Reborn multinational giant

On the evening of Morty's televised speech, employees were busy at Paytm headquarters in Bangalore, India, lit up.

From Morty's sudden announcement of the scrap order, Paytm has embarked on its second golden age since its founding.

Paytm's first Golden Development Period was to take Huizhou Investment and become the only underlying payment service provider for WeChat Payments in India.

The partnership between Paytm and WeChat enabled Paytm to exceed 120 million users in just two years, accounting for one-third of the total number of WeChat users in India at that time!

Since then, Paytm's user growth has slowed down, not because the WeChat portal is weak, but because most Indians are too accustomed to paying with cash, too many Indians have no bank account at all, let alone open WeChat to pay or use Paytm.

And this time, Morty ordered the scrapping of banknotes, which led to a surge in Indians opening bank accounts and learning to use e-payments and mobile payments, and Paytm ushered in yet another golden age.

In just one week of the campaign, Paytm has more than 5 million new users, three quarters of whom are indirectly Paytm accounts through WeChat payments.

Downloads for Paytm stand-alone apps jumped by 700%.

In addition, due to the restricted use of old currency cash, many old users who used to pay infrequently with WeChat also started to pay frequently with WeChat or directly with Paytm for transactions such as mobile payments or transfers.

Paytm has a daily average of over 10 million transactions and a daily average of over $8 billion!

“We must seize this unprecedented opportunity to maximize Paytm's growth," said Paytm CEO Vijay Sharma excitedly to the top of the board at the executive meeting.

And because of Sharma, the entire Paytm workforce has been busy since the start of the scrap campaign.

Marketing is busy developing a larger and broader communications strategy to seize this once-in-a-lifetime opportunity to make more Indian nationals its own users.

Technology R&D Department is busy expanding servers and improving server performance to ensure the stability and security of payment services.

Each department has its own responsibilities and is fully prepared for war.

At 20: 00 p.m., engineers and programmers in Paytm's technology R&D department were busy in their positions.

Just a few minutes ago, Morty just delivered a television speech calling on the entire nation to learn to use e-economics, download apps and learn to use mobile payments, which also brought Paytm a new wave of traffic peaks.

Starting at 20.05 minutes, Paytm has reached an unprecedented peak in traffic since its launch.

Several Indian engineers watching in front of their computers were tense.

They are afraid of serious problems such as slow sounds, service disruptions and even system downtime.

Unlike these Indian engineers, the two Chinese engineers sitting next to them actually laughed and played with "King's Glory"!

Seeing this scene, several Indian engineers, though not angry, were afraid to say anything.

These two engineers are the top technical experts sent from China's payment giants, the entire Paytm company, and nearly 20 other people, like them, are sent from China's payment giants or hub companies.

As early as after Huizhong invested in Paytm and WeChat signed a cooperation agreement with Paytm, Huizhong sent a group of top technical and business experts to Paytm to help them transform and upgrade from the system architecture to the bottom of the business.

According to the strict requirements of Huihui people for business security, they cannot allow Paytm to access WeChat to pay after the payment should sound slow, there are security vulnerabilities or the system can not hold and other low-level problems.

The reality is that Paytm's business and systems have improved greatly since the arrival of the converging technical team.

Many Indian engineers, also led and guided by Chinese engineers, have greatly improved their technical and business capabilities.

Now, Paytm is experiencing an unprecedented peak in flow, the first battle of its kind for several Indian engineers.

But for two Chinese engineers who are playing games, it has long been common.

“Sigh! These Indians are still too vegetarian. I think we have reached New Year's Eve Spring Eve in China. Hundreds of millions of people across the country grabbed red envelopes and bought everything to hold. That's why this battle made them so tense!"

One of the Chinese engineers played with "The King's Glory" and lay in the gap after being killed. He looked up at several tense Indian engineers and thought silently.

They built their own system. If they can't handle the pressure, they don't have to hang around here!

More than two hours later, when Paytm's wave peak passed, several Indian engineers finally relieved themselves.

They looked back at the two Chinese technical experts and were still excited.

Several Indian engineers are both admired and envious. When can they wait for people to reach this calm and relaxed place?

On the other hand, Gupta, who had just exchanged new coins with Dad at the bank two days earlier, also rang at the government's call, and tied the bank card to open WeChat payment.

When he went downstairs to a small supermarket where he often bought things, he suddenly discovered that the boss's checkout counter also had a brand new green receipt QR code on it.

And what surprised him even more was that when he checked out, he realized that WeChat had a discount that could reduce a few rupees.

This discovery makes Gupta more willing to use WeChat Payment for checkout.

Similarly, throughout India, there are not a few people like Gupta.

The fierce scrapping campaign and Morty's speech have made Paytm India's hottest national software, and its ranking in major app stores has risen yet further, with only social or entertainment software like WeChat, Jiaoyin, etc.

Paytm's valuation on the capital market has also climbed. Paytm's valuation has doubled to more than $12 billion since Paytm's last capital increase to just the past year!

“Paytm will be India's payment gateway!" Global capital markets call Paytm.

Paytm has become one of the biggest giants in the Indian Internet industry!

At the end of November, India's banknote scrapping campaign continued unabated.

At the same time, at the Yanjing International Conference Center, two years after the establishment of domestic car manufacturers, the new forces launched their first prototype car, Wei Lai EP 9.

Two years ago, on November 30, Huizhong set up Wei Lai Automobile Co., Ltd. Fang Zhe made a request to Wei Lai's founder and CEO Li Bin, demanding that Wei Lai must build the prototype car within two years, that is, November 30 this year.

Now, a few days before the agreed deadline, Wei Lai did create the prototype car Wei Lai EP 9 as agreed.

Li Bin and Wei Lai did not say anything, but it was him who issued Wei Lai EP 9 before the deadline requested by Fang Zhe, or let the online friends who saw the news chatter.