Chapter 122: C2C e-comrce
Li Mo’s words made Teacher Ma feel as if he had seen a ghost.
Taobao’s popularity wasn’t very high yet… Although there were many rumors online that Taobao was made by Alibaba, no one had solid evidence.
Now, Li Mo directly said his Taobao was doing well.
Did he really know, or was he bluffing?
Teacher Ma felt seen through, but he felt he couldn’t admit it.
“Mr. Mo.”
“You’re joking. I have indeed heard of Taobao.”
“But Taobao has nothing to do with .”
Li Mo continued, “Teacher Ma, who else has the vision to favor the C2C model besides you?”
“Only you. The owner behind this website can only be you.”
Teacher Ma was montarily speechless.
No matter how skilled he was in communication, he felt the difficulty of outright lying was too great.
“This company really isn’t mine…”
Before Teacher Ma could finish,
Li Mo added, “Let’s talk about investing in Taobao.”
“I know you can’t divert too much funds from Alibaba. So although you want to develop Taobao, you are sowhat willing but unable.”
Teacher Ma fell silent. He looked at his many confidants nearby.
He put the phone on speaker…
He needed to discuss this matter with them.
Li Mo also turned on speakerphone. The Five Tigers were all listening intently.
A negotiation over investing in Taobao shares quietly began under everyone’s witness.
Teacher Ma knew that since Li Mo had said this much,
It was impossible for him to keep hiding it.
He had hoped to let Taobao develop低调 discreetly…
But his funding issue was always a thorn. The difference between his financial resources and those of a major capitalist like Li Mo was not small.
“Mr. Mo, since you’ve said this much, I won’t hide it anymore.”
“Taobao was indeed created by .”
“But it’s still only in its early stages.”
“The current user base is only a few hundred thousand.”
“It can only be considered a small website for now.”
The promotion costs for Taobao were already giving Teacher Ma headaches.
Although Alibaba’s B2B model was very successful, the user base was only reflected in corporate users.
The actual traffic wasn’t as terrifying as portal websites. Relying on his own traffic to promote a C2C comrcial website that required a huge user base wasn’t very realistic.
“Even so, I know Taobao’s future developnt potential will be extrely formidable.”
“So I plan to invest in Taobao.”
“To purchase a certain amount of shares.”
“And it’s the sa condition as before: my board voting rights will be fully delegated to Teacher Ma.”
Li Mo knew that Teacher Ma’s luck was inherent. Only by obtaining Taobao shares could he get a piece of this cake.
Teacher Ma was, in a sense, like Ma Tengyun, a son of fortune.
Teacher Ma couldn’t help but feel tempted.
He did need soone to invest. Li Mo seed like a very good choice.
Not only was Li Mo wealthy now…
But he also wouldn’t interfere with his internal decisions. With his voting rights delegated to him,
Taobao would also be under his sole control in the future.
With such good conditions, he seed to have no reason to refuse.
He looked at Cai Chongxin, who indicated they should first hear what Li Mo had to say.
The many Alibaba executives all looked serious.
“Mr. Mo, how many shares of Taobao do you want?”
Alibaba could go public soon, so Teacher Ma felt he could cash out so liquidity to support Taobao’s developnt.
If Li Mo wanted too many shares, he was unwilling.
“I want 80% of the shares.”
As soon as Li Mo said this, Teacher Ma instantly exclaid in surprise.
“Impossible! That’s too high!”
“I can offer at most forty percent of the shares!”
In his anxiety, he revealed his expected bottom line.
80% of the shares seed to him like a lion’s enormous demand, crazy!
This condition was truly sowhat difficult for him to accept.
“Teacher Ma, don’t worry first.”
Li Mo said unhurriedly.
“Although the C2C model will be the mainstream in China in the future, don’t forget there’s a leader in e-comrce platforms—eBay—currently occupying over eighty percent of the C2C e-comrce market share.”
“Facing such a major enemy, are you sure you won’t lose your shirt?”
“Instead of defeating eBay?”
Teacher Ma fell silent. What Li Mo said was true…
eBay was now the QQ of the C2C e-comrce world, with absolute dominance.
His confidence in Taobao was also built on beautiful visions of the future. But if it officially went to war with eBay…
Would eBay completely destroy Taobao as effortlessly as QQ did to Lianzhong?
He also felt very unsure.
“Moreover, there are too many unknowns on the entrepreneurial road.”
“If Teacher Ma doesn’t agree to my investnt, I can also have Tengyun create a C2C e-comrce website. You’ve seen QQ’s ability to develop in other areas now.”
These words really made Teacher Ma sowhat panicked…
QQ’s previous dominance truly made him realize the terrifying aspect of instant ssaging.
With instant ssaging as the core, it continuously radiated and annexed other areas!
If QQ did C2C e-comrce, could he really withstand it?
For a mont…
Teacher Ma really backed down. Being an enemy of Li Mo, although he was unwilling to admit it, he still felt sowhat panicked inside.
After Li Mo said this, he was already prepared to *cede a significant portion.
[*give up (power or territory.)]
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