Zhang Yida took Mansour to visit Ruixiang Building, and also arranged for the company's artificial intelligence experts and financial technology experts to bring a group of experts from the Abu Dhabi Investment Authority to the laboratory to introduce and display various cutting-edge technology landing products.

The experts at the Abu Dhabi Investment Authority were also very professional and asked a lot of questions.

The R&D personnel and scientific and technological experts here are also genuine, and basically every question has been answered satisfactorily to the former.

The reason why Abu Dhabi is so serious is also because in Ruixiang's valuation system, various R&D achievements and landing applications of cutting-edge technologies account for a large proportion.

It's even about how far Ruixiang can go.

In this era when science and technology are the primary productive forces, science and technology are the moat of every large company.

Compared with Leech Financial Services, Ruixiang's domestic market share is much lower, but its scientific and technological strength is not much weaker than that of Leech Financial Services.

With the annual investment of billions of R&D funds, Ruixiang has obtained more than 1,000 global patents, which are mainly distributed in four cutting-edge technology fields such as artificial intelligence, blockchain, cloud computing, and big data.

Leech Financial Services has an additional IoT Internet of Things and carries out scientific and technological layout around five major fields.

The number of patents in the world is also higher, reaching more than 2,000.

The "ZTE incident" has taught a vivid lesson to domestic technology companies, and everyone clearly understands how uncomfortable it is to be "stuck in the neck"!

If the technology is in the hands of someone else, then you can only obey the command of others.

If you want to break through the shackles, you have to engage in independent research and development and have your own technical intellectual property rights.

The theory of "it is better to buy than to build, and it is better to rent than to buy" needs to be reversed.

How can it be better to rent a house than to buy a house?

Next.

Mansour sat in the conference room on the 50th floor of the Ruixiang Building, and he was joined by representatives of 17 investment institutions, including SoftBank Vision Fund, Malaysia Khazanah Holdings, Chinese Life Insurance, Taiping Insurance, Xinhua Insurance, National Social Security Fund, Carlyle Investments, KKR Group, GIC, Warburg Pincus, Silver Lake Capital, General Atlantic, ING Insurance Group, Credit Suisse, Goldman Sachs, Morgan Stanley, and Bank of America Merrill Lynch.

There are Chinese-funded enterprises, state-owned enterprises, sovereign wealth funds, insurance groups, five major investment banks on Wall Street, and world-famous asset management companies.

Don't be too troublesome, this is what Zhang Yida wants.

With so many star shareholders, putting it on the prospectus is all market appeal!

In addition, the intertwined relationship between shareholders can also prevent some unexpected risks.

Of course, some shareholders do not come to buy shares in good faith.

For example, Goldman Sachs and UBS, these investment banks, are qualified as underwriters.

Malaysia's Khazanah Berhad was attracted by the turmoil that Ruixiang was stirring up in Southeast Asia.

State-owned enterprises are doing risk hedging, and they have also made heavy bets on the side of Leech Financial Services.

In the unlikely event that the ants are trampled to death by an elephant, they are always the winning side and do not lose money.

Zhang Yida looked at the representatives of investment institutions of various colors of yellow, white, brown and yellow with black skin in the audience, just like the United Nations General Assembly, which can be called the dynasty of all nations!

I am very satisfied, which proves that Ruixiang's globalization strategy has reached a higher level.

Originally, there was a Canadian pension fund that wanted to join in the fun, but Zhang Yida refused!

It's purely here to share the money, a little pony, who usually acts according to the face of the United States, where does he have such a big face?

It can neither help Ruixiang increase its influence, nor allow Mobao to enter Canada.

What's the use of a shareholder like you?

Zhang Yida activated the large electronic screen, and a blue planet was crammed with a screen of five meters by four meters.

The territory of East Asia, Southeast Asia, and South Asia is very dark in color, with bright points of light shining;

Central Asia, Africa, and Oceania are lighter in color, with some light spots scattered around;

North America, South America, Europe, West Asia, and the Middle East are the lightest in color, and you can't find any spots of light if you don't care.

