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In a dire situation like China, which is full of vitality but has a huge shadow, Internet companies will think of alliance self-preservation. In the same way, the Internet giants who have long grown up and are eyeing the international market will be dissatisfied and afraid of Song Chen!

Among them, the acquisition of paypaL failed, and paypaL has long been regarded as a thorn in the flesh of eBay!

However, trapped by the different business models of eBay and Amazon, eBay can't refuse paypaL's services, so it can only acquire BILLpoInT, and support BILLpoInT through various ways such as providing preferential product login fees, hoping that this app can compete with paypaL of Chenxing Holdings!

But the "Matthew Effect" is not so easy to break, and it is a futile task to follow behind competitors until BILLpoInT comes up with an epoch-making idea or a better user experience. In the end, Schole's efforts at BILLpoInT were not recognized by users, but because eBay frequently "harassed" them to use BILLpoInT, users complained constantly!

[Note: In China, Tencent's plagiarism can be attributed to poor protection of intellectual property rights!] If Tencent wants to do this in the United States, it will first face patent lawsuits! This is also the reason why foreign products look a little similar, but they are completely different to use, not that they don't know which way is more in line with the user's mind, but they dare not cross the minefield of the patent pool! 】

And, Jeff? Scholar clearly does not understand what the essence of the Internet is!

After BILLpoInT was hastily launched at the end of last year, it still had an open platform strategy to provide payment services for other websites. But in January of this year, Jeff? Schole made a strategic mistake by suspending the partnership with excite, not allowing the latter's users to use Bi11point's services in rival excite's online auctions and classified ads.

excITe is a search engine developer, a product of aRchITexT, which was defeated by the nascent googLe in the search engine market, coupled with the Yahoo model of "free content advertising" and the "c2c" e-commerce model with high gross profits, so aRchITexT finally decided to transform into a portal and online auction, and as a result, it offended eBay......

This move angered excite users, and this stupid decision led many to turn to paypa1, and Jeff, who was hoping to seize the online auction business market by cracking down on excITe? Skoll has done twice the work with half the effort, and the purpose of seizing the c2C market has not yet met expectations, but it has made PaypaL fishermen profit in the online payment business!

Which makes Jeff? Scholar has been accused of becoming more and more critical by investors, and he is very wolf-like!

Last year, 8848 took out a good result that made American investors ecstatic on China's National Day, and this bullish news directly made 8848 be hit on the price limit for seven consecutive days, and the stock price reached $78 at the highest!

In order to regain the trust of investors, but also to crack down on competitors, Jeff? Scholar resolutely decided to "seize the beach" in the Chinese market, and before that, Jeff? Before facing investors' questions, Scholar had shelved the investment decision on the grounds that "China's Internet foundation is not perfect...... As a result of this decision, there is no brand influence in China, a market full of unlimited potential.

Under this premise, the acquisition or investment of e-commerce companies with overlapping businesses is a very fast and effective way, that is, you can use the way of capital operation to provide a springboard for eBay to enter the Chinese market, and you can also use this way to acquire a complete local management team, which can be described as killing multiple birds with one stone!

In China, B2B's Alibaba's supply and marketing service platform, C2C's Taobao and B2c's 8848 are among the industry leaders. Even if Tmall.com, which has a short-term advantage, has no power to resist in the face of the behemoth of China Chenxing Holdings, Tmall's marketing department has not yet been able to buy keywords from Baidu to provide enough traffic support for Tmall!

This makes Ma Yun both proud and helpless!

At this time, the electronic harbor company sent someone to send a "takeover offer...... Jack Ma immediately realized that being backed by eBay may be the only good opportunity for Tmall to compete with Taobao on the same stage!

Acquisition? It's impossible, but it's possible to make eBay a solo funder in the third round of Tmall!

"Tmall needs a lot of help! After Baidu was reluctant to provide technical support, portals, IM software, and major chat rooms ...... As long as it can help the traffic needed for the growth of Tmall, we are very concerned! In order to get traffic, I will do whatever it takes! ”

Ma Yun, who has a strange appearance and a big head, talks eloquently under the attention of industry colleagues, without the slightest stage fright.

