Global Monopoly of Technology

Chapter 86 [Internet industry in a melee]

Compared with the overseas version, as soon as the domestic version of Bluestar Music goes online, 2.25 million songs are free to listen to. The last half year is the prime time, because there is no music player on the market, such as [QQ Music], [Kugou Music] , [Kuwo Music] These follow-up projects will take half a year to launch at the earliest, or even longer.

Gang Qiao is arrogant, but domestic entrepreneurs don’t care about this, don’t care too much, just draw a gourd and draw a scoop. It’s right to move the function of Bluestar Music. Change the skin and change the name to perfectly avoid the law. risk.

However, some functions cannot be imitated by imitation. For example, Bluestar Music recommends similar songs intelligently according to users' listening habits. These are all highly technical, especially for algorithm requirements, which depend on the skills of engineers. strength.

Therefore, even if a follow-up project is launched in a hurry, its user experience is definitely not as good as that of Bluestar Music.

Unless you dig for Bluestar's engineers, the employees who join Bluestar are very popular in the industry. The IT industry has always been a sunrise industry, and an employee who comes out of Bluestar is all the industry is rushing for.

Without him, being able to enter this company has already been screened, and he must be an elite in the industry. Just like an engineer who returned from Silicon Valley, this one is more sought-after than an employee of Bluestar Technology.

However, people with a working experience in Silicon Valley usually start their own businesses when they return to China. If they work part-time, it is impossible for him to return to China, but he will continue to stay in Silicon Valley. The reason is very simple. The annual salary of Silicon Valley engineers starts at $70,000, equivalent to $70,000. Nearly ¥580,000.

The domestic companies that can give this kind of treatment can be counted on one hand.

Therefore, Bluestar Technology's engineers are in high demand, but if they want to dig Luo Sheng's corner, they have to face a new problem.

First of all, the issue of treatment is at least on par with Bluestar Technology. There are really few domestic Internet companies whose treatment is comparable to that of Bluestar Technology.

The money is given in place, not only the talent but also the talent.

I am afraid that there is only one company that can give money in place at present, and that is Huawei Company, but Huawei is a communication equipment manufacturer, not an Internet company.

The money is in place, and what about the working environment?

Not to mention, the food culture of Bluestar Technology has made all employees greedy, not only foodies but also foodies. Employees go to work in other companies, and they are not necessarily used to it.

...

In the next six months, Luo Sheng set the goal for the Bluestar Music Project Department to become the necessary software for installation in major Internet cafes across the country. Directly allocated 80 million yuan for promotion, not enough to add more, the copyright agreement cost 16.7 billion, and the company now has about 1 billion, and the funds are quite abundant.

Luo Sheng wants to win more than half of the market share by the end of this year. Now the biggest competitor is Baidu's Mp3 search. Baidu now has two core traffic positions. The first is naturally the search engine, followed by mp3 search, mp3 search For the whiteness came huge traffic gains.

If it weren't for Luo Sheng's half-hearted cuts, Bai Du actually has three major positions now, and the third one is Tieba.

But Tieba has now become a related product of Yunge Search. Although Baidu Tieba was launched in a hurry, Yunge Tieba has become popular in China during this time.

As the senior product manager of Yunge Tieba, Li Mingyuan brought the traffic of Yunge Tieba to a new peak in a short period of time by virtue of his close search mode and the operation of "Super Girl" entertainment events.

As of May now, in terms of the proportion of traffic within Yunge Search, the data of Tieba has soared to 22%, and the current growth rate of Yunge Search is second only to Baidu, and Yunge Tieba and hao123 have contributed greatly.

Now Baidu has already regarded Yunge Search as the number one competitor,

It used to be Google, and now Google is ranked behind, and the threat of cloud Google search is ranked first.

The launch of Bluestar Music once again made Baidu tremble violently. This is the second most popular mp3 under Baidu.

