Winning the new financial era

Chapter 489

"Hug to keep warm? Who are you hugging with?"

Comrade Shaqima looked at Zhang Yida puzzled. He roughly understood that Zhang Yida meant that the competition was fierce now, and we needed to concentrate our efforts. The problem was with whom?

"Tokopedia." Zhang Yida spit out the word calmly, and looked at Aqima calmly.

Azima was taken aback for a moment, and then shook her head violently: "No, no, that William is self-willed, and he won't agree."

"What if he agrees?"

Achima smiled and said, "Mr. Zhang, don't be joking, William has always looked down on us, saying in public many times that we are going to close down.

My relationship with him is like Jack Ma and Mr. Liu Ruoxi in China.

Will Jack Ma agree to the merger between Ali and Goudong? "

Zhang Yida waved his hand, shook his head and said with a smile: "If he can merge with Goudong, Jack Ma's face will probably die from laughter."

"I mean seriously, if William agrees to the merger, do you agree?"

Seeing Zhang Yida's serious expression, Aqima believed it now.

He always felt that William was not that easy to persuade, but when he thought about it carefully, Zhang Yida had such great wealth and power that it would not be an exaggeration to say that his hands and eyes were in the sky.

Maybe it really tamed William's stubborn donkey.

"They are valued at $50 billion, and we are valued at $10 billion. Is it inappropriate to say "merger"?"

Zhang Yida smiled, this is to see through but not to tell the truth, otherwise how ugly is it to say "merger and acquisition"?
"You can choose to exchange all shares, or you can choose to take half of the new company's equity and half of the cash to exit."

Zhang Yida would not easily give the condition of withdrawing in cash.

After all, it is not a small merger and acquisition case of tens of millions or hundreds of millions, and the cash expenditure of billions of dollars, whether it is Zhonghe or Ruixiang, cannot bear it.

If you can use equity to acquire as much as possible, don't use cash. This is an unwritten rule in the industry.

After all, with cash in hand, the company has a high sense of security.Otherwise, no matter how many shares you hold, the company will collapse and be worthless!
Azima's eyebrows were almost huddled together, and she could see that she was very conflicted.

Zhang Yida was not in a hurry to ask him to answer, and walked to the huge and bright French windows with his coffee, looking at the scenery in the distance.

Achima glanced at the figure by the window, then turned her gaze back to the ceiling with complicated emotions.

The company I founded by myself has been with me through seven years of ups and downs, how could I give up so easily?
On the other hand, the current market situation is tense, and without a strong financial backer, it is difficult to stand out from the encirclement.

If the company collapses, all his hard work and hard work will be in vain for his equity and the hardships he has experienced in starting a business for seven years.

Of course, that doesn't mean it will fail.

However, under the siege of various Chinese giants such as Ali, Penguin, and Goudong, it is difficult for Bukalapak to survive. Even if it survives, it is likely to be a second-rate e-commerce platform.

Thinking of this, Azima turned to look at the figure with his back turned to him, and said, "Mr. Zhang, I need to discuss it with my two partners!"

"now?"

Azima nodded, "Yes, right now, I will give you an answer as soon as possible."

"Okay, I'll go to another office and sit down, you guys discuss it slowly, don't worry!"

Zhang Yida's calm and breezy appearance made Aqima feel a little uncomfortable. Isn't he afraid that he and the two co-founders can't negotiate well, and the merger matter will be messed up?
Zhang Yida naturally had a hole card to support him, but he didn't lift it hastily.

After all, you can use gentle means to solve the problem, so there is no need to be that villain.

The pretty secretary with a bit of mixed-race appearance twisted her water snake waist and led the way, took Zhang Yida to a conference room, served drinks to Zhang Yida and the accompanying team of bodyguards and assistants, and asked for Zhang Yida's opinion, and played a local Indonesian film Produced films about customs and customs.

After watching two of Zhang Yida's movies and eating the lunch served, Aqima and his two partners finally reached a conclusion after discussing it.

Back at Aqima's office, Zhang Yida looked at him and the two founders, and said, "I can agree to all other conditions, except for the "all-cash acquisition" that is not negotiable.

