Chapter 984 Payment Services
Many people say that because of its "consultative map" thinking, Lighthouse Country makes their products tend to be concise, and they do not make Huaxia big and complete. Actually, this is a bit of a self-deception. Whether it is Facebook Message in the previous life or Yahoo Messenger now, it is to learn WeChat, and the results are remarkable.
Although it is not very appropriate to close the country to the outside world, regardless of public opinion or various cultural environment reasons, Huaxia actually does not have many friends in the world. As a result, Chinese enterprises have encountered more resistance to their overseas development, especially in Europe and the United States. Southeast Asia, South Asia, the Middle East, and South America markets are not as good as those in China, and they are facing different cultural differences. The other is the loss of talents, there are so many Chinese studying abroad, but most of the employment choices of outstanding talents are those large multinational enterprises, so that Chinese enterprises do not have enough talent reserves. You must know that no matter which multinational company develops in China, localized talents are indispensable, and how many local talents can Huaxia enterprises attract to join in these countries? Big brother is not very appropriate, for example, if an African small enterprise wants to recruit employees in China, even if the treatment is two or three times higher than that of Ali penguins, how many first-class talents in China will go back?
To put it bluntly, because of the huge local market, as long as Huaxia enterprises occupy a place here, they can survive very well. Many Internet companies did not consider overseas at the beginning of their establishment, or chose to give up because of several failed attempts in overseas markets. Unlike the Internet companies in the lighthouse country, English is an international language, and they are naturally a multinational service company when they are established. Moreover, there is another important reason: most countries such as the lighthouse country do not have walls, and they are competing in a sea! At most, Chinese Internet companies are competing in a big lake, and the pattern of vision is really different, and the most obvious is Baidu's evil culture.
Zhou Shi came to the lighthouse country to start a business, and he had a great trick, investing in YouTube at the beginning and helping it grow. With the battle for YouTube, he has become a well-known entrepreneur and investor in Silicon Valley. Then he started his own entrepreneurial path. At the beginning, there was not much talent team, but later it was able to attract first-class talent to join. As he grows as the company, he also grows himself. Therefore, they do not blindly follow what they have seen and heard in their previous lives, and have their own opinions and choices.
For example, Yahoo Messenger, during the Spring Festival this year, the number of WhatAPP users of Time exceeded one billion, and the number of Yahoo Messenger users also exploded, exceeding 900 million, and it is not so far from one billion. Compared with the simple WhatAPP, the ultimate goal of Yahoo Messenger's development route is the Yahoo operating system APP. Hence the relative complexity and adds a large number of features. However, there are still many people who choose this app, and more people use Yahoo Messenger in the lighthouse country than what APP. Minimalism may be mainstream, but changing user habits isn't necessarily impossible. The best product manager caters to user habits, and the top product manager is able to change user habits. Steve Jobs had that ability......
"How is the Yahoo Mini Program prepared?" Zhou Shi asked them at Yahoo Messenger's work meeting, the chairman generally does not interfere in the daily management of the company, but it also depends on who it is, Zhou Shi is such a strong major shareholder, entrepreneur, re-created the legend of Yahoo is obviously those who can intervene in it.
Yahoo Mini Program and WeChat Mini Program are the same thing, simply put, the running environment of the Mini Program is a built-in parser completely reconstructed by the Yahoo Tong development team based on the browser kernel, which is specially optimized for the Mini Program, and cooperates with the development language standards defined by itself to improve the performance of the Mini Program. Or barely can be described as a Yahoo Messenger based app.
"The technical backend including the development tools are ready, the testing is almost complete, and we will be ready to launch soon!"
"Mini Programs are an important tool for us to strengthen Yahoo Messenger, don't let it affect the user experience of Yahoo Messenger!" Zhou Shi
"Rest assured, the Mini Program's genes determine that it doesn't have much impact on Yahoo Messenger itself......"
Mini Program is a kind of application that does not need to be downloaded, installed and used, users can open the application by scanning or searching, and it can be used at any time without installation and uninstallation, and merchants can communicate, interact, buy and sell in WeChat through the development of Mini Program. Basically, most of the functions of the APP can be realized. However, the development cost and technical requirements are extremely low, and the Mini Program and the WeChat official account (subscription account, service account, enterprise account) are parallel systems, with unified background and interconnection.
Zhou Shi nodded after listening to the introduction, motioning for them to continue, while he continued to use it on the side, making various attempts.
Perhaps the biggest difference between Yahoo Messenger and WeChat is the color, WeChat is green, and Yahoo Tone is the lilac inherited by Yahoo. Other moments, sweep, shake, business cards, photo albums, card coupon packs, Stories, mini-games, etc.
Of course, Yahoo Touch's payment features and 9 squares are also essential, Yelp, Uber, Airbnb and Amazon Picks are also present in Yahoo Tune 9 squares.
Yahoo Pay is used far less frequently than WeChat and Alipay, after all, there is no such powerful offline payment scene. Even if it supports Amazon online shopping, UberLyft ride-hailing, Yelp offline payment of some merchants, and AliExpress payment services, the payment frequency and payment amount are too small.
But fortunately, Yahoo Chase borrowed from receiving money, etc.), international remittance and other functions have greatly increased the frequency of user use. If the function of the online credit card (that is, Ant Huabei borrowing) can be realized, it may be another miracle to complete the subversion of Visa and MasterCard!
Yahoo Pay's development prospects are difficult, with PayPal in front and various physical credit cards in the back, and it is a test of luck and ability to break through. However, Stripe, which Yahoo acquired, is different, and Stripe, which provides services to small and medium-sized enterprises and merchants, may be seen as an aggregated payment service, regardless of which can be paid through Stripe.
Stripe effectively replaces the expensive and complicated process of banks by adding payments to the service provider's own services. Credit card processors, merchant acquirers, and mobile wallet service providers all benefit. Its more practical implications for Yahoo are that many international businesses only support PayPal when dealing with US customers or suppliers, and the preferred online payment method in different countries is the local payment system. Stripe is able to integrate into these local systems to gain access to these markets. It is more convenient for Yahoo Pay to integrate into the global payment market!