Rebirth Starts at 7 Million

, the fastest update rebirth starts with the latest chapter from 7 million!

Luo Fan's hometown, Xiahe Town, with the help of Luo Fan, a large number of fruits and vegetables in Xiahe Town have been sold steadily. sell. \u003c/p\u003e

The person in charge of the fruit and vegetable outlet store is called Luo Zhou. When he was young, he was sentenced to 20 years for being hemiplegic because of a fight with someone. \u003c/p\u003e

Although there were several commutations, it took 12 years for him to be released. \u003c/p\u003e

The people of Lao Luo's family were kind and righteous and helped Luo Zhou, and let him be in charge of the fruit and vegetable direct sales store in the city, with a monthly basic salary of 2,000 plus 10% of the store's income dividend. \u003c/p\u003e

At 9 o'clock in the evening, Luo Zhou, who had just finished the business of the outlet store, began to calculate today's revenue. \u003c/p\u003e

Luozhou will record every transaction every day, so that people in the town can come to check the account. \u003c/p\u003e

It took nearly 15 minutes for Luo Zhou to calculate the cash in the cash register, plus the amount on Xingchao and Alipay. Today, his income is almost 3,000 yuan, and the business is not bad. \u003c/p\u003e

"It's really troublesome to collect cash. It's more convenient to pay with Alipay or Star Chat. You don't need to change, do not calculate, you don't need to go to the bank to deposit, and you don't need to exchange change or whole currency. It is much more convenient." Luo Zhou muttered. muttered to himself. \u003c/p\u003e

After speaking, Luo Zhou stretched his waist and turned off the cash register. Now he feels that his life is very fulfilling, and his family is preparing to give him a daughter-in-law, and his life is getting more and more promising. \u003c/p\u003e

After Luo Zhou closed the store door, he hummed a tune and returned to the room at the back of the store. \u003c/p\u003e

Luo Zhou lay down on the bed and opened Douyin habitually. After just swiping two times, Luo Zhou saw an advertisement video about "Yue Bao" on Douyin. \u003c/p\u003e

After watching the video, Luo Zhou was immediately attracted by the annual interest rate of 6%. \u003c/p\u003e

All the money Luo Zhou makes is deposited in the bank, and the 6% interest is much more than if he deposited the money in the bank. \u003c/p\u003e

Luo Zhou believed the things on Xingchao very much, because Xingyuan was the company of their old Luo family's children. \u003c/p\u003e

A line of small print below the amount,

It shows that today's estimated interest is 1.63 yuan. Although it does not seem much, it is much more than the deposit bank. \u003c/p\u003e

Luo Zhou's eyes lit up, and he sat up from the bed excitedly. He was going to go to the bank tomorrow, take out all the tens of thousands of dollars he had saved before, and put it in Yu'e Bao. \u003c/p\u003e

The listing of Yu'ebao 5.1 on Labor Day did not affect its popularity. \u003c/p\u003e

Especially after a few days, when the deposited cash has interest returns, the spread among users, friends, and colleagues all began to spread to each other. \u003c/p\u003e

This has also led to more and more users starting to deposit the change from their bank cards into Xingchao. \u003c/p\u003e

After all, one is a few tenths of the annual demand interest rate, and the other is 6%, and fools know how to choose. \u003c/p\u003e

The money deposited in Yu’ebao actually goes to the funds under Xingyuan, and the numbers on the user’s account, whether it is principal or interest, are actually numbers. Just numbers. \u003c/p\u003e

Unless the user withdraws, then the money is returned to the user from the fund. \u003c/p\u003e

In any other situation, any transaction, these funds are on the fund account of Star Chat. \u003c/p\u003e

In the banking field, there is a professional term called the minimum margin, which refers to the ratio of the cash that the bank can use to all deposits. The higher the ratio, the lower the financial risk, but the disadvantage is that the profit will also decrease. \u003c/p\u003e

Yu'e Bao also has such a problem, but after the communication with China CITIC Bank, it also began to control the entire Yu'e Bao through the bank's management system, in order to seek an optimal balance between profit and risk. \u003c/p\u003e

(ps: The main body of the above data comes from Zhihu. The original author has indicated that the source of reprinting and citation should be indicated, so I will explain it here.)\u003c/p\u003e

With the full advertising and promotion of Xingyuan's major APPs, coupled with self-promotion among users. \u003c/p\u003e

In just half a month, more than 10 billion funds have been raised on Yu'ebao. At the same time, because of the bizarrely high interest rate, many people have begun to put large amounts of funds in. \u003c/p\u003e

...\u003c/p\u003e

In Shanghai, Luo Fan, the headquarters of Xingyuan, looked at Yu'ebao's data and felt relieved. \u003c/p\u003e

This comfort is not only because of the good results of Yu’ebao, but also because the previous life of this plan belonged to Alipay. \u003c/p\u003e

In fact, in Luo Fan's impression, it seems that in the previous life, there was Yu'e Bao in 2013, and the money Luo Fan earned in 2013 was deposited in Yu'e Bao. \u003c/p\u003e