"We must refer to the Chenxing model to become a whole, otherwise we will sooner or later become a bunch of loose sand with no backhand ability under the pressure of China Chenxing Holdings! We have to have our own Im, our own e-commerce, our own payments, our own search engine and even our own logistics ......"

Ma Yun pinched his fingers and said in a high-spirited voice: "We must fight back!" ”

The operation mode of "Chenxing model" is reverie, and the reason why it leads people to reverie is because so far, many Chenxing subsidiaries are basically still in their own situation, each with its own business scope and insurmountable boundary line!

Alibaba's B2B, 8848's B2C, Taobao's C2C, Baidu's search and Chinese navigation, Ctrip's online travel, hotel booking and air ticket distribution, Future's worry-free online recruitment platform and services, Chenxing Entertainment's operation and Chenxing Games' research, Chenxing Software's industry software and solutions...... The subsidiaries have very impressive results in their respective fields!

Chenxing Holding subsidiaries also have a gradually perfect meeting of large professional managers, this meeting will be held once a quarter, is a C-level high-end meeting, responsible for communication and coordination of problems and disputes between subsidiaries, if there is a dispute that Zhai Yan, president of China Chenxing Holdings, can not solve, Zhai Yan will report the issue to the company's owner Song Chen, and he will make the final decision!

In response, there are also occasional department manager-level meetings that share technology between subsidiaries, patent cross-swapping, and internal payment clearing!

This kind of coordination mechanism has been established for 18 months at the request of Song Chen, and it has been relatively perfect so far, and every meeting at different levels will make the outside world full of interest, but because of the high degree of secrecy mechanism, the information has never been disclosed, this kind of opaque operation is full of curiosity, but also awe-inspiring.

China Chenxing Holdings...... Even in addition, once the United States Chenxing Holdings opens up business contacts between each other, it will be a real awe-inspiring existence at that time!

However, there is also a subsidiary that plays an extremely important role in Chenxing Holdings, that is, one of the core assets of Chenxing Holdings: Alipay!

In 1999, after Shen Yufei, the former technical president, took over the power from Jiang Yan and served as the executive officer of Alipay, he was tepid at the beginning of the geek and has been leading the company's technical team to open various new applications.

However, after the end of the National Day in 99, he did something that made the industry stunned, that is, to open a precedent for China Chenxing Holdings, trying to open up different account systems between the products of China Chenxing Holdings' subsidiaries - on the basis of the original gmaIL account system, it has successively opened up QQ, Baidu, Alibaba Group's three major platforms, Ctrip, the account system of the future, and even the game account system of Chenxing Entertainment.

Reminiscent of Yao Hua of Chenxing Network, the new version of QQ will be able to customize its own account instead of a digital system, which undoubtedly hints at the direction of China Chenxing Holdings' future exhibition.

After Alipay opens the account, people who do not have an account in Alipay can log in to 6 Alipay, and the bank account bound to Guò is very convenient to buy the products of China Chenxing Holdings, which is very convenient and has been well received by Chinese users.

And Shen Yufei's action also made the industry aware of the omnipresent influence of China Chenxing Holdings, and Ma Yun had to find allies in many ways in order to fight against the whole, which also produced the idea of winning over Ma Huateng.

"Whether it's a merger between Tencent and Tmall.com, or cross-shareholding, these are not problems!"

Ma Huateng wears a pair of silver-rimmed glasses, looks elegant and handsome, and speaks calmly and powerfully. However, after listening to Ma Yun's grand ambitions, he did not have a very optimistic expression, on the contrary, his expression was quite suspicious: "If you want to confront Song Chen, there are two key issues, one is payment, and the other is search!" Two problems in one, in essence, is a problem of technology! First of all, online payment, Tmall's current online payment relies on Alipay's services! But we must cut off the business ties with Alipay, otherwise we will need to pay a lot of fees to Alipay for every point we grow, which is not the work of a wise man! ”

Zhang Zhidong, a friend and subordinate who sat next to Ma Huateng and is also Tencent's technical director, said: "Not bad! If we want to master our own third-party network payment, technology is not a problem, even if Alipay holds the basic patent of network payment, considering the current situation of Chinese law, it can only be stopped in the end! And we can also acquire the existing online payment technology in China! (To be continued...!)