Global monopoly of technology

Luo Sheng readily agreed. After all, there are still some friendships in it. Teng Xun decisively invested in Bluestar Technology in the early development of Bluestar Technology, which solved the urgent need, and Xu Chenghua’s request was not a loss for the company. That's it.

As for assists, Tengxun's listing in Hong Kong is imminent, and Tengxun currently holds a 9.45% stake in Bluestar Technology, making it the largest external investor and the second largest shareholder after Luo Sheng.

Although the two parties are in a competitive relationship, the better Bluestar Technology develops, it will help raise Tengxun’s share price. It should be understood that Bluestar Technology’s business is not limited to domestic, but also on a global scale, especially in North America. Getting better and better.

If an eye-catching data is released at this time, it will definitely be of great benefit to Tengxun, which is listed in Hong Kong the day after tomorrow. In the terminology of the investment industry, this is called "event-driven."

Xu Chenghua chatted on the phone and hung up. Luo Sheng was about to put the landline phone back, but he dialed a number and called the office of the company's chief operating officer Zhang Bowen to arrange the matter.

An hour later, Zhang Bowen compiled a document and then sent it to several media.

In the afternoon, the industry media reported a data on the internal outflow of Bluestar Technology, which was quite complete. Immediately after the release, it caused a number of media reports.

As of mid-June this year, the data of the major products of Bluestar Technology have been exposed.

The company’s core product real-name social networking site [BlueSpace] has a cumulative global user base of 258 million (149 million active users). Among them, the overseas version has 88.5 million users (47.79 million active users), and North American users have reached With 47 million (28.2 million active users), the speed of development is unmatched. The Matthew effect has been formed in the domestic Internet market. The overseas version is also far ahead. The total user scale of competitor MySpace has reached 11 million so far.

The market share of Yunge Search in the domestic search engine market has reached 14.2%, and its market share is now second only to Baidu and Google, and its growth momentum is the most eye-catching. The launch of Tieba products, plus the "Super Girl" "Currently, the topic of domestic entertainment programs has led to the explosive growth of Tieba, which indirectly drove Yunge Search. In addition, the hao123 navigation website is also indispensable.

The global user scale of anonymous forum Reddit.com reached 68 million (27.2 million active users), of which the scale of North American users reached 38.2 million (16 million active users). The growth of Reddit can be described as exploding according to user growth, but because you can register at will, so The gold content is far less than that of BlueSpace users, but Reddit's traffic growth has soared terribly.

Bluestar Music has been launched for more than one and a half months, and the number of registered users of the domestic version has reached 16.2 million.As soon as the product went online, it received rave reviews. It was all set off by peers. Strictly speaking, no peers could set off. Because many functions of Bluestar Music appeared for the first time, and they directly hit the G-spot of music lovers, they are like the last generation. In the way of "Netsho Cloud Music", in Internet cafes, the Bluestar Music client has become the necessary client software for installation, just like Baofeng Yingyin.

The number of users of the international version of MusicSpace reached 7.17 million, and the two versions were launched simultaneously. Although the growth rate of the international version is far lower than that of the domestic version, the users of the international version have higher commercial value, because the foreign intellectual property protection mechanism currently leaves N streets in the mainland. It is an indisputable fact that the Mainland has a long way to go to establish a sound intellectual property protection mechanism.

It is worth mentioning that the current cumulative user volume of competitor Apple’s iTunes has exceeded 100 million. Since the iPod product went on sale, the current cumulative sales have exceeded 100 million.

However, in the face of MusicSpace music, it is impossible for Apple to say that it does not pay attention to it and has no pressure. In just one and a half months, its user scale has reached about 7% of iTunes music from scratch. According to this trend, MusicSpace music will use one It took one and a half years to complete the accumulation of 100 million users, while iTunes took more than three years to do it.

Innovative features bring a better user experience. New users register for free for one week, plus an ultra-low price of $0.59, plus the drainage of other social products from Bluestar Technology, and a small assist from Microsoft. These factors have contributed to the dazzling growth of MusicSpace music.

