My 1999

Behind the Internet cafe is the portal business.

In this era when Internet search has not fully exploded and communities and e-commerce are in the ascendant.

Portals are the undisputed leader of the Internet industry.

Yahoo's stock price, which has overcome the Nasdaq crisis, has recovered to US$35 billion, and Japan's Yahoo, which lives in Japan, has also exceeded US$30 billion.

The two have the highest market capitalization of all Internet companies.

In comparison, Amazon has just exceeded 10 billion.

Hongmeng's portals, domestic Sina and foreign Naver, after the integration of the two, currently have 120 million registered users worldwide and 330 million daily active users.

In 2002, it generated revenue of 983 million Chinese dollars and net profit of 120 million Chinese dollars.

It has doubled compared with last year, mainly due to returns from Sina's cable business.

Monternet grew faster in 2002 and its returns were higher.

Unfortunately, Southeast Asia is still a mudflat, which has dragged down the overall profitability of the portal business.

If it weren't for the purpose of preserving this public opinion channel, he would have sold the Southeast Asian Naver website long ago.

Next is e-commerce. With the support of Hongmeng Corporation, Yihaodian invested in eight first-level logistics centers, dozens of second-level logistics centers, and thousands of logistics distribution points across the country this year.

It has barely managed to weave a logistics and distribution network that can cover the developed provinces and cities in the east.

With the support of the logistics system, Yihaodian’s online revenue has surged.

It has tripled in just one year, from less than 300 million before to the current 978 million Huaxia coins.

In addition, there are 103 Yihaodian offline retail stores.

In the entire fiscal year 2002, Yihaodian generated revenue of 1.334 billion Chinese dollars online and offline, but lost nearly 1.7 billion Chinese dollars, all of which was spent on logistics.

Behind Yihaodian is Pangu Browser. In fiscal year 2002, its registered users exceeded 190 million, daily active users were 380 million, revenue was 884 million Chinese dollars, and net profit was 353 million Chinese dollars.

Pangu Browser has become the window for most netizens to access the Internet.

Therefore, advertising revenue is also rising, and there is still a lot of room for growth.

More importantly, the net profit margin of Pangu’s browser business is close to 40%, which is almost the highest among all Hongmeng’s businesses.

Sufficient funds allowed the Pangu browser team to develop a Pangu input method similar to the ‘Sogou input method’.

Finally, there is the pan-entertainment business beyond games.

Music, comics, literature and film and television.

Hongmeng Music currently has 170 million registered users worldwide. With the popularity of MP3 and the growth of Internet users, Hongmeng Music has finally achieved positive revenue.

In 2002, Hongmeng Music's net revenue was 494 million Chinese dollars, and its net revenue was 23 million Chinese dollars.

The comics business is only a niche business in China. Coupled with copyright issues, the revenue is not much.

But it is developing rapidly in Japan and South Korea.

Registered users exceeded 30 million.

Xu Liang's unintentional "Death" has become a representative work of Hongmeng Comics. It alone brought 200 million in revenue and peripheral income to Hongmeng Comics.

For the whole year, Hongmeng Comics’ net revenue was 324 million Chinese dollars, and its net revenue was 96 million Chinese dollars.

In terms of literature, the number of registered users exceeded 42 million.

The Chinese side is mainly about online literature such as fairy tales, fictional history and fantasy, the Japanese side is about light literature, the South Korean side is mainly urban, and the Nanyang side has become a dumping ground for the three parties.

The European side is more like popular literature on the Internet, without any unique style.

Throughout 2002, Hongmeng Literature's net revenue was 293 million Chinese dollars and its net profit was 120 million Chinese dollars, which was higher than that of comics.

In terms of Hongmeng Literature, in addition to online, it also involves offline publishing. However, the scale of the publishing business is not large. In addition to markets such as China and Nanyang, it mostly cooperates with mature publishing giants.

Hongmeng Film and Television is mainly divided into two parts: domestic and foreign.

Domestically, "Super Girl" is currently in early planning and is preparing to start national auditions after the Chinese New Year.

The reason why it took so long was to move the national finals to the summer vacation.

At this time, students across the country are on vacation and have enough time to watch TV.

It has greatly helped the ratings of "Super Girl".

Overseas, Hongmeng South Korea has been maintaining a plan of producing 2 to 4 TV series a year, and is planning to get involved in film production in 2003.

The same is true in Japan, Southeast Asia, the Middle East and Europe. They are basically the beginnings of low-cost TV series.

After you have mastered the routines of the entertainment industry and accumulated a certain amount of attention, you can then consider big casts and movies.

Throughout 2002, Hongmeng Pictures' net revenue was 170 million Chinese dollars and net profit was 32 million Chinese dollars.

Finally, there are Hongmeng payment, Internet cafe management software, and database business.

Hongmeng Pay has made rapid progress with the development of e-commerce in recent years.

However, Xu Liang does not intend to stand out, so Hongmeng Pay is still a simple transfer payment platform, and then relies on the interest generated by the balance in the customer account to make profits.

And during the 15-day trading transition period, the current interest generated by the account transaction funds generates income.

Although the model is single, Hongmeng Pay was established early. After nearly three years of development, it has more than 10 million registered users.

The balance of each personal account ranges from a few hundred yuan to a few dozen yuan.

