Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 116 Promotion of Alipay

If the leader opens his mouth, his legs will be broken if he runs away!

Although Li Feng has made arrangements, the specific details of how to do it must be done by the people below.

The Fengrui team did not disappoint Li Feng, and they all gave their own answers the next day!

First, 17173 launched the "Game Trading Platform" the next day. Li Feng tried it and the product was pretty good. It seemed that Cai Zongjian had already made it, but he just didn't take it out.

Seeing that Cai Zongjian was still obedient, Li Feng decided to give Cai Zongjian another chance. After all, super talents have personalities, as long as they are obedient and have products;

As for the "Miracle MU" that Long Xiaotian is responsible for, Long Xiaotian is also fully prepared. Not only has he filled in a few more DUGs, he has also arranged 24-hour monitoring on duty to monitor possible cheats and even private servers.

, and also formulated several emergency plans;

After Cheng Lan let her boyfriend Liu Qi know the design drawings of YY's logo, she first registered the patent for the logo.

The next day, an international lawyer's letter was sent to Webzen, accusing Webzen of malicious defamation and deliberately leaking the source code of "Miracle MU". Who doesn't know how to litigate?

Webzen retaliated and took the opportunity to promote the sequel to "Miracle MU", "Miracle World", which was handed over to Shengda as an agent and put on the shelves on September 1st. It plans to officially launch paid operations on October 1st;

Facing the competition from "5Q Campus Network", Wang Xing's Renren "strategically despises its opponents and tactically attaches great importance to them" and has not launched a plan for the 5Q Network.

And do your own thing well, further optimize the user experience of Renren and Tieba, and reconstruct the architecture and underlying design.

Especially in view of the complex network layout in China, the different network speeds in various regions, and the problems that users have complained about, such as "Renren cannot be opened," "it takes too long to open," and "slow download speeds."

Wang Xing asked technicians to make a national map. Those with opening speeds higher than 5 seconds are painted in red, those with opening speeds lower than 3 seconds are painted in green, and those between 3 and 5 seconds are painted in yellow.

After the map was made and hung on the wall, what everyone saw was that "the motherland is all red", with the northwest, southwest and northeast regions being the darkest.

The next task is for Wang Xing to lead the technical team to gnaw away piece by piece. On the map, the green and yellow colors increase little by little.

It took almost three months, and a green map of China finally appeared in front of everyone. This speed optimization also provided a crucial guarantee for Renren’s future traffic to double.

Of course, everything is currently in full swing. At this moment, Li Feng received a call from Liu Zhiping again.

After the call was connected, Liu Zhiping said happily: "Boss, the Alipay access agreement with Alibaba has been signed.

Also, Alibaba agreed to our investment of up to 30 million U.S. dollars, accounting for almost 5% of the shares. Of course, all the voting rights will be given to Ma Yun’s team, and SoftBank has also made a lot of efforts in this.”

The reason for SoftBank's contribution is very simple, that is, it hopes that the two can join forces, and Alibaba's total financing of 82 million US dollars this time,

In particular, SoftBank invested US$40 million, Fengrui invested US$30 million, and other venture capital invested US$12 million. After financing, Alibaba's valuation reached US$600 million.

E-commerce companies on the Internet are more valuable than ordinary Internet companies because they are easy to monetize. Just look at the market value of JD.com, Pinduoduo, and Vipshop.

Of course, it does not necessarily mean that Alibaba’s current valuation exceeds Fengrui’s valuation. After all, Fengrui has only experienced one financing, and it was at the beginning of the year.

This is Ali's third financing, and it was already in the second half of 2003. Although Ma Yun and her entrepreneurial team are still the largest shareholders, their shareholding ratio has been reduced to 47% of the shares.

After hearing Wan Liu Zhiping's report, Li Feng was also very satisfied. Although he still held less than 5% of the shares, Li Feng had already thought about Ali's future market value of up to 500 billion US dollars, and he was very pleased.

