "Mr. Zhang, based on your years of investment experience, what are the chances of Yisu winning Grab?"

Zhang Lei smiled and said: "One Thai market cannot explain the problem.

If Mr. Huo wants to win, the key lies in the Indonesian market. Indonesia is the most populous country in Southeast Asia. The most important reason why Grab was able to secure the leading position in the Southeast Asian ride-hailing market was that Grab acquired Gojek, the local ride-hailing giant in Indonesia.

This merger was also completed with the help of multiple capital sources and involved a huge amount.

Next, let’s see how Mr. Huo plans his business in Indonesia. "

Holly said: “Didi and Uber have already failed in Indonesia. Facts have proved that the subsidy competition model does not work.

Why don't we change our thinking to solve the problem? "

Zhang Lei frowned slightly.

Guessed: "Do you want to acquire Grab through capital operation?"

Holly smiled and said, "We still need Mr. Zhang's support."

Zhang Lei didn't expect that Holly paid this attention.

With Grab's current market value, if Holly wants to take control of the company, the size of the acquisition may exceed 50 billion.

Even if the acquisition method is to exchange shares, Hawley will have to invest at least 20 to 30 billion in funds while ensuring the stability of Yisu Travel's equity structure.

Even in China, there have been no Internet acquisition cases of this scale in recent years.

It is quite common during the BAT hegemony period.

Once completed, it will be the largest acquisition in the Southeast Asian Internet market.

It is a great test of Hawley's personal financial strength and ability to leverage the capital market.

As one of the investors of Easy Travel, Hillhouse Capital, Zhang Lei is a little excited about Holly’s idea.

High risk, high reward.

Hillhouse Capital was also one of the biggest beneficiaries in arranging Hawley to complete the acquisition.

Zhang Lei said: "Mr. Huo has taken too big a step."

It's a kind reminder.

Holly smiled and said: "I've eaten hundreds of billions of Dior China, and tens of billions of Grabs, what do I have to worry about?"

Zhang Lei smiled, it was the Holly he knew.

Clinking glasses with Holly, "Mr. Huo, work step by step, you can't achieve it overnight."

Holly said: "Mr. Zhang now lives in Singapore and provides me with advice."

It means asking him to deal with Temasek, SoftBank... these capital parties in the name of Hillhouse Capital.

Zhang Lei said: "This is what you should do as an investor."

Holly finally said with a smile: "I hope you will come back to China with good news, and we will have a good sentimental wine in the capital." (End of Chapter)