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Reborn at Thirty-Eight

Chapter: 2402

“Isn’t that company Xiaomi Technology is talking about? Last week, Mr. Lei said that the talks were almost complete?”

“It seems that Xiaomi Technology is a cover. The two companies may have reached an agreement, or… Xiaomi is simply being taken advantage of.”

“I finally understand why I didn’t want Alibaba’s investment in the early stages of the group’s development. I’m afraid Jiang Qin had already thought about this two years ago…”

At the same time, in the conference room of the Alipay business group at Alibaba headquarters, Pang Rui looked at the interface of QuickPass and the screenshots of Moments, and she felt as if she had fallen into an ice cave.

The payment market is a big piece of cake. Both traffic and commercial value are almost the ceiling of the Internet business circle. Competition is certain.

After the establishment of the Alipay project in 2004, third-party payment software was not legally permitted, but they have been continuously developing.

Even if they faced thunder and were choked by banks, they never gave up.

Therefore, after the payment license was issued, Alipay was able to dominate the entire payment market.

During this process, their old rival Tencent has always been eyeing it, and Tenpay has also been revised three times.

But to be honest, Ali is not panicking.

Tencent’s Paipai failed to take off, Dianping was scrapped, and the first shareholder of Hungry was taken away by Alibaba. In addition to charging Q coins for games, Tenpay simply did not have a payment ecosystem sufficient to support its business.

However, group sharing is different.

Tuan Tuan has almost completely occupied the payment ecosystem in the field of life services. If it is allowed to implement Cloud Quick Pass, Alibaba’s layout in the payment market will be affected unpredictably.

“Don’t be anxious, everyone. It’s not that easy to make a group payment with UnionPay QuickPass.”

“But they’re already doing it.”

“Our biggest market is offline payments. Currently, Cloud QuickPass is only available online, which is just catching up with our previous progress. We just need to speed up the payment by scanning QR codes.”

Pang Rui was wearing a champagne-colored suit and high heels, facing the floor-to-ceiling window. The reflection on the glass did not show any panic.

But at this time, an offline promotion manager named Jin Bin rubbed his hands and began to sweat profusely.

After the autumnal equinox, the summer heat has not completely faded until this time. The first autumn rain comes in patter, wetting the temporarily green leaves.

Through the combination of online promotion and registration red envelopes, Cloud QuickPass has exceeded 100,000 effective users in one month.

During this period, Alipay quickly cut off the part of the promotion plan related to the “group buying channel” and began to burn money, with all kinds of advertisements overwhelming.

Just like group buying and takeout, when there is no opponent, of course you can do it as easily as you want, and as smooth as you want.

But when there is an opponent, time becomes the key.

Alibaba also has a strong local promotion team. At this time, it has occupied first-tier cities, setting up booths and inviting passers-by to scan QR codes to pay and get cash back.

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