Chapter 491: Abolition of the "World Bank Pass"
"Okay, we can talk."
Just about to get up, when he heard Chen Jiayi's words, Hove sat back again.
Yes, today's World Bank Pass is because of the exaggerated advertising effect when it was promoted before. Originally, it was nothing. Advertising in the world is like this, that is, how to attract people and how to play. However, Citibank is a listed company after all, and it is also an international financial giant. Under his advertisement, it actually caused some phenomena of ordinary investors in society.
In particular, some institutional investors feel that financial stocks must have a promising future. In the meantime, they poured a lot of capital into the stock market. After a few months, it turns out that this is just a water moon in the mirror, which can be reached but not obtained. After that, Tang Dynasty Company announced that it would ban the use of "World Bank Pass", which further shattered the previous bubble. Finally, angry investors took their own actions...... In the end, it became more and more intense, and it actually evolved into a credit crisis of "World Bank Pass".
As a professional manager, how to solve this credit crisis is more important than any other business. Hove is the chairman, but he still has Citigroup at his head. He had to take responsibility for his previous actions, and how. It's not as simple as writing a review or resigning yourself.
The best responsibility is to use reasonable methods to eliminate the impact of this aspect.
"Mr. Hough, it is basically impossible to open the "World Bank Pass" payment channel on the website of Tang Dynasty Company. โ
"Yes, I heard what Mr. Chen meant."
Having said all this before, Hough knows it. Chen Jiayi didn't mean to cooperate at all, but he was just teasing a cat, and he thought they were tempted. However, as soon as Chen Jiayi's words changed, they all changed.
"But now, the credit crisis of the World Bank Pass, I think, if it is not eliminated, will indeed damage the signboard of Citibank."
In the past, the World Bank Pass advertised that any Internet site in the world, or any bank, can use the World Bank Pass. Although it is an exaggeration, the World Bank Pass has indeed done it in Europe and the United States and other countries. However, once the Tang Dynasty company banned it, almost half of the market no longer supported the World Bank Pass.
Obviously, the current situation does not correspond to the original situation.
Many users, they use World Bank Pass, that is to go to Amazon to shop, and to do business on Alibaba. Now, none of these important e-commerce platforms support the use of "World Bank Pass", and they will definitely feel cheated.
"Yes, I think the effective way to eliminate it is to withdraw the restraining order from the Tang Dynasty Company."
If you take it back, it's all easy. Even if you can't return to the previous heyday, you can develop slowly, and there will be some markets. Moreover, the banking resources at the disposal of Citigroup are really too huge, and it may be able to win Alipay in the future. In terms of global Internet third-party payment, it has become a well-deserved leader.
"Of course the restraining order can be ......"
"Really ......"
Near, Hough was on his feet.
However, after thinking about it, he understood that it would not be easy to withdraw the restraining order.
"It seems that Mr. Chen is still waiting for me here."
"Yes, as long as Citigroup can come up with enough chips to make us tempted, we can talk in detail once we cooperate."
Chen Jia thought of this plan early on. Of course, the planning of the World Bank Pass is prohibited.
"Don't say anything about the cost of capital promotion, don't say anything, within three years, the World Bank will make full profits...... I'm going to do something real. โ
Of the two, Chen Jiayi didn't look at any of them.
"In that case...... What does Tang Dynasty need? โ
Hoff thought about it, but still didn't think of it, what conditions does Tang Dynasty Company need?
"Citibank stock?"
In the end, for some reason, Hove had a flash of inspiration and asked Chen Jiayi.
"Hahaha......"
Chen Jia laughed.
"It can't be."
Hough immediately denied it.
"Don't worry, Mr. Hough, when did I say I want a stake in Citibank?"
It would be very difficult to blackmail Citibank's shares. Besides, Chen Jiayi really didn't think that he was currently engaged in entity financial business. In his mind, as long as "Alipay" is profitable, it will make more money than any bank. No, not just to make money, he also has an unrivaled economic position in the future.
Even, become a global heavyweight financial tycoon. "So what do you need?" โ
"It's simple."
At this point, Chen Jiayi finally said his purpose, "World Bank Pass." โ
Yes, Chen Jiayi is exactly the idea of playing the "World Bank Pass".
"What do you mean?"
Hough was shocked, not understanding.
"Mr. Huo Wu, don't you think that the World Bank Pass will give us Yunying, which will be better than your Yunying?"
"I see."
Hough finally understood.
"You're talking about acquiring our World Bank Passes business."
"No, I'm talking about acquiring your company's Internet third-party payment business for a three-year term."
World Bank Pass is only a global third-party Internet payment business platform, but without World Bank Pass, they can also open a global pass, any pass...... In short, even if it is any pass, they can open it. Although Alipay has achieved most of the market in the world, there is still a lot of potential for development compared to the potential market.
Chen Jiayi needs time, do the math, this time is about three years.
Use three years to establish Alipay's global supremacy.
At this time, Chen Jiayi did not allow any payment platform, threatening Alipay's status.
