Five hundred and ninetieth chapters Quartet wrestling
"He is very interested in the Fengshen universe you proposed, but suggested that we find a good screenwriter to connect the stories and characters.
He said that he didn’t have the ability, and he had no choice but to be the screenwriter of Nezha because of tight production funds.”
Hearing this, Zhang Yida laughed. After he intervened midway, Nezha's crew should have sufficient production funds.
But Zhang Yida still let Jiaozi continue to be the screenwriter. If he rashly changed the screenwriter, it might be better than the original work, and it might also lead to a commercial failure. He did not dare to take this risk.
"Then have they agreed to sign a long-term cooperation agreement with you?"
Zhao Erya nodded, "Of course I agree. Our agreement is that they will provide art resources to ensure that the style of each work is unified."
"By the way, I heard that your game team also approached them? They asked them to come up with character prototypes and said they were going to make a God-like MOBA game."
Zhang Yida smiled and said, "We call it video-game linkage. Once the video becomes popular, the game will gain popularity."
Zhao Erya nodded, she had also heard related theories.
"Do you think this video will be a hit?"
Zhang Yida was a little speechless, "Didn't you just say that the movie will definitely be a hit?"
Zhao Erya blushed. She just said it in a polite way. In fact, she didn't know whether it would be popular.
However, I still have a basic level of appreciation, and at least the art resources are good.
I just don’t know whether the audience will buy into this slightly middle-of-the-road “my fate is up to me” storyline.
Zhang Yida smiled and said: "I think there is a high probability that it will become popular. Nothing can be 100% sure."
"Then you'll feel more at ease if you say that."
Zhao Erya really has high hopes for the Fengshen Universe project. She has already planned that when Nezha is about to be released, the account matrix covering hundreds of millions of people around the world will all help promote it.
"I'm going to India tomorrow."
Zhao Erya was stunned for a moment, "It's almost the Chinese New Year, and you still have to go on a business trip?"
Zhang Yida nodded, "I encountered some troubles and I have to solve them. I will be back before the Chinese New Year."
Zhao Erya knew how big Ruixiang's territory was now, so she entered the cloakroom in a reasonable manner and began to pack Zhang Yida's travel clothes.
…
When Zhang Yida's Gulfstream private jet landed at New Delhi Airport, Baby Pay CEO Singh who was waiting here immediately came up to him and asked Zhang Yida and others to get on the bus.
Ma Jun and Lan Lan, who were accompanying them, got into another car, and Zhang Yida and Singh rode in the same car.
On the way, Singh talked about the troubles BBPay had encountered.
“Being purely Chinese-funded, we encountered many difficulties in the development process.
We need to face more scrutiny and questioning than Paytm."
Zhang Yida nodded, "Okay, I understand. I'm here to resolve this matter."
Singh sighed, "After Paytm received investment from Buffett's Berkshire Hathaway last year, its influence in the capital market has far exceeded ours.
You know, this is Buffett's first investment in India.
According to this gentleman's value investment philosophy, it is very likely that he will hold this share for more than 10 years.
Buffett has begun investing in mobile payments in India, which sends a signal to the outside world.
Google Tez and Amazon Pay were launched one after another, and Walmart acquired Flipkart, entering the mobile payment market on a curve.
The local Reliance Group has also launched its mobile payment application Jio money and payment bank Jio Payments Bank.
In addition, startups include Tiger Fund, Blackshirt India, Razorpay invested by Matrix Partners, and Freecharge, which was acquired by India’s third largest e-commerce platform.”
Zhang Yida frowned when he heard this. Foreign technology giants, local Indian giants, startups, and Chinese technology giants are all fighting together.
"By the way, isn't Paytm Mall the third largest e-commerce company? Now it has a new person?"
Zhang Yida was a little curious. In addition to mobile payments, Paytm also launched B2C e-commerce and wanted to fully copy Ali.
I heard that it is very popular in India. Could it be that the strategy failed?
Singh waved his hand, "No, Mr. Zhang, you don't understand. Paytm Mall has been providing cashback on a large scale before.
But unfortunately, they failed to find sales volume and unit economic benefits in the e-commerce field for individual consumers.
According to news from their logistics partners, Paytm Mall's average monthly transaction volume has been declining over the past few months.
Paytm Mall is a joke in India right now. They learn from China’s Pinduoduo and provide Indian consumers with high rebates on the purchase of Apple mobile phones.”
Singh spread his hands, "However, national conditions are different. After users buy iPhones, they continue to go back to Amazon and Flipkart for shopping.
Moreover, there are still many users who do not believe in such high rebates and dare not buy mobile phones on their platform.
At present, Paytm Mall has completely abandoned the B2C market and completely transformed into B2B.”
Zhang Yida smiled, "How can I say this? If you plagiarize, you will feel the pain now!"
I originally wanted to try out e-commerce in India, but looking at this, it’s going to be very difficult!
The first place in the Indian e-commerce market is Amazon, and the second place is Flipkart. This company is backed by Walmart.
The third place is the comeback startup Snapdeal, while Ali-invested Paytm Mall slipped to the fourth place.
If you look at the Chinese market, you will understand that the e-commerce market is amazing and only three companies with a relatively large market share survive. Other companies can only drink soup and not eat meat at all.
Looking at this situation, Ali’s e-commerce strategic layout in India is basically on the verge of collapse.
Zhang Yida feels that he can no longer jump into this big pit now. The time window has been missed, so he can only stay dormant and wait and see what happens.
Singh went on to introduce the current status of mobile payments in India, with the focus naturally being Paytm and its parent company One97.
Investments from Ali and SoftBank are also mainly invested in this parent company.
“In addition to Paytm and Paytm Mall, One97 currently also owns wealth management subsidiary Paytm Money and payment bank Paytm Payments Bank.
And because we are Chinese-owned, our application for payment banks has been repeatedly rejected.
However, now everyone understands that there is a problem with the positioning of payment banks.
Our country’s central bank has set the deposit limit for payment banks at 100,000 rupees, which is approximately RMB 9,848.
The move is to ensure that payment banks do not pull over urban dwellers and wealthy people who already have access to banking services.
At the same time, in order to reduce risks, the central bank also prohibits payment of bank loans to users and cannot issue credit cards.
The central bank also stipulates that 75% of deposits must be invested in government bonds with a maturity of no more than one year, and the remaining 25% can be deposited in commercial banks.
There is no money to be made from this. The company has already applied for closure and will not do this bullshit payment banking business."
Zhang Yida smiled and said that the Indian government is also cheating. It wants to launch inclusive financial services through payment banks, but it does not allow companies to make money.
This business model has trouble continuing. Although domestic Internet banks cannot issue credit cards, they can at least lend money, which is also the main source of income.
Singh added: “But it is feasible for us to apply for small finance banks. Small finance banks can provide small loans to customers and issue credit cards, and can also accept deposits of more than 100,000 rupees.
With 300 million users, we can definitely seek more business monetization models.
However, our current Chinese-invested status has restrictions, and it is basically impossible to apply for approval."
When Zhang Yida heard Singer repeatedly emphasize his status as a Chinese investor, he knew that he was dissatisfied with the status quo and was very eager to change everything.
So he said, "Singh, I can hand over control of BBPay to you, but you need to bear certain responsibilities and debts."