Chapter 983: Yahoo Financial

I thought that the business of smart phones was about to reach its peak, and the development of Guoke would be greatly restricted, the sales of Guoke tablets declined, the development of Guoke notebooks was slow, and whether it was a drone or an unmanned vehicle, it would take time to develop, and the market for other smart devices such as Guoke smart speakers was limited. But I didn't expect Mobileye to be a leading company in the industry, and after reaching a cooperation with Tesla, the business ushered in a big explosion. Coupled with the rapid growth of ADAS business, Mobileye has become a unicorn company, which is why Guoke acquired Movidius and made a strategic adjustment for autonomous driving.

Although DJI drones are the market leader, global drone sales are about 5 billion US dollars, which is still DJI's technological development, so that drones can be widely used in aerial photography, film, agriculture, real estate, news, firefighting, rescue, energy, remote sensing mapping, wildlife protection and other fields, and continue to integrate into new industry applications.

Drones can't be relied on, unmanned vehicles were born, and Harman International's acquisition was due to the cooperation of smart speakers, intelligent navigation and ADAS. The outside world has finally sorted out the logic of Guoke's acquisition, and Harman International is basically an important way for Guoke to open up the automobile market, open up unmanned driving and cooperation with automobile manufacturers, and also enhance the added value of Guoke's mobile phone, so the market value of Guoke has finally been recognized, and the market value of 160 billion US dollars is not enough to prove the excellence of Guoke.

Realigning the relationship between business organizations, Zhou Shi optimized the development direction of each company, so that each company has its own focus. Yahoo's in-depth cooperation with Time and Guoke is just beginning. Relying on the strength of multiple companies, you may not miss every opportunity. He doesn't want to be the king in all directions, but he wants to keep the opportunity to become the king in every direction! He has three to five companies with a market value of 100 billion dollars, which are enough to deal with most of the challenges in this world.

Zhou Shi has several centers, namely the financial center with Galaxy Sixiang as the core, the regional Internet companies around Time as the core, Friends, Saab New Energy Vehicles, etc., and the global Internet companies around Yahoo as the core, Yelp, Netflix and AMD. There are also smart hardware equipment companies composed of Fruit Shell Nuts, Franchise Spreadtrum, Micron and Visionox. There is not much to say about the other film and television entertainment and cultural industries.

Galaxy Sixiang has four major industries: banking, insurance, securities investment banking and funds, although they are not very strong and difficult to meet the development of its enterprises, at least it has laid a good foundation.

For example, East West Bank, relying on Yahoo's huge traffic, has made its Internet banking develop rapidly, not doing this is only a short term, Yahoo Cloud needs more financial customers, it is difficult to give East West Bank special care for a long time. In addition to payment services, Yahoo wants to be a financial services platform, not a financial institution in itself.

But Yahoo and Yelp are ready to join forces with a large banking institution to issue online credit cards, which are similar to Ant Huabei and borrowing, in addition to improving transaction payments, they can also get a lot of fee income. As for the discounts of various credit cards, online credit cards can also better grasp their own preferential policies.

The advantage of Yahoo Cloud is that it can provide customers in the financial industry with more artificial intelligence value-added services, including risk control, etc., as well as better big data analysis capabilities, which can do more than Amazon and Time Cloud.

"At least for now, but our advantage may only last for about half a year, and almost everyone is moving towards artificial intelligence, and Amazon is investing a lot of money in it......"

Artificial intelligence and big data analysis run through Yahoo's entire product line, public cloud computing is infrastructure investment, Zhou Shi attaches great importance to the development of Yahoo, and Yahoo, a monopoly enterprise like public cloud, will not miss it.

Yahoo Cloud started with the OpenStack open source architecture, gradually abandoned this not very efficient open source organization, and had its own development. Now Yahoo's services have basically migrated to Yahoo Cloud, and only within the scope that Yahoo Cloud has not yet covered, it uses its own data center, which has a greater guarantee of stability and security. The Yahoo account theft incident that occurred in the previous life did not appear, but the Facebook account was leaked several times.

"Zhou Shi and Zuckerberg are not at the same level at all, and their patterns are very different, as can be seen from the efforts made by Yahoo and Facebook to protect Internet security and user privacy. Zhou Shi would rather sell some of Alibaba's shares to raise funds to ensure Yahoo's network security!" Some people commented that Zhou Shi himself did not know how high Yahoo's security factor was, but serving financial enterprises, it can be seen that its security level is still very high.

Although Yahoo Pay and Stripe do not have large-scale promotional services, they have cooperated with yelp to open up many offline payment scenarios in Europe and the United States.

"I went to inspect Huaxia's mobile payment, and in this regard, we are much worse than Time and Alibaba. "Morse, although Yahoo is a major shareholder of Alibaba and a member of the board of directors, it has not interfered in specific businesses, but has only increased supervision. Don't have the Alipay incident again, otherwise even Zhou Shi may step down. After all, if you fail twice in the same place, then it is difficult for the enterprise and business managers to be excellent.

"Huaxia has the traffic platform of the Spring Festival Gala, and Huaxia's financial services are not as mature as here in the lighthouse country, and the promotion intensity and difficulty are different, so it is difficult for us to directly compare with Huaxia's mobile payment!" Zhou Shi

The financial environment is different, the credit card fee in the lighthouse country is very high and the use of photovoltaic and general film, so the merchant adds this part of the price to the product, mobile payment uses the same price, and there is no credit card preferential points, which is equivalent to saying that the cost of using mobile payment in the lighthouse country and the EU is more than credit card payment. In this case, what incentive do the people of the thrifty lighthouse nation use mobile payments?

Yahoo's online credit card program is slow because credit card issuers are likely to benefit from online credit cards, but offline credit card revenues may take a big hit. To put it bluntly, it is a matter of interests, the penetration rate of Huaxia credit card is not high, and because of the low rate, the profit is not high, and there is not much preferential point scheme for users. Therefore, there is not much resistance, coupled with Alipay, WeChat has done a lot of promotion in order to educate users, so there is a popularity of mobile payment in China.

"However, mobile payment is the future, no matter how difficult it is, we must firmly promote it!" Zhou Shi finally made a summary, and read the latest chapter of "The Rebirth of the Post-80s Legend Claw Book House" for free for the first time.