The Legend of Rebirth of the Post-80s, Volume 1, Chapter 473, Baidu Internationalization? As the Internet company with the largest market value in China, Robin Li was actually full of confidence at this time. This time he said he was here to ask Zhou Shi for advice, but he didn't know what he thought. Anyway, Zhou Shi didn't think what he said had played a role in Robin Li.

Baidu's overseas exhibition is not good. One is because it loses its lead, and the other is even if it is management problems. Google's market share in many places exceeds 90%, which is almost monopoly. If Baidu provides a website with similar performance as Google, it also has the hope of gaining a large part of the market. Unfortunately, Google has the advantage of technology and capital. Baidu will definitely invest a lot of money in technology research and publicity and promotion for exhibition. Microsoft's bing search gave the answer. Zhou Shi finally said that if you want to focus, then follow each language.

Dividing the market and opening up each market according to financial strength, you must be patient and not rush to achieve success. Robin Lee is famous for not being patient with Baidu's new business. Many businesses will not be able to do it if they fail to develop for a few years. For example, Baidu's current C2C mall has many ideas and products, but unfortunately there are not many high-quality products, or they are amazing at the beginning, but then they gradually go astray. For example, Baidu's family buckets are many good products at the beginning, but later they may be under the pressure of KPI, and some methods are almost omnipotent, without the style of a large company.

Zhou Shi also knew a lot when he was separated from Robin Lee. Baidu's O9 revenue will exceed 400 million soft-girl coins and its profit will exceed 1.5 billion. Alibaba will probably not be much different. As for Penguin, he doesn't know.

"How is our exhibition this year?" Zhou Shi found Lei Jun and Yu Wei.

"Friends maintains a leading position in the social network market, with registered users reaching 280 million, market share exceeding 70%, and daily active users exceeding 80 million; instant messaging tool mm users reaching 100 million, and monthly active users exceeding 90 million." Lei Jun

"Where is the revenue of Friends Network?" Zhou Shi also found that the scope of his question was too wide. It is difficult to report on so many products in time.

"Friends' revenue composition mainly consists of three parts: advertising, game value-added, mobile and telecom value-added services. Among them, advertising revenue is roughly 1.3 billion, game value-added about 1.1 billion, and mobile value-added revenue is about 800 million."

Zhou Shi calculated that the total revenue was only more than 300 million yuan, but during this period, the gross profit margin of domestic Internet companies was generally very high, which could reach 70% and the net profit margin could also reach about 50%. Even if the research and labor expenditures were higher, it would have a net profit margin of 40%. In other words, last year, Friends had a profit of 1.2 billion yuan. Even if all invested in cloud computing, computer deep learning and artificial intelligence were far from enough.

"Where is the time company?" Zhou Shixin asked absent-mindedly. There are still many difficulties now.

"Time's main source of income is Time Games, among which some domestic games have earned more than 400 million soft girl coins, while some foreign players have no specific data for the time being, but it may be the same as domestic ones. Others such as browsers, Android systems and other revenues exceed 100 million..."

Games have always been the big head of Internet companies' revenue. In the future, even Apple and Microsoft will inevitably become a game company. Most of the exhibitions of Time Friends rely on this. In addition to Zhou Shi's three major game aces that were intercepting from Penguin, Yao Xiaoguan and others also have their own openings. Moreover, after setting up branches in Rongcheng and other places, the efficiency of opening game companies has been much higher. There is a promotional killer for Friends Network in overseas markets, and it is not surprising that it has the current revenue scale. As for Android, browsers are still small, and these revenues may not be able to be invested in over-research.

"Where is the capital gain?" Since Zhou Shi knew when to buy at the bottom, he would definitely not let his companies miss this opportunity. Time Holdings obtained hundreds of millions of dollars in funds through lending, equity pledge and other channels to invest in domestic and foreign stock markets at the beginning of this year. He bought stocks such as Baidu, NetEase, Shanda, and Perfect Time and Space.

"Perfect Time and Space shares have not been sold yet, and the others have been cleared. If we include Perfect Time and Space, we will make a profit of more than 500 million US dollars this time." Yu Wei

"Oh!" Although he was very honest, Zhou Shi didn't agree with it. This was the money earned by cheating, especially Perfect Time and Space. He invested millions of dollars and made a profit of hundreds of millions of dollars. A few years ago, he sold a little when he went public and added a little during the financial crisis. It can be said that he had taken wool many times on him. Moreover, other stocks also doubled at least, and the profit of only 500 million US dollars is no longer too much.

"Sell all the perfect stocks!" Zhou Shi

"Mr. Zhou, if we cash out so much funds, will it cause a lot of funds to be idle. Is this appropriate?"

"If you have the remaining funds, buy Baidu stocks!" Zhou Shi

"Why? We have only sold it for a while." Yu Wei, Lei Jun, was not understanding.

"First, we must invest heavily in cloud computing, artificial intelligence, and other businesses that are burning money, and these funds will not last long. Second, Baidu's performance is about to explode, and you won't suffer any losses now." Zhou Shi, although the exhibition of Friends.com has reduced Baidu's advertising revenue a lot, the market, blogs and other businesses have also expanded Baidu's revenue sources.

"Why do you say that?" Lei Jun could not see any signs of Baidu's performance. If the Chinese market exploded, Friends Network would obviously feel it. However, Lei Jun did not feel this sign from his friends' operations.

"You have been in China. Do you really have no feeling?" Zhou Shi looked at them with an incredible look, and it hit them deeply.

"Do you have any friends with Google?" Zhou Shi continued to ask

"Yes, yes, but everyone's communication rarely involves their respective companies." Lei Jun

"Today Robin Lee asked me to chat. They seemed to increase their efforts to internationalize and face Google's competition abroad." Zhou Shi

"This is nothing. Their internationalization has never been effective, and it is more than one level worse than ours." Yu Wei

"This is not the point. The point is that I feel that they have sufficient confidence this time. Even if I refuse to help them and blow air conditioners, I am still very confident." Zhou Shi said that

"What does this have to do with Google!" Lei Jun didn't understand, Zhou Shi's thinking was so strange.

"The source of confidence is nothing more than oneself and external. Baidu's management level is much worse than ours, which is not enough to support their confidence. The external factors are very simple. It must be Google. There is no problem with Google's overseas operations, so it can only be a problem in China. Thinking of Google's changes since this year, we have reason to believe that there will be changes that are very beneficial to Baidu." Zhou Shi

"This is not very certain!" Lei Jun

"But it is enough for investment. The domestic market is constantly expanding, and Baidu's revenue growth is not as unstable as the game market. And benefiting from the domestic market, the current price and market value will definitely not be its highest point. We don't urgently need to use this fund, so this is a matter with almost no risk, so why don't we do it?" Zhou Shi did not say that he was excited by Robin Lee, one thing that had a profound impact on the domestic Internet market: Google withdraws from the Chinese market.
Chapter completed!