After the integration of the two e-commerce platforms is completed, the final payment of 5 million US dollars in cash can be delivered in one go! "

Achima knew this, and exchanged glances with his two partners, who gave him a wink, signaling him to agree quickly.

"Alright then, I'll notify the shareholders!"

Zhang Yida nodded. He had almost talked with the shareholders, mainly because of the opinions of the founding management team.

Now the small team of three has also done it, and all obstacles to the merger have been cleared.

……

The merger of the Tokopedia and Bukalapak platforms is undergoing relevant due diligence. Li Jie, the founder of J&T Express, discussed with the shareholders of OPPO and Blackshirt Capital and gave a reply.

It is agreed that Ruixiang will invest US$5 million in J&T Express at a pre-investment valuation of US$6.7 million, and Lippo Group and Guoxin Group will each invest US$6500 million.

That is to say, J&T Express completed a total strategic investment of 8 million US dollars, and Ruixiang became the controlling shareholder of 51.54% of the shares;
Lippo Group and Guoxin Group each hold 5% of the shares; OPPO, Blackshirt Capital, Li Jie and other original shareholders retreated to minority shareholders.

At the same time, there is a supplementary agreement, which is mainly an anti-dilution clause. Shareholders such as OPPO and Blackshirt Capital require that the equity in the subsequent financing will not be diluted and enjoy the right to increase capital in the same proportion.

Of course Zhang Yida had no objection. He didn't expect the courier company to make any money. He was satisfied as long as the revenue was balanced.

However, Heishan Capital and OPPO don’t think so. After J&T Express enters China, it may usher in a relatively large development by bundling Pinduoduo. They will naturally try their best to enjoy this wave of market dividends.

Last year, nearly half of the domestic express delivery incremental market was provided by Pinduoduo. No one can underestimate this seemingly low-level company that has quietly become the third largest e-commerce platform.

Although wechat makes things difficult for us from time to time with unwarranted charges of management regulations, Jiugongge is still providing a steady stream of traffic for pinduoduo.

After Zhonghe Group invested heavily in attracting users to download the independent Pinduoduo APP, and promoted the relationship chain of 3 million seed users, Pinduoduo is still thriving.

At present, in terms of GMV, Pinduoduo, whose GMV exceeded 17 billion in [-], has far surpassed Vipshop, ranking third in the country, and launched an impact on Goudong.

All parties were satisfied with the result. After the signing ceremony, Li Jie took the initiative to shake hands with Zhang Yida and said with a smile: "I am very happy to work with Mr. Zhang, and Mr. Zhang needs to guide us in the future work!"

After the financing, Li Jie's position as CEO remains unchanged, and he is also an important shareholder of J&T Express Company, which is quite different from ordinary professional managers.

With such a low posture at this time, he is also making friends with Zhang Yida.

Because he knows that J&T Express has been bundled with Pinduoduo, and the Zhonghe Group behind Pinduoduo is also controlled by Zhang Yida.

It can be said that J&T Express and Pinduoduo are both prosperous and both are prosperous.

How far Pinduoduo can grow will determine how high the upper limit of J&T Express is.

In addition to Pinduoduo, Li Jie is also concerned about how Zhang Yida's plan to integrate e-commerce in Southeast Asia is going.

Now we are an important cooperative relationship, so there are not so many taboos, so I asked one more question: "Mr. Zhang, did you encounter any troubles in the integration of the two platforms of Tokopedia and Bukalapak?"

Zhang Yida understood that he was concerned about the prospects of J&T Express in Southeast Asia, so he replied with a smile: "We are doing due diligence, and we should be able to announce it to the outside world soon!"

Hearing this, Li Jie found out everything he wanted to know, so he didn't ask any more questions.

"J&T Express entering China should not be too much fanfare, including the cancellation of this financing conference! If you can keep a low profile, try to keep a low profile."

Li Jie nodded, he understood Zhang Yida's meaning, this is to enter the village quietly, don't shoot people!
But how long this can paralyze others is hard to say, and the truth will come to light sooner or later.

"By the way, if J&T Express is going to enter China, it cannot take an English name, but a Chinese name."

Li Jie nodded and said yes, "Mr. Zhang, please give him a Chinese name!"

"Just call Jitu Express!"

"Good name, I think it will work!"

(End of this chapter)