"Hundreds of billions?" The senior executives of several major banks changed their expressions. If they hadn't known the identity of the person opposite, they would have thought that the person who said this number would have been a lunatic.

"Mr. Zhou wasn't kidding?" one of them asked.

Zhou Yujie smiled and said, "Of course not. Bank deposits actually depend on a large number of people to deposit periods, but due to operating costs, they are basically deposits of more than 10,000 yuan.

But in fact, most people in this society have at least hundreds or thousands of current funds in their accounts. All of this money is deposited in their personal accounts and cannot flow into the bank's financial system.

However, if there is a way to gather these funds, then the three think how much of this funds can be added together?"

The three people on the other side looked a little surprised, and obviously understood the truth. Mr. Wang asked: "Mr. Zhou, how do you use to gather these funds?"

"This is a commercial secret." Zhou Yujie said with a chuckling: "For the sake of risk, I will definitely choose to exist in several major state-owned banks. Since several shareholders of Quxin are naturally the priority targets for cooperation, so as long as the interest is reasonable."

If it comes to the future, it is not a problem to make appropriate investments with low risk. Just risk hedging and control are enough. However, it has just been launched, and there is no problem with the funds, and neither of them has talents or experience in this area. Therefore, it is necessary to have a bank.

"Okay, I understand, but we have to hold an internal meeting to discuss the specific interest rate." Mr. Li of Industrial and Commercial Bank of China nodded and said. Although he didn't know what method Zhou Yujie would use to gather so much funds, it was obvious that he was trying to make an interest spread. Although the percentage point may not be high, the base is really too large.

"This is natural." Zhou Yujie nodded. For such a big deal, even the vice president of a large bank would not have the right to decide.

...

After bidding farewell to the three senior bank executives, Lin Youde and Zhong Guangwei came to Zhou Yujie's office.

Zhou Yujie asked, "Have the Yu'ebao test been completed?"

Quxin has hundreds of millions of payment users, and with the popularity of smartphones, new users will continue to join in. In addition, when red envelopes have become popular, a large number of people have tied their bank cards to Quxin Payment.

In this case, the emergence of Yu'ebao is inevitable. People with hundreds or thousands of people generally do not deposit them in the bank for regular periods. One is because the amount is small, and the other is because they usually have to use it. However, the idle funds of hundreds of millions of users are very terrible.

Yu'ebao's logic is to gather these funds, then deposit most of them into the bank or conduct investment management with low risk and stable returns in the future, while a small part is kept for users to deposit and withdraw as soon as possible.

The profits in this are very terrible. Alipay, a later generation, became the largest fund in the country with this trick, and its profits are not inferior to the entire Taobao system.

Zhong Guangwei nodded and said, "The interface has been done and has been tested. This is not difficult in terms of technology. The question now is how much interest should be paid?"

"This has to wait for the internal negotiations of several major banks." Zhou Yujie said with a smile: "But in terms of interest, we have to eat small heads and users have big heads. Otherwise, we may take the opportunity to overtake by Alibaba or Tengxun at any time."

In bank deposits, not all like the display screen in the hall. Large-denomination certificates of deposit have special interest rates, while N-billion deposits are not a problem for seven or eight or even ten points a year. After all, the larger the deposit, the lower the operating cost.

Of course, it is basically impossible for hundreds of millions of rich people to deposit this money in interest.

However, in the future, Yu'ebao's money cannot be deposited regularly, and withdrawing part of it at any time is a basic requirement, but the amount is so large, the bank will definitely be tempted.

Lin Youde said: "Mr. Zhou, will the user withdraw the deposit and deposit it into Quxin by setting such a high interest rate? In this way, will we have conflicts with the banking system?"

Zhou Yujie nodded and said, "It's because there is such a possibility, so I win over CITIC Bank, Bank of Communications, and Industrial and Commercial Bank of China. As long as there is a common interest, they will naturally help me.

If the conflict is more serious in the future, we will share our interests, either attract them to invest in Quxin, or divide the deposit into some points. Let’s talk about the details at that time.”

When encountering an enemy or competitor, it is the stupidest behavior to directly resist. The best way is to win over the other party and become your own person.

When Yu'ebao was first established, it was suppressed by the banking system. Ma Yun also practiced Tai Chi. Coupled with the needs of hundreds of millions of users, banks could also get additional benefits, and things ended up being left alone.

Of course, Alipay has also made great compromises, mainly in terms of interest.

...

With such a large cooperation, several major banks will not agree immediately, and various meetings may have to be held for a while.

The takeaway market began to undergo a sudden change. On March 20, Baidu suddenly stopped subsidies to today's preferred users. Then on the third day, Baidu officially announced that Baidu Takeaway was established and business began in 10 cities at the same time. On the homepage of Baidu, it will be directly redirected to Baidu Takeaway APP.

Although this ending was expected by those interested, the speed was still too fast. Few people would guess that Baidu would set up his own takeaway business so quickly.

Headquarters:

"Mr. Zhou, from the fact that many of the main management teams announced by Baidu Takeaway are senior executives of Manzuo.com, Baidu should have acquired the other party very early and began to plan the takeaway." Zhu Wenbin reported.

Since the end of last year, Manzuo.com has begun to emerge as a new force. This once famous group buying website has begun to form its own takeaway team in many cities.

Offline development cannot be concealed by competitors. Even if the outsourcing model is adopted, takeaway giants such as Today Youxuan and Meituan have also discovered the actions of Manzuo.com. However, before the scale is achieved, the two companies will not pay too much attention.

Zhou Yujie smiled and said, "We have been planning payments, and Baidu plans the takeaway market, but in fact it's just a tiny bite!"

The decline of Baidu in later generations was due to a mistake in strategic direction, but it does not mean that Baidu's senior management is a fool. No one will feel at ease with this strategic industry that obviously relies on others.

Zhu Wenbin said: "Now today, there is no subsidy from Baidu, and it will probably be very difficult to compete with Meituan in the future."

"Of course." Zhou Yujie nodded and said, "But Quxin has opened the entrance to Today's Preferred, which will bring you a lot of traffic and reduce the operating costs of a single takeaway.

In terms of subsidies, I will let Quxin provide subsidies for the time being. After a while, Quxin will open a business with high profits, and subsidies will be easier at that time."

Quxin, now it is not just socializing, but also paying. It is also a normal business behavior to subsidize Today's Selection. When the Yu'ebao project starts, Quxin's profits will experience explosive growth. At that time, Today's Selection's disadvantages will also improve a lot.
Chapter completed!