But I don't know why in this life, Alipay has never launched Yu'e Bao, which made Luo Fan take advantage of the loophole. \u003c/p\u003e

At the same time, in Hangzhou City, Ali headquarters, and President Ma's office, there was the sound of jingle bells smashing things. \u003c/p\u003e

"Why is the plan we shelved being known to Xingyuan? Even the names are the same, can you give me an explanation?" President Ma asked the person below with a cold face. \u003c/p\u003e

As Luo Fan thought, to collect idle funds from users, Alipay had this plan a long time ago. \u003c/p\u003e

But in 2013, because of Xingyuan's intervention, the takeaway subsidy war broke out ahead of schedule. \u003c/p\u003e

Alibaba's executives feel that maintaining Ali's position in the payment field is more important than this plan. \u003c/p\u003e

The field of food delivery has a very important impact on payment, and Ali cannot give up. \u003c/p\u003e

So Ali decided to temporarily shelve the Yu’ebao plan and fully support the competition in the food delivery industry. \u003c/p\u003e

However, this shelving has been put on hold for many years. \u003c/p\u003e

Coupled with the subsequent growth of Xingyuan Payment, and Xingyuan also formed alliances with Baidu, Dami, and JD.com, Ali's dominance in the payment field has been repeatedly challenged. \u003c/p\u003e

There is nothing Mr. Ma can do, because at this time, it is the most important for Ali to keep his basics. \u003c/p\u003e

But Mr. Ma never expected that his company's shelved plan would be executed by Xingyuan, and more importantly, even the name of the plan was the same. \u003c/p\u003e

Seeing that Mr. Ma's anger was about to explode completely, Mr. Ma's assistant, Xiao Wang, bit his head and said, "Mr. Ma, this time it was a mistake in our work, and we didn't expect anyone inside to leak the news."\u003c/ p\u003e

As Mr. Ma's assistant, Xiao Wang is Mr. Ma's most trusted person, and this can only be said by him. \u003c/p\u003e

Hearing this, President Ma said with a cold face: "I am angry not that the plan was leaked, but that very few people know about the plan, and they are all the senior management and shareholders of our company. I am afraid that some people are no longer with us. ."\u003c/p\u003e

After listening to Mr. Ma's words, the expressions of everyone present changed. \u003c/p\u003e

Mr. Ma's words are both a knock and a point. \u003c/p\u003e

Naturally, it was everyone present who beat him. At the same time, President Ma also told them that nine out of ten of the leaked plans were some shareholders who were dissatisfied with Ali's past operations. \u003c/p\u003e

"But it's also possible that we thought too much, and Luo Fan might have dreamed of this plan!\u003c/p\u003e

So we should not go to the trouble of investigating, unless there is real evidence, otherwise it is better to treat this matter as non-existent. "\u003c/p\u003e

\u003ca id="wzsy" href="https://;\u003e"Fairy Wood"\u003c/a\u003e\u003c/p\u003e

Mr. Ma's words meant that the situation should not be allowed to escalate. Now Ali cannot afford to turn against the shareholders. \u003c/p\u003e

The people present were all human beings, and they naturally understood what Mr. Ma said. \u003c/p\u003e

So Ali's trust CEO Zhang asked: "Mr. Ma, what should we do next?"\u003c/p\u003e

"Xingchao can do this, and so can we. Our plan was halfway through. Now take it out and continue to execute it!\u003c/p\u003e

Star Chat has a large number of users. If we really absorb enough funds, it will be too late for us to re-enter the market. "\u003c/p\u003e

As Mr. Ma said, the users on the market are limited, and the idle funds of these users are also limited. Once they are over-absorbed by one party, it will be even more difficult for the latter to catch up, and higher interest rates must be available. And more traffic is possible. \u003c/p\u003e

But the former will increase Alipay's financial expenses, while the latter Ali does not have this condition at all. \u003c/p\u003e

Mr. Zhang nodded and said, "Don't worry, Mr. Ma, give me 10 days, and I will definitely be able to launch our own Yu'e Bao."\u003c/p\u003e

"Well, I believe in your ability."\u003c/p\u003e

...\u003c/p\u003e

A similar conversation took place at Penguin headquarters on the other side. \u003c/p\u003e

"In just half a month, Xingyuan has obtained tens of billions of funds. This achievement is terrifying!" Mr. Ma exclaimed. \u003c/p\u003e

Zhang Zong, the person in charge of WeChat, quickly echoed the words: "It's really scary."\u003c/p\u003e

"The number of users of Xingchao itself is quite large. After this Spring Festival Gala red envelope, at least 90% of users have bound their bank cards on wx.\u003c/p\u003e

With this kind of foundation and enough publicity, it is not surprising to raise 10 billion. \u003c/p\u003e

And this is just the beginning. According to my estimation, in a year and a half, 100 billion may not be a problem. " said the CFO Luo of the Penguins.\u003c/p\u003e

