Reborn in 1984: Starting with the Development of Chinese Character Cards, Chapter 351: The Rise of Domestic Mobile Phones. The development speed of the Internet finance industry exceeded everyone's expectations.
Since the launch of Yu'ebao, Jiebei, and Huabei, they have experienced rapid growth, which has also consolidated Wujiang Group's market share in the e-commerce sector.
Moreover, it brought Alipay an enviable amount of huge profits.
On May 5, 2006, the Alipay app continued to update with more financial management options, including funds, stocks, gold, insurance, and more, basically meeting people's financial management needs.
These investment projects are also very popular among users. Previously, people didn't know how to buy funds, stocks, gold, and insurance, but using Alipay makes it much simpler, and its various recommendation mechanisms allow even those unfamiliar with finance to buy without much thought. Currently, China's economy is developing rapidly and is booming; the Chinese stock market is in a bull market, so buying stocks and funds is unlikely to result in losses.
This is why everyone is happy to see the considerable returns in their accounts every day, which also encourages more people to use the Alipay app for wealth management.
Alipay has transformed from a simple third-party payment tool into a massive internet finance group with astonishing growth potential. Top global investment institutions are very optimistic about it, and Alipay's valuation is over three trillion RMB.
Galaxy Financial Group and Standard Chartered Bank have benefited greatly from their close cooperation with Alipay, becoming globally renowned financial institutions with soaring market capitalization.
Wujiang Group.
"Alipay could try venturing into the charity sector!"
Zhao Ye took a sip of tea and smiled at Hu Gangyi, the CEO of Alipay, saying, "Alipay's rapid development has already made many people envious and jealous. Doing charity can not only help those in need and gain a good reputation, adding a protective halo to Alipay, but also increase user stickiness and the frequency of users using Alipay! You can go back and think about how to do it carefully and come up with a more comprehensive plan!"
Hu Gangyi was surprised when he heard this, but after thinking about it carefully, he felt that what Zhao Ye said made a lot of sense.
"Okay, Chairman Zhao, I'll have someone study how to integrate the charity business into the Alipay app as soon as I get back!" Hu Gangyi nodded.
"Yes, let's hurry up. I plan to have Alipay conduct a round of financing before the end of this year. Increasing charitable business will definitely increase Alipay's valuation!"
"Okay! Don't worry, Chairman Zhao, the charity business will definitely be launched before the financing!" Hu Gangyi said confidently. There are still more than six months until the end of the year, and Alipay has enough time to develop charity projects.
...
After Hu Gangyi left, Zhao Ye picked up a research report from his desk and began to read it.
It's May 2006 now. The earliest batch of mobile phone manufacturers that partnered with Wujiang Group have already launched their smartphone brands, including Bird, Gionee, Coolpad, Coolpad, Tianyu, Lenovo, and a whole host of other domestic mobile phone brands that have since disappeared.
In their previous lives, these mobile phone manufacturers were eventually eliminated because they lacked technological sophistication.
However, in this life, Wujiang Group provides them with a one-stop service, making full use of their advantage of having no technical expertise.
It is precisely because they lack technological sophistication that they choose Wujiang Group's one-stop service. On the other hand, mobile phone manufacturers with technological expertise tend to be a bit arrogant and want to make further improvements to the solutions provided by Wujiang Group. As a result, to date, mobile phone manufacturers such as Samsung, Motorola, Nokia, and Sony have not yet launched their first smartphones. Even disregarding the design and development of smartphones, the production and distribution of mobile phones alone require a considerable amount of time.
At this time, there were already more than ten smartphone brands on the market, giving Chinese consumers a wider range of choices.
However, Honor phones and iPhones are still the two best-selling phones.
Of course, other smartphone brands also sold quite well, even surpassing Nokia, Motorola, and Samsung in market share. Their overall configurations were slightly higher than Honor phones, and their prices were mostly between 1,500 and 2,500 yuan, mainly due to differences in cameras, memory, and storage.
"The fact that these mobile phone manufacturers were able to survive in the era of feature phones shows that they do have something to offer. At least they are all qualified manufacturers that sell products," Zhao Ye said with a smile.
These domestic mobile phone manufacturers are actually very business-minded and know how to sell their products. They have achieved good sales results both online and offline.
Their hard work allows Zhao Ye to receive 1,000 Rolls-Royce Phantoms every day.
With them, we can expand the entire market and ultimately benefit Wujiang Group.
Zhao Ye believes that in the future, people will definitely be more inclined to buy Honor and iPhone when purchasing smartphones.
Mobile phones lacking technological sophistication and brand recognition will only gradually decline in the face of fierce competition.
Of course, choice is also very important; choosing the right direction means you're halfway to success.
Even a giant like Nokia failed because it was slow to develop smartphones. When Nokia CEO Jorma Ollila announced at a press conference that he had agreed to be acquired by Microsoft, he concluded by saying, "We didn't do anything wrong, but we don't know why we were eliminated!"
Currently, as long as domestic mobile phone manufacturers continue to steadfastly choose to align themselves with Wujiang Group, they can live a relatively comfortable life.
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