Winning the new financial era

Chapter 593
"He is very interested in your proposed Conferred God Universe, but he suggested that we find a good screenwriter to connect the story and characters together.

He said that he didn't have that ability, and he was forced to do it because of tight production budget. "

Hearing this, Zhang Yida laughed. After he stepped in halfway, Nezha's crew should have sufficient production funds.

But Zhang Yida still let Jiaozi continue to serve as the screenwriter, and changing the screenwriter rashly may be better than the original work, and it may also cause a rush to the street.He didn't dare to take the risk.

"Then have they agreed to sign a long-term cooperation agreement with you?"

Zhao Erya nodded, "Of course I agree, our agreement is for them to provide art resources to ensure the uniform style of each work."

"By the way, I heard that your game team is also looking for them? Ask them to produce character prototypes, saying that they are going to make a MOBA game of Fengshen."

Zhang Yida smiled, "This is called a movie-game linkage. When the movie becomes popular, the game can gain popularity."

Zhao Erya nodded, she had also heard related theories.

"Tell me, can this movie become popular?"

Zhang Yida was a little speechless, "Didn't you just say that the movie would definitely sell well?"

Zhao Erya blushed, she just said politely, but she didn't know if it would be popular or not.

But the basic level of appreciation is still there, at least the art resources are good.

I just don't know the storyline of this kind of slightly secondary "I can't help it" storyline, whether the audience will buy it or not.

Zhang Yida said with a smile: "I think there is a high probability that it will become popular. Nothing can be 100% certain."

"Then I'm much more at ease when you say that."

Zhao Erya really had high hopes for the Conferred Gods Universe project, and she had already planned that when Nezha was about to be released, the account matrix covering hundreds of millions of people around the world would all help to promote it.

"I'm going to India tomorrow."

Zhao Erya froze for a moment, "It's almost Chinese New Year, and you still have to go on a business trip?"

Zhang Yida nodded, "I have encountered some troubles, I have to solve them, and I will come back before the Chinese New Year."

Knowing how big Ruixiang's territory is now, Zhao Erya went into the cloakroom reasonably, and began to pack Zhang Yida's travel clothes.

……

When Zhang Yida's Gulfstream private jet landed at New Delhi Airport, Singh, the CEO of Babypay who was waiting here, immediately greeted him and greeted Zhang Yida and others to get on the car.

Ma Jun and Lan Lan who accompanied them got into another car, and Zhang Yida and Singer shared the same car.

On the way, Singh talked about the troubles BBPay encountered.

"The purely Chinese investment has caused us to encounter many difficulties in the development process.

Compared to Paytm, we need to face more scrutiny and questioning. "

Zhang Yida nodded, "Okay, I know that, this time I came here to solve this matter."

Singh sighed, "After Paytm received investment from Buffett's Berkshire Hathaway last year, its influence in the capital market has far surpassed ours.

You know, this is Buffett's first investment in India.

According to this gentleman's value investment philosophy, it is very likely that he will hold this share for more than 10 years.

Buffett has begun to invest in mobile payments in India, which sends a signal to the outside world.

Google Tez and Amazon Pay have been launched one after another, Wal-Mart has acquired Flipkart, and the curve has entered the mobile payment market.

In addition, the local Reliance Group has also launched its mobile payment application Jio money and payment bank Jio Payments Bank.

In addition, start-up companies include Tiger Fund, Blackshirt India, Razorpay invested by Jingwei Global, and Freecharge, which was acquired by India's third largest e-commerce platform. "

Zhang Yida frowned when he heard that, foreign technology giants, Indian local giants, start-up companies, plus Chinese technology giants, the four parties are currently fighting together.

"By the way, isn't Paytm Mall the third largest e-commerce company? Has it changed now?"

Zhang Yida was a little curious. In addition to mobile payment, Paytm also launched B2C e-commerce, and wanted to fully copy Ali.

I heard that it is doing well in India, so is the strategy ineffective?
Singh waved his hand, "No, Mr. Zhang, you don't understand that Paytm Mall has been providing cashback on a large scale before.

Unfortunately, they failed to find volume and unit economics in consumer-facing e-commerce.

The average monthly transaction volume of Paytm Mall has been declining for the past few months, according to their logistics partners.

Paytm Mall is now a joke in India. They learn from China’s Pinduoduo and provide Indian consumers with high rebates on Apple mobile phones. "

Singh spread his hands, "However, the national conditions are different. After buying iPhones, users continue to return to Amazon and Flipkart for shopping.

Moreover, there are still many users who do not believe that there are such high rebates, and dare not go to their platform to buy mobile phones.

At present, Paytm Mall has completely abandoned the B2C market and completely transformed into B2B. "

Zhang Yida smiled, how can I say this, let you plagiarize, you must have suffered a lot!

I originally wanted to try water and e-commerce in India, but looking at it like this, it is very difficult to do it!

The No.1 e-commerce market in India is Amazon, and the No.2 is Flipkart, which is backed by Wal-Mart.

No.3 is Snapdeal, a start-up company that has made a comeback, while Paytm Mall invested by Ali has slipped to No.4.

Looking at the Chinese market, we can understand that the e-commerce market is so great that there are only three companies with a large market share. Other companies can only drink soup and have no meat at all.

Judging from this situation, Ahri's e-commerce strategic layout in India is basically on the verge of failure.

Zhang Yida felt that he could no longer jump into this big pit now, the time window had been missed, so he could only lie dormant and wait and see what happened.

Singh continued to introduce the status quo of mobile payments in India, with the focus on Paytm and its parent company One97.

Ari and Softbank’s investment is also mainly invested in this parent company.

“In addition to Paytm and Paytm Mall, One97 currently owns Paytm Money, a wealth management subsidiary, and Paytm Payments Bank, a payment bank.

However, because we are Chinese-funded, our application to the payment bank was repeatedly rejected.

However, everyone now understands that the positioning of payment banks is problematic.

Our country's central bank has set the upper limit of deposits in payment banks at 10 rupees, or about 9848 yuan.

The move is to make sure payments banks don't pull in urban dwellers and the wealthy who are already banked.

At the same time, in order to reduce risks, the central bank also prohibits the payment of bank loans to users, and cannot issue credit cards.

And the central bank also stipulates that 75% of deposits must be invested in government bonds with a maturity of no more than one year, and the remaining 25% can be deposited in commercial banks.

This can't make money at all, and the company has filed for closure, so I don't do this shit payment banking business anymore. "

Zhang Yida smiled. The Indian government is also a trap. It wants to start inclusive financial services through payment banks, but it does not allow companies to make money.

This kind of business model is going to be a ghost. Although domestic Internet banks cannot issue credit cards, they can lend money anyway, which is also the main source of income.

Singh added: "But it is feasible for us to apply for a small finance bank, which can provide small loans to customers and issue credit cards, and can also accept deposits of more than 10 rupees.

We have 3 million users, and we can definitely seek more business monetization models.

However, our current Chinese-funded status has restrictions, and it is basically impossible to apply for approval. "

Zhang Yida knew that Singer was dissatisfied with the status quo and was very eager to change everything when he heard Singer repeatedly emphasizing his status as a Chinese investor.

So he said, "Singer, I can hand over the control of BBPay to you, but it will require you to assume certain responsibilities and debts."

Singer's heart moved, "What debt?"

(End of this chapter)