Winner Takes It All, Resurrection 2009

“It’s strange why WeChat Technology seems to have no response to the launch of the red envelope and nearby people functions on mobile QQ, even our offline construction of physical store payment channels.

Just watching from the sidelines, doesn't this totally go against the logic of business competition?
You know, even Alipay has started to develop similar functions to prevent customer loss, and has had many offline conflicts with Alipay. What on earth is Qingyun thinking? "

What puzzled Tengda's management was that for some reason, the senior management of Qingyun Group seemed to have temporarily lost their hearing and did not seem to care about Tengda's business moves at all.

That is to say, at the very beginning, in the Qingyun Software App Store, the launch time of the new QQ function was slightly delayed in the name of reviewing the software security. At that time, the management of Tenda was so scared that they thought there would be a fierce battle.

Even Tony Ma made a wrong judgment, thinking that Qingyun Software was taking the opportunity to delay the review and buy time for WeChat Technology to develop similar functions.

To this end, he even asked someone to pass on a message and asked the Ministry of Industry and Information Technology to intervene, accusing Qingyun of abusing its market dominance and relying on the scale of Qingyun Electronics' smartphone users to impose obstacles and access restrictions on the normal operations of third-party companies.

The Ministry of Industry and Information Technology has been keeping a close eye on the two groups. How long has it been since the three-dunk battle?

If the two companies fight again, what will the higher-ups think, and how will netizens across the country view their work?
So in the second week of the review, the Ministry of Industry and Information Technology took the initiative to send a letter to Qingyun, hoping that the latter would release the latest software version of its peers if no obvious security risks were found.

Qingyun was waiting for the government to intervene, and took the opportunity to submit a ten-thousand-word letter to the Ministry of Industry and Information Technology regarding the abuse of transfers, the lack of supervision of the red envelope function, and the possibility that the nearby people function could be exploited by criminals.

In short, I said a lot of things, just hoping that Tenda can take the initiative to strengthen its self-examination, and that the Ministry of Industry and Information Technology should strengthen supervision in related fields to avoid major chaos in the future.

After receiving the feedback, Tenda immediately refuted it and responded to the Ministry of Industry and Information Technology in the shortest possible time, citing examples to prove that Tenda’s self-review mechanism for Internet finance is extremely complete.

They also accused Qingyun by name of making groundless commercial accusations and smearing Tengda's image.

Little did they know that this was exactly the effect Qingyun wanted, and it immediately launched a semi-public push on WeChat Technology and friendly competitor channels, engaging in a war of words with Tenda.

result?

Of course there can be no results.

This kind of confrontation is often just one-sided. Qingyun cannot provide evidence to prove that Tengda's Internet financial business has flaws, and it is willing to turn a blind eye to it for its own benefit.

As for Tenda, while proving its ability to strengthen auditing and prevent illegal incidents, it also attacked Qingyun's monopoly and bluntly stated that Qingyun was a cancer that hindered free competition on the Internet.

Other Internet companies were more or less involved in it, leaving netizens at a loss as to what to do for a while. In the end, they could only take sides based on their preferences. After all, no matter how you looked at it, it seemed that Qingyun was the one who was unreasonable first.

Isn't it unreasonable to delay the launch of Tenda QQ's new function for nearly two weeks based on a groundless speculation and an untenable reason?
"Maybe the Qingyun technical team was not capable enough to come up with the red envelope and nearby people features, and they were slapped in the face by Tenda QQ first, so they got angry and embarrassed."

"That's right. How could Tenda be such a large company with a sound audit mechanism and allow criminals to take advantage of it and use the Internet financial payment system to commit crimes?

It's really laughable. I would believe you if you said that those lazy banks had loopholes to exploit, but it's impossible for Tengda to make such a low-level mistake. "

“I originally thought that Qingyun Group was a responsible large company. When it helped 361, its slogan was very good, aiming to create a new atmosphere of openness and freedom on the Internet.

The result is that just because they have a few more mobile phone users, they use their scale advantage to attack their competitors. This is even more excessive than what Tenda did at the time. It is simply a cancer in the Internet industry!"

With many competitors secretly fanning the flames, public outrage arose and condemnation of Qingyun's bad behavior continued on the Internet. Qingyun seemed to have an even worse reputation than Tengda.