The investors in the audience basically understood that this is the global user distribution map of Ruixiang.

The rooster map is the most eye-catching, and it is bright, especially in the eastern and central regions, and slightly darker in the west.

"That's right, this is the global user distribution map of Ruixiang, a point of light represents a city, and the brighter the point of light represents the more users. ”

Zhang Yida took a laser pointer and shone it on the map and began to introduce it.

"The eastern and central regions of China are densely populated and densely populated, so the points of light are connected into lines and surfaces.

If you look at the western region, it is sparsely populated, so the distribution of light points is lonely, and there are no lines and surfaces.

Let's talk about Hong Kong, in August last year, we, together with WeChat and Alibei, obtained the first batch of mobile payment licenses in Hong Kong.

At present, the main operating body of local mobile payment is a wholly-owned Hong Kong subsidiary of Ruixiang, with the brand name RPay· HK, with 500,000 registered users. ”

"It's only 500,000 people? Isn't there a population of 7 million in Hong Kong? When you count it, the coverage rate is less than 10 percent. Some investors questioned.

"In general, Hong Kong users are still not used to using mainland apps, and although Mobao Pay HK is a separate mainland version of the app, consumers may not be able to distinguish between the two due to the existence of the Mobao brand," Cheung explained.

In addition, payment habits are also a major obstacle to the popularity of Mobao Pay HK.

In Hong Kong, where the general public is accustomed to using credit and debit cards, this payment method is already well established in Hong Kong, so there is no urgency for a new payment system.

In addition, Hong Kong's e-commerce has not been vigorously developed, so the demand for online or mobile payments is not high.

But don't worry, Ruixiang will put a lot of advertisements in the subway in the future, and will also cooperate with a number of shopping malls and retail groups to attract users by sending a large number of coupons, so that Mobao Pay HK will deeply penetrate into the daily life of users. ”

After answering investment questions, Zhang Yida continued to introduce Ruixiang's overseas business territory.

"Toss, a local e-wallet in South Korea, is 55.775% directly and indirectly owned by Ruixiang, with 15 million registered users, which means that 3 out of every 10 Koreans are using Toss e-wallet.

Toss' biggest competitor in South Korea is KaKaoPay, a payment app spun off from instant messaging app KaKao earlier this year, which now has 14 million users, 34,000 merchants and a $200 million strategic investment from Leech Financial......

PayPay, a local e-wallet in Dongying, holds 49% of the shares of Ruixiang, 51% of Yahoo Dongying, and has 20 million registered users.

PayPay's biggest competitor in Toei is the instant messaging app LinePay, which has 60 million users in Japan and 24 million users.

Other competitors include Rakuten Pay, OrigamiPay, Merpay and Suica.

In addition, Dongying 7-Eleven and FamilyMart have also launched their own mobile payments, but these two have encountered problems such as fraudulent fraud and overloaded systems, so there is nothing to fear......

GrabPay, a local e-wallet in Singapore, holds 51.85% of the shares directly and indirectly, with a user base covering 7 countries including Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam and Myanmar, with 40 million registered users.

RPay, a local e-wallet in Indonesia, holds 52% of the shares directly and indirectly, and its users are mainly concentrated in Indonesia, with 43 million registered users.

As shareholder GoJek's business tentacles reach out to other Southeast Asian countries, RPay will also make a move to Southeast Asia as a whole.

Currently, the two companies' biggest rivals in Southeast Asia are AirPay, which is the majority shareholder of the Sea Group, which holds nearly 40% of the former's shares.

At the same time, Ruixiang also holds a 5.67% stake in Sea Group.

In addition, after Ahri acquired Zenda, Zanda's own mobile payment software helloPay was renamed AliPay in the future, which is menacing.

In addition, there are a number of regional competitors such as GCash in the Philippines, AscendMoney under CP Group in Thailand, and TCash in Indonesia.

BBPay in India is a wholly-owned subsidiary of Ruixiang, with 180 million registered users!