In order to ensure that the shares would not be diluted in the future, and for Fengrui to continue to cooperate with Alibaba for a long time, Li Feng finally chose to invest all 30 million US dollars in Fengrui and not invest in shares himself.

So, Li Feng said to Liu Zhiping: "Zhiping, this is already very good, 5% of the shares is not bad. When you sign the agreement,

We must add the clause ‘having the right to subscribe for capital increase first’ to ensure that our 5% cannot be diluted.”

Liu Zhiping replied: "Don't worry, boss, I know how to do it. This is also normal in the industry."

Li Feng then said: "Zhiping, now that our Alipay has been connected to Taobao, I am planning to promote Alipay on a large scale in the next step. Can you please cooperate with Alibaba?"

Liu Zhiping said: "Boss, I was just about to tell you about this. When I was having dinner with Peng Lei, a vice president of Alibaba, I overheard that Alibaba was actually planning to develop a third-party payment software.

But after repeated consultations with relevant departments, they decided to postpone the launch. This gave us the opportunity to use Fengrui’s Alipay, and I also communicated with some bank executives through Goldman Sachs.

It seems that the time is not right yet, so boss, I think we should not promote it in a big way in the early stage.

How about you communicate with Mayor Li of Yanjing again, he might know something about the inside, and I'll ask more about it."

After listening to Liu Zhiping's words, Li Feng also thought that in his previous life, Alipay was officially launched almost half a year after Taobao.

Promoted.

Li Feng thought for a while and said to Liu Zhiping: "Okay, I'm asking about Alipay and thinking about it. After Alibaba is finished, you can go to Pengcheng to talk about the acquisition of Tencent.

Of course, before formally meeting with Tencent, it is best to meet Tencent's two current shareholders, MIH and IDG. It would be best if we can take over their shares. You can arrange it yourself.

He is an expert in it.”

Liu Zhiping said: "Boss, don't worry, as long as we can win the shares of both of them, Tengxun has nothing to fear."

In the end, Li Feng was still worried and said: "This is the best. If it doesn't work, I will make preparations in advance and implement the 'Lightning Plan' immediately."

After the result of the call with Liu Zhiping, Li Feng finally thought about it and called Li Dongmin. After all, Li Dongmin was considered a department-level cadre and his family had a certain background, so he must have his own channels.

After Li Dongmin learned about it through various channels, he gave Li Feng the same advice: Don't make a big deal about it first, especially since Fengrui does not have the relevant financial license. Let Taobao use Alipay first and check the bank's attitude first.

After careful consideration, Li Feng finally decided to postpone the large-scale promotion of Alipay and follow the promotion steps of Ali in his previous life. "I can't eat hot tofu in a hurry."

On the contrary, only Alibaba did not launch its own payment system and then acquired Tencent. The future of mobile payment will not be its own.

After all, there is no relevant financial license now. If you blindly promote it, you will go to jail. Fortunately, Alipay's current transaction volume is small and has not attracted the attention of banks. Once Alipay is promoted on a large scale and the transaction volume increases, banks will

It's hard not to notice.

And the most important thing is: all transactions through Alipay will not go through the central bank's settlement system. If it goes wrong, the central bank may take action personally.

In the previous life, the central bank also forcibly launched "NetLink" similar to "UnionPay" for these "babies". All third-party payment software must be settled through "NetLink".

Moreover, Fengrui's Alipay is not yet mature enough, and it only connects to 25 grassroots banks, all of which are banks in the Yanjing area. It is better to improve it on Taobao first.

After thinking about it, Li Feng gave the decision to Zhou Wei and Xu Jiawei said it again:

On the other hand, Zhou Wei was asked to strengthen the security settings of Alipay. If there are bugs in other products, just fix them and it will not cause losses. But for payment software like Alipay that involves money, once a bug appears, it will be fatal.
Chapter completed!
Prev Index    Favorite Next