Especially when WeChat Technology launched the red envelope function and took the initiative to make self-restrictions, castrating the function of receiving money from some strangers and receiving red envelopes (limiting transfers from strangers within the group).

The criticisms from the public were overwhelming, with WeChat Technology accused of following in Tenda's footsteps and borrowing from others. They even had the nerve to say that Tenda was the industry's paraquat.

Now it seems that Qingyun is not much better.

The Internet is so impetuous that once a certain rhythm is completely set off, the shouting and killing posture can easily affect the onlookers who are unaware of the truth, let alone in a relatively closed information cocoon.

People's sources of information are relatively limited, and it is difficult to distinguish the truth from falsehood with limited information. They can only follow the crowd and express their own opinions.

The question is, does Qingyun really have no ability to reverse unfavorable public opinion?

"Chairman, now that you're back, we're back on track. The situation we're facing right now is very wrong. It seems like all the monsters and demons hiding in the dark corners have jumped out at once.

It looks like he is going to take this opportunity to settle accounts with the group."

Wu Yibin did not go to Europe. He was almost suffering from nervous breakdown due to the online public opinion in recent days. However, an order from his boss forced him to tie his hands and feet on the Internet.

With only a mouth and a pair of eyes to move, how can you defeat your opponent?
What's more, Qingyun Big Data Center surrendered to the enemy at the last minute. According to the person in charge Ye Feng, this is an excellent opportunity to test the core algorithm of content distribution and the new push mechanism.

As for the reputation and public opinion of their own company?
In that case, we'll have to inconvenience Mr. Wu and WeChat Technology temporarily.

Facing Wu Yibin, who looked aggrieved and confused, Li Zehua smiled and explained the whole story, then sneered, "It doesn't matter, let the public opinion continue to ferment, what's the big deal about getting scolded?
Sometimes, the Internet is like a fish in water. The memory only lasts for a few seconds, and then it disappears. In another week or two, it will be the college entrance examination.

You don’t think that a few new software features from two companies can overshadow the annual grand event of the carp leaping over the dragon gate, do you? "

Wu Yibin heard the conciliatory attitude and became anxious, "No, Boss, are we going to suffer this loss in silence and have no chance of revenge?
Besides, I totally don’t understand. I heard Feng Mingcheng mention the red envelope function. The company has already developed it, right? "

"Why did that kid tell you everything?"

Li Zehua looked at him speechlessly, then looked at the other executives following behind him, who were all talking in low voices.

He lowered his voice and said, "Old Lin is very tight-lipped. He didn't tell you anything?"

"say what?"

Wu Yibin was confused, but then he saw his calm and amused look on his face and understood something. "Boss, are you setting a trap again?!"

Li Zehua saw him scratching his head and cheeks impatiently, and smiled, "Keep it a secret, no comment!"

Wu Yibin could no longer sit still. He said hello to Zhang Tao, and shamelessly got into the car, refusing to get off.

Yu Li, who originally wanted to take the opportunity to give a work report, could only get on the car behind in a depressed mood.

Inside the car, Wu Yibin was still begging. Li Zehua took into consideration that there were too many people at the time and he was afraid that it would not end well if he spoke out. In addition, all subsequent plans required the cooperation of WeChat technology.

He selectively spoke of a part of it. The more Wu Yibin listened, the brighter his eyes became, and he smiled obviously afterwards. But then he changed his mind and said, "Boss, isn't this time span too long?

You just said that the Internet's memory is as short as that of fish, but it's only the end of May, and there are still three months before the start of the college semester. What if netizens forget by then?"

"They won't forget, because when people are found out they've been cheated, they'll get angry and take revenge.

Don't forget, this is a combo."

Li Zehua is quite confident that everything is under control. Even if someone gives him a goose feather fan, he dares to pretend to be the prime minister. "Don't look at the fierce commotion on the Internet now. Public opinion is very unfavorable to the company.

But the college entrance examination is coming soon, and the opponent has to stop the attack, otherwise he will have to go against the superiors. Whoever continues to make trouble during those few days will be given respect by the superiors.

Do you think Tenda Ali will be willing to stop now that he has finally caught the opportunity?
Moreover, even if they had to swallow their anger and accept the outcome of having the upper hand but not the benefit, Pinxixi's group buying business was valued at US$320 billion in the middle of that month.

