Almighty crossover king

Chapter 935
The Longteng e-commerce system has been upgraded, and the upgraded Longteng e-commerce system has once again aroused heated discussions.At the same time, the domestic market share has expanded again.

This upgrade made Xunfei and Baili Group extremely uncomfortable.The stock price has fallen again, and the market value has shrunk again.

Baili and Xunfei also suffered relatively large losses in the recent stock market crash.Although it is not as bad as Twitter, the value of many shareholders has also fallen sharply.

Facing their giant opponent, the Longteng Group, they were powerless.Many major shareholders are selling the stocks of the two companies, and the two companies can't give investors confidence, so the stock prices have been falling.

Since the rise of Longteng Group, the market value of Baili Group and Xunfei Group has shrunk severely.Compared with the market value at its peak, the market value of Baili and Xunfei Group has shrunk severely in recent years.

The market value of Baili Group is now only about US$2000 billion, while the market value of Xunfei is only about US$1400 billion.

At their peak, the market value of both Baili and Xunfei exceeded US$4000 billion.Now that there is only so little money left, it is indeed a bit uncomfortable.

They are also looking for change, and this change is also going on quietly.

In a villa in Hangzhou, Zhang Fan and Ma Baili met here.During this time, Marbury was very busy, but this kind of busyness made Marbury very happy.

During this period, the shares of Baili Group continued to fall, and many investors were selling stocks.But Marbury is quietly buying these stocks.

In order not to attract attention, the entire purchasing team was provided by Zhang Fan.The funds were transferred from Zhang Fan in the global stock market some time ago.

Repurchase the stock and take the company private.This is Marbury's next move.During this movement, Zhang Fan also participated in it.

It has been laid out for a long time, and the acquisition of stocks is also proceeding rapidly.Not only that, Zhang Fan also participated in it, buying the shares of Baili Group together.

"Mr. Ma, Mr. Zhang..."

A middle-aged man walked in with a smile on his face.Zhang Fan and Ma Baili looked at the middle-aged man and nodded.

"I will report to the two of you now. After our secret acquisitions during this period, we spent a total of 780 billion US dollars to purchase 30.00% of the shares of Baili Group."

What the middle-aged man said made Zhang Fan and Ma Baili laugh. 30.00% of nine stocks, this value is already very high.

And Baili Ma still owns 13.00% of the shares. Calculated in this way, the combined stocks held by Zhang Fan and Baili Ma account for 50.00% of the entire Baili Group's shares, which is already an absolute holding.

780 billion U.S. dollars, this huge amount of money is beyond the reach of ordinary people.Few people dare to have such courage.

"How is the contact with other shareholders?"

Zhang Fan couldn't help asking.This secret layout, Zhang Fan and Ma Baili's plan is to privatize the Baili Group.

The ultimate goal of privatization is to delist, and now this opportunity is the most suitable opportunity for Baili Group to privatize.

"Our team is currently in contact. There has been a lot of progress. Some shareholders are willing to sell their shares..."

Zhang Fan and Ma Baili nodded at the middle-aged man's words.For the privatization of Baili Group this time, Zhang Fan mobilized a lot of funds.

Ma Baili also invested a lot of money, and all the money he earned from the stock market crash this time was invested in it.

Not only that, but he also borrowed a lot of money from Zhang Fan.After the privatization progress is completed, Baili Group will delist from the US stock market, and then will carry out comprehensive strategic upgrades and reforms.

According to the plan, after the privatization, the entire Baili Group will be held by Zhang Fan and Ma Baili.At that time, Zhang Fan will hold 40.00% of the shares, and Ma Baili will hold 50.00% of the shares.

Zhang Fan had his own plan for investing in Baili.Although the market value of Baili Group has been declining, it has done very well in many aspects.

Whether it is in the self-operated base or offline retail, there is a big market.At the same time, there are also great technical advantages in cloud computing.

At the same time, Baili Group also has a large amount of data, which can complement Longteng Group in technical aspects such as express logistics and online payment.

And the markets opened up by the two companies are different, especially in recent years.The development of overseas markets by Longteng Group and Baili Group is separate.

Longteng Group puts its overseas market in ASEAN.But Baili Group focused its attention on India, another populous country.

In recent years, Baili Group has a lot of layout in India, and it has become the largest e-commerce group in India, and its market share continues to increase.

This is also what Zhang Fan values. In fact, the most important thing is Ma Baili.Baili Group started from scratch, and it really came out step by step.

If Zhang Fan didn't have a lottery, even if he took off his clothes and ran, he wouldn't be able to catch up.The reason why Longteng Group has risen so quickly in these years is because Zhang Fan has too many cheat-like things.

After the privatization is completed, some things of Longteng Group can be shared with Baili Group.At that time, the two companies will be two sharp swords, opening up markets in different directions.

As for Xunfei Group, Zhang Fan looked down upon it a bit.The most profitable project of Xunfei Group has been completely suppressed by Longteng Group.

Games and social networking used to be iFLYTEK’s magic weapon.But now he has been crippled by the Longteng Group.Although Xunfei has transformed into an e-commerce business and learned from Longteng Group to play its own business, the effect is not very good.

In Zhang Fan's view, Ma Xunfei lacks a certain amount of courage.Even the transformation lacks some courage.If Xunfei Group could package and sell games and social business in a few years ago, and concentrate on e-commerce and self-operation, Zhang Fan would still be interested.

But Ma Xunfei was reluctant.Even now, social business and game business still exist.Look at Ma Xunfei's investment again. If you want to make money, you want to invest.

In recent years, a large sum of money has been invested in real estate projects.At the same time, there are also investments in the entertainment industry. Such messy investments have made Xunfei Group's competitiveness weaker and weaker.

From Zhang Fan's point of view, Ma Xunfei is actually a bit tired.In the past few years, he has also been secretly cashing out, holding fewer and fewer shares of Xunfei Group, and most of the money he got is invested in fixed assets such as houses.

Zhang Fan doesn't care much about such a Xunfei Group anymore.After the privatization of Baili Group is completed, Xunfei Group's e-commerce business will suffer a more serious blow, and the three giants of e-commerce may become the two giants of e-commerce.

"Continue to acquire..."

Zhang Fan raised his wine glass and touched Ma Baili, both of them smiled.

(End of this chapter)