Winning the new financial era

Chapter 670 A Win-Win Scenario
On July 7, Dawang Loan, a super loan platform under Sina, was visited by the police for questioning.

This piece of news, together with related videos, immediately became the hot search on DouTV, Kuaishou, Tiantian Toutiao and other platforms.

That's right, it was Zhang Yida's instruction.

Sina repeatedly refused to give him face, and blocked his Weibo account. He could remember everything in his notebook.

Ten years is not too late for a gentleman to take revenge, and he finally waited for the day of revenge.

In fact, the media had previously revealed that Dawang's loan violations diverted traffic to the "714 Antiaircraft Cannon" platform.

At the same time, there are still many users posting reports on the Ju Complaint website, "Several apps on Dawang Loan contain a large number of 714 anti-aircraft guns. I hope the relevant departments will order them to rectify or remove them from the shelves."

A user broke the news and complained: "I borrowed 4000 yuan through Dawang Loan, and received 3000 yuan in the account, with 7 yuan in 1000-day interest.

Calculated, the annualized comprehensive borrowing cost is as high as 3467%.

I can't bear it at all!It was because of Sina’s 20-year-old Internet giant’s brand that they borrowed. I didn’t expect such a big pit to be hidden. "

If someone takes the lead, there will be a second and a third.

If news like this on Weibo couldn’t spread, they went to Penguin’s Zhihu, Toutiao, and Sharp’s products to break the news.

It doesn't matter if you send a text, or make a short video.

The victims are all telling their own experiences, and while blaming the king for the loan, they also advise the common people not to be deceived again.

In addition to Daichao, Sina also has several cash loan platforms.

Now among the top [-] Internet companies in China, there are almost none that do not do finance.

However, Weibo's stock price is weak and its revenue growth is weak, so it also focuses on new finance.

There is nothing wrong with doing finance, but as a veteran Internet company, the three Internet giants at the beginning of the century did not even want the basic face. It can be said that there is no bottom line.

Although Zhang Yida also does cash loans and super loans, he never launches products with illegal interest rates in China, or cooperates with anti-aircraft artillery platforms.

Although those foreign loan products have high interest rates, foreign bad debts are higher, and local laws allow high interest rates in the eyes of Chinese people.

Zhang Yida's action made Sina a bit embarrassed.

It is very embarrassing to be questioned by the police.

If it wasn't for Rui Xiangxi's efforts behind him, the situation would calm down in a short time.

As a veteran giant, this energy is still there.

The tens of millions of views on the short video platform have basically let tens of millions of people across the country know about this matter.

The term "technology doing evil" has once again been put on the table, and some experts and scholars have called for strict investigation of these Internet giants, which use technological power and data to engage in predatory pricing loan business.

The self-media also came to join in the fun, picking up the three P3P platforms under Sina, seven cash loan apps, and the "Weibo Borrowing Money" that comes with the Weibo app.

From the borrowing process, to interest rate pricing, to its partners, everything is clean.

The public opinion is very unfavorable to Sina, and even Baoyin Consumer Finance, which was indirectly invested by Sina and Ari, was picked up, such as violent recovery and illegal lending.

This is not the most exaggerated!
The most excessive thing is that Weibo borrowed money to bundle online lending and fan rankings, giving full play to Weibo's advantages in entertainment and gossip, and creating a unique financial scene business.

Users who borrow more than 1000 yuan in "Weibo Borrowing Money" will double the number of likes for artists;
If the loan amount is more than 5000, the number of likes will be increased by 5 times.

As a result, many teenage fans desperately "borrowed money" to support artists and hit the charts in order to chase stars.

Most notably, these borrowers are mostly younger groups such as school students and fan clubs.

Since 2017, the regulatory authorities have issued repeated orders, strictly prohibiting any cash loan institution from promoting cash loans to students with no source of income.

Even Lu Min, who is in Miaofenqi, knows that he has restrained himself, and Sina still goes its own way.

This was not picked up by Zhang Yida, but Penguin's WeChat official account was extremely active.

It's hard to say, this is not a liquidation initiated by the Sharp and Penguin against the Ahri.

……

"Yida, Ruixiang is going to be listed soon. It's so good, what are you doing to provoke Sina?"

Shen Beipeng called Zhang Yida with a very helpless tone.

If Cao Guowei hadn't asked him to come forward to make things right, he would never have made this call.

After all, no matter how old Zhang Yida is, he is still a young man in his early twenties.

Although he concentrates on the venture capital business, he is not clear about the grievances and grievances among the domestic Internet giants.

