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Chapter 1515: Chapter 1358: Not Expensive At All (Please subscribe!)
Five hundred billion?
This figure gave them a shudder.
It was just three hundred billion a moment ago, and now two hundred billion more, are you printing money? A mere touch of the upper and lower lips, and the number shoots up eagerly. Throwing around hundreds of billions at the drop of a hat.
Not considering the risks at all?
Moreover.
This is just the initial phase.
If it’s the later stage.
Are you going to report another even more astonishing number?
The person in charge pondered for a moment, then asked, "Little Tang, for Hummingbird Commerce & Storage, how large-scale do you plan to be?"
"Of course, it’s to cover the globe. If it’s domestic, ensuring next-day delivery for orders in cities above the prefectural level, and if it’s global, ensuring next-day delivery for frequently demanded goods in major cities of various countries."
Tang Qing didn’t say next-day delivery for all goods.
That’s impossible.
Commerce & Storage isn’t a magic box that can instantly conjure anything you want. He can only guarantee that most standard goods will be delivered to customers at the fastest speed, no one will be faster than him.
That will do.
"Your plan is really big," the person in charge said with a bitter smile. Covering the globe, that’s how many cities, how much land to purchase, how many warehouses to build, how many people to hire, definitely more than several hundreds of thousands, right?
"It’s manageable. Just that the initial phase burns quite a bit of cash. Logistics, distribution, warehousing, all require real investment. Anyway, the company will be in debt for the next ten years," Tang Qing said nonchalantly.
Losses?
What is he afraid of?
As long as the goods are there, they are assets; he’s not in a hurry to make money. Mr. Liu, the bank manager, didn’t ask about how to repay the loans during the ten years of debt, being in debt just means all the earnings are going towards loan repayment, no surplus.
"Are you sure about this?"
"I can give it a try."
"Domestic banks may not be able to support such a large sum of money."
"No worries, we’ll take as much as they can provide. For the rest, I will figure something out. This is just my personal wild ambition; I can’t pile all the risks onto domestic banks," Tang Qing said with a smile.
That statement.
Also gave himself an out.
Otherwise, if he had said "If you won’t give it to me, I’ll go to foreign banks," that would be a threat, acting out of spite. Now by phrasing it as ’transfer of risk,’ he managed to spin the situation smoothly, leaving everyone more comfortable with it.
Upon hearing this.
They all nodded in agreement.
He really has a way with words.
"Three hundred billion, it may be tough for domestic banks to handle, but with your capability, raising some funds internationally shouldn’t be a problem. However, your family should also provide some assistance; you can’t let outsiders scoff at us," the person in charge made his position clear.
He knows how to get things done.
Knows how to behave.
They naturally had to do something too.
In a few months, once his three companies go public, getting a few hundred billion in loans from abroad won’t be much harder than drinking water, even now, there are plenty of banks willing to lend to them.
So it goes.
To gild the lily.
But if it’s the first flower to be added, let Huaxia be the one to present it.
...
Ten minutes later.
Tang Qing and Ma Yun walked out of the hotel.
"Boss Tang, does Hummingbird Commerce & Storage still need investment?" On the way, Ma Yun asked.
"Oh?"
Tang Qing looked towards Ma Yun.
"It’s not me, but Ali. As you know, Ali raised so much money from going public, but it’s all sitting in the bank with no place to be used. And now, I’ve got this idea."
Hummingbird Commerce & Storage.
Ma Yun was very optimistic, and even more so about Tang Qing as a person. Whatever he does, he succeeds. Currently, Tang Qing is just Ali’s largest shareholder; both parties have only minor shares, and don’t have much other connection.
Therefore.
He wanted to deepen the relationship.
Upon hearing this.
Tang Qing pursed his lips and chuckled lightly.
"Possible."
For Ali at this moment, there really isn’t anywhere to spend the money. Data centers, cloud computing, these tasks are handled by Xiao Xiao Technology, Ali has realized it doesn’t need to invest much in this area.
And running a website doesn’t cost much money.
Therefore.
Ma Yun suddenly felt the ’trouble’ of having too much money.
Perfectly normal. Since there’s excess money, might as well spend some of it, it wouldn’t be a loss for them. For a company that isn’t expected to make profits for ten years, they don’t plan to take full control.
Silly.
Not just the headquarters thinks this way.
Branch companies even more so. If possible, in each country’s branch companies, they could cooperate with some big players of that nation, ceding some stocks in exchange for their support and market resources.
Using interests.
Unite the power of the world.
Compromise is inevitable.
All we need is to hold our core interests in hand, and from then on, anyone who wants to venture into commercial storage will be impacting this interest system, invoking resistance from countless forces.
The threshold.
That’s how it’s raised.
"You can buy, but the shares are very expensive," Tang Qing reminded.
"What is your valuation of Hummingbird Commercial Storage?"
Ma Yun asked.
"For Ali, I can give a founder’s price, 1.5 billion dollars for 10 percent, a flat rate." Tang Qing gave a valuation of 15 billion dollars for a company that had just been reorganized and had pitifully few assets.
Crazy.
Truly crazy.
No such valuation method exists anywhere in the world.
But he did it.
Because he knows the future of this company, a Jumbo level company, if it weren’t for the fact that he is the largest shareholder of Ali and the interests of both parties are increasingly intertwined, he would never "under-sell."
Upon hearing this offer.
Ma Yun smiled wryly.
Expensive.
Really damn expensive.
A company with assets of only 100 million dollars now, and Tang Qing actually marked it up by 150 times, although definitely big moves will follow, but the valuation converted into RMB is over a hundred billion.
To buy.
Or not to buy.
Ma Yun hesitated.
From the current standpoint, only a fool would buy.
But if not bought, maybe in the future, I would be the biggest fool.
Torn.
"Do you think it’s expensive? Actually, not at all, I’ve shown you the plan, you should know the future form of Hummingbird Commercial Storage, and this 10 percent can be undiluted for five years."
Tang Qing added.
"Five years undiluted." Ma Yun’s spirits lifted.
If it’s like this.
This price is not unacceptable.
"Right."
"I think it’s feasible."
Ma Yun is also a decisive person.
"You have to convince the other shareholders first, and don’t forget to tell them that this is a flat rate and only 10 percent of the shares are available," said Tang Qing, as the largest shareholder of Ali, it’s not appropriate for him to be involved in these investment discussions.
After the other shareholders reach a consensus.
He will see the situation and vote.
"I understand."
Ma Yun nodded. He felt that the chance of board approval was high, as Ali’s business is actually in an awkward position now, aside from the e-commerce platform, all other investments are a bit perplexing.
First, they can’t find a new business breakthrough.
Second, they are all interested in what is related to Tang Qing.
Video,
Social Interaction,
Office software,
Enterprise services,
Cloud Computing,
Big Data,
All these are being done by Tang Qing, and he has reached the top in Huaxia, leaps and bounds ahead. If Tang Qing was willing, he could even devastate other traditional internet companies completely.
Sina,
Sohu,
NetEase,
Penguin,
Renren,
Jingdong,
...
With the massive traffic in Tang Qing’s hands, just getting started can make these companies shudder. But Tang Qing is relatively restrained, not going for a total annihilation; otherwise, it would indeed be the ’dark times’ descending on Huaxia’s internet industry.
All these traffic portals.
And technological support.
Ali can just enjoy the benefits, but this also restricts Ali’s movements, so recently they have been trying to find a way to break through. If there is Hummingbird Commercial Storage as the breakthrough, other shareholders would be very interested.
At least.
He is very interested.