The amount accumulated in the total account of Hongmeng Pay has exceeded 500 million Huaxia coins.

Because this part of the funds is relatively fixed, and it is still growing with the continuous development of Hongmeng Pay.

Therefore, Hongmeng Pay can invest it in treasury bonds and short-term loans, and it can earn about 7% interest every year, and it will earn 35 million yuan in net revenue this year.

As for the transaction transition period of 15 days, it will be the same as it will be ten or twenty years later. For every online transaction, the funds will first enter the main account of Hongmeng Pay. If there is no refund within 15 days, this part of the money will enter the merchant. account.

During these fifteen days, the money is not in vain in the bank account, it will also accrue periodic interest.

Although it is only about 3%, the transaction volume is huge.

Now the online transaction volume of Yihaodian has reached 1 billion Huaxia coins, and with 3% interest, it can generate a net revenue of 30 million Huaxia coins.

And with the rapid expansion of the scale of Yihaodian’s online transactions.

The money will be more.

Therefore, Hongmeng Pay’s life is relatively smooth.

Internet cafe management software is a platform software that does not advertise and is free to use, so it has been losing money since it was developed.

Although it lost money, the development and management of Internet cafe management software never stopped.

And nearly a hundred revisions have been made for markets in various countries.

In this era where Internet cafes are the mainstay of Internet access, with this management software, Hongmeng can directly download its own software to all Internet cafe computers.

Even delete hostile company software.

This function alone is worth taking good care of by Hongmeng Company.

The database business of Pangu subsidiary was just launched last year. Although it has made great progress in one year, it is still difficult to launch it on the market.

It is still in the money-burning stage.

In addition to its own business, Hongmeng also has some internal investments.

Mainly in music, for example, South Korea's YG, JYP and SM companies each hold 15% of the shares.

For example, Japan has a 23% stake in Aihui Records.

Originally there were not so many, and they were all acquired bit by bit by Hongmeng Japan from the secondary market.

Looking at the thick Hongmeng Company's 2002 development report, Xu Liang also began to combine his own memory and experience and began to annotate each one.

Hongmeng is one of its most fundamental enterprises and cannot be careless anywhere.

The time is busy and the New Year of 2003 has quickly arrived.

Although they are celebrating the New Year abroad, the UK also has CCTV's broadcast signal, which does not delay Xu Liang and the others from watching the Spring Festival Gala.

Watching the Spring Festival Gala now, Zhao Benshan's program is definitely the most anticipated finale.

Although "Heart Disease", a collaboration with Fan Wei and Gao Xiumin in 2003, is not as well-known as "Trafficking", it is still exciting. Even though Xu Liang has seen it several times, he still laughs happily.

In the Spring Festival Gala at the beginning of this century, although Zhao Benshan was the most outstanding.

But there are also regulars like Feng Gong, Huang Hong, and Guo Donglin, and the program is not bad either.

"Brother, why hasn't anyone called you to say New Year greetings this year?" Xu Meng asked curiously.

In the past few years during the Spring Festival, Xu Liang's cell phone kept ringing, but this year it was quiet.

"Shut down the phone. It's rare to celebrate the New Year. I also want to keep my ears clean for a few days." Xu Liang said.

An ambiguous smile appeared on Xu Mengqiao's face, "Aren't you afraid that my sisters-in-law can't find you?"

He glanced at her and said, "Don't ask about things you shouldn't care about."

"Humph, you just know how to train me."

"Liangzi, how are you, Xiaoyang, Yuhui and the others doing lately?" Wang Lingxiang's voice suddenly sounded.

Xu Meng's originally dissatisfied pretty face instantly turned into a look of gloating.

Looking at the concerned and curious eyes of his parents, especially his mother, Xu Liang sighed inwardly, knowing that he could not escape.

"Mom, it's fine. Don't worry. And didn't they often visit you when you were in the capital?"

"Of course I know this. What I mean is that you can't keep doing this. The girl is not young anymore. You have to make a decision early and don't delay her future." Wang Lingxiang warned.

Although he felt that Jiang Xiaoyang, Qiao Yuhui, and An Kaiyue were all suitable as daughters-in-law, modern times were not ancient times, and bigamy was illegal.

"Mom, I know what's going on, so just leave it alone."

"You are my son, can I not care about marriage? Besides, you will be 22 after your birthday in a few days. When you reach the legal age for marriage, it is time to think about your life-long affairs."

Listening to his mother's nagging, Xu Liangliang felt quite helpless.

The only good thing is that his father doesn't care much about these things, otherwise it would be hard for him to have peace of mind if the two of them went into battle together.

After appeasing my mother, time passed little by little, and soon it was midnight.

Although we are in the UK, tradition cannot be lost.

Loren Manor is far out in the countryside, so it's not afraid of disturbing the people.

So, the crackling fireworks and firecrackers resounded in the sky.

Wang Lingxiang also started to worship the gods just like Wannian.

By the time we finish eating the Chinese New Year vegetarian dumplings, the Spring Festival Gala is almost over.

After a brief tidying up, everyone began to go to bed to rest.

The next day is the first day of the Lunar New Year, because there is no need to pay New Year greetings, and there is no need to get up too early.

However, this New Year's Day is a bit sad for Xu Liang.