Seeing that 2010 is about to pass, Guoke and Yelp have completed financing one after another (PS Guoke has accelerated the speed, don't care about these details), one is valued at $50 billion, and the other is valued at $7.5 billion. Of course, Zhou Shi's becoming a shareholder of Guoke has not been announced for the time being, and only the investors who participated in the investment in Guoke know. His cash-out in the U.S. stock market is not known except for Baidu's shares, which need to be announced because more than 5 percent of them need to be announced, and the liquidation of Apple's shares. However, Amazon's market capitalization is more than $70 billion, and although it is not known how much Zhou Shi's specific stake in YELP is, it is obviously indispensable. After all, at the beginning, this company was fully acquired by him with his personal fund.

Of course, Zhou Shi's asset changes can't be hidden for a long time, after all, many things are not kept secret, but they are not publicized to the outside world. After this change, his public assets include 12% of Amazon's shares, 10% of Guoke (only 9.5% after financing, 8.55% after listing), 70% of Yelp, 10% of Netflix, 4.5% of Disney, and a wholly-owned Fengyun Culture and Sports Technology Investment Company (the main assets are Liverpool, Dortmund, Golden State Warriors and Miramax shares) and of course, a semi-public time holding of about 10% of the shares. Even if you don't count the shares of Time Holdings, his net worth has exceeded 20 billion US dollars, which is only less than Li Bancheng in the Chinese world, and the net worth of the second richest person in China has not exceeded 10 billion US dollars.

In any case, Zhou Shi and Yelp can be regarded as dominating the screen, and the global financial news is full of all kinds of news from these two. With $1.2 billion, Zhou Shi raised the priority of Airbnb. Partnering with Instagram allows homeowners to use a variety of filters to beautify their homes and then upload and share them on Airbnb profiles. Group buying will not give up, but the focus will gradually shift from discounts to services. Including various offers with Time Wallet, mobile card payment, disguised subsidy Time Wallet, or in other words, jointly promoted. Online ticketing and online seat selection services are also available, but there are not many movie theaters that are supported, and there is an additional charge for this service. Nor has it developed such a classic operation as a film company buying a box office.

Zhou Shi methodically controlled the development of Guohu, and became a nouveau riche when he didn't have any money at all. Originally, he wanted to buy a few small companies, but unfortunately a wave of hype between him and Goldman Sachs plunged the market into a false boom, and almost every small business has many unrealistic illusions.

"Let's go steady, pay attention to cost control, optimize the process system, and be ready to fight a protracted war...... Zhou Shi discussed and negotiated with Shen Haoyu, Ebelson and others at the YELP meeting.

"We just received a lot of money and we closed the front?" said Ebelson

"It should be said that it is to open up new fronts, with a focus on Airbnb, and then do market testing and promotion for yelptaxi. Although Uber's development prospects are greater than Airbnb's, the popularity of smartphones in Silicon Valley San Francisco is still not too high, and only everyone has a smartphone, and that is when this kind of ride-hailing service really works. There are also various legal matters, including how to deal with taxi drivers' strikes, and also need to be prepared.

In collaboration with Yelp, there is not only the Time Wallet, but also the Aze Map of Time. In addition to purchasing basic map data, Time also continues to improve the AZE map through crowdsourcing mode. This time, it has in-depth cooperation with Felix, and can submit various traffic accident reports through voice, which is to further improve the social function of aze. In the future, artificial intelligence algorithms will be introduced, and route planning suggestions will be improved. Merchants who work with YELP will have more priority on the AZE mobile map, and even plan to recommend information that is being purchased in groups, of course, whether it will be recommended or how long the recommendation lasts depends on the user experience. Even if you don't work with Yelp Group Buying, aze Maps will work with YelpTaxi, and the role of navigation is obvious. Now the international map service providers, in addition to Google Maps is one of the best, aze maps are developing rapidly, as well as Apple Maps and Nokia's Here Maps are also relatively good. Originally, Nokia's Here map has an 80% market share in Europe and the United States, but with the rapid increase of smart devices and the rapid growth of Google Maps, the advantage of ze is crowdsourcing, and many selfless drivers can find many unknown paths, so as to bring more convenience to others.

Groupon has also completed a new round of financing, and their financing amount is $500 million, which is almost half of yelp, but I don't know how much the valuation is, but looking at the gap between them and yelp, it should not exceed $3 billion. Google failed to make two acquisitions in a row, so it had to buy a few small companies and then invest a lot of money, just like the current googlevideo, although it has invested a lot of money, but the market size is less than a quarter of YouTube.

In the face of the surging development of group buying, Yahoo and Amazon are also a little unable to sit still and want to develop their own group buying services. These things don't matter, Yelp, which has already established an advantage, will not be easily overtaken, and it is not a joke to take it one step at a time.

The war of thousands of regiments in China has intensified, although Time Cloud has been able to show its talents, develop a lot of business, and provide them with good services. However, the development of Dianping has also been sniped a lot, and major portals and Internet giants have joined the battle, and Friends.com has not participated in it because it is going to be listed on the A-share backdoor. However, it has invested in Dianping, developed online movie booking services, and increased investment in games, including acting as an agent for Korean games and developing mobile games. The listing of Huaxia Friends will be delayed until at least after the Spring Festival, and the general arrangement is that the shells will be listed in March next year, and Huaxia Friends will be listed on the Internet in May. The backdoor listing in China is really troublesome, and even if there is a relationship behind it, there are still many procedures to go through.

Several people at Yelp are still discussing the future, in order to grow, yelp has more than 5,000 employees worldwide, and the rapid expansion of employees in a short period of time will definitely bring a lot of problems, and staff training is urgent. In addition, the screening of suppliers is also a top priority, and consumer complaints about merchants began to rise rapidly in the second half of the year, and excessive preference for the interests of merchants is a significant problem at present. Of course, these problems are more pronounced in Groupon.

"We should have a clear understanding of what kind of company we are, and as I said last time, it is our mission to provide users with high-quality life travel services. "Zhou Shi

"Yes, the training and management of employees is indeed a top priority to maintain our corporate culture. "Shen Haoyu

"Then should we increase our advertising efforts...... Eberson

"Forget it, put the ads on the PC side to the mobile ......" Although Zhou Shi knows that the current group buying website advertisements are overwhelming, he does not want to join this group. The most important thing is to refine management and improve the management ability of the whole company. Take a hundred plating to read the latest chapter of "The Rebirth of the Post-80s Legend Claw Book House" for free for the first time.