Reborn multinational giant

Chapter 428: Splitting Paypal

Since eBay spent US$1.5 billion to acquire paypal in 2002, paypal has developed independently as a subsidiary of eBay, with an independent business system and CEO and other management. However, in major decisions, paypal is still affected by the parent company eBay’s management and Restrictions of the board of directors.

"Welcome to you, Mr. Fang Zhe!" The head of the paypal company, the current CEO David Marcus, shook hands with Fang Zhe with a warm smile on his face. It was beyond Fang Zhe to show up at the door to greet him in person. Expected.

Before coming, Fang Zhe had done detailed homework on paypal, as well as the senior and important shareholders of paypal’s parent company eBay, and combined with the various past stories he has learned about paypal and eBay from his past life to this life, Fang Zhe felt that he was here. Line is more like playing a game of clearance.

David Marcus in front of him is a professional manager. After eBay acquired Paypal in 2002, he was assigned to paypal by the eBay board of directors as CEO. In the previous life in 2014, because of the separation of Paypal from eBay from PayPal resigned.

Fang Zhe was surprised that David Marcus would personally greet him at the door. According to the unspoken rules, Fang Zhe was not worthy of the CEO of a well-known company like Paypal to meet him at the door.

"If you have nothing to do, you will steal if you do it!"

Fang Zhe thought this way, but with a professional smile on his face, the follower David Marcus came all the way to the top conference room.

After the door of the conference room was pushed open, a whole row of seven or eight people sitting at the opposite side of the conference table all looked at the door. Fang Zhe, who had done enough homework, glanced lightly and recognized that except paypal. In addition to the senior management of eBay, it also includes eBay's senior management and shareholders.

This is not surprising to Fang Zhe. As early as a few months ago, Fang Zhe had sent representatives to greet paypal executives such as David Marcus and had preliminary communication because of the special relationship between paypal and eBay. It's normal for eBay's top executives and important shareholders to appear here.

After a simple welcome greeting, Fang Zhe sat in the middle of the conference table. Huang Siyi and others who were accompanying him sat on both sides of Fang Zhe in turn. Opposite Fang Zhe was the paypalceo David * Ma who had just seated. Cous.

Fang Zhe turned his head and glanced at Huang Siyi beside him, and he opened his mouth with interest:

"Mr. Marcus, I would like to briefly introduce the basic situation of our Huizhong Company to you and everyone present here.

Our Huizhong company is a mobile Internet company founded in China. Its core business includes mobile social communications, games, cloud computing and other content. Although our Huizhong company was founded in China, its various businesses span the world.

Our company’s mobile social software WeChat currently has more than 600 million users around the world. You must have heard the name of this software. Its mobile games, web games and other game businesses have more than 300 million players worldwide. In the field of cloud computing......

Before, the representative of our company has expressed to you the intention to cooperate with your company in the field of mobile payment. Today, our company’s chairman and CEO Fang Zhe also visited your company to discuss this matter in person. I hope we can discuss the relevant content today. Reach a specific cooperation agreement!"

After showing off Huizhong’s muscles, Huang Siyi expressed his position of cooperation. In fact, such opening content is indeed effective, although before Fang Zhe and others came, including Marcus and paypal, The top eBay executives have already learned a lot about Huizhong and Fang Zhe, but today I heard Huang Siyi talk about Huizhong's strength, Marcus and others still felt a little shocked.

The game business and cloud computing business all over the world, as well as the mobile communication software WeChat with more than 600 million users around the world, each is enough to make a large-scale Internet company.

However, now, these businesses are not only concentrated in a company in Huizhong, but this company has done all this in just over three years. The founder is a young Chinese who is only 24 years old. The richest person under 30 in the world!

"Mr. Huang, I don't know what areas your company intends to cooperate with our company in, and in what way?" A paypal executive sitting next to Marcus, acting as an equal Kus asked a question.

Huang Siyi glanced at Fang Zhe and saw that Fang Zhe hadn’t said anything, so he continued: “To be honest, we plan to access paypal payment in some international versions of WeChat!”

Wow!

As soon as Huang Siyi spoke about this, the paypal team sitting opposite was a little restless. Although due to the occasion and identity, everyone did not speak loudly or gaffes, but Fang Zhe's eyes were looking forward to each other.

Long before Huizhong sent representatives to contact PayPal, Marcus and other paypal executives guessed and discussed the intention and method of cooperation between Huizhong and them. One of them, they most hoped and most dared not think about, is WeChat China Access paypal payment, because in their opinion, Huizhong cannot give such a big cake to a company like paypal that has nothing to do with them.

So when this big cake and big pie really fell, Marcus and others' heartbeats still accelerated a little.

"What conditions do you have?" Marcus, who had not spoken for more than ten seconds, opened his mouth.

This time, the big boss Fang Zhe personally answered his question: "Two conditions, first. Split paypal, and let Huizhong invest in paypal, second"

"This is impossible!"

Fang Zhe hadn't said his second condition. The middle-aged blond man who was separated from Marcus on the Paypal side directly rejected it loudly!

Fang Zhe noticed that Marcus, who was sitting across from him, looked a little ugly.

"It looks like I guessed it." Fang Zhe thought while turning his head to look at the middle-aged man who directly refused. This person, he knows, is eBay’s ceo John Donahoe, and Like Marcus, he is also a professional manager.

"Mr. Donahoe, what's your opinion?" Fang Zhe asked calmly.

Everyone in the conference room focused their eyes on Donahoe. Due to his identity, Marcus couldn't stop him from answering.

"Since you know that I am Donahoe, you should also know that I am the CEO of Paypal's parent company eBay. I am telling you on behalf of eBay that eBay cannot allow Paypal to be split from eBay. I can promise to follow you with Paypal. Cooperation, but I will not agree to your conditions for splitting paypal!" Donahoe showed a firm attitude between words.

Fang Zhe looked at the people on the opposite side of Paypal with different looks, and said slowly with a chuckle:

"Excuse me, is this your own meaning, or on behalf of the eBay board of directors?"

Fang Zhe’s question is no less than a slap in the face of Donahoe. Although he is the ceo of eBay, as a professional manager, can he represent the board of directors when he is paid to work?This question made Donahoe a little embarrassed and angry. Just when he was about to get angry, Marcus, who was sitting opposite Fang Zhe, said loudly:

"Enough, Donahoe, this is paypal, not eBay and the board!"