Shenhao started as a military training anchor

Holly was very strong in negotiations and directly blocked the mouth of SoftBank Group Vice President Misha.

Resolute attitude.

In one sentence, either agree to the acquisition or continue the subsidy war.

Since the investors sitting here have come to participate in today's negotiation, they have seen Grab's development bottleneck.

If you continue to spend money to support Grab in this way, even if it can defend the market, the losses will be far greater than the income.

What Chen Bingyao fears most now is that several major shareholders will put pressure on him and force him to sell the company.

At this point, the voting power in his hands no longer has much of a deterrent effect.

If the major shareholders advocate mergers and acquisitions, but you disagree and veto the proposal, then you will face shareholders withdrawing their capital or selling their shares on the stock market.

Grab's share price may collapse.

If you cannot find sufficient funds to repurchase shares, you may also face the risk of bankruptcy.

Visible to the naked eye, sweat was soaked on Chen Bingyao's forehead.

All his hopes are placed on SoftBank Group founder Masayoshi Son, hoping that SoftBank can continue to support him.

There is no doubt that today's negotiations did not result in a unanimous consensus.

Ended with failure.

When Holly left Grab headquarters, Chen Bingyao ran out and said, "Mr. Huo, if it is convenient, I would like to talk to you."

"Okay." Holly nodded.

The two made an appointment at a high-end coffee shop in the central business district.

In the box, Chen Bingyao asked Holly to raise his hand and let him go in a pleading tone.

The previous case of cooperation between Uber and Grab was also mentioned.

If Yisu agrees to the market-for-shares plan, he guarantees that it will bring huge returns to Holly.

Holly picked up the coffee and took a sip with a smile, "Mr. Chen, you still don't understand me.

What I want is not the ride-hailing market in Southeast Asia. What I want is the consumption potential of 6.2 million people in Southeast Asia.

How much revenue can just an online ride-hailing market bring? "

Chen Bingyao looked at Holly blankly.

A look of shock.

He suddenly realized that Holly's ultimate goal in winning the Southeast Asian ride-hailing market was to include Southeast Asia into his business territory.

His ambitions are global.

Online ride-hailing is just one of the commercial projects.

"Mr. Huo, I have underestimated the enemy from the beginning." Chen Bingyao said.

Holly smiled and said: "Mr. Chen, four generations of your family have been doing business in Malaysia, and they are considered a famous family in Southeast Asia.

If I were you, instead of making concessions to your opponents here, it would be better to change the track and start over.

Of course, if you are willing, I sincerely invite you to join Yisu. "

Chen Bingyao felt the great irony.

Born into a famous family, I have never been ridiculed like this since I started my business.

Smiling in response to Mr. Huo, "Mr. Huo, we still can't tell who the winner is until the end."

He waved to the waiter and said, "Pay the bill."

Holly picked up the coffee cup and smiled: "We'll see."

……

Hawley sent an email to Son in his own name, inviting him to Singapore to discuss cooperation.

After seeing Masayoshi Son's reply, I found out that he had arrived in Singapore.

Holly guessed that Chen Bingyao was asking for help.

After Son finished talking about things there, Holly treated him to a meal.

Son Zhengyi arrived at the hotel box on time.

Walking into the private room with a smile on his face, when he saw Holly, he extended his hand warmly and said, "Mr. Huo, I've seen you for a long time.

Your reputation has been ringing in my ears countless times, and today I finally met you in person.

Nice to meet you. "

Without forgetting to look at Holly, he shook his head slightly and sighed, "It's amazing."

Holly smiled and invited: "Mr. Sun's compliments made me don't know how to answer.

You are both seniors in the Internet industry and investment industry, and I pay tribute to you.

Mr. Sun, please. "Mr. Huo, please!" "

The two sat down at the dining table.

Sun Zhengyi directly pointed out the Southeast Asian market when he came up, "Mr. Huo has turned the Southeast Asian Internet industry upside down in the past two months. In the two days since I have been in Singapore, many investors have expressed dissatisfaction with you."

