Largest M & A in Internet history in China

        

One of the largest and most influential mergers and acquisitions in China's internet history is about to kick off. The main character is Yang Zhiyuan, chief of Yahoo!, two major network giants from east and west, and Jack Ma, CEO of Alibaba. Yahoo will invest $1 billion in Alibaba and earn a 35% stake. Yesterday, Forbes disclosed the above news.
According to analytics from sources, Yahoo's $1 billion is actually just a dowry. The transactions between the two sides are centered around Yahoo China, and Yahoo China is likely to be "married" to Alibaba, this completely solves the localization problem that has long plagued its development. In this regard, both Alibaba and Yahoo China said they would not comment.
$1 billion Yahoo shares
Yesterday, Forbes, a world-renowned financial magazine, said Yahoo plans to acquire 1 billion of Alibaba's shares at nearly $ 35%, it will become the largest foreign investment in China's Internet industry so far. It is understood that the two sides will announce the relevant content of the merger in the near future.
Although Alibaba and Yahoo China's public relations departments did not comment on the above news, the merger details were confirmed by the relevant sources. It is understood that due to the large number of assets involved, the negotiation process is relatively complex, but the negotiations between the two sides have recently reached an agreement. Yahoo shares in Alibaba with a share of $1 billion, making it one of Alibaba's largest shareholders, therefore, Alibaba will also obtain powerful support from Yahoo in terms of search technology.
However, analysts from sources believe that the payment of $1 billion is not all of the content of this merger, but a dowry sent by Yahoo ", transactions between Yahoo and Alibaba will eventually fall into Yahoo China.
Yahoo China incorporated into Alibaba
At the end of last month, Yahoo China's president Zhou Hongyao announced that he would leave the company by the end of August. So far, the candidates for the new president are still uncertain, and the future direction of Yahoo China has become a suspense. In an interview with reporters later, Zhou Hongtang summed up his experience as president of Yahoo China for one and a half years and concluded that "Yahoo China should continue to be headed by a leader in localization ".
After entering the Chinese market five years ago, Yahoo China's performance has been unsatisfactory and its lack of localization strategy and tactics has been regarded as the crux of its failure to succeed. Two years ago, Yahoo bought 0.12 billion million local network Enterprises for $3721, and invited Zhou Hong, the founder of 3721, to become the president of Yahoo China. In just over a year, Zhou Hongyao has made great achievements in search, email, and other fields by virtue of his rich experience in the localization market and powerful market promotion.
"Directly incorporating Yahoo China into Alibaba will become the most reasonable arrangement after Yahoo shares in Alibaba ." Some people have said. It is understood that after being integrated into Alibaba, Yahoo China will directly become part of the asset of the local network enterprise, and then completely implement localization, it will also break through its policy restrictions on development portals and other businesses.