Do you think they can continue to sit tight on the Diaoyutai after successfully listing on the Nasdaq and receiving this stimulus? "

Wu Yibin was pleasantly surprised and said, "The final fundraising price is out? Then Wang Xing will be rich." Then he realized belatedly, "Pinxixi's successful listing will raise only 2 billion US dollars. By then, the company's available liquidity will be greatly increased, which is a huge positive.

And Tenda is vigorously promoting payment channels to expand its business offline. Won’t the competition be even more intense by then?”

Pinxixi also has shares in WeChat Technology, and can provide liquidity support when appropriate. Moreover, this is funds raised through the public investment market, which means that the company's financing capabilities and channels have been further strengthened.

This is not good news for the company's competitors. Who would be willing to face an opponent who is not controlled by capital and has endless funds?

“So Tenda, Ali, and even other internet rivals that have been stimulated, such as Xiangjiang Capital and Squid Capital, are likely to choose to continue their unfinished business and continue to smear and provoke the company.

You will see that by then, the offline promotion teams of both sides will definitely be in a tit-for-tat battle over the market share of payment channels. No one will dare to give in, and no one will be willing to give up the dominance of Internet finance.

The group is just setting a trap to lure Ali and Tengda into investing heavily in offline war. The timing of sending out the red envelopes is just right. I was worried that Tengda and Fuzhibao could not keep up with the competition.

If there are no red envelopes, and only the binding money for micropayment is given, some consumers may not be willing to buy it. However, if the red envelopes are returned in real time, it will definitely greatly stimulate consumers.

This is a subsidy of real money!
In supermarkets, restaurants, daily necessities stores, cinemas, even small vendors’ carts and roadside stalls, they cannot escape the stimulation of cashback.

You were just wondering why the technical department headed by Feng Mingcheng and the Internet Financial Security Department headed by Zhou Anquan, who had developed the red envelope function, kept it secret and didn't use it.

Instead, Tenda got ahead of us, and we ourselves were branded as a copycat.

Well, let me tell you now, because everything is planned by the company.

The original plan was to drag it until the end of the year, and then cooperate with the Spring Festival Gala during the Spring Festival to catch competitors off guard (refer to the original business moves of Tengda Time and Space).

But Tenda also has experts inside. They can do what we can think of, so the company quickly adjusted its competitive approach and let Tenda take the lead. "

Wu Yibin slowly pieced together a grand plan based on the information he had. He asked with a hint of confusion, "So the company repeatedly emphasized the safety of funds during the chaos on the Internet?"

"Of course, the current 3G network is not actually suitable for large-scale development of mobile Internet users. At least in the company's planning, the 4G network era is the decisive battlefield.

But other conditions are relatively mature. For example, Roewe Electronics' production capacity has been fully operational. Except for last year's old models, this year's new models have larger orders and lower costs.

The overall performance has also been enhanced by more than 50% compared with last year. If production capacity is released, monthly production of 450 to 550 million units will not be a problem.

Just think about it, what kind of consumption frenzy would occur when there are red envelopes and cash back for every consumption?
How can those users who are still using keypad feature phones rush to buy smartphones at all costs?
What Tenda calls expanding its living space is nothing more than contributing to the group's electronic products business and other software projects. The more intense the red envelope war is, the greater the benefit to the group.

Maybe by then, smartphones will be hard to come by.”

Li Zehua was looking forward to a bright future. It was perfect that his competitor spent money to cultivate the market for him.

“Not only that, as the red envelope subsidy war deepens, other functions of Internet finance will be discovered accordingly, and those dirty things hidden in the dark will inevitably jump out and disgust people.

If no one investigates further and the facts are discovered later, all they can say is that there was a misalignment of supervision and that it was the pain caused by technological development. What can the higher-ups do then? They can only give some mild criticism and education, and then find and fill in the gaps.

However, the company has full records, and if a hidden mine is detonated when the market competition is the most intense and exciting, it is not a problem that can be easily passed by reviewing, it will cost lives. "

Li Zehua sneered and continued, "Just wait and see. Tengda has opened this loophole but has no corresponding regulatory measures, or the Hong Kong company behind it, Yutai Capital.

They just want to take the opportunity to muddy the waters and make a profit. Now the necessary preparations have been made, and we are just waiting for the other party to fall into the trap.

As long as they dare to cross the line, the consequences will no longer be decided by them.

