Chapter 438: Listed?
Wang Liu seized the opportunity and immediately instructed Li Xiangtao to plan a "novice shopping welfare" activity, which is specifically used to attract users who have lost eBay.
The effect is pretty good. In just a few days, the mall has hundreds of thousands of new users, and the transaction volume and sales have both increased sharply, and the average daily sales have even exceeded the six million mark in one fell swoop.
When he exceeded 5 million, Wang Liu thought that it would be good to break through 10 million per day by the end of the year, but according to this trend, the time would probably be much faster than he thought.
Alibaba also keenly seized this opportunity and launched some discount activities, which also divided up many markets lost by eBay.
Wang Liu is not clear about the specific data, but he thinks that it will definitely not be too bad. Alibaba is not short of money now, and the discount is not weaker than Tiansheng. Even if the harvest is not as good as Tiansheng, it should not be much worse.
Although it is a bit regrettable, while missing one competitor, it is also fattening the other, but there is nothing we can do about it. If the market is suddenly empty, it can attract it, and Alibaba can naturally do it too.
At least now that it is not short of money, Alibaba still has competitiveness.
Wang Liu didn't care much. As soon as he had an absolute advantage in the e-commerce field, even if Alibaba was stronger, it would not put much pressure on him.
Secondly, there will always be time to spend money. When the price war is fought for a while, burn out the remaining money of Alibaba. Now the market is stolen by it, he will grab it back then.
However, things in the world are always so unpredictable. Before Wang Liu could arrive this day, a bad news suddenly came.
"Big News! Alibaba and Yahoo jointly announced that the two sides have officially reached a strategic partnership"
"500 million US dollars, Yahoo announces strategic investment in Alibaba"
"All domestic assets, plus US$350 million in cash, totaling US$500 million, Yahoo replaces 40% of Alibaba's equity"
Time is coming to September.
After more than a month of price war, Wang Liu was still waiting for Alibaba to burn out the money, but the news of Yahoo investing in Alibaba came suddenly.
Various reports swept overwhelmed, instantly sparking heated discussion.
Wang Liu also saw the news and was indescribable. He looked shocked at first. With such a big move, he didn't hear any sound of the wind before.
Then I suddenly realized that no wonder that so many people were poached by Zhou Hongyi before, Yahoo didn't quickly recruit additional personnel. Facing Sina, NetEase, Sohu, and Mingyue's joint division, I didn't resist and just lay down.
The relationship was already decided at that time and we wanted to sell domestic assets to Alibaba.
I also heard in my previous life that when Yahoo withdrew from the domestic market, it sold all its domestic business to Alibaba, and invested another sum of money, but the amount seemed to be one billion US dollars.
This life is hard because of his appearance, which led to Yahoo withdrawing from the domestic market several years in advance, and the money invested in Alibaba shrank to only 500 million left?
Well... Maybe Alibaba can't afford so much money now, and it's 500 million to replace 40% of Alibaba's equity. If it's 1 billion...
That's no different from selling the company directly.
First of all, Lao Ma will definitely not be happy. Secondly, Alibaba, which has experienced three rounds of financing, even if Lao Ma is happy, he may not be able to get so many shares.
but……
350 million US dollars is also a lot. Based on the current exchange rate of 1:8.2, that is close to 3 billion yuan.
Alibaba is already difficult, but now it has received such a large amount of funds to supplement it, and its competitiveness has been greatly enhanced. It is probably going to be more difficult in the future.
Wang Liu inexplicably felt a pressure coming, and at the same time he was a little depressed. He had been fighting with Yahoo openly and secretly for so long, spending so much time, spending so much energy, and spending so much money. He finally broke the Yahoo bankruptcy. Why did he end up getting cheaper Alibaba?
Why did Yahoo fall in love with Alibaba?
After a little thought, Wang Liu figured it out. Investing in Alibaba means that Yahoo has attracted the e-commerce market, and there are only a few e-commerce companies available in China, including Tiansheng, eBay, and Alibaba.
Tiansheng can directly rule out that the opponents who have been competing for so long, and even Yahoo has even failed at home is because Tiansheng, so Yahoo naturally would not be willing to invest money on a competitor who has caused such a miserable disaster.
Not to mention eBay, it has been fully acquired by eBay and its servers have moved to the United States, and its performance has plummeted, which is not a good choice.
In contrast, after a series of measures, it has successfully gained a foothold in the e-commerce market and after eBay's performance declined, it has keenly seized the opportunity and taken advantage of the trend to eat a lot of eBay's market. Alibaba, which has further strength, is indeed the most suitable investment target for Yahoo at the moment.
But...When I remembered that I actually got cheaper in Alibaba in the end, Wang Liu felt depressed. What's the point!
He shook his head helplessly. As soon as he put down the newspaper, Li Xiangtao suddenly called.
"Mr. Wang, have you seen the news? Alibaba acquired Yahoo and also raised $350 million in financing..."
"I saw it." Wang Liu interrupted.
Li Xiangtao's voice stopped and then said: "Ali has recently eaten a lot of eBay's market, and its market share has increased a lot, which is already a threat to us. Now that we have obtained such a large amount of financing as Yahoo, we are probably our most difficult competitor in the future. We should prepare early."
Wang Liu nodded. He really had to prepare early. After obtaining such a large amount of funds, Alibaba's current financial situation is much better than Tiansheng. Whether it is to continue to fight price wars or take any new moves in the future, Alibaba will be more confident.
It’s hard to say what the new trick is. Regardless of it, at least in terms of funds, he has to make up the gap as soon as possible, otherwise he will lose confidence in burning money in the future.
It is time to put financing on the agenda.
"If you go to find a few investment institutions and send out the news, you will say that Tiansheng is interested in financing. If you are interested, please contact us. We will also raise some money." Wang Liu said in a deep voice.
Alibaba can win large amounts of financing in succession. Tiansheng is now much stronger than Alibaba in terms of strength and potential. It will definitely be easier for him to raise funds. As long as he releases the news, he will definitely be able to get it.
“Finance?”
Li Xiangtao hesitated for a moment and tentatively said: "I think, maybe we can start the listing without financing."
"Let's go public?" Wang Liu was stunned.
Li Xiangtao immediately said: "Yes, Tiansheng has been established for three years. Regardless of scale or performance, it has long reached the listing standard and can be launched.
Chapter completed!