I originally thought that after returning from this trip, I could spend two days in Shanghai to deal with things and go back to my hometown to see my son.
As a result, Yang Dongxu flew to Hangzhou again the day after arriving in Shanghai, and Baidu was about to be launched. At this juncture, almost all domestic Internet companies are eyeing the largest search engine in the country.
Baidu can be said to have been in the limelight in the past two years, and it looks much better than 361. Although in the search market, there are still giants such as Sohu and China Yahoo.
However, Baidu, who has successfully connected various personal sites in the country and turned countless personal sites into his own capillaries, has grown into a giant without even realizing it.
In the eyes of many people, 361 is just a navigation web page, a small platform that carries an icon for these portals and search engines.
Although Taiback relies on Xuri Technology, which is currently the most profitable company in China, its revenue in the past two years has actually been negative.
As early as 2003, the third year after the Internet bubble burst in 2000, the domestic Internet industry was the first to realize recovery. Sohu's advertising revenue was 29.5 million US dollars, and Groom's advertising revenue exceeded 40 million US dollars.
NetEase, which has enjoyed success in games and portals, has seen its revenue go straight to 70 million beauties. It has become the most successful cross-border portal website, and its mouth is full of oil.
Therefore, in such an environment, the domestic Internet industry is developing rapidly, including portals, forums, IM, e-commerce, online games... In short, the domestic Internet industry seems to have ushered in an epic explosion.
Baidu is undoubtedly one of the best, and it has already achieved profitability. That's right, when everyone is spending money to expand their own traffic portals, eager to grab all the network traffic to themselves, Baidu is rapidly expanding its territory and making profits at the same time.
This surprised all the big guys, and at the same time, everyone was full of hope for Baidu's future.
You must know that in this era, whether it is playing games, or ordering movies or TV series. The most common method used by netizens who surf the Internet is to check a hundred times first.
Then click on the link when it appears on Baidu. This is a real first-hand traffic generator. Even when shopping on Taobao, you don’t click on Taobao’s APP.
Instead, search for what you want to buy on Baidu, and then Baidu will give you the link to the product, and then click in to buy it.
Such incredible traffic import shows how prosperous Baidu is now.
And at a time when all the big guys are making tens of millions or even hundreds of millions of dollars a year. The inconspicuous 361 will naturally not be taken seriously by them.
After all, relying on the gaming giant Xuri Technology, you are still losing money every year, whether it is 361's webpage, Tieba, or 361Y video, which currently has no members at all.
This is a big pitfall for losing money. Although the valuation of 361 has been rising repeatedly, user stickiness is its biggest shortcoming.
Although Xuri Technology's games and Y users have made up for this shortcoming very well, games and YY are software in two other fields.
The game has made a lot of money by dominating the gaming industry, and YY has also made a lot of money by dominating the instant messaging software. But these two seem to have little to do with the portal.
Therefore, there is no problem in saying that the traffic of this market is still divided between major portal websites and Baidu.
Therefore, Baidu is about to go public, and has completed all the listing procedures. It will ring the bell at Snardak on August 5th, which naturally attracts the attention of many Internet companies.
"How high do you think Baidu's stock can rise? It is said that their price is not lower than 66 US dollars." Qiu Bosong sat opposite Yang Dongxu in the office of the director of Xuri Technology and asked.
At a time when the global Internet industry seems to have just recovered in recent years, the stock price of a Chinese listed Internet company is actually set at $66, which is definitely a high price.
After all, compared to the ultra-high prices of Internet company stocks that can cost hundreds or even hundreds of dollars in the future. Internet valuations during this period were generally around $30. The Internet bubble in 2000 left many capitals still frightened.
"It should be no problem to double it." Yang Dongxu thought for a moment and said.
He didn't know how much Baidu's stock had risen since its listing. He had never paid attention to this aspect before, but a sharp rise was certain.
And in the next few years, Baidu will be a very capable presence in the entire domestic Internet market. Continuously surpassing the traffic portals of the older generation such as Sohu, Groom, and NetEase, and creating its own glorious moments.
"Can it rise so much?" Qiu Bosong couldn't help but look surprised, feeling that his boss was exaggerating.
You must know that Microsoft's stock price this year is still hovering below 30 US dollars. Baidu's listing price of 66 US dollars already feels artificially high, and it can double. This is simply... unimaginable.
"I bought a lot of Baidu stocks, and the more they rise, the better." Yang Dongxu shrugged with a smile.
It seemed like it was just a joke.
It’s not surprising that his big boss invested in Baidu Qiu Bosong. After all, his big boss has made a lot of investments, especially in the Internet. He not only invested in Baidu, but also invested in Alibaba and JD.com.
It is no exaggeration to say that the investment of his big boss is spread throughout the entire Internet industry, and Yang Dongxu himself is also the boss of the largest gaming company.
