Winning the new financial era

Chapter 200 Overseas expansion

Chapter 200 Overseas expansion
The VAM proposed by Zhang Yida undoubtedly scratched the itch of the heads of the major banks and insurance investment departments. After they returned to their respective companies, they quickly held a meeting to finalize the investment matters.

In the end, China Development Bank led the investment of 12.5 billion US dollars, and the four major banks and China Pacific Insurance followed up with 2.5 million US dollars each. A total of 25 billion US dollars in round D financing was completed for Ruixiang.

After the completion of this round of financing, Ruixiang’s valuation has increased to US$275 billion.

The shares of Ruixiang Group were changed to:
Zhang Yida: 38.18%
Lin Zhenyang: 4.25%
Sharp to the enterprise management (option pool): 4.85%
Penguins: 18.18%
Blackshirt Capital: 13.64%
Temasek: 6.97%
Zhenke Fund: 1.21%
SBI: 1.21%
GGV: 1.21%
Qiming Venture Partners: 1.21%
China Development Bank: 4.55%
Bank of China Capital: 0.91%
Agricultural Bank of China Investment: 0.91%
ICBC Capital: 0.91%
CCB International: 0.91%
CPIC Insurance: 0.91%
After the four rounds of financing of ABCD, although Zhang Yida's shares in Ruixiang are not much, he is still the largest shareholder, holding 79.23% of the voting rights.

Lin Zhenyang still holds 8.82% of the voting rights. Including Zhang Yida, the management holds a total of 88.05% of the voting rights.

The release of so many shares has also brought in the most urgently needed funds for the development of the company, and at the same time weaved a huge network of relationships.

The network includes Wall Street giants, domestic Internet giants, Singapore's sovereign wealth fund, and the four major domestic banks...

Ruixiang's foundation has basically been firmly established, and Zhang Yida can focus all his thoughts on business, without worrying about some "little people" and "reachers" making small moves behind the scenes.

In addition, the seat of the board of directors of Ruixiang Group has expanded again.

Penguin holds 3 board seats, Blackshirt Capital has 2 seats, Temasek has 1 seat, China Development Bank has 1 seat, and the four major banks plus CPIC also hold 1 board seat.

External shareholders hold a total of 8 board seats, Zhang Yida increased the number of board seats to 17, and the management holds another 9 seats.

At the board meeting, the management's right to speak is still the strongest.

After the first tranche of USD 5 million of the D round of financing was deposited into Ruixiang’s account, Zhang Yida allocated all of it to Lan Lan, asking her to initiate the establishment of the third phase of Ruixiang Industrial Fund.

There are several Internet companies in South Korea and India. After a series of negotiations by Lan Lan, the intentions have been reached, and they are waiting for payment.

Lan Lan urged Zhang Yida several times, and Zhang Yida also knew that he couldn't delay any longer, and the opportunity to buy shares might be lost.

After Lan Lan got the money, she flew to South Korea with her investment team.

First of all, they approached Blue Hole Studio, acquired the other party at a price of 2.5 million US dollars, and asked the management team of the other party to stay in office for three years. At the same time, they asked them to develop a tactical competitive shooting game named "PUBG Mobile".

The 2.5 million US dollars was not paid by Ruixiang Industrial Investment Fund, but Zhang Yida pledged a part of Yimin Wangjin shares to Industrial and Commercial Bank in his own name for a loan.

Lan Lan did a private job for Zhang Yida, but she didn't complain. The big boss asked him to do it for him.

Following the clues provided by Zhang Yida, Lan Lan sent an email to the Irishman Brandon Green, inviting him to come to Korea as the chief game designer, and said that he was willing to provide the other party with all the resources he wanted.

Brandon Green was born in a military family. He grew up in a barracks compound and liked shooting games as a child.

When I was young, I worked as a painter and a photographer.When he was middle-aged, he fell in love with a Brazilian woman and went to Brazil to pursue love, but this relationship broke down only in the second year, and Green, who was frustrated in love, began to focus on games.

At that time, he had been researching a shooting game—the day-z battle royale module of Arma 2. Later, based on some shortcomings he found in the game, he began to improve the module of Arma 3, and began to get Industry attention and recognition.

And was valued by H1Z1, which was very popular at the time, and began to really embark on the road of professional games.

