Chapter 2069: A Bird Startled by the Bow

Who is Ma Xiaoyun?

Looking at the big shots in China, Ma Xiaoyun's eloquence is top-notch.

It's not that others are not eloquent, but Ma Xiaoyun's eloquence, comparatively speaking, is probably the best.

But at this moment, he found that no matter what words he used, he couldn't express his feelings.

Chairman Zhao, do you mean that Tencent Technology intends to enter the e-commerce industry?

Ma Xiaoyun looked at Zhao Fusheng, somewhat surprised.

This question was crucial. If that were the case, he might have to seriously consider how Alibaba would respond to the challenge from Jingdong Mall.

I don't know about that.

Zhao Fusheng shook his head and said with a light laugh to Ma Xiaoyun, "I'm just telling you what I know. As for the specifics, to be honest, I'm not sure."

This was the truth. In Zhao Fusheng's view, he only needed to inform Ma Xiaoyun of the matter.

As for how to deal with it, that was Ma's business.

If he couldn't even solve this problem, Zhao Fusheng would have to doubt how Ma Boss had built his vast empire in his previous life.

Sure enough, Ma Boss did not disappoint Zhao Fusheng.

After hearing Zhao Fusheng's words, Ma Xiaoyun pondered for a moment, stood up, and said sincerely to Zhao Fusheng, "Chairman Zhao, thank you."

You're welcome.

Zhao Fusheng smiled and waved his hand: "I just thought you should know, didn't I?"

Mm.

Ma Xiaoyun nodded: "I need to go back and discuss this with my team. I won't disturb you any longer, Chairman Zhao."

Regardless, this was a major issue concerning the company's development, so he had to go back and discuss countermeasures with his trusted aides. Moreover, it wasn't just about one company.

Alibaba's equity structure was complex. If what Zhao Fusheng said really happened—Jingdong Mall receiving investment from Tencent Technology and allowing Jingdong's users to integrate with Tencent's little penguin—it would be bad news for Alibaba.

The most terrifying thing about Tencent Technology was its massive user base.

This was an advantage that no other software could match.

As one of the earliest big shots in China to access the internet, Ma Xiaoyun knew very well that in today's internet era, users were the core demanders.

This statement might seem logically inconsistent, but on second thought, no matter what internet product, its ultimate purpose was to serve people.

In other words, meeting people's needs was the ultimate purpose of the internet.

Watching Ma Xiaoyun leave, a smile appeared at the corner of Zhao Fusheng's mouth.

He knew very well that after Ma Boss returned, he would gather his team and focus on the rival Tencent.

...

...

Standing by the window, watching Ma Xiaoyun's motorcade leave the Future Group headquarters.

Zhao Fusheng held a cup of strong tea, a smile curling at the corners of his mouth.

Chairman, would you like to meet Liu Qiangdong? Liu Yiming, standing behind Zhao Fusheng, asked in a low voice.

Why would I see him?

Zhao Fusheng was startled, then laughed and waved his hand: "No need."

Ah?

Liu Yiming was somewhat surprised. He had originally thought that after meeting Ma Xiaoyun, Zhao Fusheng's next person to see would be Liu Qiangdong.

Contrary to his expectations, Zhao Fusheng seemed to have no such intention.

I said, we are investors, not speculators.

Zhao Fusheng smiled faintly but said nothing more.

Investors versus speculators—the difference is huge.

The real difference between an investor and a speculator is that a speculator only sees daily returns and profits, while an investor focuses on whether the company is improving, implementing, and growing every day.

A true investor understands that whether it's capital investment or equity investment, the most important thing is value investment.

And value investment refers to the company's growth potential, ability to execute, and capacity to create value.

In short, if one only looks at immediate gains, being a speculator is enough. But if one wants long-term returns, a good investor needs not only patience but also confidence in the entrepreneurial team.

Of course, for Zhao Fusheng, to be precise, it was because he knew what would happen in the future, so he tried to stand on the side of the winners.

Contact Miss Dong.

Zhao Fusheng was silent for a moment, then said to Liu Yiming, "Ask her to come here."

Okay.

Although he didn't know why the chairman suddenly wanted to see Dong Chenxi, Liu Yiming quickly walked out of Zhao Fusheng's office and called Dong Chenxi.

Soon, Dong Chenxi arrived at Zhao Fusheng's office.

Are you done talking with Ma Xiaoyun?

Dong Chenxi asked Zhao Fusheng in surprise.

Zhao Fusheng nodded: "Yes, I've told him what he needed to know."

What did he mean?

What Dong Chenxi cared about most was naturally Ma Xiaoyun's reaction.

After all, the key to this matter was Ma Xiaoyun's attitude.

Not bad.

Zhao Fusheng smiled: "He should be going back to study countermeasures."

As he spoke, he looked at Dong Chenxi: "You need to be prepared too."

Huh?

Dong Chenxi was taken aback, furrowed her brows, and looked at Zhao Fusheng: "What preparations do we need to make?"

Obviously, she didn't quite understand Zhao Fusheng's meaning. Since he didn't plan to get involved in the issue between Tencent Technology and Alibaba, why did he need to prepare?

Barring any surprises, Ma Xiaoyun will definitely counterattack, and Jingdong will also be affected." Zhao Fusheng looked at Dong Chenxi and said word by word, "I can accept the dilution of Jingdong's shares, but you must secretly continue to acquire shares of Tencent Technology and Alibaba."

Ah?

Dong Chenxi was instantly shocked.

She never expected that Zhao Fusheng's target was actually these two companies.

Alibaba, Tencent, and Facebook—that's my bottom line.

Zhao Fusheng told Dong Chenxi his bottom line for the first time: "No matter what, we must try to maintain a certain shareholding in these three companies. Of course, Ant Financial's shares are also counted under Alibaba."

Dong Chenxi nodded woodenly, her mind a bit chaotic. It was the first time she heard such words from Zhao Fusheng.

So, the companies Zhao Fusheng truly valued were these three.

But thinking about it, it made sense. The development prospects of these companies were undoubtedly better than others.

Future Investment will not go public and will remain a private investment company," Zhao Fusheng said calmly. "However, the shares held by Future Investment should gradually be transferred to offshore companies. I don't want my descendants to pay a huge inheritance tax on the day I die."

Paying taxes is glorious, but Zhao Fusheng didn't mind reasonable tax avoidance.

Many people think that foreign tycoons are particularly willing to do charity, like Bill Gates and Mark Zuckerberg, who often donate 99% of their assets to charity funds.

Actually, this is a misunderstanding.

The inheritance tax in the United States is very heavy. For example, if Bill Gates had a hundred billion in inheritance, his children would have to pay fifty billion in cash to inherit that hundred billion.

And much of that hundred billion is in real estate, so raising fifty billion in cash is no easy task.

Of course, inheritance tax varies by state, and avoiding tax through charity is indeed a method.

Some say this is nitpicking, claiming Americans love charity. That's nonsense. If they truly loved charity, capitalists wouldn't have dumped milk into rivers during the economic crisis.

To put it bluntly, if all the charitable funds donated in the United States over the years were distributed to the American poor, they would have long achieved universal prosperity.

In the end, charity is an excuse. Throwing money into a charity fund not only allows for reasonable tax avoidance but also earns a good reputation. Why not?

Zhao Fusheng naturally didn't plan to do that. He would pay the taxes he should, but if there was an opportunity to protect his private property, he certainly wouldn't be polite.

There is a limit to dedication.

Just like many middle-class people in China, they do everything they should, yet enjoy almost no rights. Under such circumstances, it's no wonder they complain.