Looking at the current attitudes of the Ministry of Industry and Information Technology, the China Banking Regulatory Commission, and the central bank, they are not very interested in proactively strengthening restrictions. To put it bluntly, the consequences are still within the controllable range, after all, the financial chaos in Southeast Asia.

Since the virus hasn't spread to China yet, the company has no way of launching it in Southeast Asia in advance and using the tragic consequences to serve as a warning to the domestic public.

Therefore, we must use Tengda’s death to warn the world that Internet finance and financial security are the bottom line of a major country. Once they are in the hands of private capital, it will be an outright disaster for all mankind.”

Wu Yibin has long been clear about his description of the out-of-control Internet finance. Many things do not need too much explanation. Just through the greed of capital and the evil of human nature, we can see that the consequences will inevitably be disastrous.

"Many powerful friends advised me that Qingyun could also take advantage of this opportunity to make a lot of money and there was no need to destroy my future, but I wanted to say that the overall environment was created and maintained by everyone.

You can make money at any time, but if you sacrifice everyone's savings of the past thirty or fifty years and then reap the benefits completely, what will happen in the future?
Yu Tai Capital can just walk away at any time, and Hong Kong Capital is famous for being greedy for money, so they don't care about the big problems in the future.

Aren’t we, the local companies that stay and continue to operate, the ones who will bear the consequences in the end? "

Li Zehua shook his head, as if he saw an even more horrifying outcome, and sighed, "Whoever wants to mess up our homeland is our common enemy. This is a matter of principle and there is no room for negotiation.

If Tengda wants to do it, let them go ahead, but don't think that they can make excess profits without taking any responsibility. That's not possible. If they dare to come, I will dare to bury them.

There will definitely be trouble when Pinxixi goes public in June, and offline competition will definitely become fierce. It doesn’t matter. I will follow suit no matter how much it costs.

We’ll just have to wait until the school season starts to settle the accounts.”

Wu Yibin understood, but was still worried, "Boss, too much is as bad as too little. In the past, we always stopped fighting when we saw the opportunity. Even if we got angry, there were always investors to mediate.

You are aiming to shake the other party's existence and completely expose their existence. Tengda will definitely fight back desperately with the connections, background and strength of Chaozhou Porridge and Xiangjiang Capital.

Not to mention the support of Squid Capital behind them. If a war really breaks out, it may not be a war that can be ended in three or two months, not to mention the opponent's layout in mobile payment and game value-added services.

It's not deep enough, not enough for the higher-ups to make up their minds to eradicate this cancer!"

"This is not a lightning raid, or rather, the raid is just a superficial attack. It catches them off guard and forces them to fight back for the sake of their core interests!"

Li Zehua is full of confidence. “The preparations for the decisive battle have been fully done. Many capital groups in Southeast Asia have already reached an agreement in advance, and Oumeng Capital is also involved.

Otherwise, what do you think I am doing in Europe?
Europe needs a chance to catch its breath. Tengda and Xiangjiang Capital alone cannot stop our preemptive strike. Yutai Capital will inevitably have to join the fight.

At that time, it will depend on who can prove their value first and make mainstream capital in Dongda see clearly what the outcome will be if Internet finance gets out of control.

I believe that all preparations have been made sufficiently. As long as Dongda Capital can see clearly the evil ambitions of the outsiders, it will never stand idly by and watch, as long as it takes action personally.

We have the advantage of fighting on our home turf, so we will never lose.

Once we enter the stalemate stage, the enemy will send us a divine assist! "

He did not explain in detail here, because the affairs of Hong Kong are an absolutely taboo topic no matter what occasion. He can make preparations in secret when Mrs. Yu, Dai Ying, and Hong Kong capital join hands to force the palace.

If he chooses to stand firm, maybe in the future he will have the possibility to successfully replace Hong Kong's traditional capital.

As long as Dai Ying and his gang of troublemakers are around, certain things are bound to happen, and by then he will have the 100% support of Dongda Core Capital standing behind him.

And traditional American capital smelled the scent and came out to seize the secondary market and the dominance of black gold. Historically, Musk did not seize the opportunity and was forced to sink for several years.

Not anymore. Virtual currency will prove its value ahead of time. The first step to its success is to replace Daiying and become the liquid currency of the dark world!!! (End of this chapter)