At that time, H1Z1 company created a game project called "H1Z1 King of kill" for Green, but after Green didn't work for a long time, he found that this game was not what he wanted, so he went back to study his own Armed Assault 3 model. Group.

Brandon Green is in his 30s and spends his days at home developing games.

The marriage also failed, and his parents were very worried about him.

When Brandon Green received the offer from Blue Hole Studio, he embarked on a journey to Korea without hesitation.

He knows that this is a rare opportunity, as long as the other party is willing to provide all the game resources he needs, in return, he must stay and make a popular shooting game that shocks the world.

The Korean version of Magnesium Group, Woowa Brothers, and Ruixiang Industrial Investment Fund invested 4500 million US dollars in each other, and won 7.5% of the shares.

Viva Republica, as the largest P2P company in South Korea, invested 5000 million US dollars in Viva Republica on behalf of Ruixiang Industrial Investment Fund, and took 25% of the shares.

Together with the other party, Toss, a joint venture mobile payment company, was established in South Korea, and Ruixiang invested another 1000 million US dollars to hold 51% of the shares.

In addition, Ruixiang will also transfer a team from Mobao Pay to enter Toss to bring China's advanced mobile payment technology to South Korea.

Then, Lan Lan moved to India.

Before going, Zhang Yida told her: Girls must protect themselves when they go to India.

After arriving in India, Lan Lan hired a security team, which has been operating in the bustling centers of various cities, and would not go to the slums even if they were killed.

There's no way, Ah San is too good at writing, she can be called Teddy among men.

ShopClues is the fourth largest e-commerce company in India. At the moment when its market share is gradually being eroded by the top three local giants, it also quoted US$11 billion to Lanlan.

After Lan Lan reported to Zhang Yida, Zhang Yida gave up directly.

He remembered that in his previous life, ShopClues had been going downhill and sold for less than 19 million US dollars in 1 years.

Zhang Yida felt that he couldn't be taken advantage of, and that he came to India not to do charity, but to make money.

Even if you want to acquire the other party, you will have to wait for another two years.When Pinduoduo develops and the opponent declines at the same time, it is the most suitable time to make a move.

The Indian version of "Didi" Ola, Ruixiang Industrial Investment Fund invested 1 million US dollars in the other party, and won 6.67% of the shares.

The Indian version of "Dianping" Zomato, Ruixiang invested 5000 million US dollars in it, and won 16.67% of the shares.

Byju's, the Indian version of "Talent Future", has a pre-money valuation of only US$1.5 million, and the value-added space is very large.Zhang Yida asked Lan Lan to invest 5000 million US dollars in him and took 25% of the shares.

Mobikwik, this is a start-up mobile payment company in India.Rui invested 1 million US dollars to the industrial investment fund and acquired the entire equity of the other party.

At the same time, Mobao Pay will send employees to India to take over the company and create an Indian version of "Mobao Pay".

PolicyBazaar, the Indian version of "Ping An Good Doctor", invested 4000 million US dollars in Ruixiang and won 9.1% of the other party's shares.

Delhivery, the Indian version of "Shunfeng Express", invested 5000 million US dollars in Ruixiang and won 12.5% ​​of the company's shares.

On behalf of Zhang Yida, Lanlan invested USD 1 million in the B-round financing of OYO Hotel and acquired 33% of its equity.

Li Taixi, the founder of the company, knew that the founder of Ruixiang was still the same age as himself through the conversation with Lan Lan.

So he was very interested in Zhang Yida, and said he would come to China to visit Zhang Yida.

Lan Lan relayed the news, and Zhang Yida guessed that Li Taixi was probably trying to hit the Chinese hotel market.

After Lee Tae-hee brought the OYO hotel model to China, he has also done quite successfully.

OYO China was independently spun off from the Indian head office, raising more than $9 million in financing.

If he wanted to use Zhang Yida's contacts to open up the Chinese market, Zhang Yida would not refuse, but he would ask the other party to pay a share price.

Lanlan has traveled around South Korea and India, invested in mergers and acquisitions, and established 11 companies, 4 in South Korea and 7 in India.

A total of 8.45 million US dollars was spent, and Rui invested 4.95 million US dollars in the industrial investment fund, almost spending the 5 million US dollars allocated by Zhang Yida.

