Global monopoly of technology

At around 10 o'clock this morning, Bluestar Technology officially released the company's first quarter audited financial report.

At this moment, the incredible Xu Chenghua has repeatedly browsed the data and information published in the newspaper, and read it over and over again, because it is a global business summary, and the statistics are based on US dollars. Otherwise, it will be more shocking to exchange for a soft sister currency.

The audited financial report for the first quarter as of March 31, 2005 released by Bluestar Technology Group shows:

The group’s total revenue for the quarter was US$434 million, and revenue from the advertising business was US$426 million, accounting for more than 90% of the revenue, and the remainder was revenue from digital music and virtual gifts.

In this revenue data, overseas revenue accounted for 337 million US dollars, accounting for 77.57% of total revenue, and overseas revenue accounted for an absolute proportion.

The revenue from [BlueSpace] was US$397 million, accounting for 91.39% of the total revenue, of which the revenue of virtual gifts was US$15.8 million, which was in the revenue of [BlueSpace] The proportion is 3.97%;

Revenue from the digital music business segment was US$27.03 million. Song sales is currently the only source of income for this business segment. It has a net loss of US$0.004 per song sold. 45.81 million songs were sold this quarter. The business is still In a state of loss-making operations, but the performance is eye-catching.

Revenue from the online video business segment was US$6.81 million, and [BluestarVideo] is currently at a huge loss.

Revenue from the search business segment was $2.98 million, still at a loss.

Of the company’s major business sectors, only the real-name social networking site [BlueSpace BlueSpace] has turned losses into profits, and has achieved the company’s financial turnaround, far exceeding the expectations of Wall Street analysis by more than twice.

Bluestar Technology Group’s costs and expenses in the quarter: $431 million

Operating profit: US$3.17 million

Profit margin: 0.729%

Net profit: US$1.79 million

Free cash flow: $1.1 billion

Total number of employees: 5860, an increase of 771% over the same period last year, of which 1,934 were overseas employees, accounting for about 33%.

Xu Chenghua has read this detailed audit financial report over and over again and again for more than five times. Until now, the whole person is still in a state of shock, and the revenue data he has created is simply incredible.

He never thought that the Bluestar Technology Group, which has lost money so far, could turn losses into profits overnight, achieve a financial turnaround, and remove all costs and still have a surplus of more than 10 million yuan in soft sister coins.

Bluestar Technology achieved a financial turnaround in the first quarter by relying solely on the real-name social networking site business segment, with a net profit of 14.66 million yuan ($1.79 million).

This financial report is almost flashing blindly rhythm, which can be called an industry myth.

If you remove the other loss-making business segments of Bluestar Technology Group, you will not even dare to think about the revenue of this quarter, but the most incredible thing is that Bluestar Technology owns these business segments, regardless of which business segments are losing money now.

But in the future?

Thinking like this is even more exciting.

It is worth mentioning that Luo Sheng went abroad to personally discuss the acquisition of the three game developers. The total expenditure of 663 million US dollars has not been officially paid, so it is not included in the cost and expenditure list for the first quarter.

Xu Chenghua put down the newspaper, and it took a long time to calm down the shock in his heart, and muttered to himself: "Is this the horrible income generated by the accurate push of user real-name data..."

It's impossible to say that you don't envy your eyes. Everyone is social, but the monetization ability of QQ's ads is really... hard to say.

The number of users of Bluestar's real-name social networking site in China is obviously only about half of that of QQ, but the advertising revenue it creates is 159% of the revenue of Tengxun.

However, it is worth mentioning that the domestic income is far inferior to the income brought by the internationally developed regions, which is also reasonable.

Bluestar's domestic revenue for this quarter was approximately RMB 797 million ($97.34 million), accounting for only about 22.43% of total revenue. The domestic market is indeed not as good as the world market.

At this time, Xu Chenghua realized that Luo Sheng did not hesitate to spend far more than domestic operating investment, and even invested at all costs to fully promote business globalization is a wise choice.

Without this measure, Bluestar Technology might have earned USD 337 million less. What’s more serious is that overseas companies will copy Bluestar Technology’s model because of ignoring the international Internet market, and start with the advantage of market size. In the end, the reverse was reversed, and the pioneer Bluestar Technology could only shrink in the domestic market.

