“New Opportunity?”

The few people here began to wonder in their minds, what are the new opportunities?

Zhou Yujie smiled and said, "The new opportunity is mobile payment!"

"Pay!" The senior executives of Toutiao knew that their boss spent a huge amount of money to buy a payment license called Huifutong, and later developed an APP version separately, but there was no news in the future.

Zhou Yujie said: "In fact, anyone can do this. Tengxun and Baidu have applied for a payment license, but only Alibaba has achieved almost monopoly. Tengxun Baidu has traffic but it is useless. Do you know why?"

Lin Youde thought for a while and said, "Because payment requires a lot of testing to be popularized on a large scale. Alibaba has Taobao, but Tengxun and Baidu do not, which forms a vicious circle. Alibaba has Taobao because payment is getting stronger and stronger, and payment is getting stronger and stronger, and it will in turn support Taobao to make big shopping.

Tengxun and Baidu can’t do much shopping, and the payment process is also an important factor.”

Zhou Yujie nodded and said, "Yes, so now Tengxun acquires Lashou.com and launches its own Tenpay, which makes Alibaba so nervous because they are also worried that such a large transaction volume of group purchases will give Tengxun enough time to optimize its payment software."

Since the launch of Quxin, the history of the Internet has undergone uncontrollable changes. When Quxin cooperated with Meituan, Zhou Yujie once expected that Tengxun would do group buying or acquire a company by himself, but Tengxun took this opportunity to use his own Tenpay, which was beyond Zhou Yujie's expectations.

History has really changed completely, and this has made Alibaba furious, but there is no way.

The core of Alibaba is Taobao and Alipay, among which Alipay has become a ticket to Alibaba's future mobile Internet. On July 1 this year, Alipay launched a QR code payment system. The initial trial was very effective, and Alibaba is also making every effort to promote the reform of this payment model.

According to Alibaba's plan, when QR codes are spread all over the country, Alipay will replace cash and become the only choice for people to consume. By then, the Ali Empire will be ten times stronger.

However, the core of this model is that Alipay is in a monopoly position in the payment field. Originally, this is fine. Even its competitor JD can only rely on Alipay. Dong Ge knew that his data would be obtained by Alibaba, but there was no choice.

However, at this time, the old rival Teng Xun suddenly entered the group buying field with all his might, blocked Alipay, and launched its own Tenpay, which caught Alibaba's senior management off guard.

What Tengxun lacks is actually enough payment opportunities to conduct trial and error, so as to optimize and improve Tenpay. All group buying companies, whether they are Meituan, Wowotuan or Lashou, used Alipay, and they could not use Tenpay.

But now Tengxun has acquired Lashou.com and has learned a rapid expansion model from Quxin, and then used this opportunity to optimize Tenpay.

Once it is really successful, Tenpay will enter the core lifeline of Alibaba, just like Quxin to Tengxun.

"No wonder Alibaba has always wanted us to continue to burn money with Teng Xun to grab the market." Zhong Guangwei said with a smile.

Zhou Yujie said: "The payment system requires a lot of transactions to optimize data. The reason why I want to do takeaway is that in addition to being optimistic about the takeaway market, another purpose is to first use my own industry to achieve this goal."

Zhu Wenbin asked: "Can you only use Huifutong to pay in today's preferred future?"

"No, take it step by step." Zhou Yujie waved his hand and said, "We first use a small discount to target a small number of people, slowly process the data inside, and wait until it is almost done before slowly expanding the scope. This matter cannot be rushed."

Payment cannot be made in large-scale errors, and it cannot be made in one go.

This is the difference between heaven and earth from other Internet industries. Nowadays, Toutiao, Quxin, and AppTreasures make mistakes, and the biggest consequence is that users are lost.

But once there is a problem with the payment system, it is a financial problem. If a software covering the whole country has data errors or chaos, it is a financial chaos. Not only will the brand be burned, it will also attract strict government investigations.

At the same time, protection in network security is also very important, and the construction of this team also takes a lot of time.

In this regard, we must be very cautious, so in the early stage, we will slowly test it in a small group and then gradually expand it.

The outside company cannot give you the opportunity to try and make mistakes. Even if you invest in Meituan, Wang Xing will not be able to help with such things, because he has no benefits, but he has to take great risks. Only by personally doing an industry that needs payment can you have the opportunity to slowly upgrade your payment ability.

This also requires a process. The rapid development of WeChat payment in later generations and withstands the calculation of hundreds of millions of red envelopes, which is also the technical accumulation of Teng Xun over the past decade.

You should know that Tenpay was established and in 2005, it has long become one of Tengxun's important core software. However, in addition to internal business or game recharge, there is very little cooperation with third parties. The fundamental reason is that the transaction frequency is far from comparable to Alipay, and its optimization is not good. Later, it entered the mobile Internet era, and the number of payments exploded rapidly, which made the future WeChat payment.

The current headlines cannot afford the impact of this scale. If you are not prepared and directly ignit the red envelope market in the Spring Festival Gala, then once data problems arise, the consequences will be unimaginable.

"This is no problem. To be honest, we really cannot live without Alipay in a short period of time." Zhu Wenbin said with a smile.

Zhou Yujie nodded and said, "Of course, payment can only be done step by step, but takeaway itself needs to go out quickly. Now major group buying websites are desperately spending money to grab the group buying market. Takeaway is still blank. I think it's time to enter Suzhou Province to try it out."

At the beginning, Quxin cooperated with Meituan and went directly to Shanghai, Anhui and Zhejiang provinces, but this was based on Meituan's strong offline capabilities to promote it. Today's Selection can only promote one province. Relatively speaking, offline capabilities are still insufficient.

However, through its cooperation with Meituan, Toutiao has obtained a lot of information about high-quality merchants, which has also saved a lot of time for today's preferred expansion.

Zhu Wenbin said: "I have built a junior team in 13 prefecture-level cities in Suzhou Province, but if I want to go to the Shanghai Stock Exchange, there are problems with this funding."

"You don't have to worry too much about funding." Zhou Yujie smiled and said, "We have carried out a full-scale coverage crackdown in Shanghai. Because Shanghai is our headquarters, and the population here is concentrated, we need to collect data from Shanghai users as future promotion experience, so we spent so much money.

Now that we enter Suzhou Province, the subsidy level will not be so exaggerated. I think the quota of the thirteen cities in Suzhou Province should be twice as high as that of Shanghai.

As for the funds, Lao Zhang, his overseas returns have been pretty good recently, right?”
Chapter completed!