Google's withdrawal from the Chinese market, in ten years' time, is not an earth-shattering event, but this time is different, everyone never thought that Google would have such an abnormality.

Many people think that Google's withdrawal from the Huaxia market is due to the censorship system in Huaxia, including many Huaxia Internet practitioners, not to mention that there is no such factor at all, at least this is not the main reason. When Zhou Shi left Baidu, Yahoo's search market share declined rapidly, Google has made good achievements, and now basically maintains a market share of 25 percent, Yahoo 15 percent, Baidu 55 percent, and other search engines are basically negligible.

However, this year, when Google was doing promotion, it went on "Everyday Upward" once, and as a result, Google's search server was immediately crowded. It can be seen that Google supports only a number of people who use online at the same time, and Google does not consider the search needs of China's billion-level population base, and how much it ignores the Chinese market in terms of server carrying capacity. In addition, Kai-Fu Lee, chairman of Google China, said, "The headquarters has always refused to 'branch' too much code, and we have to fight a tough battle with the headquarters for every new feature we develop, which makes us slow and exhausted." Many Google employees in China got tired of the struggle with the head office and left in frustration. ”

The lack of attention to the Chinese market and the slow response are the reasons for Google's failure in the Chinese market, but the low market share, high costs and various censorship reasons have caused Google to announce its departure from the Chinese market. Of course, there may also be the pressure brought to them by the non-stop attack of Google by Lanxiang Technical School!

Google is about to leave China, Yahoo does not have much competitiveness, Baidu's development is undoubted, Baidu, which has monopoly power, can do whatever he wants unscrupulously, including raising advertising offers, lowering advertising standards, and so on. In any case, Baidu's profits will rise significantly, and the stock price and market value can be imagined.

"Mr. Zhou, time is rich, what should I do with the friend network?"

Time and friends are two different companies, although time controls the friend network, and there are many talent exchanges, but the difference is different, at least the financial independence between the two. Due to the problem of funds, it is difficult for domestic funds to flow overseas, so the domestic friend network only occupies part of the equity in the overseas friend network. Most of them are controlled by Time Holdings. The shareholders of Time Holdings are financial trust institutions such as Sixiang Fund and Galaxy Capital. The shareholders of Friends participated in some venture capital, and later acquired the time game web game division, diluting the venture capital equity and at the same time making Friends' profits have increased greatly. But with the investment in the future, Friends.com is definitely short of money.

Time Cloud belongs to Time Lab, but artificial intelligence belongs to the friend network, and the friend network of China and the United States has technical exchanges and cooperation. Bot customer service and chatbots are also being developed. It also promotes the mobile version of the Friends APP and Friends Mitime Messager around the world (MM is still changed to FMM, or there is no need to promote the friend network). The demand for funds is still very large, and the income of telecom capital increase services will be shared with Starlight, and it will not last long, and the income of other value-added services is limited, and the revenue of web games will also decline rapidly with the development of mobile Internet. In addition to advertising, how to open up a new source of income, Lei Jun also has to make his own attempts. It can't be that there is such a big platform in front of him, and there is no performance at all.

The profit model of the Internet is very simple, the largest source of income is advertising, from video, music, games to e-commerce, search, news, almost everywhere can see the traces of advertising. Both Facebook and Google's biggest sources of revenue are advertising. The second is that the membership value-added business is profitable, and it is also a general mode to collect fees by providing more advanced functions, better experience, and more comprehensive content, for example, the game is free, but the fee can be played more refreshingly, and the fee can be charged without watching video ads or can watch paid content, etc. There is also commission income, such as Taobao, group buying, takeaway, Alipay wallet and so on. Of course, doing retail things through the Internet is also a model.

The core of the friend network is to sell advertisements,Text,Pictures have,Now there is still a lack of video,The time video that was planned at the beginning has become a joint organization of time and friends,At the right time, you can let friends buy time video,And they even changed the name of time video to iQiyi (I can't think of any good name,Baidu's video website is called Baidu video,The name iQiyi is occupied by pig's feet。 ）。

"Friends, open financing, promote the listing of enterprises. "Zhou Shi

"!!" Lei Jun looked at Youwei, inexplicably surprised, open financing, accept venture capital, and promote the listing of enterprises, is this true?

"In fact, next year's income will continue to increase, and we are not very short of money," Lei Jun

"Friends.com is still going to be listed after all!" Zhou Shi doesn't want to build Friends.com into a private enterprise, so many dangers, his current strength is not up to the ability to resist all external risks. And to the current level, he doesn't have so much money to invest in the friend network, and other small shareholders will not be willing, and the management with stock options will also have a lot of opinions. However, since accepting Lehman's venture capital, Zhou Shi has categorically rejected other financing requests, and the company's top management has not insisted on seeing Zhou Shi's long-term success. After all, the development of the company has not been greatly affected, and the contradictions and conflicts between them are not big.

"Do you want to raise money now?"

"When to raise money, why financing depends on your own arrangement, listing also depends on the development of the company, if you don't want to go public, you can also follow you, anyway, I don't care very much. Zhou Shi is indeed like this, there are still many competitors at home and abroad on the friend network, and the social network in this life may be difficult to reach the level of Facebook and Penguin in the previous life, and the attraction of Zhou Shi has also decreased a lot. And the development of Time.com has great potential, whether it is Time System, Time Music, Time Cloud, Time Intelligence and other products, the influence of products will not be small, and more enterprises may be incubated in the future.

"Mr. Zhou, is this going to change the company's business strategy?"

"That's right, I want the company to become more open!" Zhou Shi, it's okay if it's not open, it's okay if it's a small market, such a big market, if Zhou Shi makes all the money, how can others mix, how can there be more shareholders to help him share the pressure!

Although Lei Jun said that he was not short of money, in fact, how could there be such a possibility, Facebook was ready to acquire Renren.com, and the curve entered the Chinese market to compete directly with Zhou Shi; Penguin acquired Kaixin.com, invested a lot of money and publicity, and the vulgar content attracted a large number of users to throw themselves into their arms, and when a certain time, the content was reviewed, and at that time it may have encroached on a large part of the market of the friend network. In the face of such a predicament, it is difficult for Lei Jun to make an effective counterattack without a large amount of financial support. At the end of the day, the most important factor is funding.

(End of chapter)