Chapter 105 Opportunities belonging to Alipay
Although SARS was a disaster, China's business, tourism, retail, and transportation industries were all hit hard by SARS.
But it is also an opportunity for many Internet companies. China’s Internet and the new economy based on the Internet seem to have seen a glimmer of lasting growth.
Because people have been stuck at home for a long time, they have to turn to the Internet to obtain information and entertainment. At the same time, due to the increase in the number of people surfing the Internet and the extension of online time, the traffic of various websites has been increasing. The three major portals Sina, Sohu and NetEase
stock prices began to rise,
In particular, NetEase's stock price suddenly jumped from less than 1 US dollar to 12 US dollars. Lu Lu, who was far away in the United States, also called Li Feng and told Li Feng the good news. The average of the 3 million US dollars that year was
It was bought for 08 yuan and is now worth 45 million US dollars.
Lu Lu, who had always been calm, had never seen such money before, and was a little panicked. In response, Li Feng comforted Lu Lu to relax, don't panic, and be patient. NetEase's stock price will definitely rise above the issue price.
Li Feng didn't know how high NetEase's stock price rose that year, but the only thing Li Feng was sure of was that NetEase's stock price must have exceeded the issue price of 155 by a lot.
And at the end of 2003, Ding Lei, who was only 32 years old, topped the Hurun China Mainland China Rich List with a wealth of 7.5 billion yuan, allowing a generation of young Internet IT elites to see the unlimited future of the Internet.
It won't be too late to sell it at 16 US dollars. By then, these shares will be worth 60 million US dollars, which is almost more profitable than Fengrui.
Originally, Li Feng still gave Lu Lu some commission, but Lu Lu didn't want it dead or alive. She just wanted Li Feng to invest in a fund company and let her manage it.
Li Feng also readily agreed. After all, he was just talking, and there was Lu Lu's specific operation. With such a financial genius, Li Feng didn't want to let go. He was also relieved about Lu Lu and agreed to it.
At least 20 million US dollars will be spent for her to operate.
But Li Feng demanded that half of the funds must be included, and a specific operation plan needed to be formulated according to Li Feng's ideas. Lu Lu also readily agreed. After all, Li Feng had proven his vision with facts.
For Fengrui Technology due to SARS, no one noticed any changes in Fengrui Technology from the moment they started working from home to the end of the quarantine. On the contrary, Fengrui's performance has been rising steadily, and many products have broken through to record highs.
The highest number of people online at the same time in "Miracle Mu" has reached 1.2 million, with tens of millions of turnovers every day, making it a veritable money-making machine;
Before Renren was fully opened, there were already nearly 20 million registered users.
It has almost reached the ceiling of the number of college student registrations. After all, there are only more than 2,000 colleges and universities in China, with an average of about 20,000 to 30,000 people per college.
As of April 26, Li Feng officially opened Renren to the outside world and allowed everyone to register. The number of users increased by millions almost every day.
The number of posts on Tieba has also hit new highs, especially on the "SARS Bar", which has tens of thousands of posts every day.
Real-name on Renren is a real acquaintance relationship between people, while Tieba and subsequent application software are all anonymous in the front and real-name in the background.
In addition, it was only promoted among college students at first, which cultivated user habits. After it was fully opened, everyone accepted this habit.
This model of Renren has also been liked by users. At this point, Renren has established a firm foothold in the Chinese Internet and has slowly begun to show its "fangs".
The Internet as a whole has been blessed by SARS, except for Internet cafes, if Internet cafes are still considered the Internet.
But if we talk about search, email, games, portals, and e-commerce, who benefits the most? There is no doubt that e-commerce.
Before SARS, people used shopping as their main method. However, due to the impact of SARS, people are now reluctant to go out for shopping except for necessities, and have begun to avoid shopping in places with high flow of people.
Some people began to try online shopping, and more and more people chose online transactions with the least risk of disease transmission, which led to the great development of e-commerce, which was still in its infancy at the time.
2003 can be said to be the "Year of Internet Public Opinion", the "Year of Portals", the "Year of Ding Lei", and the "Year of the Internet".
There are too many Internet predecessors worth looking up to, and too many major events worth remembering. Not just 2003, but every year since the rise of the Internet should be the "Year of the Internet."
But for the Internet, 2003, to be precise, should be the "year of e-commerce", or even "the year of Taobao".
Taobao’s biggest role is to change people’s shopping methods and cultivate users’ online shopping habits.
This is a process from 0 to 1, creating a new business model, rather than a simple accumulation from 1 to n.
Even though c2c Taobao will be surpassed by b2c Tmall and JD.com in the future, there is no denying Taobao’s significance to e-commerce.
As for the “numerous counterfeit goods” on Taobao, Li Feng likes to regard it as a product of social progress. “Existence is justifiable.” Many users buy fake goods knowingly and condone the production of fake goods.
Just like the current "Fake Duoduo", "Pinduoduo" has captured the low-income people in third-, fourth- and fifth-tier cities, and even many people have never used it. It has already been listed on the IPO, with a value of up to 30 billion US dollars.
Just like the current video copyright, music copyright is becoming more and more perfect, and more and more users are reading genuine versions on novel websites. The era when people are willing to "pay for knowledge" will eventually come.
Li Feng has no control over whether counterfeit goods are sold on Taobao or not, and he doesn't want to, but Li Feng knows that the opportunity for his own "Alipay" has come.
The reason why Li Feng rated "Alipay" as "s-" is because "Alipay" needs "data" and a "matrix" to "feed", and this "matrix" is Alibaba's Taobao!
The reason why B2B Alibaba launched C2C Taobao is to compete with eBay after acquiring eBay.
Li Feng didn’t know exactly when Alibaba launched “Alipay” after launching Taobao, but it must have been half a year later.
Moreover, it is launched directly as a third-party payment software, and its purpose is just a tool to enhance the trust of Taobao users.
No one knows the future value of Alipay better than myself. This is an "online bank" that can evolve into a truly super financial platform!
It is estimated that even Mr. Ma, the founder of Alipay, would not look beyond the e-commerce itself to see the development prospects of Alipay.
At present, my Alipay is just a simple online recharge system, but it has already developed a product and has many registered users. At least the users of "Miracle Mu" use Alipay to recharge. It is time to build Alipay into a third-party
Pay the software,
Moreover, you can completely use "Alipay" as a third-party payment software and let Alibaba's Taobao use it. Even if Alibaba uses it for free, you will still make money.
Therefore, Li Feng called Xu Jiawei, who was specifically responsible for the promotion of "Alipay", and President Liu Zhiping to discuss Alipay's next strategic deployment.
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Chapter completed!