The number of Qingchat users has exceeded 200 million, and the number of online users has exceeded 100 million, which means that one out of every two users is online.

The ones that are being hyped simultaneously are:

The number of users of light-payment wallets has grown massively, and the mobile payment market was once dominated by one company.

Just because of the operation of a Spring Festival red envelope.

Countless netizens have contributed to such news.

"Why is there no movement from Ali? Are you just watching the rise of light money wallets?"

"It is rumored that Alibaba is all busy delisting from the Hong Kong stock market and completing privatization. Maybe it can't spare any money? Or maybe it doesn't feel the threat."

"..."

"But to be honest, chatting is really easy to use. The more you use it, the better it gets. The red envelope function is really convenient. During holidays or birthdays for relatives and friends, you don't have to go through the trouble like before."

"Yes, yes, this function is very practical, and it doesn't charge any money."

"..."

"Don't you think Alibaba has already made some moves on the Easy Pay wallet? Taobao and Tmall, which just changed its name some time ago, do not support the Easy Pay wallet. Instead, it is rumored that JD.com will support the Easy Pay wallet."

“JD.com can’t compete with Alibaba.”

"..."

You can find everything on the Internet.

After these news were hyped, the official media account of Qingpay Wallet suddenly pushed a new message.

Subsequently, the words "scan code to pay" became a hot topic on the Internet.

The three words QR code are no stranger to netizens. It became popular the year before last. After more than a year of development, it has gradually been accepted by more and more people.

It has been used in various fields, and the first field where it was commercialized on a large scale was advertising.

Now, the light payment wallet suddenly announced that it will support portable payment forms based on QR codes, and introduced a variety of scenarios in the promotional materials, which shocked and yearned for people.

"Damn it, do you really just need to take your phone with you when you go out?"

“You don’t have to carry a wallet anymore?”

“Will cash be replaced?”

"Holy shit!"

"..."

"For security reasons, it is currently only trial run on Nuwa MindOS? What about iOS?"

"..."

In view of various regulatory risks and Fang Nian’s own experience, Qingchao’s senior management submitted a comprehensive detailed product introduction, management system, operating procedures, etc. to their superiors long before preparing to launch scan-code payment.

Got an uncertain answer.

Trial operation is allowed by default, but the right to stop at any time remains.

These were all within the expectations of Lei Jun and Fang Nian, and were not significant.

After the continuous public hype and ensuring enough gimmicks;

The full strategic integration of Qingpay Wallet and Dangkang Games. Both Dangkang Game Platform and Dangkang Mobile Game Platform are directly connected to Qingkang Pay Wallet.

Dangkang Game Platform can not only jump directly to the Light Pay wallet to log in and pay, but also supports payment by scanning the QR code through the Light Pay wallet.

The security of relevant payment methods is very guaranteed.

The Dangkang mobile game platform is more direct. Select payment to call Qingchao and pay from the Qingpay wallet.

No cumbersome process required at all.

What follows is...

Dangkang mobile game platform has a large number of free games with paid props, adding a lot of gameplay.

The Nuwa App Store also integrates a more hassle-free and easy-to-pay wallet payment method, reducing the complexity of paid applications.

It was as if overnight, the domestic development process was accelerated.

Countless capital institutions, led by impact funds, have withdrawn one after another, and nearly 10 billion in cash has been invested in a short period of time.

Consumer electronics bundled with mobile payments, mobile payments bundled with mobile games, mobile payments bundled with social networking, and these upper-level applications bundled with Nuwa MindOS are receiving comprehensive capital boosts.

When the light payment wallet launched scan-code payment and popularized future payment scenarios through videos, Shen Nier and others fully understood Fang Nian's arrangement.

Why invest heavily in consumer electronics.

because……

Such a mobile payment will completely connect online and offline, and enter every aspect of people's lives.

Convenience stores, supermarkets, shopping malls, buses, games, restaurants...

All imaginable payment scenarios can be realized through this form of scan code payment.

As long as you have a QR code reader, everything is no problem.

And when this kind of series connection breaks out first, it must be all aspects of consumer electronics.

Capital, capital that is not engaged in production, is tempted and boiling.

…………

Early March.

Qingchao launched Series A financing.

Many capital institutions have given different valuations.

All things considered, there is no valuation report lower than RMB 50 billion equivalent in U.S. dollars.

Fang Nian attended this Series A financing meeting as the major shareholder of Qingliao.

The decision-making power of the shares held by Dangcom Games was deemed to be held by Fang.

Lei Jun and Lin Bing hosted the event as Xiaomi representatives and individual shareholders respectively.

Financing will be conducted at a private residence in Beijing.

The antique courtyard house, the comfortable spring breeze blowing, everyone is in a good mood.

Before the official start, Chen Nier looked at Fang Nian and said with a smile: "I heard that Mr. Fang has been working hard recently and rarely comes to the capital. Can you stay for two more days so that I can show my friendship as a landlord?"

"Mr. Fang, we can't finish things. Please stay for two more days." Lei Jun also said with a smile.

them……

It’s all because of Fang Nian’s win-win business strategy that I can’t help but laugh out loud. I really sincerely want to entertain Fang Nian well.

Seeing this, Fang Nian laughed: "Mr. Shen, Mr. Lei thinks too highly of me. It's better to obey my orders than to be respectful. Just stay for two more days."

It doesn't matter since it's the weekend anyway.

Everyone present was acquaintances, listening to Fang Nian and the others chatting with smiles.

In fact, it would be a real miracle to reach this level and be qualified if you don't know Fang Nian.

Mr. Fang’s arrangement is no longer that simple.

We joked for a long time. After Lei Jun briefly introduced the situation of Qingchao, Fang Nian was the first to speak: "Let me start by saying that when Qingchao became independent from Xiaomi, I took advantage and took 30 yuan without spending a dime. shares;

This round of A round of financing is difficult to handle even if it is too small, so I will dilute 10% of the shares."

Hearing this, Lei Jun said: "No, no, Qing Xiao can achieve today's situation. The general direction and strategy are all due to Mr. Fang's contribution. How can we say that we are taking advantage."

After a pause, Lei Jun added: "If Mr. Fang insists on doing this, then we can do it by reducing our holdings and cashing out."

Finally we talked again and again.

As a result, Fang Nian's shareholding ratio was reduced to 20%, taking away US$500 million, or RMB 3.15 billion.

Sequoia Capital, represented by Neil Shen, will be the first to share profits from the vacated 10% of the shares.

As for Qingchao’s valuation, Fang Nian said, “We are all old friends, please give me a face and calculate it as US$10 billion.”

Shen Nier was the first to agree. He knew about this valuation more than half a year ago. Lei Jun and Lin Bing had no objections, as did representatives from other capital institutions, so it was settled.

With Lei Jun at the helm, Qingchao certainly doesn’t have to worry about capital operations and other aspects.

The delivery is very clear in all aspects.

Qingchao counts as a total share capital of 5 billion shares.

Fang Nian originally held 1.5 billion shares, which was reduced to 1 billion shares.

This kind of division of capital can at least support several rounds of financing before splitting the stock again.

It's not that Fang Nian isn't optimistic about Qingxiao's future, it's just that his shareholding ratio is too high. Counting Guan Qiuhe's share, the total is as high as 45%!

This time, 10% is released, everyone gets the rain and dew, everyone is happy, and it will be easier to do business in the future.

Although Fang Nian has long said that Qingliao will reach 100 billion U.S. dollars, with the current progress, it may be achieved in two or three years, which is equivalent to a direct loss of 9.5 billion U.S. dollars.
To be continued...