Chapter 325

However, for such a century-old company, Lin Yi still had no clue.

Moreover, according to what he understood, although Panasonic had been declining in recent years,

and its market share in Long Guo had been sliding, it still had quite a few production bases.

The industries involved included flat-panel TVs, air conditioners, refrigerators, and so on.

At least tens of thousands of Long Guo people relied on this enterprise for their livelihood.

Therefore, if Lin Yi wanted to retaliate against Panasonic, he had to ensure he did not affect these people's livelihoods.

"Investigate first and then decide!"

Lin Yi thought this way.

However, as the market recovered, Fengyi Technology's production lines became busy again.

It was just that soon the people of Long Guo discovered that in the past, they could buy Chaoba batteries on Alibaba's Taobao, Tmall, and other platforms.

Now that the Alibaba group platforms had delisted Chaoba batteries, they had not relisted them.

What does this mean for Alibaba? Are they preparing to go against the official media?

However, soon Fengyi Technology released news on its official website,

stating that all future products of the company would not be listed on Alibaba group platforms.

If any Fengyi products appeared on Alibaba group platforms,

Fengyi Technology would have reason to believe their distribution channels were illegal.

In response, Fengyi Company would cancel the three-guarantee services and other support for such products.

With the issuance of this statement.

Additionally, Fengyi Technology filed a lawsuit with the Songjiang District Court in Mogu.

Alleging that Alibaba, without investigation or notification, had unauthorizedly delisted Fengyi Technology's products,

which seriously damaged the company's reputation and caused enormous losses.

Fengyi's demands were that Alibaba must formally apologize to the company,

and compensate for the losses with 100 million yuan.

Regarding this lawsuit, the Songjiang District Court in Mogu immediately accepted it,

and on the same day, a summons was delivered to the Alibaba headquarters in Hangcheng.

When Alibaba received the summons, they were stunned; they truly did not expect a battery company like Fengyi Technology to be so tough.

They directly filed a lawsuit against Alibaba.

Actually, after the official media, especially the military, got involved, Alibaba immediately knew the other party was not someone to trifle with,

and promptly quietly relisted various Fengyi Technology products.

But who would have known that the other party simply closed the store and left.

Furthermore, the other party's official statement declared that they would no longer cooperate with Alibaba from now on.

Only at this point did Alibaba realize the seriousness of the situation.

And with this lawsuit, the news reached Old Ma.

This man, whose face resembled an alien's, immediately flew into a rage.

"Who did this? Who told you to do this!"

Jack Ma questioned the senior executives.

If before, Jack Ma might not have cared much about an emerging battery enterprise like Fengyi Technology,

after all, its influence was limited; even if Fengyi Technology's products were no longer sold on Taobao, what difference would it make?

But with the news emerging that Fengyi Technology was a Long Guo equipment manufacturer,

the implication was different.

Alibaba might not worry about Fengyi, but did they not need to worry about the military behind the other party?

Do you believe that if Jack Ma provoked the military,

the military would dare to directly seal off Alibaba the very next day?

And guarantee that the Hangcheng government would not dare to make a move.

Ultimately, matters of national defense industry are greater than heaven; no matter what, everything must yield to this.

Of course, this is the most extreme scenario; under normal circumstances, the military would not seal off Alibaba.

However, the fact that Alibaba provoked Fengyi Technology is undeniable.

Fengyi Technology is a partner of the military, which is equivalent to Alibaba indirectly provoking the military.

No wonder Jack Ma flew into a rage.

As a result, a vice president of Alibaba in charge of this matter said:

"This represents Mr. Sun's will!?"

"Mr. Sun's representative!!"

Jack Ma naturally knew who the other party was referring to as Mr. Sun.

Undoubtedly, it was Alibaba's major shareholder, Sun Zhenyi,

except that he was a Korean-Japanese person.

However, the representative he dispatched to Alibaba was a genuine Japanese person.

Alright! Jack Ma roughly understood what was going on.

After all, it is widely rumored on the internet that this incident was carried out by Panasonic, a Japanese multinational corporation.

Given Panasonic's status in Japan and the electronics industry,

getting a Japanese person to obey his command was very simple.

Thus, Jack Ma immediately reported the matter to Sun Zhenyi and simultaneously dismissed the vice president.

In response, Sun Zhenyi expressed great surprise.

He immediately recalled his representative in Long Guo to the domestic country; as for whether there would be punishment, that remained unknown.

And now Jack Ma had to deal with a pile of messes.

With the announcement released on the Fengyi Technology official website and the summons from the Songjiang Court in Mogu,

for a time, many netizens and media outlets became excited.

Fengyi Technology was about to go to war with Alibaba!

Meanwhile, Alibaba immediately held a press conference regarding the matter to explain:

"This matter was due to the negligence of some staff members; our company has already dismissed the staff member in question,

and we apologize to Fengyi Technology for the experience they encountered!"

However, the reporters did not want to hear this; being well-informed, they immediately asked:

"I heard this was a demand from Alibaba's Japanese shareholders; is there any truth to that?"

"No, this was merely a mistake by an Alibaba employee!"

"I heard the cause of this matter was Matsushita from Little Japan; I wonder what Alibaba's view on this is...?"

"No comment; we at Alibaba know nothing of these matters; please do not speculate..."

But the netizens did not buy it.

They one after another accused Alibaba of colluding with Little Japan to suppress Long Guo's outstanding enterprises.

Were they preparing to become Little Japan's lackeys?

Jack Ma deeply understood the impact of this matter; if things went wrong, he and Alibaba would become traitors.

Thus, he asked someone to find Lin Yi's contact number.

"Lin Zong, on the account of me, Old Ma, withdraw the lawsuit; there is no need to make the matter this big!"

Hearing Jack Ma's words,

if Lin Yi had previously held a bit of admiration for this Jack Ma, after all, at this time he had not yet collapsed,

he was considered a role model for entrepreneurship among Long Guo people.

But ever since the incident of Alibaba delisting Fengyi Technology's products occurred,

Lin Yi had not a shred of goodwill toward this person.

Even though Alibaba's market value was 180 billion US dollars, in terms of personal true wealth,

actually Lin Yi was not much worse off than Old Ma.

In 2015, Old Ma's net worth was 22.7 billion US dollars.

Even though Alibaba's market value had risen quite a bit this year,