Luo Sheng agreed very readily, after all, there was still some friendship in it. Tengxun decisively invested in Bluestar Technology in the early stage of Bluestar Technology's development, solving the urgent problem. Xu Chenghua's request was not a single loss for the company, just to go with the flow of favors.

As for assists, Tengxun is about to go public in Hong Kong, and Tengxun currently holds 9.45% of Bluestar Technology's equity, making it the largest external investment shareholder and the second largest shareholder after Luo Sheng.

Although the two sides are in a competitive relationship, the better development of Bluestar Technology will help increase Tengxun's stock price. You should know that Bluestar Technology's business is not limited to domestic, but is developing better and better on a global scale, especially in North America.

If a brilliant data is published at this time, it will definitely be of great benefit to Tengxun, which will be listed in Hong Kong the day after tomorrow. In terms of investment, this is called "event-driven".

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

An hour later, Zhang Bowen sorted out a piece of information and sent it to several media outlets.

In the afternoon of the same day, industry media reported a data about the internal leakage of Blue Star Technology, which was quite complete. After the release, it immediately attracted reprints from many media outlets.

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

The company's core product, the real-name social networking website [Bluespae], has exceeded 258 million global users (149 million active users), of which 88.5 million overseas versions have reached 47 million active users and 47 million North American users (28.2 million active users). The development speed is unmatched. It has formed a Matthew effect in the domestic Internet market. The overseas version is also far ahead. The total user scale of competitor myspae has only reached 11 million so far.

Yunge Search's market share in the domestic search engine market has reached 14.2%, and its market share is currently second only to Baidu and Google, and its growth momentum is the most eye-catching. The launch of Tieba products and the current topic of "Super Girl" in domestic entertainment programs have driven Tieba's active and explosive growth, which indirectly led to Yunge Search. In addition, the hao123 navigation website also contributed.

The anonymous forum reddit. The global user scale reached 68 million (27.2 million active), of which 38.2 million North American user scale reached 16 million (16 million active users). The growth of reddit is explosive based on user growth, but because you can register at will, the value content is far less than that of blue space bluespae users, but the growth of reddit's traffic has soared terrifyingly.

Blue Star Music has been launched for more than a month and a half, and the number of users registered in the domestic version has reached 16.2 million. The product has received rave reviews as soon as it was launched, relying on peers to set off. Strictly speaking, there are no peers to set off, because many of Blue Star Music’s functions have appeared for the first time, and they directly hit the g-point of music lovers. They followed the path of "Network Cloud Music" in the previous life. In Internet cafes, Blue Star Music client has become a necessary client software for installation, just like Storm Video.

The number of users of the international version of musispae has reached 7.17 million, and the two versions are launched simultaneously. Although the growth rate of the international version is far less than that of domestic, the international version has a higher commercial value. Because it is an indisputable fact that foreign intellectual property protection mechanisms are currently far superior to n streets in the mainland. The mainland has a long way to go to establish a complete intellectual property protection mechanism.

It is worth mentioning that the cumulative user base of competitor Apple's Itunes has exceeded 100 million. Since its launch, the cumulative sales of the iPod product have exceeded 100 million.

However, in the face of musispae music, Apple said it was impossible to not pay attention to it and it was impossible to have 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, musispae music can not only accumulate 100 million users in one and a half years, but itunes took more than three years to achieve itunes.

Innovative features bring better user experience. New users register for free and listen for a week, plus a super low price of $0.59 per first, plus the traffic from other social products of Blue Star Technology, and Microsoft's secret assistance. These factors have created the dazzling growth of musispae music.

Faced with Luo Sheng's price war, he did not hesitate to lose $0.004 for every song he sold, Apple still hesitated whether to lower the price and fight a price subsidy war with his opponents.

But it has been slow to make a decision, and Apple is still struggling to maintain its market value and its itunes competitors.

It really confirms the saying: It is easy to go from frugality to extravagance, but it is difficult to go from extravagance to frugality.

...

After Bluestar Technology released the data on its products, the industry's reaction was a word of jealousy.

Absolutely jealous, envious, jealous and hateful, any product under Blue Star Technology, except for the poor valuation of reddit, is more than enough to become a separate Internet company. With this impressive data, it can successfully send it to Nasdaq, and its market value can definitely reach more than 500 million US dollars. This is still based on the current valuation.

What makes people envious and jealous is that so many products are actually used by the same company. The previous round of financing supported Bluestar Technology's valuation of 27 billion yuan. At that time, some people questioned whether it would be a bit inflated and the bubble was too serious.

But once this data that passed the third-party audit was revealed, it would be overestimated? It seems that it is far more than this valuation now.

As soon as the report came out, it was spread to North America through the Internet the next day, and all the major investors of Blue Star Technology were very happy.

As for the dissatisfaction with Luo Sheng's strategy of copyright layout some time ago, I have already forgotten all this. Is this true?

The earlier the investor, the higher the returns. Tengxun, as an angel investor of Blue Star Technology, is definitely the biggest VC winner and has obtained the most equity at the least cost.

Now Bluestar Technology has become a hot spot in the capital industry. In addition to the original investors, some new investment institutions have also maintained a focus on it and waited for its C round of financing to arrive.

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, June 15, the Wall Street Journal published an valuation article from an authoritative analyst on the same day.

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

The analyst said: Bluestar Technology's current valuation is guaranteed at US$5.5 billion. If this development momentum is maintained, it is reasonable to make the value of Bluestar Technology exceeding the US$10 billion mark next year.

This report traveled across 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 Blue Star Technology: 9.45%. Before, the outside world only knew that Tengxun was the largest external investment shareholder of Blue Star Technology, but it is unknown how much shares it holds.

Tengxun will be listed in Hong Kong tomorrow, without any suspense. The news of crossing the ocean from Wall Street is undoubtedly a major positive. Driven by the incident, the market is generally optimistic.

On the eve of the listing, Tengxun also announced the company's relevant operational situation. The company is expected to make a profit of 516 million yuan this year, of which Internet value-added service revenue accounts for 40.6%. The service scope includes various instant messaging services, community services and entertainment services. In fact, the strongest income is QQ show. Middle school students who study, elementary school students send a set of QQ show to female classmates in the class or female classmates in the next class, etc., which is quite popular at the moment.

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

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

It is no exaggeration to say that this year is the time for Tengxun to completely announce the turnaround. You should know that Tengxun was once uncomfortable because he could not find a profit point in the past few years.

With the market looking forward to it, time finally came on June 16, 2004. Tengxun was listed as scheduled. The Hong Kong stock market has been waiting for the arrival of this moment for a long time, and countless investors are looking forward to this capital feast.

... ps: Some people say that under normal circumstances, Qualcomm cannot play with you. No matter how much they have to "pay taxes", the protagonist is too low-end. First, if Americans are not greedy, the subprime mortgage crisis in 2007 would not be so miserable, and there are commercial betting everywhere. Second, the protagonist is in the 2004 era, when Qualcomm's career was in a rising period, and it was not yet time to cover the sky. Third, in the country where the protagonist is located, no one thought that Chinese people could make their own chips famous. As long as there are no time travelers in Qualcomm, facing the protagonist's betting agreement, Americans think that God will not forgive him. The purpose of "paying taxes" is not for profit, but what is in front of us is to get faster and more profits?
Chapter completed!