Facing Luo Sheng’s price war, at the cost of losing $0.004 for every song MusicSpace music sold, Apple’s internal still hesitated whether to lower the price and fight the price subsidy war with its opponents.

But it has been unable to make a decision. Apple is still struggling between maintaining the company's market value and iTunes competitors.

It can be said to confirm that sentence: It is easy to change from frugality to luxury, and it is difficult to change from luxury to frugality.

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After Bluestar Technology released its product data, the industry's response was just one word-eagerness.

Absolutely hot, jealous, jealous and full of tempo. For any product of Bluestar Technology, except for the poor valuation of Reddit, other products are more than enough to become a separate Internet company. With this dazzling The data can successfully send it to the Nasdaq, and the market value can definitely be more than 500 million US dollars, which is still based on the current valuation.

What makes people envious and mad is that so many products are used by the same company. The previous B round of financing supported Bluestar Technology’s valuation of 27 billion yuan. At that time, some people questioned whether it was a little too high. , The bubble is too serious.

But when the data that passed the third-party audit comes out, is it an overestimation?It is far more than this valuation now.

As soon as the report came out, it spread to North America via the Internet the next day, and the major investors of Bluestar Technology were very happy.

As for the dissatisfaction with Luo Sheng's strategy of laying out copyright some time ago, I have already forgotten completely. Is there such a thing?

The earlier the investment, the higher the return. As the angel investor of Bluestar Technology, Tengxun is definitely the biggest VC winner, and has obtained the most equity at the least price.

The current Bluestar Technology Company has become a favorite of the capital industry. In addition to the original investors, some new investment institutions have also maintained their focus and continuous attention, waiting for the arrival of its C round of financing.

The more you enter the market, the lower the return, but the success rate is getting higher and higher. In general, there are gains and losses.

After the news reached Wall Street, the next day was June 15th. The Wall Street Journal published a valuation article from an authoritative analyst on Bluestar Technology.

Wall Street analysts are very authoritative, because their predictions are almost inseparable from the actual trend, or even exactly the same. After all, there are really many mathematicians on Wall Street.

The analyst said: Bluestar Technology’s current valuation guarantee is US$5.5 billion. According to this development momentum, it is reasonable and reasonable for Bluestar Technology’s value to exceed the US$10 billion mark next year.

This report crossed the ocean on the same day and reached the Hong Kong area. The entire Hong Kong stock market was excited because Tengxun had disclosed the number of shares in Bluestar Technology: 9.45%. The outside world only knew that Tengxun was blue. Star Technology's largest external investment shareholder, but the specific shareholding is unknown.

Teng Xun will be listed in Hong Kong tomorrow. There is no suspense. The news of crossing the ocean from Wall Street is undoubtedly a major positive. The event is driven by the market and the market is generally optimistic.

On the eve of listing, Tengxun also announced the company’s related operations. The company expects to earn 516 million yuan this year, of which Internet value-added services account for 40.6%. The scope of services includes various instant messaging services, community services and entertainment services. In fact, the strongest Income is qq show.Middle school students and elementary school students send a set of QQ shows to female students in the class or female students in the next class, which is quite popular at the moment.

As of mid-April this year, QQ registered users exceeded 300 million, and the highest number of simultaneous online users reached more than 6 million.

According to public information from Tengxun, the profit in the first quarter of 2004 was 127 million yuan, an increase of 92% over the same period last year. This year, the net profit is expected to be 485 million yuan.

It is not an exaggeration to say that this year is the moment when Teng Xun completely announced that Xianyu has turned over. You must know that in the past few years, Teng Xun was uncomfortable because it could not find a profit point.

While the market is looking forward to it, the time has finally come to June 16, 2004. Tengxun is listed as scheduled. The Hong Kong stock market has been waiting for this moment for a long time. Countless investors are looking forward to this capital feast.

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