Throughout April, Yu'ebao raised almost 30 billion yuan in funds, shocking the entire Internet industry.

The amount of funds was not announced by Yu'ebao, but because such a large amount of capital flow is unlikely to be hidden. Although outsiders do not know the specific amount, the approximate amount can still be estimated.

Before Yu'ebao's appearance, in addition to the giant Alipay, Internet finance business could receive transaction commissions, and other Internet finance business could only become an auxiliary to the company's main business due to market relations. Now everyone knows that Internet finance business can still be played like this?

Therefore, Internet companies that have not applied for third-party payment services quickly prepared to buy one in the market or apply for a new license for the second time.

Those with this license, such as Tengxun, Alibaba, Sina, and Baidu, naturally applied for funds like Toutiao, and then launched products similar to Yu'ebao, intending to be responsible for Yu'ebao's profit model.

But it’s just one step later that is ten steps later. Alipay and QQ Pay can get a share of the pie with their strong user base. Others cannot even popularize themselves, let alone let alone let users save money, so it’s good not to be regarded as scammers.

May 6

Going to Shanghai Stock Exchange, Headquarters:

"Mr. Zhou, Yu'ebao's profit last month was about 30 million yuan." Zhong Guangwei came to report happily with the latest data.

At the end of last month, Yu'ebao raised 30 billion yuan. According to the interest share of 2%, the net profit per month was 50 million, but in the early stage of last month, the amount was not that much, so the profit per month was 30 million.

"Okay, this is just the beginning, there will be more and more in the future. Quxin can finally make a profit on its own." Zhou Yujie said with a smile.

In his previous life, Alipay’s Yu'ebao raised 250 billion yuan in a year, with a net profit of more than 6 billion yuan, and its later profits were getting higher and higher.

In this life, even if Quxin Payment's user base is not as good as Alipay, its strong traffic attractions with Toutiao and Quxin should not be worse than in previous lives.

Even if it is 200 billion, the theoretical gross profit is 4 billion. This is a very amazing data, comparable to the profit of one of Bat's main business.

"Mr. Zhou, how should we spend this money?" Zhong Guangwei asked.

Quxin's previous financing was not used up during the Spring Festival, but these funds were exchanged for shares and could not be used randomly. After all, Quxin's fruit forest is a big money-eating company.

However, now that Quxin itself has profitability, and its business model is healthy and developing well and fast, the profit naturally has to be in a direction of spending. After all, Quxin has no monopoly yet.

Zhou Yujie thought for a while and said, "Please subsidize Today Youth. In the past two months, Meituan has been crazy subsidies and wants to grab the market!"

After losing Baidu’s support, Toutiao’s subsidies were not strong enough. Today’s Selected can only adopt a stable development model, while competitors are trying hard to subsidize, so there will naturally be some losses in the market.

Now that Quxin has money, subsidies to users can not only regain the lost market, but also increase the stickiness of Quxin Payment, killing two birds with one stone.

Zhong Guangwei agreed, "Okay, then I'll go find Zhu Wenbin immediately to see how to cooperate."

"Wait." Zhou Yujie paused and said, "Yu'ebao launched another business. If users save enough money, they can get a certain amount of today's preferred coupon, or directly send free takeout at a hotel near the user. What do you think?"

"In this case, it sounds much better than direct subsidies." Zhong Guangwei said with a smile.

Zhou Yujie nodded and said, "Then try it out. What amount is the specific amount, how many days to deposit it, and what coupons to give it. These are all worth trying slowly to see which one works best."

"Dongdongdongdong..."

At this moment, the knock on the door sounded, and at Zhou Yujie's gesture, Zhu Wenbin outside walked in.

After Zhu Wenbin came in, Zhou Yujie said: "Sit down, just say today's preferred. Quxin is also planning to directly take out funds to subsidize. It is estimated that it will be restored to the subsidy amount that once was Baidu in three months."

"That's really good news. With Quxin's traffic, it's estimated that Meituan will have to increase its subsidy amount." Zhu Wenbin said with a smile.

Quxin's Yu'ebao profitability can be seen by anyone with a little economic knowledge. If these profits are used to subsidize payments, they can not only stabilize Quxin Payment, but also stabilize and even increase the market share of today's preferred ones.

Zhou Yujie smiled and said, "You can discuss the specific subsidy strategy later and make a plan."

"No problem." Zhong Guangwei and Zhu Wenbin nodded and said.

Zhou Yujie asked: "Old Zhu, are you here to find me if you have something to do?"

"Mr. Zhou, I just got the news and Teng Xun is ready to invest in Dianping." Zhu Wenbin said cautiously.

"Dianping!" Zhou Yujie frowned slightly. This was just like the history of later generations. It was just a year ahead of schedule, but it was something that was inevitable.

So many Internet giants + capital have entered the takeaway industry. Takeaway and group buying are both the same user and the same merchant. As Dianping, a group buying company, it is impossible not to care about it. Once which foreign market wins or forms a balance, it will inevitably turn around and enter the group buying field with all its strength.

There are no giants behind Dianping. Among the Bat-Good Headlines, only Tengxun is the best choice. The market share of the investment in Flash Express is still small, and it focuses on the market with the identity of the central and southwest regions, so it has no conflict with Dianping.

Zhong Guangwei asked: "Dianping is also preparing to enter the takeaway field?"

Zhou Yujie also looked at the past curiously. Dianping, who was later in life, did not enter the takeaway field because it had invested in Ele.me early, but now it is completely different.

Although Dianping is not as good as Meituan in the group buying field, it has a longer history and its business scope covers almost the whole country. Theoretically, as long as the funds are sufficient, the traffic is enough, and the offline operation is good enough, it can also build a takeaway team in a short time. As long as Tengxun is willing to provide resources and funds, Dianping's development speed in the takeaway field will definitely exceed that of the newly established Baidu Takeaway.

Zhu Wenbin shook his head and said, "There is no news in this regard yet, but the takeaway market is now very mature. As long as you really do it hard, you can form your own team soon."

After today's selection and Meituan's expansion, the takeaway industry has already had a large number of new forces.

Merchants have long known this business model, and they will welcome more takeaway platforms. The number of takeaway guys is already enough, and they can dig it up by spending money. There are even special third-party institutions to set up companies to serve several takeaway platforms.

Compared to the model where you choose to slowly form a team on your own today, the efficiency is much higher now.

Zhou Yujie thought for a while and said, "Looking at Dianping, but don't care too much. There are too many players on the market now, so I don't care about one more of him."

If it were Meituan or Ele.me, and if it was a huge amount of capital or Tengxun invested, Zhou Yujie would attach great importance to it, but Dianping's business strategy has always been based on stability and slowness. If it weren't for the strong foundation laid in the PC era, it would have been killed by Meituan long ago.
Chapter completed!