Ma Yun: Alipay Rose Gate

This looks like a play. After experiencing six years itch with YAHOO, Ma's helm Ali strives to get her core member Alipay to return, while big shareholder YAHOO tries to stop at any cost.

Ma Yun, who has always been calm, is also anxious this time. In the case of YAHOO's testimony, he insisted that Ali and YAHOO were "discussed and confirmed".

Ma Yun's anger and urgency showed that it was not as simple as a play.

Behind the scenes is Alipay, the fate of Ali.

In May 12th, YAHOO issued a statement that the pfer of Alipay ownership in August 2010 and the actual breakup of Alipay in the first quarter of 2011 were two statements.

Two days later, Ma could not wait to reply: "Alibaba has always insisted that everything is 100% legal and 100% pparent to shareholders.

If the board did not know, I quietly did this thing. Will someone believe it? "

At this point, YAHOO and Ali insisted on each other. When "no notification, no approval" met with "discussion and confirmation", Alipay's reorganization was deeply rooted in Luo Sheng men.

Ali's fraud has just passed. In the face of accusations that some "anti horse faction" did not respect the commercial contract, Ma Yun pferred the ownership of Alipay to Alibaba Agel Ecommerce Ltd, a Zhejiang Alibaba holding by itself.

In June 2010, the central bank issued the "non-financial institutions payment services management regulations" issued in the form of 2 order. Since September 1, 2010, non-financial organizations engaged in payment business should apply for the payment business license within 1 years.

This means that if Alipay has not yet obtained the payment business license in September 1st this year, it will be closed.

Moreover, if Alipay wants to get a license, it is impossible to get it as a foreign capital.

However, Ma and management in Ali group relative to YAHOO's 39% stake is not absolute holding, Alipay to solve the "take card risk" must be split out.

The next step is the pfer of shares of Alipay.

In the attitude of maximizing economic benefits, Ma expressed his absolute distrust of YAHOO: "I have no confidence in them. I will discuss what is written clearly and talk to us later."

Electronic payment, as a new industry, has potential for profit growth.

After the change of Alipay's equity, YAHOO's profits as shareholders may be damaged.

The fact is that YAHOO's profits have been damaged by Ali's assets as one of its core values.

On the second day when YAHOO submitted regulatory documents to SEC, its share price fell by 9.8%.

"Now it is fair to say that the public is reasonable. We have not said that as the maternal side, because the matter has not yet settled."

Ma Yun said: "I have only one way to make the right decisions, consistent with the national laws, the principle of pparency, and consistent with the principle of sustainable development of the group."

Ali B2B company CEO Wei Zhe after class, has always stressed that Ali is 100% legal, 100% pparent Ma Yun, should not want to wear a betrayal hat.