"One hundred billion!" Mr. Ma's face was already very ugly when he heard this number. \u003c/p\u003e

"Mr. Luo, is Xingchao using this money to earn interest difference?" President Zhang asked. \u003c/p\u003e

"It should be, according to my understanding of the bank, 100 billion should have an annual interest rate of 8% or even 10. Even if it is only 8%, Yu'ebao only took out 6%, which means that they have at least a 2% interest rate difference. , that year, you can make a net profit of 2 billion without doing anything." Mr. Luo replied. \u003c/p\u003e

"This should only be theoretical data, right? They will definitely have other consumption." President Zhang glanced at President Ma, whose face was as black as the bottom of a pot, and said. \u003c/p\u003e

Seeing this, Mr. Luo quickly remedied: "President Zhang is right, there will definitely be other consumption, and the consumption is not small, after all, there are so many funds to manage."\u003c/p\u003e

Mr. Ma's face looked a little better. He picked up a report and said, "Xingyuan's game business has achieved very good overseas results, and the market prospects for both mobile games and PC games are very good.\u003c/p\u003e

Several games have reached the top of the Apple APP download rankings. \u003c/p\u003e

The popularity of the "PUBG" league is already on par with the League of Legends. This year, I can hardly suppress the popularity of this game in China, let alone abroad. \u003c/p\u003e

Coupled with the huge traffic of Xingyuan's core APP Daily Toutiao and Douyin, and now there is this Yu'e Bao, Xingyuan is already a well-deserved Internet giant! "\u003c/p\u003e

"Yeah, in this way, it will be difficult for us to suppress Xingyuan." Mr. Luo followed. \u003c/p\u003e

In the previous competition between Penguin and Xingyuan, there were two eternal advantages, that is, resources and funds. Although Xingyuan was not short of money, the wheelset did not dare to burn money at will. \u003c/p\u003e

But now, several businesses under Xingyuan have strong profitability. Even if they are not as good as Penguin, they are not very obvious shortcomings. \u003c/p\u003e

Coupled with the huge traffic brought by Douyin and Toutiao, Penguin has no way to suppress Xingyuan. \u003c/p\u003e

"Mr. Luo, what would happen if we launched the same business?" Mr. Ma asked Mr. Luo. \u003c/p\u003e

Mr. Luo thought for a moment and said: "First of all, we must find a bank that is willing to cooperate, and another, Xingchao has taken this first step and absorbed a lot of funds. In this area, it is difficult for us to surpass each other.\u003c/p\u003e

And I estimate that Alipay should also launch a similar business, and its advantages are even greater than ours. \u003c/p\u003e

However, this business can be done, no matter what the final data is, it will be profitable. "\u003c/p\u003e

Mr. Ma nodded and said, "Let's do it. What I worry most about is not how much money Xingchao can make, but if Xingchao's Yu'ebao really has hundreds of millions of users, then these people will really become stars. The loyal users of Chat, no matter what, they can't abandon Xingchao again."\u003c/p\u003e

With such a large amount of money saved in Xingchao, and there are visible rewards every day, users are likely to gradually transfer their social habits, and this, for Mr. Ma, this is the Penguin's biggest crisis. \u003c/p\u003e

Penguin can now stand out among the Internet companies because of social software that covers almost the entire China. \u003c/p\u003e

The current scale of Xingchao is indeed not small, but the gap is still very large compared to QQ. \u003c/p\u003e

As long as QQ's basic market is in place, whether it is in the game field or in the payment field, Penguin has the power to fight. \u003c/p\u003e

But once the basic disk of qq is damaged, the penguin will really have big trouble. \u003c/p\u003e

Mr. Ma and the other senior executives of Penguin knew this, so they began to try to promote wx in the mobile Internet era, and wanted wx to share some of the pressure on QQ. \u003c/p\u003e

It's a pity that wx ate so many resources from Penguin, and was finally surpassed by Xingyuan's Xingchao. \u003c/p\u003e

Although wx's size is not small, basically he can still "equally divide the world" with Xingchao, but if the same competitive track cannot become the top one, there is a danger of being annexed, so wx's current status in Penguin is actually It's embarrassing. \u003c/p\u003e

Penguin's idea of ​​wanting wx to share the pressure naturally went bankrupt. \u003c/p\u003e

And Xingyuan's move is obviously to further increase the influence and number of users of Xingchao, which is absolutely unacceptable to Penguin. \u003c/p\u003e

"Mr. Ma, should we try to join forces with Ali to attack Xingyuan?" President Zhang suggested. \u003c/p\u003e

"Ali is also unbelievable, and the impact of Yu'ebao this time on us will not be seen until later, but the impact on Ali is right now, and they should be the ones who are anxious now." President Ma said. \u003c/p\u003e

"I also think we can't work with Ali on this matter. In any case, things like Yu'ebao can still make money. If we join forces with Ali, Ali will definitely let us help them because we have no achievements in the payment field. , so we won't be able to earn the money we should earn." Mr. Luo said. \u003c/p\u003e