Jack Ma feels like he has lost weight recently!

Now the storm has finally calmed down and I can feel comfortable for a while.

As a result, a bigger storm is coming!

"Damn BC executives, they are so unreliable!"

Jack Ma angrily yelled: "And Xingyi Technology is really difficult to deal with!"

For a moment, Jack Ma felt regretful and fully understood Li Yan's pain.

"If I had known this, I wouldn't have provoked Xingyi Technology!"

"But unfortunately, it's too late!"

Xingyi Technology and Wang Yi are completely the most difficult opponents to deal with.

Vice President Mo Yi also had a complicated look on his face, sighing in his heart: ‘If I had known this, why bother in the beginning’!

But such words cannot be said.

"Then how do we deal with this wave of public opinion crisis?" Mo Yi asked: "Should we continue to deal with it coldly?"

Jackma thought for a while and sighed: "That's all we have to do."

"If it's crisis public relations, it doesn't mean much. After all, those bastard executives have sold us, and there are emails for internal communication. It's considered a real hammer!"

Liu Quanxin, the person in charge of Alipay, was a little unwilling: "We can refuse to admit it until we die, but then it will just be talk."

Jack Ma shook his head:

"Not good. I'm worried that Xingyi Technology has more than one backer. If we refuse to admit it, Xingyi Technology turns around and exposes a second overseas media... Then we will be completely finished!"

"This..." Liu Quanxin was silent, but had to admit that this was very possible.

Jack Ma sighed: "We have no choice but to continue to shrink. We just don't know how many users we will lose in this wave!"

Vice President Mo Yi also frowned: "What's even worse is that many Taobao users no longer use Alipay and start using Changchao to pay!"

At present, Xingyi Technology and Alibaba are still maintaining the last dignity.

Xingyi Technology's Meiyou Mall, Xingyi Mall, Ele.me takeaway, and Amap Taxi all accept Alipay payment.

In exchange, Alibaba’s Taobao and Tmall also have access to Changchao payment for the first time.

There was no way, before Taobao did not connect to JD.com payment, JD.com directly blocked Alipay payment, and Alibaba permanently lost JD.com.

In order not to lose the payment entrance to Xingyi Technology's series of platforms, Alibaba could only compromise and connect to Changchao Payment, so that both parties can integrate with each other.

It’s just that Alipay accounted for the majority before. Such integration will bring more benefits to Alibaba than disadvantages.

Last year, even in Xingyi Mall and Meiyou Mall, Alipay users accounted for 60%, Changchao Pay users accounted for 20%, and UnionPay accounted for 20%.

When it comes to Taobao and Tmall, Alipay users account for 70%, UnionPay payment accounts for 20%, and Changchao payment accounts for only 10%!

It can be said that whether it is the Xingyi platform or the Alibaba platform, Alipay is in an absolute leading position, and Changchao Payment is just the younger brother.

The two parties are integrated and interoperable, Alipay has won the most users, and Alibaba naturally has no objection.

But now, with the rapid rise of Changchao Pay and the recent turmoil, Alipay users plummeted and Changchao Pay users surged, the situation has completely changed!

Currently, 70% of the users of Xingyi Mall, Meiyou Mall, Ele.me, AutoNavi, and Changchao Pay are used, 20% are UnionPay users, and only 10% are Alipay users.

Even on Taobao and Tmall platforms, the number of Changchao payment users is as high as 50%, UnionPay users account for 30%, and Alipay users are only 20%.

It can be said that whether it is Xingyi Technology's platform or Alibaba's own platform, Alipay has completely collapsed and is no longer what it used to be.

Looking at these data, Jack Ma was shocked: "I didn't expect that the situation has deteriorated to this point. No wonder the number of active Alipay users is less than 40 million, and they have all been taken away by Changchao!"

Alipay originally had hundreds of millions of users!

But now, there are less than 40 million Alipay users left!

On the contrary, Changchao has 290 million users!

This is not possible.

"If we block Changchao Pay, wouldn't it be able to instantly restore our users? Let Alipay's user base return to 100 million?" Jackma couldn't help but said.

Liu Quanxin's eyes lit up: "That's for sure. If Changchao Pay, Taobao and Tmall merchants are blocked, users can only use Alipay and UnionPay. Those users who gave up Alipay will also have to restart Alipay! Alipay users will return

100 million, there is no problem. But if this happens, Xingyi Technology will definitely counterattack."

"Counterattack... Xingyi Mall and Meiyou Mall also blocked Alipay at the same time?" Jack Ma smiled: "How big are they? Do they have one-fifth of Taobao in total? It doesn't matter!"

