Chapter 1429 Fill the Cup and Run Away

Originally, I thought I could spend two days in Shanghai to deal with things and go back to my hometown to see my son after this trip.

As a result, Yang Dongxu flew to Hangzhou the next day after arriving in Shanghai. Baidu was going to go public. At this critical juncture, almost all domestic Internet companies are eyeing the largest search engine in China.

Baidu has been in the limelight for the past two years and looks much more powerful than 361. Although there are giants such as Sohu, China Yahoo, etc. in the search market.

But Baidu, which has successfully connected various personal sites in China and turned countless personal sites into its own capillaries, has grown into a giant without knowing it.

In the eyes of many people, 361 is just a navigation webpage, which is a small platform that carries an icon for these portals and search engines.

Although it is backed by the most profitable Xuri Technology in China, its revenue in the past two years has actually been negative.

As early as 2003, the third year after the bursting of the Internet bubble in 2000, the domestic Internet industry was the first to recover. Sohu's advertising revenue was 29.5 million US dollars, and Xinlang's advertising revenue exceeded 40 million US dollars.

NetEase, which has tasted the sweetness of games and portals, has a revenue of 70 million beauties. It has become the most successful cross-border portal website, and it is making a lot of money.

So in such an environment, the domestic Internet industry is developing rapidly, including portals, forums, IM, e-commerce, and online games. In short, the domestic Internet industry seems to have ushered in an epic explosion in an instant.

And Baidu is undoubtedly the best among them, and it has already achieved profitability. That's right, when everyone is spending money to expand their own traffic entrances and wants to grab all the traffic on the Internet, Baidu is rapidly expanding its territory and achieving profitability.

This surprised a group of bigwigs, and everyone is full of hope for the future of Baidu.

You must know that in this era, whether it is playing games, reading novels, or watching movies and TV series. The most common way for netizens to surf the Internet is to Baidu first.

Then click on the link when Baidu appears. This is a big traffic user. Even when shopping on Taobao, you don’t click on the Taobao APP.

Instead, you search for what you want to buy on Baidu, and then Baidu will give you the link to the product, and then you click in to buy it.

Such amazing traffic import shows how prosperous Baidu is now.

When a group of big guys are making tens of millions or even hundreds of millions of dollars a year, the not-so-eye-catching 361 will naturally not be taken seriously by them.

After all, you still lose money every year with the support of the game giant Xuri Technology, whether it is 361's webpage, Tieba, or 361Y video, which currently has no members.

These are all big pits for losing money. Although the outside world's valuation of 361 has been rising again and again, user stickiness is its biggest shortcoming.

Although Xuri Technology's games and Y users make up for this shortcoming very well, games and YY are software in two other fields.

Games make a lot of money by dominating the game industry, and YY also makes a lot of money by dominating instant messaging software. But these two seem to have little to do with the portal website.

Therefore, it is no problem that the traffic in this market is still being divided by major portal websites and Baidu.

So Baidu is going to go public, and has completed all the listing procedures. It will ring the bell on NASDAQ on August 5, which naturally attracted the attention of many Internet companies.

"How high do you think Baidu's stock can rise? It is said that their pricing is not less than 66 US dollars." Qiu Bosong asked Yang Dongxu while sitting opposite him in the office of the director of Sunrise Technology.

At a time when the global Internet industry seems to have just recovered in the past few years, the stock of a Chinese listed Internet company is actually set at 66 US dollars, which is definitely a high price.

After all, compared with the extremely high prices of Internet companies' stocks that will easily reach hundreds or even hundreds of dollars in the future. The Internet valuation during this period was generally around 30 US dollars. The Internet bubble in 2000 still left many investors with lingering fears.

"It should be no problem to double it." Yang Dongxu thought for a while and said.

He didn't know how much Baidu's stock rose after it went public. He had never paid attention to this aspect before, but a big rise was certain.

And in the next few years, Baidu will be a very powerful presence in the entire domestic Internet market. It has continuously surpassed the older generation of traffic portals such as Sohu, Xinlang, and NetEase, and has created its own glorious moment.

"Can it rise so much?" Qiu Bosong couldn't help but look surprised, wondering if his boss was exaggerating a bit.

You know, Microsoft's stock price this year is still hovering around $30, and Baidu's listing price of $66 already makes people feel inflated, and it can double, which is simply unimaginable.

"I bought a lot of Baidu's stocks, and the more it rises, the better." Yang Dongxu smiled and shrugged.

It seems that it was just a joke just now.

Qiu Bosong was not surprised that his boss invested in Baidu. After all, his boss has made a lot of investments, especially in the Internet. He not only invested in Baidu, but also invested in Alibaba and JD.com.

It can be said that it is not an exaggeration to say that his boss's investment is all over the entire Internet industry, and Yang Dongxu himself is the boss of the largest game company.

