Technology, Financials, Automotive Dec 03, 2021 09:08 AM (GMT+8) · EqualOcean
Recently, the main company of station B photographed the 65.5% equity of Yongyi payment, which means that station B will obtain the payment license. The tiktok beat and the Kwai Fu have also been paid for the license through the acquisition. The analysis points out that with the rise of emerging e-commerce models in the video platform, payment has become an important part of the platform's construction of closed-loop business model. Video platforms have laid out payment business one after another, aiming to reduce capital flow risk and operating cost, and create more new revenue growth points such as credit and financial management. The payment business launched by the video platform will not have a great impact on the existing payment pattern in the short term, but in the long term, it will bring a "diversion" effect and reduce the concentration of the payment market.

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