Rebirth begins with e-commerce

"Hello, Mr. Luo, what do you think of the recently emerging shared bicycles?"

A reporter asked Luo Xiu a question.

"I think this is a very promising business. It solves the problem of the last mile of people's travel, makes up for the shortcomings of public transportation, and is also consistent with the concept of green environmental protection advocated in the world today. In short, I am very optimistic about this industry and hope to start a business.

They can succeed.”

Luo Xiu praised him without hesitation.

Anyway, in this kind of situation, it won’t hurt to say too much.

The reporter continued to ask: "As far as I know, the idea of ​​shared bicycles came from Mr. Luo, but why did you just hand over this market to others?"

"There are many profitable businesses in the world. We at Pinru Group do not need to be involved in every project. We want to give relatively simple businesses like shared bicycles to young entrepreneurs."

"Mr. Luo, you are really upright and upright."

"No, no, I just want to leave a little space for this world. If we don't let anything go, participate in every field, catch all the small fish and shrimps, and monopolize the Internet business, then our society will

It will lose its vitality and the soil for innovation."

"Mr. Luo, are you referring to which company?"

Reporters deliberately dug holes to make big news.

"No, no, I just said it based on my feelings, it has no other meaning."

Of course Luo Xiu shook his head in denial.

Just leave this kind of thing to netizens to think about, there is no need to explain it yourself.

After the reporter ended the interview, he quickly prepared a title:

"Luo Xiu denounces Internet giants for engaging in industry monopoly, leaving young entrepreneurs with no place to stay"

In addition to the title, the content even more elaborately describes what Luo Xiu said.

After reading it, netizens also yelled:

"Mr. Luo is right, it is too difficult for young people to start a business now."

"Even if there are any new ideas, the company has just started, and the entire model will be copied by those big companies, and those big companies have more money than you, and they will kill you directly."

"So the society now lacks innovation more and more. You copy mine, and I copy yours. In the end, it is a competition to see who has more money. Those with more money take over the entire market. In the end, those with money will become richer and richer.

It’s getting harder and harder for the poor to get over themselves.”

"So, Luo Xiu is really a breath of fresh air among entrepreneurs. He has such a good idea like the sharing economy, but he doesn't use it himself, and yet he exposes it to the society for free."

"Didn't Mr. Luo say that? He wants to do more difficult things, and let young people do it through a relatively simple model like shared bicycles."

"He may have forgotten that he is also a young man himself."

"Judging from his age, he is indeed a young man, but he has been starting a business for six years. You must know that more than 90% of start-up companies do not survive five years. In terms of the year of starting up, Luo Xiu can definitely be called an old man.

"

…

When the bike-sharing model was first launched, netizens generally praised it.

Because it does bring great convenience to people's travel.

However, due to various problems such as management and maintenance in the later period, various problems such as management and maintenance were exposed one after another. The tools that originally facilitated people's travel turned into problems such as blocking roads and being piled up in disorder.

Now, netizens are naturally praising Luo Xiu for proposing the concept of sharing.

I think he brought a new way of life to this world.

From the first takeout, to scan-code payment, to now shared bicycles, everything has greatly changed people's lives.

In particular, scan-code payment has been rapidly promoted starting from chain convenience stores and has also entered campus canteens.

More and more young people are beginning to support this new payment method.

However, Luo Xiu is still not satisfied with the status quo.

"Our moat is not deep enough and we could still be breached at any time," he said at a company meeting.

"Mr. Luo, I think your worries are a bit unfounded. We are expanding so fast now, and we are flying on the mobile Internet chariot. Who else can catch up with us?"

Luo Xiu shook his head, "Don't say we are just riding in a chariot. Even if we are a chariot, how can we resist if two horses come out at the same time?"

"Both horses come out at once? Mr. Luo, what do you mean?"

"Yes, I got news that those two companies are already preparing to launch their own mobile payment."

After Luo Xiu finished speaking, everyone in the conference room couldn't help but look sad.

It's not that they don't have confidence in themselves, it's that the enemy is too powerful, which makes them a little desperate.

"After all, we have won the merchants and users in advance. It won't be that easy for them to surpass us, right?"

"It's useless to just win over the merchant. The merchant adds a payment method, which is just a QR code. It won't increase the cost. The most important thing for us is to retain the users."

"So Mr. Luo, what do you have in mind?"

At this moment, everyone can only put their hope in the boss.

"There is only one way, and that is to let users deposit money."

Users actually don’t care which app they use to pay, they just use whichever is more convenient for them.

If you want users to have to pay with Fantuan and refuse to use other payments, there is only one way, and that is to let users put all their money in Fantuan's account.

There is no money in other accounts, so I can’t use it to pay. Of course I can only use rice balls.

"But why do users want to deposit all their money with us? They must deposit it in the bank. They are not stupid..."

"Of course users are not fools." Luo Xiu interrupted him, "We want users to transfer money from bank cards to our accounts. There is only one way, and that is to offer higher interest than banks."

Luo Xiu refers to the original history of the Yu'e Bao function launched by Alipay in June 2013.

The Chinese are different from people in developed countries in Europe and America. They were afraid of poverty when they were young. Even the poor have the habit of saving money.

If there is no deposit in the bank card, I feel uneasy.

However, most people only know how to deposit money in the bank, but do not know how to use the money to manage finances and make money make money.

At the same time, they are also afraid that the more they manage, the less money they will have.

You are interested in his interest, and he is interested in your principal.

So most people would rather be conservative and keep their money in the bank.

The older ones couldn't even trust the banks, so they put their money in clay pots and buried them in the ground. After a few years, they dug them up and found that water had entered them and they were all rotten.

The emergence of Yu'e Bao can be said to have opened the door to financial management for all.

People discovered that the interest on Yu'E Bao was much higher than that of bank cards, so young people transferred their money from bank cards to Yu'E Bao.

Every time when wages are paid, the money is transferred to Yu'e Bao as soon as possible, and I spend from Yu'e Bao on a daily basis.

In fact, Yu'e Bao is not a new invention. It just helps users buy relatively low-risk currency funds.

Luo Xiu’s idea is to launch Rice Tuan Bao first to absorb users’ deposits.

When the user's money is in Fantuan Bao, daily consumption can naturally only be paid through Fantuan.