Although this "World Bank Pass" seems to be suffering from a credit crisis, as long as they are in the past, even if it does not threaten Alipay's commercial status in the short term, it will continue to do so for a long time. With their strength in the international financial circle, in the end, there is still an opportunity to challenge Alipay. Even if it was such an opportunity, Chen Jiayi didn't want to give it.
Now, taking advantage of the fact that they have no time to settle for the future, Chen Jiayi has filed an application for acquisition.
"Mr. Chen is really joking, as you said, you and I are smart people, and it is impossible for us to give up the important business of Internet third-party payment in the future, although, now it seems that there is not much profit in this area."
"Oh, really?"
Chen Jiayi knew that he would refuse.
Perhaps, when they have not yet understood the importance of third-party payment on the Internet, perhaps, they will hesitate. However, when the power of Alipay showed its edge among small and medium-sized banks in Europe and the United States, they finally felt the power brought by Alipay. Even if they can't imagine what kind of product Alipay will develop into in the future.
"Mr. Hough, don't be in a hurry to refuse, let me tell you a story."
"If you can convince me, I can consider it."
Hove is a professional manager, and although he is looking forward to the future of the World Bank, he wants to solve the problems he is facing now. The reason why he refused just now was only because Chen Jiayi did not give a reason to convince him. If there is no reason, Hough simply cannot account for it, and this is the difference between a "professional manager" and a "shareholder".
"During World War II, a general said to a soldier, 'Do you want to be a general like me?' The creep nodded naturally, and swore that he would dream of becoming an admirable general. It's just that at this time, the general said to the little soldier. A long time ago, some of the minions told me this, but they were all dead......"
The meaning couldn't be clearer.
Only soldiers who survive are qualified to be generals.
"Is Mr. Hough satisfied with this one reason?"
If the current crisis is not resolved, how can we talk about the future?
"I think you convinced me."
"You are a smart man, we will definitely give Citibank a satisfactory price."
This price is completely given to Hough and used to deal with Citigroup.
Within a week, Tang Dynasty and Citibank moved quickly to sign one secret agreement after another.
Finally, the World Bank Pass, which was spearheaded by "Citibank", was officially transferred to Tang Dynasty Company today. On the same day, Tang Dynasty Company also lifted the prohibition order, allowing all its websites to support the payment of "World Bank Pass". Of course, this was only a superficial action at the beginning of the Tang Dynasty Company......
"Mr. Chen, with the strength of our Tang Dynasty company, why do you want to acquire Shiyintong?"
In Chen Jiayi's office, Xiao Liu, the secretary with a puzzled face, asked Chen Jiayi.
"Hehe, Xiao Liu, sit ......"
Xiao Liu is Chen Jiayi's secretary, and his performance has been quite good for a period of time. However, due to the short time spent in the Tang Dynasty company, the general direction is sometimes unclear. Now when asked about Chen Jiayi, Chen Jiayi was moved, and felt that this Xiao Liu was a talent, and with a little training now, maybe in the future, he would be the feudal official of the Tang Dynasty Company. "The World Bank Pass is very powerful this time, and it can't be done if it doesn't dampen its spirit." โ
If it was just Citibank's family coming in, Chen Jiayi would still think it was nothing. However, it was a large circle of national banks in Europe and the United States. Although it is the time when they are at their lowest, it is also the time when they are at their highest. Because they have only just been established, if they are pushed to be in a hurry, they will definitely be able to borrow any means to eliminate this influence.
For example, the use of government power...... It's all possible. After all, no country wants a Chinese payment platform to become a super-dominant player on their Internet. Now the Tang Dynasty Company not only helped them explain their difficulties when they were in difficulty, but also gave them a yรฒu erbium. They will try to consider whether it is worth the cost.
This kind of mood of taking advantage of the ladder to go down is estimated to occupy a major position in their hearts for a while.
If they don't control the World Bank Pass, once their crisis passes, Alipay will be in trouble at that time. Moreover, banks in other countries will follow Citigroup's example and build their own payment platforms. At that time, the Tang Dynasty Company will not be a competitor, it will be dozens. At that time, even if the Tang Dynasty company wanted to monopolize, it would not be able to monopolize it. If you ban their payment platform, they will ban your payment platform, after all, the money in Alipay is deposited from the bank.
Without the support of the bank, Alipay is also doomed.
"I see."
Chen Jiayi talked a lot, and finally, the secretary Liu Zhiming understood.
"The three-year Internet third-party payment business we acquired before that was actually dance time, waiting for Alipay to develop a general trend. At that time, even if they return to the Internet third-party payment business, they will not be able to shake Alipay's position. โ
"Not bad."
Chen Jia smiled slightly. It seems that this Liu Zhiming is good. Subsequently, Chen Jiayi said, "So speaking of which, what should we do after we complete the acquisition of World Bank Pass?" โ
Chen Jiayi was not optimistic about the "World Bank Pass", so he bought him, but saw that the "World Bank Pass" might threaten his position, so he accepted him. Of course, in addition, there is another benefit of the acquisition of World Bank Connect, that is, it opens up the physical bank card savings business. At this time, Tang Dynasty Company could easily launch a bank savings card based on "Alipay".
