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Chapter 1182 Phoenix Payment

 Facts have proved that Zhang Yiming can make Byte into the status of a major Internet company today, and his level is not in vain.

Jing Gao put down the tea cup in his hand, and somewhat understood why Zhang Yiming would not punish his internal executives, but was willing to treat him to a meal to resolve the "grievances". Because Byte has a need for alliances!

Don't look at what Zhang Yiming said that he offended many people when the Phoenix Group was strong. Isn't this the case with Byte now?

The world of the Internet is like the Warring States Period. One hero rises and another falls! And once the major Internet companies that become the hegemons obtain the largest traffic on the entire network, they are bound to monetize the traffic.

Then, he will enter the Internet fields such as social networking, e-commerce, payment, taxi hailing, food, games, film and television. This is the only way to go!

Byte is now the overlord of the Internet! It holds the killer application "Douy". They also offend people when they expand their business territory. Currently, there are many conflicts between Byte and Tencent in various fields.

At the same time, he had a feeling that because of his change in mentality, he had inadvertently made a good move! It could solve the Phoenix Group's current "frustration" dilemma.

In fact, to be honest, he doesn't take Phoenix Group's current "predicament" seriously at all. Who cares about this, Shenhao? He can just spend money when there is a big problem! Now he can only adjust personnel and size

Don't care about anything.

During the more than a week since he returned to the capital, he has been spending time with his beloved wife Weiwei. Occasionally he goes out to spend time with his beauty. When he is at home, he is also studying recipes and watching short videos related to food.

He is in the "rest period" now!

Although he has a grand vision and wants to have a flag draped on his coffin after his death as the final honor of his life. But as the helmsman of his huge business empire, he can just distribute the work and not care about the daily trivial matters.

I heard that Brother Dong went to the United States to study, and spent two days every weekend watching the reports of senior executives. He would read the one-hour briefing without hesitation, and was too lazy to spend time on it. You should enjoy life!

With his current power and status, if he does something, the time span for success or failure is very long. It is not less than the normal time of a few days.

Of course, it is also a good thing for him to be able to solve the Phoenix Group's predicament now.



"What Mr. Zhang means is that he is willing to integrate Phoenix Pay into Douy and tik-tok? If so, I agree to act in concert with Byte."

Jing Gao was not pretending to understand and deliberately misinterpreting Zhang Yiming's meaning. But since he had been wronged, Zhang Yiming could not override it by proposing cooperation now. Zhang Yiming had to offer benefits.

For the Phoenix Group, the reason why it has managed to avoid declining into a second-tier Internet player even after the core business of Uber continues to decline is not because Phoenix Films, which has an A-share valuation of RMB 60 billion, is not re-establishing its presence in Hong Kong.

iQiyi, which is listed on the island with a market value of US$5.5 billion, has a meager market value of about US$4 billion. The more critical reason is that it owns Phoenix Pay, which has the third largest share in the mobile payment field.

However, due to the Matthew Effect, the only two common payment methods in China are Alipay and WeChat Pay.

The application scenarios of Phoenix Payment are all in various companies affiliated with Phoenix and Taichu Group. But this is also very remarkable. Because the companies under Jinggao's name are involved in enough industries! The main thing is that the cost is cheap.

As we all know, Alipay and WeChat now charge fees for cash withdrawals or bank card transfers. The fees of Phoenix Pay are the lowest among mobile payments.

Therefore, it currently occupies 3% of domestic mobile payments. Based on Alipay, which is preparing to go public and has a valuation of more than 200 billion U.S. dollars, Phoenix Pay is worth about 100 billion U.S. dollars.

Therefore, Jing Gao seized the opportunity at this time and hoped that Douy would relax the restrictions on Phoenix Payment!

You know, because Alipay and WeChat are irreplaceable, almost all major Internet companies have opened up Alipay and WeChat payment interfaces.

Hey, except for one big factory.

Jingdong!

His family does not support Alipay. It may be that the relationship between Dong Ge and Ma Yun has been entangled for more than ten years and cannot be resolved.

Phoenix Pay does not have this benefit. Many manufacturers that have a bad relationship with the Phoenix Group will not open this payment method because users do not necessarily need to install "Phoenix Pay" on their mobile phones. But basically everyone has it on their mobile phones.

Both have Alipay and WeChat.

Zhang Yiming shook his head speechlessly and weighed it for a moment: "Mr. Jing, in principle, I agree with Douy and tik-tok to access Phoenix Pay. However, I need to clarify that Byte itself also has a third-party payment license. I do not guarantee that Phoenix

Payments will see a lot of use cases in our software.”

Jing Gao said calmly: "It doesn't matter. The main thing is that you have the qualifications to enter. We at Phoenix Pay will conduct promotional activities to increase market share."

Zhang Yiming: ""

To be honest, he can be considered a rich man in China! Even if you include all kinds of aristocratic families and old money, his net worth can still be ranked high. But for some reason, he can always feel that there is something in Jing Gao's words.

Share "heroic".

The arrogance of treating money as dirt.

After a moment of silence, Zhang Yiming said with emotion: "Mr. Jing, I always feel that you will start another war in the field of third-party payment! The management department above may not be willing for you to compete again! Alas, those of us who entered the game late will basically have no way to survive.

.You can only enclose the territory and be cute.”

Jing Gao was keenly aware of the weakness in Zhang Yiming's words, and shook his head slightly in his heart. High-end business wars ultimately use administrative penalties, physical elimination, and criminal law as means. The pressure on the helmsman is still a bit high.

There is no doubt that if Phoenix Pay continues to promote business on Douy, Alipay and WeChat will definitely follow suit.

These three companies may not necessarily die. Don’t even think about other small third-party payment companies, they will definitely be doomed. Whether this will cause the management department above to put a ban on them is unknown.

But he definitely dares to bet!

The rise of Phoenix Pay actually robbed Alipay of its share. Just like WeChat Pay sent red envelopes to attack Alipay during the Spring Festival. Tencent has a habit of sneak attacks during holidays.

Jing Gao rang the bell and asked Li Wei to serve.

Later, Li Wei and two waiters pushed the dining cart in to serve the food.



Different from Shandong cuisine and Beijing-Shandong cuisine at Jinghe Club, the catering here at Blue Lake Club is mainly Beijing and Cantonese cuisine, and also provides high-quality Western food.

Tonight’s dishes include: boiled chicken, roasted goose, braised squab, baked lobster in soup, steamed Eastern star spot, ginseng with abalone sauce, boiled geoduck, garlic bone, Cantonese tea snacks.

The drink of choice is Feitian Moutai.

This kind of dinner is not just for eating, but mainly for chatting. Of course, Jing Gao and Zhang Yiming will not talk about the past when they refused to invest, but they will talk about their common experience of the "Wuzhen Internet Conference".

Zhang Yiming said: “When the Wuzhen Summit was the hottest in 2017, Cheng Wei and Wang Xin and I had a meal together to discuss the boundary issues of Internet companies.

One of them advocated that the business should have boundaries, and the other advocated that the business should have no boundaries. As soon as the words were spoken, Didi turned to the "local" and food delivery field. Meituan followed suit and entered the taxi-hailing field.

Mr. Jing, I think we may have the same view."

This is the brilliance of Zhang Yiming. When chatting, you must first talk about what you have in common!

For this meal, to put it bluntly, he still had a need. And he used the opportunity of showing off the information about the sexy woman to turn the crisis into an "opportunity".


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