The US$2.5 million in the acquisition of Blue Hole Studio and the US$1 million investment in OYO Hotel were contributed by Zhang Yida in his own name.

Zhang Yida held Yimin Wangjin shares worth more than 28 billion U.S. dollars, and he easily obtained a loan of 5 million U.S. dollars for the equity pledge from ICBC.

Because the stock has not reached the lifting period, it cannot be cashed out.Even if the lifting of the ban comes, major shareholders will not be able to cash out large sums of money.

Therefore, to improve life and invest, the major shareholders of listed companies generally pledge their shares.

……

"Mr Arora, Yahoo RB is RB's largest search engine and portal.

And Ruixiang has leading mobile payment technology and promotion experience.

The establishment of an e-wallet by our two parties will definitely occupy a place in RB. "

Zhang Yida received Yahoo RB chairman Niksh Alora and his entourage executives from RB in the office of Ruixiang.

Yahoo RB is a Japanese-US joint venture company, which is controlled by RB Sun Zhengyi's Softbank.Yahoo of the United States owns 34% of its shares, 15% of the capital comes from the stock market, and Sun Zhengyi owns 51% of the shares.

At present, Masayoshi Son stepped down as the chairman of Yahoo RB and was replaced by Niksh Arora.

Alora is an Indian. He used to be the vice president of Google Europe. He was recruited by Sun Zhengyi to Softbank in 14.

Sun Zhengyi attaches great importance to this person and plans to train him to be his successor.

"Mr. Zhang, our trip to China is to investigate the mobile payment in your country.

We can agree that the two parties jointly set up an electronic wallet company, but the controlling stake must be held by Yahoo RB. "

Alora also put forward his own conditions. He followed Sun Zhengyi's order and came to China for investigation.

At present, China is the country with the most vigorous development of mobile payment in the world, and he also believes that it is very meaningful to study and study.

It stands to reason that Softbank is Ahri's largest shareholder, so it should give priority to investigating Leech Financial Services.

But because of Jack Ma's coquettish manipulation, Ali has never been the major shareholder of Leech Financial Services, but only enjoys the latter's 37.5% dividend rights.

Regarding the matter of shares, although Jack Ma has always promised to implement it well for Ari.

But it has been delayed for so many years, and it has not been implemented.

Sun Zhengyi was going to give Lao Ma some eye drops, so he asked Alora to come to Ruixiang for inspection.

Zhang Yida was surprised by Alola's visit at first.But it was soon guessed that Sun Zhengyi should be dissatisfied with the old horse.

In the RB market, Zhang Yida originally planned to give up.But there is a door-to-door cooperation, of course there is no reason to refuse.

When Chinese tourists travel to RB, it is inconvenient to buy a toilet or something without mobile payment.

So Zhang Yida nodded and said, "It can be controlled by your company, but Ruixiang has a condition, which is to cooperate with this joint venture e-wallet to jointly promote cross-border payment business."

In layman's terms, cross-border payment means that when Chinese consumers purchase products from foreign merchants online or foreign consumers purchase products from Chinese merchants, due to the difference in currency, they need to use certain settlement tools and payment systems to realize the payment between two countries or countries. Transfer of funds between regions to finalize the transaction.

Mobao Payment has applied to the regulatory agency to obtain a cross-border payment business license, and naturally has its sights on overseas markets.

Singapore, Indonesia, South Korea, and India all have layouts, and with the addition of RB, five countries have been deployed.

"Of course there is no problem! Happy cooperation, Mr. Zhang."

After a little consideration, Alora agreed.Warmly shook hands with Zhang Yida.

The two sides discussed for a while, and the joint venture company was named PayPay.

The name was chosen by Alola, and Zhang Yida felt that the name was a bit strange, but he was relieved when he thought that the payment company of Yahoo RB in his previous life was also called by this name.

Yahoo RB injected 5100 million US dollars and holds a 51% stake in the joint venture company PayPay;

Ruixiang invested 4900 million US dollars and holds a 49% stake in the joint venture company PayPay.

At the same time, Mobao Pay will also send some Chinese employees to work in PayPay, responsible for the establishment of the payment system and business promotion in the early stage.

 So annoying!There are many relatives in the family, and they have been pulling you to chat.I don't have time to update today, I will try to make up for it tomorrow.

  
 
(End of this chapter)

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