Holly smiled: "Those who don't get the cake are always jealous.

I'm used to it. "

"Hahahaha, Mr. Huo is very humorous."

Son Zhengyi raised a glass to Mr. Huo.

Holly finished his drink and said directly, "Mr. Sun, the direction Grab should take next depends on your attitude.

I think Mr. Chen has already thrown a tempting bargaining chip to you. "

Son Zhengyi shook his head and smiled: "There is such a thing, but Mr. Chen doesn't have enough chips.

If you want me to support him to continue to compete with Mr. Huo for the market, I won't nod without a bargaining chip that makes my heart beat.

I know the strength of Mr. Huo's opponent. "

Holly smiled: "That's too much praise, Mr. Sun."

Had another drink with him.

After drinking, he said: "Since Mr. Chen's chips failed to impress Mr. Sun, why don't you listen to my chips?"

Sun Zhengyi spread his hands and said: "Mr. Huo, please speak."

Holly said: "North American market."

A smile appeared on Son Zhengyi’s eyebrows.

Holly has been deploying it for half a year, and the North American market is a wedding dress for SoftBank.

Son Zhengyi said: "The North American market is Uber's home base. Do you have the confidence to fight against Uber?
You have to consider the capital behind Uber. "

SoftBank is a shareholder of Uber, but there are two world-class consortiums behind Uber, BlackRock and Vanguard Group. It is almost unrealistic to burn money to attack Uber's home base.

But Hawley’s purpose is very pure, which is to throw out enough bait to get SoftBank and Yisu to cooperate.

Holly smiled and said, "How would you know if you don't give it a try?"

"Hahaha." Son smiled and nodded, "I can help complete the acquisition of Grab.

But you have to promise me that Yisu can capture a certain amount of market share in the North American market and successfully go public within two years. "

Isn't this just a business bet?
Maximize investor returns.

Holly said: "I wonder what Mr. Sun thinks this number is?"

Son Zhengyi said bluntly: “15%.

Yisu must capture 15% of the North American market share within two years and complete its listing. "

Holly said: "What are the conditions?"

Son Zhengyi said: "If it cannot be completed, Yisu will compensate SoftBank based on 12% of the annual income, and compensate SoftBank for the dividends it deserves based on 15% of the online ride-hailing market share in North America."

The old man bought himself a double insurance policy.

SoftBank currently holds 18.6% of Grab's shares, which is worth about 730 billion based on Grab's current market capitalization of 130 billion.

He used the 130 billion to invest in Yisu. Based on Yisu's latest valuation of 3000 billion, it accounts for 4.3% of the shares. When Yisu raises funds and goes public, SoftBank will definitely increase investment.

If the listing is successful, Yisu is expected to hit a market value of 250 billion. By then, he will be able to get close to billion from Yisu.

If the listing is unsuccessful, according to the gambling agreement he proposed, in addition to paying SoftBank's two-year shareholder dividends, SoftBank will also be compensated with approximately 33 billion.

If SoftBank requires Yisu to repurchase shares, Yisu will compensate SoftBank with 20 billion in cash.

Now 130 billion has been invested, Yisu has been successfully listed, and SoftBank has doubled its profit in two years.

If the listing fails, SoftBank will earn 70 billion.

In the North American market, if Yisu can capture 15% of the market share, coupled with SoftBank's shareholding ratio in Uber, he will become the largest investor in the global online ride-hailing industry.

The old man has been in the capital circle for so many years and has never made a losing deal.

Holly smiled.

"Mr. Huo doesn't have confidence in himself, or is he afraid?" Sun Zhengyi said.

Holly raised his glass and smiled: "Mr. Sun, even if we lose, I can afford to lose two to three billion."

"Hahaha, I appreciate Mr. Huo's courage." Sun Zhengyi raised his glass and toasted Holly, "Happy cooperation."

Masayoshi Son feels that he can make a lot of money with Hawley, but in Hawley's eyes, SoftBank is just a tool for his global planning.

(End of this chapter)