Why are Internet companies keen on payments?

Some insiders analyze that with legal payment licenses, Internet companies can better build their own payment platforms, which can not only monetize traffic, but also launch financial services, insurance, etc. on the basis of payment. More financial services.

However, in fact, the current Internet financial payment is still dominated by Alipay and WeChat Pay. Data shows that Alipay’s market share reached 55.10%, and Tencent Tenpay (including WeChat Pay) accounted for 38.9%. In the future, it remains to be seen whether the new payment platform can shake up the two giants.

The good news drove the stock market. As of the close of the US stock market on January 5, Bilibili’s share price exceeded the $100 mark. The current price is US$102.460, an increase of 8.15%, a record high, and the total market value is US$35.392 billion.

Extended information:

“Bilibili Payment” is here

On January 6, Tianyancha App showed that Bilibili affiliated company Shanghai Huandian Information Technology Co., Ltd. recently completed the registration of domain names such as "bilibilipay.com" and "bilibilipay.cn".

The reporter inquired from the Ministry of Industry and Information Technology’s government service platform that on January 4, the ICP registration website domain names "bilibilipay.cn" and "bilibilipay.com" submitted by Shanghai Huandian Information Technology Co., Ltd. have been reviewed and approved.

Public information shows that Bilibili began recruiting payment business-related positions on its official website and multiple recruitment websites in November last year. The job description of the payment product manager clearly states that " The PM needs to be responsible for wallet design and overall planning of payment-related products."

Upstream news - "Bilibili Payment" is here? Why Internet companies are keen on paying for licenses