But we can only rank second, the first place is Paytm of Leng Financial Services Holdings, with 260 million registered users, making it the fourth largest e-wallet in the world.

Although we are currently in second place, the gap is narrowing.

At this time last year, we had twice as many users as Paytm!"

"India has a population of 1.3 billion, and its potential is fully tapped, so it should not be much worse than China. ”

Zhang Yida looked at Mansur, who was speaking, and cast an appreciative look.

Continued: "Paybein received a massive funding round of $4.5 billion more than a year ago, setting a global record for a single funding round.

Therefore, we can't compare to them by burning money for marketing. However, all this will be greatly improved after the completion of this round of financing. ”

Zhang Yida took a laser pointer to Oceania and introduced: "At present, MoDoPay, a local e-wallet we have launched in Australia, Ruixiang holds 51% of the shares, News Corp holds 49% of the shares, and the number of registered users has reached 3 million.

In Africa, we launched the e-wallet MoBaoPay, which has entered many countries such as South Africa, Nigeria, Ghana, Kenya, etc., with 12 million registered users.

The above are the 9 local e-wallets launched by Ruixiang or wholly-owned or joint ventures.

Counting the 520 million users in China, the total number of global users has reached 835.5 million.

Perhaps by 2018, we will be able to exceed 1 billion users worldwide.

In addition, we have also worked with regional partners in Europe, North America, South America, and the Middle East who do not have local e-wallet applications.

For example:

Finnair will be connected to Mobao Pay, mobile payment will be available on board for the first time, passengers can scan the QR code via WiFi, and the foreign currency will be settled in RMB according to the exchange rate of the day.

There are about 100,000 Chinese students in the UK, which is the country with the largest number of Chinese students in Europe, and is dominated by the new generation of the post-90s generation who are familiar with electronic payment, which is a key target user group of Mobao Pay in the UK.

In October last year, Mobao Pay reached a cooperation with Zapper, a British payment company, to use Mobao Pay to pay wherever Zapper is supported.

In February this year, the travel network of French railways, through the Chinese subsidiary of European Railway, signed an agreement with Ruixiang, so that Chinese tourists can pay directly through Mobao to buy tickets to Europe.

In August last year, Mobao paid partnered with IngenicoGroup, a local French payment company, to allow Mobao users to access Ingenico's offline merchants in Europe, such as supermarkets, large retail stores, restaurants and bars.

In April this year, Mobao Pay partnered with German payment companies Wirecard and Concardis to provide mobile payment services to Chinese tourists in Germany, France, the United Kingdom and Italy.

……

According to statistics, more than 11 million Chinese tourists travel to Europe every year.

Ruixiang has reached cooperation with payment companies in most of Europe.

In Europe, with the exception of a very few regions and countries, Chinese tourists can travel all over Europe with their mobile phones.

In the United States, we have reached cooperation with East West Bank, the largest Chinese bank, Shift4 and Citcon, which are well-known payment solution providers in the United States, which can help Mobao Pay reach hundreds of thousands of American merchants.

This year marks the fifth year in a row that China has secured the position of "the world's largest source of tourists".

According to a report released by the World Tourism Organization in April, in 2016, mainland tourists spent more than US$261 billion abroad, a year-on-year increase of 12%.

In second place, the United States spends less than half as much as China's total foreign consumption, and its growth rate is also four percentage points lower.

Therefore, providing payment convenience for Chinese tourists to travel abroad is also the next key direction of Ruixiang Group.

Domestically, according to the data previously released by Analysys, in the second quarter of 2017, in China's third-party payment market, Alibei ranked first with a market share of 44.51%, and ranked second with a % market share.

Mobao Pay, on the other hand, ranked third with a market share of 18.02%.

The above is all the situation of Ruixiang in mobile payment. ”

After spending a lot of words and PPT showing dozens of pages, Zhang Yida finally finished introducing the payment chapter.

As the core traffic entrance of Ruixiang, mobile payment occupies a considerable share in the valuation system, so it was also the first to be introduced by Zhang Yida.

The investors listened very carefully, and when Zhang Yida was finished, they all applauded.