Chapter 2101 Mobile Payment

Zhou Buqi is not clear about the details of some changes in PayPal's future. He only knows in advance that in the next few years, PayPal will indeed break away from eBay's control and complete an independent listing.

Once the two sides break away, eBay, which could still reasonably compete with Amazon, will be completely out of business.

So if you want to buy PayPal at this time, you really have to follow the example of the notorious Carl Icahn.

This is undoubtedly a very accurate judgment.

Carl Icahn is indeed an expert in capital operations, especially in terms of corporate infighting and the dismemberment of giant companies. He is unparalleled in the world.

This person started out working in traditional industries, such as airlines, steel companies, energy companies, automobile companies, real estate companies, video companies, etc., including Marvel, MGM, Viacom, Time Warner, and Motorola. Behind every major dismemberment case, there is his shadow.

In 2008, he took action against Yahoo.

This time I was defeated.

Silicon Valley is the only place that can compete with Wall Street talents in terms of IQ. It brings together the world's top geniuses. When Carl Icahn first arrived, he fell into it and encountered Yang Zhiyuan's tricks.

However, Carl Icahn was undeterred.

Soon I focused on PayPal again.

I started running PayPal in 2009. I tried to fight eBay's board of directors to promote the spin-off and listing of PayPal, but ultimately failed.

However, he was not discouraged. He was the prototype of the super capitalist in the classic Hollywood film "Wall Street".

Still operating continuously.

Until 2014, he finally did it!

Carl Icahn defeated eBay's board of directors and pushed PayPal to go public independently. This is nothing, there is a stronger impact from behind, the winner is the king and the loser is the bandit.

In this battle, Carl Icahn, the capital representative, won a resounding victory and successfully pushed PayPal to go public independently. The loser is of course the entrepreneur representative, eBay CEO John Donahoe. Such a star-level professional manager sadly dismissed his get out of class and resigned from eBay.

You know, John Donahoe can also be regarded as eBay's meritorious coach.

When he first took over as CEO of eBay, eBay was in chaos. The business suffered losses for years, internal conflicts continued, and senior executives resigned one after another. There were internal conflicts between business and management, as well as conflicts between shareholders, the board of directors, and senior management. .

The reason why Carl Icahn picked PayPal at that stage was because he valued eBay's chaos at the time, and he had the opportunity to take advantage of the fire.

However, after John Donahoe took office, he quickly stabilized the situation, withstood the pressure of Carl Icahn, and miraculously reversed the company's fortunes.

In the seven years since he served as CEO of eBay, eBay's stock price has increased five times, which is a remarkable achievement!

Normally, it would be impossible for a CEO with such outstanding achievements to leave eBay. He should have control over eBay and be convincing enough to conquer all shareholders.

However, John Donahoe failed under Carl Icahn.

He could only allow eBay to spin off PayPal and go public independently, and he himself sadly left eBay.

Zhou Buqi was not interested in Yi Bei's life or death at all.

Just looking at the business model, eBay is not good.

It’s really far worse than Taobao.

However, mobile payment giant PayPal is still very valuable, and Zhou Buqi plans to push PayPal to join the Helo payment camp.

For domestic WeChat, only one WeChat payment is enough; for overseas Helo, dozens of payment tools must be connected to Helo payment to meet the diverse payment options of overseas users. Among the most core payment tools, it is best to have a shareholding relationship with Ziweixing and achieve strategic-level cooperation.

In Zhou Buqi's view, Ziweixing's bargain hunting for PayPal's shares is even more valuable than the 35% of Yahoo Japan's shares held by Yahoo.

eBay and Yahoo are both large companies that are relatively chaotic in Silicon Valley.

A big company means deep water and big fish.

Chaos means there is an opportunity to fish in troubled waters.

After negotiating with Boss Ma several times, Zhou Buqi felt that it was temporarily inconvenient for Yahoo to move around, but eBay seemed to have a great opportunity. I don’t know what’s going on internally. The current development situation of PayPal is so good, and the president of PayPal has resigned... This is enough to show that there are new differences within eBay.

The more chaotic the other party is, the more opportunities there are to intervene.

Zhou Buqi asked Lu Qi to help collect some current information on eBay and PayPal.

Lu Qi was stunned for a moment, and seemed to understand what he meant.

This is trying to take action against PayPal!

Zhou Buqi smiled and said: "Ebay is of no value to Ziweixing, but Helo will launch a mobile payment platform in the future. PayPal should be the leader in mobile payments now, right?"

Lu Qi nodded, "It seems so. PayPal's mobile version seems to have been downloaded more than 60 million times, and it has more than 20 million mobile users."

Zhou Buqi was a little surprised, "You all know this?"

Lu Qi said with a smile: "What Joe Nathan came over to tell me just now is that the reason why he is interested in PayPal is also related to Ziweixing's consistent proposition. He also firmly believes that the era of mobile Internet is coming. And PayPal's success on the mobile side The development prospects made Joe Nathan see the opportunity for this product.”

Zhou Buqi asked: "Has the product plan for Helo's mobile payment been finalized?"

At present, Helo has not yet launched the mobile payment function, and it needs to be polished and designed internally many times. A very important reason is the uncertainty of payment methods. If no better opportunity can be found, Ziweixing International will have no choice but to promote and update more sophisticated QR code payment technology on its own, which is what domestic Alipay does.

Lu Qi nodded, "It's done. It's already the third edition. Joe Nathan is presiding over it."

Zhou Buqi narrowed his eyes and pondered: "It seems that it is not impossible for Joe Nathan to switch jobs and become the president of PayPal."

Lu Qi had already understood Boss Zhou's thoughts and raised his eyebrows, "Are you bringing money to join the team?"

Zhou Buqi laughed and said, "Yes, bring money to join the team!"

eBay wants to invite mobile Internet product expert Joe Nathan to serve as the president of PayPal. This is definitely poaching Ziweixing.

However, Boss Zhou’s pattern is unusual.

Want to poach someone?

Can!

Dig it!

Not only can I take people away, I can also give you money!

Lu Qi was a little worried, "Ebay and PayPal are very complicated there. The shareholders of both parties are at loggerheads and the internal situation is very chaotic. Do we really want to get involved?"

Zhou Buqi said: "It is precisely because of the chaos that it is the best opportunity to participate."

Lu Ji said: "Are you participating in the name of the company? PayPal's current valuation is not low, and it may cost a lot of money."

Zhou Buqi didn't take it seriously, "How much money is there in the account now? All EA's stocks have been sold off. Isn't there 2.5 billion US dollars?"

Lu Qi nodded, "About that, the US side is 2.5 billion U.S. dollars. The Japanese side is continuing to make profits, and the available funds on the account have exceeded 500 million U.S. dollars."

Zhou Buqi said: "Then you should go. If you don't say anything else, if you invest in PayPal now, you can make a lot of money from the perspective of financial investment. Not to mention the strategic level. There is also the Japanese business, PayPal wants to cooperate with SoftBank Cooperate to establish a mobile payment company in Japan to cater to Japan’s relatively complex local payment market, and Ziweixing should also participate.”