Airbnb's primary profit model is to charge renters between 6% and 12% of the rent as a commission per transaction, and a small commission to renters. Of course, because of Yelp, there are activities such as travel reviews, cultural catering, sightseeing performances, etc., and it is also a one-stop service. For example, LiveNation's large-scale performances have value-added services from travel to accommodation. This ability to integrate industries has directly killed many competitors.

Acquisitions and mergers are also essential, and there have been several smaller mergers and acquisitions since Yelp became independent, mostly to bolster Airbnb. And the other good news is that Airbnb is on track to turn a profit on a monthly basis. Under all these positive conditions, Yelp's stock price has risen one after another, and finally exceeded the market value of $50 billion.

A market value of $50 billion, which is a benchmark, although it is not as shocking as the market value of $100 billion, but this is the scale that most large companies have. Even a large number of familiar companies such as Qualcomm, General Motors and Tesla Motors have not reached the scale of 100 billion US dollars in market capitalization, so it can be seen that 50 billion US dollars is the norm for large enterprises. Yahoo's subsidiaries have a market value of $50 billion, and Yahoo is naturally more valuable. In fact, it is precisely the case that although it is still losing money, earnings expectations are constantly strengthening. Amazon Cloud Computing reported revenue, and Yahoo Cloud Computing also saw a significant increase in revenue. The whole industry is exploding, and even if Yahoo Cloud is still in the period of large-scale investment, the expected good days are just around the corner.

Yahoo's biggest investment now is Toutiao's creator income guarantee system, and Toutiao gives a large amount of subsidy funds all over the world every month, except for Huaxia, which is mostly settled in US dollars. There is also the publicity and promotion of today's headlines, as well as Douyin, watermelon and volcano videos of the headline system, etc., which require a lot of resources for publicity and promotion.

Yelp has maintained a cooperative relationship with Yahoo Pay and Stripe Pay, and life services and ticketing services have become formalized, especially the long-distance bus tickets in the EU lighthouse countries, combined with Yahoo Pass's card and coupon package function, which is simply not too convenient. You can also add tickets to performances, dining cards, coupons, NBA Warriors tickets, and more. Yahoo Messenger, like WeChat, is entering the lives of the people of the lighthouse country with its convenient functions. Perhaps in the near future, it will become an indispensable part of people's lives.

Airbnb is also similar to WeChat, transforming from a rental tool into a social cultural travel service provider. One of the most fun, hospitable, and receptive hosts in the world welcomes visitors from all over the world. With local food, theatrical performances, and a variety of activities all rolled together, Yelp has more than enough to satisfy most people's individual needs. This includes a social circle formed through Airbnb.

It is precisely because of this that Airbnb accounts for almost half of yelp's market capitalization, and according to some financial media and institutions, Airbnb's valuation has reached $30 billion. Because it's not just an accommodation service business, it's competing not only with big hotels like Hilton, but also with travel companies like TripAdvisor.

"Yahoo's random subsidiaries are valued at tens of billions of dollars, and I don't know how many good things have not been known to the outside world......," someone said on Twitter, Airbnb's sudden rise really scared everyone, from the beginning of obscurity, to now famous all over the world. It seems that in a year or two, if it weren't for Yelp's independent listing, I'm afraid Airbnb's value wouldn't have been highlighted. Uber and Lyft compete with it, and Airbnb doesn't have a few decent competitors on a global scale, at most some regional and regional competitors.

"As soon as Yahoo makes a move, you know if there is one!"

It is said that Yahoo also wanted to do online car-hailing before, and it may have some scruples, but in the end it didn't do it, which made Uber grow. ”

"I've heard about this, Lyft is still a spin-off from Yahoo!"

"I heard from Yahoo people that Zhou Shi once proposed a concept of sharing economy at Yahoo, which makes full use of the resources in society and redistributes them through artificial intelligence big data analysis, instead of wasting a lot of resources every year like now......"

"The sharing economy was proposed by Zhou Shi?"

"Including the very popular sharing bicycles in Huaxia, Zhou Shi was first initiated at Yenching University. ”

"It is said that he also thought about doing a food sharing project, but in the end, because it was too difficult for him, he couldn't think of a suitable way......, so he gave up!

"You know so much!"

"Will I tell you that I almost got into this project?"

“……”

The more successful Yahoo became, the more successful Zhou Shi became, and as people from all walks of life consciously or unconsciously publicized the nature of Time Holdings, Zhou Shi's team increased the publicity of him personally. Some people worry that Time Holdings is only temporary, and that it will eventually be privatized by him to become a private company, or there are other worries. With the efforts of Secretary Zhou Shi's team, these problems have not been solved, at least they have not had a negative impact on him. In general, the evaluation of Zhou Shi in Europe and the United States tends to be positive, and it is so strong that everyone subconsciously ignores the restrictions of the country and the nation.

In the eyes of the public, Zhou Shi's career line gradually became clear, graduated from high school and worked part-time to earn the first start-up capital, won a national scholarship, and then invested in the financial futures market, and founded the largest community website in Huaxia, Tieba, which grew rapidly and was acquired by Baidu, helping Baidu beat Google, Yahoo Search, Huaxia. Then because of the different academic qualifications and philosophies, he was kicked out of the management before Baidu went public, and then founded Time, Guoke Company.

He invested in YouTube during his visit to Silicon Valley, and then under his auspices, YouTube became the fastest growing company in Silicon Valley, attracting many competitors. After communicating with Bezos again, YouTube chose to merge with Amazon. After the merger, both are strongmen with similar personalities, and both stick to their own set. Zhou Shi voluntarily gave up his rights in Amazon and returned to China to develop Time Shell, and at the same time acquired Yelp in Silicon Valley.

At the same time, there was a financial crisis, and Apple's iPhone was one step ahead of the shell to launch a revolutionary smartphone. However, Zhou Shi was not discouraged, and with the help of outstanding talents such as Rubinstein and Feng Xing, Guoke became the world's second largest smartphone company, and Time Company also developed into an Internet company comparable to Microsoft and Google.

The rest of the matter is much clearer, the troubled Yahoo found Zhou Shi, and Yelp's group buying business at this time became the hottest investment project in the world. Hit it off, Zhou Shi joined Yahoo, and since then it has been out of control, and he has transformed this dying Internet company. To become one of the most dynamic Internet companies in the world today...... 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.