In the early years when Rui Xiang and Ah Li were at war, there were many posts slandering Zhang Yida and Rui Xiang on Weibo.

Now, it's just tit for tat.

"This is the normal evolution of the situation, and social topics have emerged."

Zhang Yida refused to admit that he had played with Sina, and Shen Beipeng didn't bother to expose it.

Out of various considerations, I still persuaded, "Yida, the company's listing is the top priority now, and other grievances and grievances should be put on hold for now!
If you stab Sina today, maybe one day they will find a chance and return it.

Now is the time when Ruixiang is at its weakest. Any news that is unfavorable to Ruixiang will have a major impact on our listing. "

Zhang Yida smiled, "Since you are serving as a pawn, you must be mentally prepared to be stabbed.

I'm not afraid of any conspiracy or tricks they play, Ruixiang has come to this day, has there been little collision with them?

We all have different ways and do not conspire with each other.There will only be more friction and collisions in the future, not less. "

There was silence on the other end of the phone, and Shen Beipeng admitted that he had indeed taken a picture.

The history of Ruixiang's rise is not the history of blood and tears of Ahri and Penguin, but it also took a large piece of meat from them.

The country has always been won, not in exchange for showing weakness.

Heaving a long sigh, Shen Beipeng didn't know what direction the domestic Internet would be led by Zhang Yida in the future.

Jack Ma is about to retire, and Bonnie Ma is about to reach his destiny. The future domestic Internet stage must belong to Zhang Yida.

"That's fine, make up your own mind! Blackshirt Capital will always stand by your side unswervingly."

Zhang Yida thanked him and hung up the phone.

Lie on the chair in the office, close your eyes and meditate.

……

Weibo's counterattack was slower than Zhang Yida had imagined. It took several days before the big V on Weibo reported Pinduoduo's real-name sales of counterfeit goods. The so-called tens of billions of subsidies are just a joke.

As soon as the article came out, it was naturally reposted by Wan V, and various sailors showed up to tell their own stories, and began to tell how they were cheated in Pinduoduo.

It is well said, and also attached screenshots of the shopping account and pictures of the actual products.

Pinduoduo didn't want to talk about it directly, and issued an announcement announcing another major event:
Announced the subscription of US$2 million convertible bonds issued by Gome Retail, with an annual interest rate of 5% and a term of 3 years.

According to the agreement, the initial share conversion price is HK$1.2 per share, a premium of about 0.7% compared to Gome's average stock price of around HK$70 in the last five trading days.

If Ruixiang finally exercises all the conversion rights, it will be allocated a maximum of 12.8 billion Gome new shares, accounting for about 5.62% of the latter's enlarged share capital after issuing conversion shares.

After the news came out, Gome Retail's share price soared 30%.

For a while, the news that Boss Huang was about to be released from prison began to spread like wildfire on the Internet again.

This news also offset the negative side of Pinduoduo on Weibo, and the people who eat melons have changed to new melons.

This made Cao Guowei a little depressed, feeling like he had punched cotton.

……

After discussing with her husband in prison for a long time, Du Juan decided to stand in line.

It is actually quite difficult to make this decision, because once Ruixiang takes a stake, it means saying goodbye to the other two giants, namely Ari and Goudong.

But there is no doubt that Ruixiang is the best choice for Gome at this time, not one of them.

Gome's two major service platforms, Anxun Logistics and Gome Butler, will simultaneously become Pinduoduo's logistics and after-home appliance service providers, complementing Pinduoduo's shortcomings in logistics.

Provide merchants on the Pinduoduo platform with logistics, warehousing and delivery services covering medium and large items across the country, as well as consumer service solutions including home appliance repair, cleaning and maintenance, and trade-in.

Pinduoduo will inject superior digital retail resources such as consumer big data and platform traffic into Gome, and the two parties will also actively cooperate in marketing and other aspects.

This is a win-win solution!

After the transaction was completed, Zhang Yida's idea of ​​taking a stake in Debang was not so strong anymore. Jitu and Anxun Logistics were basically enough for Pinduoduo.

I'm not afraid that the Tongda express delivery company controlled by the Ari family will quit the job one day, or do some other tricks.

The first round of subsidy of tens of billions of bullets was almost finished, and Pinduoduo quickly received the second round of capital injection of tens of billions from Ruixiang Group.

It doesn't matter if it's money or not, the purpose is to make the GMV higher.

Anyway, the whole market subsidy is paid by the shareholders.

　Thanks to the two book friends Xiaosi Shaoshao and Nian Heyi for their rewards!

　　
　
(End of this chapter)