"But, what about taking a taxi with Ele.me and Gaode?"

"This..." Jackma was silent.

Meiyou Mall and Xingyi Mall alone are far inferior to Alipay.

But with the addition of Ele.me and Amap Taxi, it’s completely different.

AutoNavi's annual revenue is 100 billion.

Ele.me’s annual revenue is in the low tens of billions.

These two businesses may not be very profitable, but their revenue is really scary.

Coupled with Xingyi Mall and Meiyou Mall, the size is even higher than Taobao + Tmall.

There are also more related users.

For a moment, Jack Ma hesitated.

After a long time, Jack Ma still said in a deep voice: "Then we have to ban Changchao Pay! Even if we lose all these platforms, we still have to ban it!"

"Why?" Vice President Mo Yi was very puzzled. He just felt that Jack Ma was crazy and lost his mind.

Jack Ma's eyes flashed with a sharp light: "Even if we don't ban Changchao payment, most users of the Xingyi platform still use Changchao payment, and Alipay only accounts for 20%, or even less than 20%."

"Even if we lose less than 20% of the market, how much loss can we have?"

Mo Yi suddenly realized: "I understand, after blocking Changchao Payment, Xingyi Technology will also block Alipay. At that time, we will lose 20% of the payment share of the Xingyi platform, but we can regain 50% of the market share of Taobao and Tmall.

Overall, it’s more cost-effective! However, Xingyi Technology directly lost 50% of Taobao and Tmall’s market, and their losses were even greater!”

Jack Ma nodded: "Yes, with this kind of reciprocal ban, Alipay, which is at a disadvantage, will suffer less and gain more. But Changchao Pay, which is at an advantage, will suffer heavy losses. If you kill five thousand enemies, you will lose two thousand.

, a net profit of five thousand, no loss this time, a sure profit!"

"More importantly, once this crisis breaks out, the number of Alipay users will continue to decrease. If Changchao Pay is not banned, our market share will only continue to shrink."

Liu Quanxin, the person in charge of Alipay, was very excited: "Then I will immediately issue a notice to completely ban Changchao Payment?"

Jack Ma nodded: "Send a notice, requiring all merchants to complete the payment method conversion within a week, and completely disconnect Changchao Payment in the early morning of March 11th. As for the reason, let's just say security issues."

"Yes!" Liu Quanxin responded decisively, but Vice President Mo Yi was a little worried:

"Chairman, Alibaba is currently at the cusp of a storm. If we block Changchao Pay directly at this time, I'm worried that it will cause bigger problems and make everyone think that Alibaba is in a hurry. It's better to wait half a month for the BBC crisis to subside.

, let’s cut off Changchao Payment.”

Hearing this, Jack Ma fell into deep thought and felt that it made some sense.

However, Liu Quanxin retorted decisively: "No, don't forget that asshole executive exposed us, causing us to be boycotted again, and Alipay was uninstalled in large numbers."

"Now there are only 38 million Alipay users left. If we wait half a month before banning Changchao Pay, it is estimated that half of the remaining 38 million Alipay users will become Changchao Pay users!"

"This..." Mo Yi was speechless for a moment, this was also a big problem.

Jack Ma nodded: "Quan Xin is right, Alipay can no longer withstand any impact, let alone drop to 20 million users, Changchao Pay must be blocked."

"Yes!" Liu Quanxin was in a good mood and made arrangements quickly.

Soon, all major Taobao and Tmall stores received notices from Ali:

[Due to security issues, Taobao, Tmall, Alibaba and other platforms will completely suspend all payment methods except Alipay and online banking. Merchants are requested to complete the conversion as soon as possible before March 10th. After March 10th, all payment methods will be suspended.

Other payment methods are suspended.】

One stone stirs up a thousand waves.

Many business groups exploded:

"What do you mean? Suspend other payment methods? Suspend whom?"

"UnionPay and Ali dare not suspend it, and they will definitely suspend Changchao Payment."

"It's a big trouble. If Changchao payment is not supported, how can the buyer pay?"

"That's right, most buyers now use Changchao to pay. Alibaba's market is really small."

"There is no other way. Seeing that Changchao Pay is getting bigger, Alibaba is desperate and jumping over the wall."

"What should we do?"

"What else can I do? I can only follow the instructions and hope the buyer will switch to Alipay."

“I’m afraid that buyers won’t want to use Alipay, so now they are boycotting Alipay.”

"Yeah, I'm worried about this too."

"How about we expose this matter and use the power of buyers to force Ali to lift the ban on Changchao Pay?"
To be continued...