At the same time, he also has a number of high-quality Internet industries such as 361, Y video, input method, YY chat, etc. Such a great investment is unique in China and even in the world.

Because Yang Dongxu's investment not only includes domestic listed Internet companies with a bright future, but also includes many world-class giants. It can be said that he is the most powerful investment crocodile in the world's Internet industry.

So Qiu Bosong really took his boss's words as a joke. It's like a person who bought a lottery ticket and joked with others that if he won 5 million, he would do something like this.

Yang Dongxu is actually quite looking forward to Baidu's listing. After all, Shengda's listing created the first richest man in China's Internet industry.

At that time, it can be said that it caused a sensation in the entire domestic business circle, and he secretly made a lot of money behind it. Now Baidu's listing is more likely to be better than Shengda.

Everyone speculates whether Baidu Li will become the second richest man in the Internet industry after the end of the next trading day tomorrow.

And Yang Dongxu, who owns a lot of Baidu shares, will naturally increase his net worth. However, this time he has sufficient funds and has no intention of selling his shares directly.

Compared with Shengda's rise directly from a game, then Chen Da Lao began to run faster and faster on the road of surpassing the times, and finally even the development of the times could not keep up with his pace.

In the end, it was dragged down by the entire era and ended sadly. Shengda's value was quickly overdrawn and there was no need to hold shares. At the same time, Chen Da Lao did not like him to hold shares.

Baidu's potential is undoubtedly much greater. If nothing else, at least in the next five years, with the vigorous development of the global Internet industry. Baidu's market value will be five or six times higher than it is now.

Since there is no shortage of money and no need for so much cash flow, why does Yang Dongxu want to sell such a high-quality stock in his hand?

Not only did Yang Dongxu not sell it, he was also prepared to continue to buy. This is also the reason why he returned to the Magic City after returning from Shenzhen, and Chen Xin went straight to the United States.

"Okay, it's time to get off work. What do you want to eat together tonight?" After finishing a document in his hand, Yang Dongxu stood up and stretched when he saw that it was already five o'clock in the afternoon.

"You want to go back, you are here to watch Baidu Li ring the bell?" Qiu Bosong asked.

"Brother, the time difference between the United States and China is reversed. It's dark here when the bell rings for listing. If you keep an eye on the closing of SNADAQ for a day, you will have to stay up all night. You can't stay up late when you are old, right?" Yang Dongxu was speechless.

Although he was a little excited about Baidu's listing, after all, he had so many Baidu stocks, which must have made a lot of money. But this excitement was not enough to make him stay up late to watch Baidu's listing and then watch the market for a day.

At the same time, he was very confident about Baidu's stock price. This confidence not only came from the fact that as a veteran, he must know that Baidu had risen sharply.

It also came from what I said just now. He not only held the existing Baidu original shares, but also bought Baidu in the market when it was listed.

With the funds in Chen Xin's hands, she would be an absolute crocodile if she went out to buy. With so much funds pouring into Baidu's stocks, it would be a miracle if it didn't rise sharply.

Yang Dongxu even speculated that after the listing of Baidu, the stock price might create a historical high, which was even higher than the Baidu in the previous life.

With such confidence to mop the floor, why would he be so excited to stay up all night to check Baidu's stock market?

Is the bed at home uncomfortable, or the pillow too hard? Doesn't he sleep well?

"Are you going to stay up all night?" Seeing Qiu Bosong looking at him speechlessly, as if he couldn't understand his big heart, Yang Dongxu couldn't help but ask back.

"Do you think I can sleep well when I go home with such a thing that may affect the development of the domestic Internet?" Qiu Bosong spread his hands.

"Okay, I will pay for the midnight snacks for all those who stay up late to watch the stock market today, and I will also pay for the midnight snacks for those employees who work overtime to write code. Take care of yourself, brother." Yang Dongxu patted Qiu Bosong on the shoulder.

Looking at Qiu Bosong's enthusiasm, it is estimated that he is not the only one who stayed up late to watch Baidu's stock market today in Xuri Technology Company. And looking at the entire domestic Internet industry, it is estimated that there are even more people who stayed up late today.

"The situation that affects the development of the domestic Internet is a bit exaggerated. The person who can really influence the domestic Internet is standing in front of you. But it is true that it will give the domestic Internet industry another shot in the arm. So be prepared, Lao Qiu, the domestic Internet industry will only be more exciting in the future."

"I don't want to admit your self-praise, but I can't refute it."

If there is anyone in the country who can influence this super market of the Internet, which is already worth hundreds of billions, this person in front of him is indeed one.

But even if he counts it, Yang Dongxu's pretense hurt him.

So Yang Dongxu saw that the pretense was successful and he slipped away decisively.

After pretending to be a big shot, he didn't leave, waiting to be beaten?