With the disclosure of this detailed audited financial report, Bluestar Technology Group seems to have thrown a depth bomb, and the entire industry has been bombarded.

This time, whether in the domestic and foreign technology circles, or Wall Street is boiling.

...

[Unbelievable financial report. In the first quarter, the revenue was US$434 million, and the net profit was US$1.79 million. The Bluestar Technology Corporation, which was founded just two years ago, has successfully turned losses into profits. Myth.]-"Wall Street Journal"

[Bluestar Technology first publicly disclosed the first quarter report, operating income of RMB 3.558 billion, net profit of RMB 14.66 million, a world-class multinational Internet giant is on the rise]-"Souhu.com"

[A financial report, World War I was a god, Luo Sheng and the Bluestar Technology he founded are the best in the industry. Perhaps "BALT" should be changed to "L-BAT".]——"Technology Daily"

...

After the release of the first quarter audited financial report of Bluestar Technology, it became the most important headline news in the financial sector and the industry on that day. The behavioral sector in the industry used front-page headlines to report, and the influence of this financial report has been Radiate outside the circle.

Not only the domestic relevant media are making big reports, but even mainstream media are following up on reports, and foreign countries have even experienced it, such as the Guardian, Empire Magazine, Silicon Valley, and the New York Times. The newspapers have quoted reports.

The most boiling one is undoubtedly Wall Street, especially the investors of Bluestar Technology, who have to wake up from their dreams and bet on the baby. This is the second Google, and even surpasses Google in terms of potential.

The discussion on the Internet is also quite hot.

"I just blame myself for being ignorant, and I'm in the world."

"It generates 3.558 billion in revenue in one quarter. Doesn't it mean that it will generate more than 14 billion in one year?"

"What's more? Bluestar Technology has been growing rapidly. This year's total revenue exceeds 20 billion yuan. There is no big problem. The first domestic Internet giant, I am afraid that there is no objection."

"It's too bad, and our country finally has an Internet IT giant that can compete with Google and Yahoo."

"Luo Sheng is the richest man in the country, I am afraid it is already confirmed, not afraid, there is no suspense anymore."

"Whenever I think of my age a few years older than Luo, he is about to reach the throne of the richest man, but I play "World of Warcraft" in the Internet cafe, there is a kind of inexplicable sadness, I smashed the keyboard of the Internet cafe in angrily, let alone The webmaster is here."

"People are more popular than others."

"Brother Luo Sheng, rich and versatile, my sister wants to marry you~~"

"Sister paper? Wake up, let alone Mr. Luo, even I am a man you will never get."

"Are you serious upstairs?"

"Nothing wrong."

"What's to brag about? Don’t forget that nearly half of Bluestar’s shares are foreign capital. To be precise, it is Wall Street Capital. Luo Sheng is just a senior wage earner on Wall Street. A foreign company."

"Come, here, he came with the keyboard."

"I'm so funny. Just talk about Wall Street's shareholding. Why don't you say that more than 77% of Bluestar's income comes from overseas? You can find me the second domestic Internet that can make foreign money. Let's talk about the company?"

"Why? This year, it seems that overseas market revenue has exceeded half."

"Waiwei, right? It belongs to companies in the consumer electronics and communications field, and the target is Cisco. Bluestar Technology is the target of IT giants such as Google."

"Even if it is not rigorously calculated, if Bluestar Technology does not have international capital, the domestic revenue this time is less than 100 million U.S. dollars in revenue. And nearly half of the company's revenue flows into Wall Street, but in fact the total revenue exceeds If we paid 400 million U.S. dollars, half of the equity was sold, but the income actually exceeded 200 million U.S. dollars, and more than 77% of it was earned by foreigners. As long as my brain is normal, I will know how to choose.

"Obviously, the sprayer upstairs has no brains."

"I don't care about this. I only know that Bluestar Technology has made foreigners' money and is creating hundreds of millions of dollars in foreign exchange for the country. I will be a fan of such a company for a lifetime."

"Haha, according to news reports, after Bluestar Technology released its first-quarter audited financial report, the share price of Tengxun next door surged by 30+%. Hong Kong stocks are boiling, and Penguin may become the biggest winner."

"So there is nothing wrong with it. It is said that Penguin seems to hold nearly 10% of Bluestar Technology."

...