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Chapter 349 Payment Is a Level 1 Strategy

Chapter 349 Payment is a first-level strategy (please vote and order)

After Fang Siwen made a speech, everyone discussed it for a while and had a clearer understanding of the value of 51 Fortune 51 Fund Network.

Another key factor is that 51 Wealth has money in its account, the company's bank account has tens of millions of funds, and the stock account has nearly 80 million.

Gao Yang began to talk about why online payments are needed:

"With the online payment project, let me first talk about my personal understanding of the current domestic Internet development pattern.

51 Group has not been in the Internet industry for a long time and is still a little brother. It is a big brother worthy of our attention. At present, there are four main companies.

Ali, Tencent, Baidu and Yi.com, among which, we have a certain degree of cooperative relationship with Baidu and Yi.com.

The only one that has not been listed for these four companies is Ali, which I guess will happen soon, within two or three years.

Based on the current development situation, especially the stock market value, whiteness ranks first, Yiwang ranks second, and Tencent ranks third.

Baidu and Yi.com have a cooperative relationship with 51 Group, so let’s focus on Ali and Tencent. I personally believe that these two companies are most likely to develop into super-large Internet companies in the future.

This is determined by their main business direction. In the long run, it is not comparable to that of Yi.com.

Ali is an e-commerce company. His current focus is B2B and he is also exploring B2C. If B2C is successful, once consumers are cultivated to the habit of online shopping, the user scale will be very terrifying.

Because we have a population of more than one billion, the number of netizens has been growing rapidly.

Tencent is a social-centric pan-entertainment direction, and its cornerstone is QQ and its traffic of more than 300 million users.

Therefore, Ali and Tencent have the largest coverage of users, and may even be every netizen.

Our 51 Group is also developing towards the direction of pan-media with social centers. In the future, it will directly compete with Tencent and become a direct competitor.

51.com acquired foxmail, and after that, we launched 51 Renren, and then Internet companies and venture capital investors came to us.

Among them, Tencent has come to us twice, hoping to acquire the overall acquisition or invest in holding shares. I don’t need to explain my purpose, and everyone must be clear about it.

Now, we are back to online payment.

Boss Ma of Ali is very smart. He must do third-party online payments when doing e-commerce. Therefore, Zhifubao is very likely to develop into one of the most core assets of Ali.

Zhifubao is not just a third-party payment tool. It is likely to evolve into a platform for financial technology services. The development of the Internet industry will eventually focus on networked transactions, and the same is true for our 51 Group.

So, we saw that Tencent followed up quickly and also needed to do online payment.

If 51 Group wants to grow and grow, online payment must be done. This is our first-level strategy and it is related to how to survive and develop in the next few decades. I hope everyone will have a clear understanding of this.

If 51 Group does not have such a tool, we will inevitably be subject to Ali or Tencent in the future. Once there is a business conflict between the two parties, they may directly close the payment interface to us. What should 51 Group do then?

There will definitely be restrictions everywhere.

In addition, 51 Group has invested in several Internet projects and will invest in new projects in the future, focusing on the overall strategy of social platforms as the core and pan-media as its business direction, and will continue to develop.

If these projects are beads that are socially-oriented, then developing a third-party online payment tool is a chain that can string these projects beads together.

After 51 Payment is made, we can first use it on our own Internet platforms to develop the first batch of users.

If 51 Group wants to develop an unbreakable user ecosystem, 51 Payment is the key.

Second, there is also a strategic consideration.

The development of the Internet is very different from traditional industries. Technology and business models are evolving too quickly, and new applications are emerging one after another, and the same will be true in the future.

51 Group cannot fight alone, nor does it have the strength to fight alone.

Internally, we need to establish a system. Outside, we need to find allies and build an alliance that is beneficial to ourselves.

With a tool like 51 Payment, the industrial alliance relationship we have established will not be loose and will gradually form a close, unbreakable and beneficial cooperative relationship to allies..."

Gao Yang talked in detail for more than 20 minutes, standing at the strategic level, and explained the value, significance and necessity of 51 Group's third-party online payment tools.

In the conference room, nearly 20 executives have been listening and thinking carefully.

After Gao Yang's speech ended, warm applause rang out.

Zhang Xiaolong took the lead in speaking: "Mr. Gao stands tall and sees far. I feel like I am better than reading for ten years after I have been taught.

51 Group should do payments, and must do it well.

With such a tool, internally, the synergy between our various project companies will be much better than it is now.

To the outside world, as Mr. Gao said, 51 Group can establish an industrial alliance, and it is an alliance relationship we dominate.

From the perspective of the technology ecosystem, 51 Group can form a business closed loop internally, and with the help of industrial alliances, it can also build a larger business closed loop."

He Guangwen smiled and said: "Brother Long's words make sense. From the technical direction and user ecology, if 51 Group can make a third-party payment tool, it will be of great significance. However, our current strength in R&D is limited. Online payment involves financial IT, and the first thing to do is to solve the problem of the technical team."

Gao Yang said: "I have proposed to Yi.com and Baidu to cooperate to establish an Internet research institute to carry out long-term research on cutting-edge technologies in the industry, in basic technologies and application directions.