"Abolish the World Bank."
"It's a good one to abolish the World Bank Pass."
Chen Jiayi slapped his face and said in a deep voice, "You make a detailed plan." โ
"Yes."
Liu Zhiming was a little moved, he couldn't imagine that an important plan was actually handed over to him to complete. You must know that in some previous plans, he was at most information, how could he participate in decision-making, this is the highest level of decision-making. Unexpectedly, today's question not only made me gain a lot. Moreover, it seems, quietly, his status is rising one after another.
This made Liu Zhiming overjoyed, fortunately, he had been cultivating well, and his mood was not in sรจ, and after nodding his head and agreeing, he left.
After Liu Zhiming left, Chen Jiayi came to the window, looked at the other side of the earth, and muttered to himself for a while, "The much-anticipated World Bank Pass will surely disappear in the long river of history." In this world, only Alipay can be invincible. โ
Yes, Liu Zhiming's repeal of the World Bank Pass is also Chen Jiayi's opinion.
Of course, since it is going to be abolished, you have to say, why buy it back.
In fact, Chen Jiayi's purpose in buying it back was actually to abolish the World Bank Pass.
He didn't want to develop this World Bank Pass, because the Tang Dynasty company had Alipay. Moreover, Tang Dynasty Company has a world Internet network, and he does not need the brand of World Bank Pass at all. In the future, even if the "World Bank Pass" is still hanging on the payment channels of the major Internet subsidiaries of the Tang Dynasty Company, the promotion plan of the World Bank Pass will become less and less, and even, in the end, it will be completely replaced by the Tang Dynasty Company.
In addition, there is a better way. That is to import all the databases of the World Bank Pass into Alipay. In this way, the World Bank Pass can be destroyed in an instant. However, Chen Jiayi did not want to do this. Chen Jiayi just wants the whole world to be, and this is the fate of World Bank Pass. Although, he hangs there every day, but how many people use this payment channel?
This trick is naturally to scare off some other financial companies. After all, Citigroup is not the only financial company in the world, if they think the Internet third-party payment is good, they want to join in. At that time, the Tang Dynasty Company will be in trouble, and now it is better to generously expose a scrapped World Bank. Let them see the World Bank Pass, and this will lead to the scenario of their own business failure in the future...... Perhaps, this one or two years will pass. When they really wake up, I'm afraid they will feel that Alipay is too powerful and impossible to fight. In this way, the entry plan was abandoned. And in the end, three years will take a while. Alipay showed real power, and when they decided to enter this market by no means. It's a pity that at that time, Alipay was already in full swing, and there was no chance for them.
โฆโฆ
"The World Bank is going down, and the king of Alipay is coming again."
Regarding the Tang Dynasty Company's acquisition of Citibank's "World Bank Pass", there has long been a uproar.
Some say that this is because the Tang Dynasty Company felt the threat of the "World Bank Pass", if not, why did it acquire it. Others say that this is not necessarily the case. You must know that at that time, the World Bank Pass was in a credit crisis, and perhaps Citibank found the Tang Dynasty Company. Otherwise, if the Tang Dynasty Company did not lift the order, how would the World Bank Pass survive the crisis.
For a while, no one could convince anyone.
In the following time, everyone thought that the World Bank Pass would flash its edge again with the support of the Tang Dynasty Company. Unexpectedly, over time. People seem to find that in this world, we only remember that there was once a name called "World Silver Pass", but now ...... People don't know where to look anymore.
"This is the suppression of Tang Dynasty Company, and I hope that the world's major financial institutions will join forces again to launch new Internet payment channels."
Some media commented.
They believe that the Internet third-party payment channel will definitely be able to influence the world's financial circle in the future. Although we can't imagine the future scenario, we can look at Tang Dynasty's attitude towards Alipay, and we will know. Looking at so many companies under the Tang Dynasty Company, we really rarely see that the Tang Dynasty Group actually cares so much about "Alipay".
This is by no means normal.
It's just that, despite the strong advice of countless media, the world's major financial companies, they have not reacted. Even, some CEOs of financial companies want to scold these media, "Nima, you still want to let us in, and you don't want to see what happens to Citibank." Besides, when it's good, a strong person knows how to advocate. When it's not good, these media are the best at falling into the well...... Now, let's see. โ
Yes, these companies are really a little worried.
It is not difficult to launch Internet payment, the difficulty is how to promote it. You promote it in reality, although it is useful, but how can it be as powerful as the Internet of the Tang Dynasty Company. After all, this one payment is a variety used on the Internet. Again, even if another payment platform is launched, will there be users who will try it out? After all, the previous World Bank Pass has been a big cheat. Now that I think about it, it's still Alipay Niu. Moreover, after this incident, Alipay completely opened up all banks in the world.
What reason do they have to switch to other Internet third-party payment platforms? RO@ใ
id="BookTexts">