After Ali was fined 18.2 billion, the game was completely changed, and Ma Yun became the biggest winner
Jack Ma has had an easy past three years.
Jack Ma on China's financial system at the Shanghai Bund Financial Summit in October 2020"**", he made it clear that China's banking system"Lack of innovation", still following the tradition"Pawn thinking".The implication behind Jack Ma's statement is that banks are still"Mortgage", and Ant Financial Group, controlled by Jack Ma, is based on"Credit"In other words, Ant Financial has a more advanced business model. Mr. Ma's remarks marked a sweeping break between Ant Financial and the traditional banking industry.
a) Ali"Change of heart"。
Nine days after Jack Ma's remarks, perhaps a casual question, or perhaps a long time ago, Ant Financial's IPO plan has been halted by relevant authorities. After that, the regulator began to investigate a number of problems within Ant Financial Group, and found that Ant Financial Group had serious operational risks, and the financial regulators of the three places jointly punished Ant Financial and imposed penalties on it, including: 712.3 billion yuan in penalties, as well as a comprehensive rectification of Ant Financial!
Moreover, Alipay belongs to the people"Money bags", such a national financial management app can never be completely in the hands of Jack Ma. As a result, in 2023, under the supervision of the relevant authorities, Ant Financial Group began to carry out shareholding reform, and after a series of adjustments, Ma Yun lost real control of Alipay and became a company without any actual controller.
Alibaba is also because of forcing merchants to join"Choose one of the two"was fined 18.2 billion yuan by the relevant departments, and JD.com was compensated by 1 billion yuan!
Alibaba's face not only huge fines, but also its competitors encroaching on its market. In particular, Uber's rapid growth poses a great threat to Alibaba. Compared with Alibaba's revenue growth of only 8% in the same period, the revenue growth in the third quarter of fiscal 2023 reached 94%; In December 2023, Pinduoduo surpassed Alibaba among China's top three e-commerce giants.
In contrast, when Alibaba was at its peak, its market value reached 850 billion US dollars, and now it has shrunk to 180 billion, and in three years, its market value has shrunk by nearly eighty percent.
Ali is out, and Ma Yun is on top.
Jack Ma appears to be in the midst of this crisis"The biggest winner"。Since 2014, Ma Yun has been selling Ali's **, from 2017 to 2020, Ma Yun's net worth was the highest, reaching 53.9 billion, and in 2020, it was when Alibaba's market value reached its highest point, and Ma Yun's huge capital outflow can be said to be"Open your eyes! "。
Since the Shanghai Bund Financial Summit, Ma Yun has successively withdrawn from all positions in Ali and gradually faded out of people's sight. Then, Ali experienced a series of crises, and the market value plummeted. Although Ali has taken a series of self-rescue actions, such as the return of veterans, spin-offs and reorganizations, and cross-industry listings, they have achieved some results, but the results are not great.
And now, Ali's only chance is that Jack Ma is back! After four years of disappearance, Jack Ma is back in the world of the Internet. According to reports, Jack Ma bought 50 million yuan of Alibaba shares, and Tsai Chongxin bought about 150 million Alibaba shares. In addition, Son's SoftBank Group has gradually reduced its assets from 7% to about 0 percent since July this year5%。After a series of actions, Jack Ma went from SoftBank to Alibaba's largest shareholder!
From Jack Ma's high-profile return last year, to Alibaba's "most important change" since its launch 24 years ago, and Japan's Softbank (Softbank) becoming the largest shareholder of Alibaba, it is a sign that Jack Ma will return to the helm of Alibaba.
Moreover, the industry widely agrees that Ali's current market value is seriously undervalued, Ma Yun"Hold high and suck low"The trend not only brought huge revenues, but also took away a controlling stake in Ali from SoftBank, which is the "big winner"! What are your thoughts on this matter?