I think, within our company, we can first set up a 51 Research Institute. Guangwen, you will be the dean of this, and use the current technical committee as the team to convert it into a research institute.

For talents in financial IT, find ways to find a few leading figures and then solve the problem through public recruitment.

In addition, the research institute cannot operate purely in the cost center. With research results, technical patents and intellectual property rights can be applied for external applications. Internally, the project company must also pay for intellectual property rights through purchase and authorized by the research institute.

Therefore, the research institute can consider developing a profit-centered model, which is not purely pursuing profits, and forms positive incentives for specific research projects.

When the project company has demand, it can place an order from the research institute, and the research institute will analyze the feasibility, and then organize a research and development team to carry out technical research based on the project operation model.

Research on basic technology must also be paid attention to, and we must closely track the development trends of the global Internet technology and analyze relevant directions and trends.

Research on basic technologies, how to formulate a set of incentive models, the institute will first discuss it by itself, and then report it to the board of directors for discussion and decision."

Everyone thinks that Gaoyang's method is good, and 51 Group must become an Internet company with R&D capabilities.

Then, the topic returned to making 51 payments.

Wu Bo said: "Since we really have to make payments, we must seize the time and strive not to lag behind Tencent.

At present, Jiaoyang Company has established 20 local branches with more than 160 regional employees. It is planned to build 60 regional branches by the end of next year.

51.com’s current development speed is good, and I suggest that the construction of local stations in 51.com will also accelerate.”

Jin Yang said: "Yes, Teacher Wu, the pilot of 51.com's branch stations in Magic City and the Special Administrative Region this year is very successful. It plans to build 10 to 12 branch stations next year, and the construction of branch stations in 30 key cities will be completed in 2007.

After the group has online payment tools, 51.com can try the same-city e-commerce. I suggest Jiaoyang Company builds a same-city express company based on 60 regional branches.

In this way, 51.com is doing the same-city e-commerce and Jiaoyang Company is doing local logistics, and the two projects are directly collaborated."

Wu Bo smiled and said, "Yes, Mr. Jin's suggestion is good. Jiaoyang Company will be converted into a completely self-issued issue as planned. If 51.com can build e-commerce in the same city, local companies will have new business. In the future, the solar media will not be done, and local companies can also fully transform into logistics companies."

The board of directors expanded its meeting and the discussions did not end until 4:30 pm.

Four things have been confirmed:

51 Fortune Investment makes 51 Fund Network and SNS Fund Community;

Registering and establishing 51 Financial Technology Information Services Co., Ltd. also needs to build a website and develop a third-party online payment tool temporarily named [51 Payment];

The Group Technical Committee has transformed and established the 51 Research Institute. At this stage, He Guangwen, Zhang Xiaolong, Zhang Xuan, Wu Xi and Liu Xu and others must serve both in the 51 Research Institute and the project company;

Jiaoyang Company uses the resources of its existing 20 branches to establish a same-city express company and begins to explore same-city express services...

As the vice president of the group, Gu Yawen also participated in the board of directors' discussions today, but she didn't speak much.

After get off work and on the way home, Gu Yawen sighed: "I didn't expect that in two or three years, your career has become so big, and you have begun to follow the top companies in the Internet circle."

Gao Yang smiled and said, "If you put aside Jiaoyang Company's Sun Media, 51 Group is still very weak in the Internet field. It can only be said that it is the layout ahead and strategically, it should be aligned with the top peers in the industry."

Gu Yawen asked with a smile: "I really don't know why you have so much in your mind. What investment plans do you have next?"

Gao Yang said: "I also often read books, read industry news, communicate with big shots in the circle like Brother Lei and Brother Yan, and then think often.

If you want to see the next step, let’s see next year. I suggest Jin Yang and He Shan find friends and start a law firm together.

Then Teacher Wu, Sister Lei, and Ruohan, went to run an accounting firm and hired someone to take care of it.

Both firms are invested by them in private, and 51 Group does not participate. In the future, they can do business with companies such as 51 Group.

For 51 Group, I want to do a new social platform project next year. I will wait for 51 Guards to be officially established and hold a press conference before talking about it. I will discuss it in December."

Gu Yawen said curiously: "There are new social platform projects, what kind of social platform?"

Gao Yang said: "It's the blog website, the SNS architecture. I haven't figured it out yet, and I'm still thinking about it."

Gu Yawen said with pain: "You use your brain every day like this, you still need to rest."

Gao Yang smiled and said, "I'm fine. My career is developing smoothly, my family is happy, and I don't have much pressure. Look, I've always had a good sleep and I've been exercising. I'm in good health."

Gu Yawen looked at Gao Yang carefully: "Your appearance has not changed much from the previous few years. You look quite young."

Gao Yang smiled and said, "Is that true?"

Gu Yawen smiled and said, "Well, she is still so handsome and more mature."

Gao Yang grabbed Gu Yawen's hand and pinched it: "This is because you are there along the way."

Gu Yawen smiled sweetly.

When Gu Yawen first met Gao Yang, she saw that he would have a future, but she didn't expect that she is so capable now...
Chapter completed!
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