Ali was fined 18.2 billion, completely changing the situation, and Ma Yun became the biggest winner!
In the past three years, Jack Ma has had a difficult life.
In October 2020, Jack Ma was at the Shanghai Bund Financial Summit"Suddenly**"and publicly claim the Chinese banking system"Lack of innovation", still using the traditional "Lombard thinking".The implication behind Jack Ma's remarks is that banks are still in the traditional sense"Mortgage", while Ant Financial, which is helmed by Jack Ma, depends on"Credit"。What Jack Ma means by this is that banks are still using traditional"Mortgage"way, Ant Financial, which is controlled by Jack Ma, is based on"Credit"This indicates that its business model is more advanced. Jack Ma's remarks herald a complete departure from traditional banking at Ant Financial Services Group.
a) Ali"Change of heart"
I don't know if it was a casual question, or whether it was expected, just nine days after Jack Ma made the above remarks, the relevant authorities quickly halted Ant Financial's listing plan. Subsequently, the regulatory authorities began to investigate various possible problems of Ant Financial Group, and the results of the investigation showed that Ant Financial Group had major operational risks, and the three departments jointly issued a document to impose an unprecedented penalty on Ant Financial Group, amounting to 712.3 billion yuan!
In addition, Alipay belongs to the common people"Money bags", this national financial app can never be completely in the hands of Jack Ma. As a result, in 2023, under the supervision of relevant departments, Ant Financial launched the reform of equity division, and after a series of adjustments, Ma Yun is no longer the controller in the real sense, and Alipay has become a company without an actual controller.
Alibaba was also fined 18.2 billion yuan by relevant departments and forced merchants to do so by JD.com"Choose one of the two"。
In addition to the hefty fines, Alibaba is also facing a squeezed market space from competitors. In particular, Didi's rapid rise poses a huge threat to Alibaba: in the third quarter of fiscal 2023, Didi's revenue increased by 94%, compared to Alibaba's revenue growth rate of only 8%; In December 2023, Uber's market capitalization even surpassed Alibaba's to become the top three e-commerce companies in China.
In contrast, the market value of Alibaba at its peak reached 850 billion yuan, and now there is only 180 billion left, and in three years, the market value has shrunk by nearly eighty percent.
Ali fell, and Ma Yun had unlimited scenery.
It seems that Jack Ma is in crisis"The biggest winner"。Since 2014, Ma Yun has been in Ali's shares, and from 2017 to 2020, Ma Yun has been in Ali's shares, the largest of which is 53.9 billion, and in 2020, it happens to be the highest point of Alibaba's market capitalization, so Ma Yun's wave of high dividends is like opening an eye in the sky. """Admiral.
After the 2020 Shanghai Financial Summit, Jack Ma gradually stepped down from his position at Alibaba and faded out of people's sight. Then, Ali suffered a series of crises, and its market value plummeted. Although Ali has taken a series of self-help measures, such as "the return of veterans", "spin-off", "reorganization", "listing", etc., and have achieved certain results, the effect is not obvious.
And now, Ali wants to turn the tables, and the only way out is to let Ma Yun come back! Four years after Jack Ma disappeared, Jack Ma bought 50 million yuan of Alibaba shares, and Tsai Chongxin bought 1500 million yuan in Alibaba shares. In addition, since July 2022, Son's shares in SoftBank have begun to liquidate, gradually decreasing from 7% to about 05%。After a series of operations, Jack Ma has replaced SoftBank as Alibaba's largest shareholder.
Last year, Jack Ma returned to Alibaba, which was the "most important change" in Alibaba's 24-year history. Some time ago, Japan's SoftBank (Softbank) replaced Jack Ma and became Alibaba's number one shareholder. All this indicates that Ma Yun will return to the throne of Ali, a giant.
In addition, the industry generally believes that the current valuation of Ali is seriously undervalued, and Jack Ma's"Throw high and suck low", not only brought huge profits, but also replaced SoftBank's control on Ali and made a big profit! What are your thoughts?