When Lao Ma first started Alipay, he didn’t even regard it as a payment tool, just a means of security.
In 2004, Alipay became independent from Taobao; in 2005, it reached partial cooperation with ICBC Online Banking. Only then did its payment function receive attention, its business began to expand, and its ambitions continued to expand.
In 2007, that is this year.
Alipay will launch a "Taobao" plan to explore markets other than Taobao. For example, it has reached agreements with The9, China Southern Airlines, Ctrip, etc. to carry out payment cooperation.
This plan lasted for 3 years, and it seemed to have achieved great results, but in fact it had many shortcomings. Because the user experience was not good, it took 7 page jumps to complete the payment.
The operation is cumbersome, bank verification is not timely, and "payment failure" often occurs, with a success rate of only 60%.
In anger, Lao Ma directly changed the CEO of Alipay, then communicated with many banks and launched a quick payment function, and then slowly got on the right track.
Later, Alipay became a financial tool.
It entered the Internet wealth management industry with Yu'e Bao, entered the Internet insurance industry with Zhongan Insurance, and entered the Internet credit industry with Huabei and Jiebei, completing its rapid layout.
It is not necessarily true that Lao Ma wants to do this. Behind this is the promotion of national policies - the "Thirteenth Five-Year Plan for National Science and Technology Innovation", which proposes to promote innovation in scientific and technological financial products and services.
Alipay was indeed innovative, but later the water was too deep and I didn’t have a grasp of it, even if I knew everything.
In contrast, JD.com and WeChat are also engaged in finance and lending, but their problems are much different.
Liu Qiangdong was not aware of these thrilling historical trajectories. When he heard this, he immediately said: "I have always wanted to do this. Taobao has Alipay, Tencent has Tenpay, we should also have one.
The Shopping Festival does need our own payment tool, which is more convenient for users, but I am worried that Alipay will expand outward and occupy other markets, and we will start late and be unable to catch up."
He can see that Alipay will expand outward, which is already very powerful. Yao Yuan smiled and said: "When your territory is small, it is called enclosing the territory for self-interest. When the territory is infinite, it is called closed-loop ecology.
We develop payment tools for our own use and cannot develop externally.”
Yao Yuan left a message: External development is a matter of the future, and it does not rely on this, it relies on WeChat payment!
"Oh, I understand. Why don't we learn from Taobao? Let's learn from Tencent, like Tencent Tenpay? That's fine. We have a lot of business and don't have to worry about not having users."
Dongzi understood, paused, and said: "Three years of betting is enough for us to develop, apply and promote it, but this thing must cooperate with the bank. I always have a sense of fear, worried that we can't control it, will we?"
…”
He was momentarily stuck.
"..."
Yao Yuan was silent for a moment, then took a notebook and wrote two words: "Relationship!"
Dongzi picked up the pen and wrote a few words, which was Zhou Yunfan's name.
Yao Yuan shook his head and said softly: "He is not enough!"
"That……"
"let me try!"
Of course Yao Yuan knew who to look for, and he was wondering if he could send a message through Yin Yin's grandfather's circle, since they were getting married anyway.
Finance is a natural aphrodisiac and a natural poison. You don’t know to what extent it will expand, let alone how low it will fall.
The so-called financial boss relies 90% on relationships and 10% on ability.
Not to mention Dongzi, even he has a sense of fear. Lao Ma has a true saying: "When I founded Alipay, I was prepared to go to jail..."
Now I'm not in jail, I'm enjoying a hot spring bath in Japan.
The two chatted for a long time, all about the unspeakable 404 content, but they finally settled on a name - MaiMai Pay!
………………
Shortly after the Spring Festival, Wu Jun completed the military order: MaiMai users exceeded 100 million!
Adding up all the instant messaging software on the market, the situation suddenly became clear. There are only two at the top: QQ and MaiMai. The pressure on QQ has increased dramatically!
The Community Department is celebrating its excellent results, but little does it know that a new opponent is sneakily preparing to steal the house.
Beijing, Thousand Oaks Group Headquarters.
Wang Xing walked into the conference room bored, found his name tag in the front seat, and sat down. He didn't have to come to the meeting, but there was nothing to do if he didn't come.
Last year, Xiaonei.com was acquired by Chen Yizhou's Thousand Oaks Group, and Wang Xing signed a restriction agreement.
This is a common practice in acquisition cases. It requires the founder of the other party not to start a new business within a certain period of time. Usually, he will be given a sinecure position as a vice president, and he will not do anything.
Wang Xing is currently taking a job as a casualty. The agreement is for one year, and he will be given an extra sum of money for each additional year he stays. He does not want to take the money, he just wants to wait until it expires in the second half of the year, leave and continue to start his own business.
After waiting for a while, Chen Yizhou and other senior executives came in.
In the 20-year wave of the Internet, heroes have emerged in large numbers, each with their own style of doing things.
For example, Zhang Chaoyang likes to give his subordinates space to perform, but when his subordinates make some achievements, he will take charge of them personally, and then rush to the street... Over and over again, things get worse and worse, and finally they just fail, and he can only imagine the universe and the mysteries of physics.
And Chen Yizhou's style is good at deceiving investments.
Investments come from various acquisitions, and we use the fastest time to expand our territory, try our best to commercialize, prioritize profits, then deceive investments, and then acquire and expand...
Thousand Oaks Group doesn't seem to have a good reputation, but it secretly acquired Maopu.com, donews and Xiaonei.com.
Maopu was a high-quality product, but Chen Yizhou took it down with both force and force, and immediately put it into commercial operation and started making games, which made old users very angry.
"Games and community are the two fists for our future development. The game is based on Maopu, and the community is based on the school network. We will take further steps this year!"
"The company raised 75 million yuan last year. Don't think that you can sit back and relax. The Internet is a money-burning industry. Just yawn and it will be gone. Only when there are more users, activity increases, and the data is good, will the next round of financing follow up.
!”
Chen Yizhou was very direct, saying: "The community is under pressure from wheat nests, and everyone must be under great pressure, but it's useless no matter how good their data is, because they are not open to investment.
Moreover, Maiwo has reached a bottleneck, and user growth is slow. The current situation is like MaiMai challenging QQ. We are also the latecomers, not seeking to surpass, but only seeking to occupy market share..."
From a certain point of view, Chen Yizhou and Yao Yuan have similar ideas. They both engage in community and games. However, he pays too much attention to profits and often changes the product beyond recognition. Instead, he loses the opportunity to make it bigger and stronger.
After Chen Yizhou finished speaking, he asked Wang Xing indifferently: "Do you have anything to add?"
laugh!
Wang Xing sneered in his heart and said: "No, your arrangements are already perfect."
"That's good!"
"In the Internet business, ideals cannot be used to make a living. The community is the outlet. What we want is investment and listing. When we successfully go public, let Maiwo continue to play with their ideals!"