At the same time, it also owns a number of high-quality Internet industries such as 361, Y video, input method, YY chat, etc. He is the only one who can make such a great investment not only in China, but also in the whole world.
Because Yang Dongxu’s investments include not only domestic listed Internet companies that will be prosperous in the future, but also many world-class giants. It can be said that he is one of the most powerful investors in the world's Internet industry.
So Qiu Bosong really took his big boss's words as a joke, just like a person who bought a lottery ticket and joked with others about what he would do if he won 5 million.
Yang Dongxu is actually quite looking forward to the listing of Baidu. After all, the listing of Shengda created the first richest man in an Internet company in China.
It can be said that it caused a sensation in the entire domestic business circle at that time, and he followed behind and secretly made a lot of money. Now Baidu's listing posture is even better than Shengda's.
Everyone is speculating whether Baidu Li will become the second richest man in the Internet industry after the end of the trading day tomorrow.
Needless to say, the increase in net worth of Yang Dongxu, who owns a lot of Baidu shares, is even greater. However, this time he has sufficient funds and has no intention of directly selling his shares.
Compared to Shengda, which rose to prominence directly through one game, Mr. Chen then began to run faster and faster on the road to one step ahead of the times, and in the end, even the development of the times could not keep up with him.
In the end, it was dragged down by the entire era and ended sadly. Shengda's value was quickly overdrawn and there was no need to hold shares. At the same time, Mr. Chen doesn’t like his shareholding.
Baidu's potential is undoubtedly much greater, if nothing else, at least in the next five years, with the vigorous development of the global Internet industry. Baidu's market value has increased five or six times compared to today, which is the same as before.
Since he is not short of money and does not need so much cash flow, why would Yang Dongxu sell such a high-quality stock?
Not only did Yang Dongxu not sell, but he also planned to continue to buy goods. This is why after returning from Shenzhen, he returned to the Magic City, while Chen Xin went straight to the United States.
"Okay, it's time to get off work. What do you want to eat together at night?" After processing a document in his hand, he saw that it was already five o'clock in the afternoon. Yang Dongxu stood up and stretched.
"You want to go back. Are you here to watch Baidu Li ring the bell?" Qiu Bosong asked.
"Brother, the time difference between the United States and China is reversed. It's dark over there when the market bell rings. If you keep an eye on Snardak's closing price for the day, you'll have to stay up all night. You're too old to stay up late, you know? No?" Yang Dongxu was speechless.
Although I am indeed a little excited about Baidu's listing, after all, I have so many Baidu shares in my hands. This will definitely make a lot of money. But this excitement was not enough to make him stay up late to watch Baidu's listing, and then focus on the market for the day.
At the same time, he is very confident in Baidu's stock price. This confidence not only comes from being an experienced person, he must know the fact that Baidu has soared.
It also comes from what I said just now. He can't help but hold shares in the existing original shares of Baidu, and he also has to buy Baidu in the market when it goes public.
With the funds Chen Xin holds in her hands, she will be an absolute predator when it comes to buying stocks. With so much money pouring into Baidu stock, it will be damned if it doesn't rise sharply.
Yang Dongxu even speculated that after Baidu is listed now, the stock price may reach a record high, which is even higher than Baidu in the previous life.
With such confidence, why would he stay up all night excitedly to watch Baidu's market?
Is the bed at home uncomfortable or the pillows too hard? Doesn't he sleep well?
"Are you going to stay up all night?" Seeing Qiu Bosong looking at him speechlessly, as if he couldn't understand his big heart, Yang Dongxu couldn't help asking.
"Do you think that with such a thing that may affect the development of the domestic Internet here, I can sleep at home?" Qiu Bosong spread his hands.
"Yes, everyone who stayed up late to read the stock market today will get their late-night snack money from me. Well... I will also give you the late-night snack money for those employees who work overtime to write code. Take care of your health, brother." Yang Dongxu took the photo. Touch Qiu Bosong's shoulder.
Judging from Qiu Bosong's enthusiasm, he is probably not the only one who stayed up late at Xuri Technology Co., Ltd. to watch Baidu stock today. Looking at the entire domestic Internet community, it is estimated that those who stayed up late today will be in trouble.
"The situation affecting the development of the domestic Internet is a bit exaggerated. The people who can really affect the domestic Internet are standing in front of you. But it is true that it will give the domestic Internet industry another shot in the arm. So be prepared to take Lao Qiu, the domestic Internet in the future The industry will only become more exciting.”
"I don't want to admit your boast, but I can't refute it."
If there is anyone in China who can influence the Internet, which has already reached hundreds of billions, this is indeed the one in front of me.
It's just that after all, Yang Dongxu's pretending to be a cup made him very hurt internally.
So when Yang Dongxu saw that the cup was successful, he left decisively.
If you don't leave after filling the cup, are you waiting to be beaten?