But what I have to say is that Baidu's response was very fast. On the second day after Bluestar Technology launched Bluestar Music, Baidu immediately realized the importance of PC-side music. Immediately on the third day, Baidu sent someone to contact Qianqian Music, a domestic music portal, and initiated an acquisition. Bluestar Technology suddenly entered the music field, and Qianqian Music was also panicked.

Under such a big background, the two sides hit it off. Qianqian Music has no financial advantage, but it has a good whiteness and MP3 is doing well. However, Bluestar Music is backed by Bluestar Technology. The products under the technology have a strong linkage ability. In the face of this all-round offensive, Baidu does not dare to take it lightly.

This year, the domestic Internet has never been more lively, and the aftermath of the bursting of the Internet bubble has not dissipated. However, the competition is full of gunpowder and more and more fierce, which also drives the domestic Internet field to start late but develop rapidly.

At present, only Ahri is out of the "BALT" four giants, and the other three are playing extremely hot, which is like starting the melee mode, but Ahri is also having fun with others.

QQ and Blue Space are fighting each other, one is a virtual social network, the other is a real-name social network, and the core users of one are primary and middle school students, and the core users are high school students and college students. .

QQ, which has emerged as a new force in the blue space, has been losing ground, and what is lost is user activity. The two sides compete fiercely over which products users open more, use more time, and have higher frequency.

With the launch of QQ space, Tengxun finally managed to regain a city, and the revenue of this year's QQ show in the first quarter reached 128 million yuan, allowing Tengxun to find a strong breakthrough in monetization. In addition, QQ games also performed well. Eye-catching, surpassing Lianzhong this year, which made Tengxun taste the sweetness and finally found a new business growth point.

Bluestar Technology is still fighting with Baidu. The domestic search engine market is now in a melee situation. Yunge, Baidu, Sogou, Soso, Google and other messy search engines, etc., the competition here can be said to be The most intense position, the whiteness is the most uncomfortable, the enemy is surrounded by strong enemies.

Ali didn't stay out of the way, its Duobao and eBay are hot, and Dangdang and so on, and this year's boss Ma is secretly preparing for the online payment product Alipay.

This year, the domestic Internet has been competing with hundreds of people, and heroes have emerged in large numbers. The fierce competition is rapidly promoting the rapid development of the Internet.

In the middle of this month, another Internet company became the protagonist. On May 13, 2004, Chen Tianqiao rang the bell on Nasdaq, and "Legend" sent Shanda to Nasdaq. The IPO financing amount was 1.52 With a market value of nearly 800 million US dollars, it has become the Huaguo concept Internet stock with the highest market value on Nasdaq. Softbank Capital is present in this company, which owns more than 20% of Shanda's shares.

In comparison, Bluestar Technology received $325 million in Series B financing, with a valuation of $3.25 billion.

The rumors of Tengxun's listing are getting bigger and bigger, and there are rumors in the industry that there are multiple versions. There is no doubt that it will be listed this year, but the specific listing time has not been determined until now. The uncertain place is the listing location. First of all, A-shares can definitely be ruled out, because Tengxun has just completed its financial turnaround, so the suspense lies in listing in Hong Kong or in the United States.

Although Tengxun is currently facing such a strong competitor as Bluestar Technology, the market is not only optimistic but optimistic, because Tengxun holds the equity of Bluestar Technology and is the second largest shareholder of Bluestar and the largest external investment shareholder. .

The current valuation of Bluestar Technology is definitely above 3.25 billion US dollars. The most anticipated domestic Internet company listed by the market is Bluestar Technology. It has only passed the B round of financing, and its valuation is already far ahead. Shanda's IPO financing in the US just went public, but it is not half of Bluestar's B-round financing.

Whoever the market is more optimistic about will make a judgment.

Many people can't imagine what kind of grand occasion Bluestar Technology will be once it develops steadily until the IPO day, but it is certain that it will be a gluttonous feast in the capital world.

...

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