Reborn in 1984: Starting with the Development of the Chinese Character Card Chapter 349: Yu'ebao Zhao Ye's current thought is nothing more than launching Yu'ebao and other financial products!

Building "Alipay Financial Services" and introducing state-owned and international capital to support it is perfectly feasible.

Moreover, Zhao Ye plans to launch WeChat Finance, Facebook Finance, and Galaxy Finance, aiming to create four major international internet finance giants!

The four companies operate independently and have different shareholders, so they are not a monopoly.

Currently, Alipay Finance is being developed first.

Zhao Ye rapidly typed on his laptop, writing a plan that included the general content of the Alipay app from his previous life.

Half an hour later, Zhao Ye reviewed it and then smiled, "Perfect! This design is already a mature internet finance product!"

After saying that, Zhao Ye picked up the phone and notified Alipay CEO Hu Gangyi that Alipay directors and above should come to the chairman's conference room for a meeting at 9:00 a.m. the next day.

...

The next morning at 9:00 AM.

Hu Gangyi and others had already arrived at the chairman's conference room ahead of time.

"Mr. Hu, do you know what kind of meeting Chairman Zhao wants to hold with us?"

"Chairman Zhao suddenly issued a notice yesterday, and I don't know what it was about," Hu Gangyi shook his head.

As everyone was talking, Zhao Ye pushed open the door and entered.

Upon seeing this, everyone stood up and greeted him in unison, "Hello, Chairman Zhao!!!"

"Good morning, everyone. Please have a seat." Zhao Ye nodded and smiled, then walked straight to the head seat and sat down.

"I've called everyone here for this meeting because I have something important to announce."

Zhao Ye paused for a moment, then said, "Alipay already has 500 million users in China. How to leverage these 500 million users to generate value is a question we need to consider! In my opinion, 'Internet + Finance' is the future trend of the financial industry, and Alipay, as the world's largest third-party payment tool, clearly possesses unique advantages if it wants to enter the Internet finance industry!!!"

After speaking, Zhao Ye gestured to Liu Yinyin to turn on the projector and play the PowerPoint presentation.

After a moment, Zhao Ye explained, "As shown in the picture, we need to redesign the Alipay app and add more functions, including money transfer, mobile phone top-up, utility bill payment, wealth management, and so on..."

"For example, there are wealth management functions such as Yu'ebao, funds, gold, stocks, insurance, pensions, etc... In addition, there are also Jiebei and Huabei."

"Most people in China don't know how to manage their finances, or you could say they've never even been exposed to it. But do they have a need for financial management? Of course they do! After all, good financial management is equivalent to making money, and who wouldn't like making money!"

"Currently, money market funds have emerged in China, but due to high subscription thresholds and low penetration rates, ordinary people have difficulty accessing them and can only choose bank time deposits and demand deposits."

"Yu'ebao is a product that provides balance value-added services and current account fund management services. It can be purchased with as little as 1 yuan, and fixed-term investments are also possible. It is easy to operate, has a low threshold, zero handling fees, and can be withdrawn and used at any time. The emergence of Yu'ebao makes it easy for ordinary users to manage their finances."

"In addition to its wealth management function, Yu'ebao can also be used directly for consumer payments such as shopping, transferring money, and paying bills, and it is expected to become a cash management tool in the mobile internet era!"

Zhao Ye spoke eloquently, much to the surprise of Hu Gangyi and the others.

They were all intelligent people, and they immediately understood after Zhao Ye's slight hint. They couldn't help but admire Zhao Ye immensely.

"Chairman Zhao has created a new business model, and this business model has huge potential! With the emergence of the Internet finance model, the traditional financial model will undergo a general restructuring..." Hu Gangyi thought to himself with emotion and a hint of excitement. As the CEO of Alipay, he would become a leading figure in the Internet finance field, what an honor that would be!

In fact, without Zhao Ye needing to continue explaining, Hu Gangyi and the others already understood how to build Alipay Finance.

It's simply moving the traditional financial industry to the internet, using internet technology and online platforms to achieve rapid delivery and processing of financial services, while also launching more innovative products under the internet model.

Of course, Zhao Ye's PPT was very detailed, which impressed everyone. It felt very complete and could be used directly.

The meeting lasted for more than an hour, and Hu Gangyi and others had gained a deep understanding of internet finance.

At the end of the meeting, Zhao Ye said, "Many ordinary Chinese people have never done financial management before, so we can't take too big a step. We should proceed gradually, first develop Yu'ebao, and then slowly update other financial products!"

"Yes, Chairman Zhao!"

After the meeting, the Alipay team immediately partnered with Galaxy Financial Group to select a fund for developing the Yu'ebao product.

The technical difficulty of developing Yu'ebao is not high; the challenge lies in connecting all the various links. However, this is not a problem for the Alipay team.

Soon, half a month later, the Yu'ebao product was ready.

When Hu Gangyi showed the new Alipay app to Zhao Ye, Zhao Ye tested it several times and was very satisfied. He then said to Hu Gangyi, "Let's launch it tomorrow. We can use the promotional resources of Huwujiang Group to promote it. We must ensure that Yu'ebao becomes an instant hit!!!"

"Yes, Chairman Zhao!" Hu Gangyi nodded excitedly.

Zhao Ye smiled broadly, gently patted the other person's shoulder, and said, "Do a good job, don't be too nervous. The sudden emergence of Yu'ebao will definitely make it a nationwide sensation!"

This chapter is not finished, please click the next page to continue reading!