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Has it risen? Did you ask for a ticket? ……

March 1998 was the most important watershed year for China's Internet.

This is not only reflected in this year, the company under Chenxing Holdings has later developed into an Internet empire rooted in China and stronger than the world! It is also because of the rise of Song Chen and the Internet companies of the Chen Galaxy that a large number of "returnees" and people of insight have accelerated their entrepreneurship and started an Internet company a year early!

Among them, Song Chen paid the most attention to Robin Li, because he is well versed in search engine technology. Hearing that Chenxing's Baidu search company had received investment from SoftBank Group without technical achievements, this made him, who was writing "Silicon Valley Business War", suddenly rise to the idea of returning to China to start a business......

[Note: In Chapter 94, there is a bug, in fact, although the link analysis patent is owned by Robin Li, the patent owner is not him, but belongs to the company he used to work for - doJones; googLe's pageRank patent is the same, though it's Larry? Paige and Sergey? Brinming's, but the patent owner belongs to Stanford University, so before going public, googLe gave away 18o shares to Stanford University, which sold them all in 2oo3 with a profit of more than 300 million ......]

It is also because e-commerce has moved from concept to practicality this year, and most of China has become a sensation. As Zhai Yan publicly declared in the media: e-commerce is changing the traditional economic model!

Although Song Chen understands the reasons for the decline of 8848, he does not understand the reasons for the rise of 8848.

In fact, if he had an in-depth understanding of the political and economic background at that time, he would see that the rise of 8848 at that time was the result of the joint efforts of all parties. After the concept of "e-commerce" was put into action by Wang Juntao of 8848 from a lofty academic concept, 8848 is not fighting alone, and the related industries have a keen sense of smell for e-commerce, which is beyond everyone's imagination!

In 1997, China Merchants Bank, which already had a banking website for online payment, launched "One Net" in February of the following year, becoming a commercial bank providing online payment business in China. The online banking of China's four major banks was also launched over the next two years, when the national chain of parent company Lianbang Software became the main distribution company for 8848 (the former being the holding company of 8848).

Wang Juntao's e-commerce has created a blue ocean for the entire industrial chain, whether it is a bank or a distribution system, they are fascinated by e-commerce. It is not so much that Wang Juntao's lobbying has made social resources unprecedentedly active, but that the huge market has pushed these resources involuntarily closer to e-commerce: major banks have begun to accept online payments across the country; China Delivery Corporation provides 8848 with a low-cost delivery service and collects payment from users for them......

8848 racked its brains and achieved a pervasive process: banks, post offices, railways, airlines, delivery companies, line companies, sales chain enterprises with their own distribution channels, etc., which have become a strong support for 8848 to turn the e-commerce industry. It was under the "instigation" of 8848 that a revolution in e-commerce exploded!

As a result, 8848, who had been worried a lot, was surprised to find that the three mountains (logistics, payment and integrity) are not unattainable!

Under the frenzied pursuit of venture capital and the pursuit of countless media! As a result, a person who didn't pay much attention to industry news, as a person who ran around the country at that time, had to be idle for a moment to have an impression of the unfamiliar company of 8848! The rise of the comet of 8848 and the fall of a meteor will feel so profound!

On March 12, 1998, under the personal planning of Song Chen, the website was launched. Limited by the constraints of network broadband, the early web pages were mostly text-based, and only when you open the text link will there be a picture and content introduction on the cover of the software. The website currently has a simple review and rating system, and more sub-functions should have been added, but due to the current terrible network environment, it can only be temporarily canceled.

In addition to gathering people and a large number of students to sort out the list and inventory of books and audio-visual products, Zhai Yan also cooperated with publishing houses and companies that were very interested in e-commerce, and they gave appropriate support to Alibaba's work!

8848 is still very single in the current product category, all of which are genuine software! But the goods are extremely rich, as many as hundreds of genuine software! Most of these are the best-selling stand-alone games of Lianbang Software, and 8848.com is increasing the number of products with hundreds of genuine software online every day - you know, Lianbang Software's software list is more than 5,000 kinds!

Song Chen, who put forward the six major difficulties of the Internet, was surprised to find that the so-called difficulties were being solved little by little under the positive and enthusiastic response of all parties.

Just like history, China Post, which was the first to contact China, heard that Alibaba was going to learn from Amazon to engage in B2C, and it was very enthusiastic! It not only actively provides preferential delivery services, but also opens door-to-door fast delivery services for goods in more than 400 cities, and collects payment on behalf of others!

This really surprised Cai Chongxin, who has been worried about the shortage of funds of Chenxing Holdings.

So, the bank also understood! China Merchants Bank, which already has a one-net network, took the initiative to send someone to contact Alibaba and reached a cooperation agreement with Alibaba! Bank of China has just opened its own online banking and has also announced a high-profile cooperation with Alibaba! After the remaining three lines of "research and research", there is no doubt that the big cake of "e-commerce" has pounced!

With the relative solution of logistics and payment links, Alibaba executives, who have always been worried about Song Chen's high-profile involvement in B2C, were surprised at this time, and things seemed to be unbelievable, even Song Chen himself felt quite "lucky"! Then I pondered the deeds of 8848 and revealed the truth about why it rose.

For this reason, Song Chen had to sigh: The times create heroes!

What surprised Chenxing's senior management even more was that since Song Chen held an unusually high-profile press conference, Chenxing Holdings' subsidiaries have become the target of media and venture capital chasing and interviewing Wèn. Especially venture capital, as if they understood Song Chen's "call", rushed to invest in an endless stream of venture capital, and trampled the metal floor of the elevator in Xiaonan Building to fade the paint.

This finally made Zhai Yue breathe a sigh of relief, and Ctrip, which was established less than a month ago, finally had someone rushing to invest! Even Huang Ruhai, who has just taken over as CEO of Chenxing Software, was surprised that his company was favored by venture capital.

At this time, they realized Song Chen's purpose of either not making a hit, but making a splash: in China, sometimes the product is not important! A concept can sometimes prop up a billionaire.

A typical example is a person named Song Ruhua, who shouted the concept of the so-called "Western Software Park" in the western region, which attracted great interest from the ministries and commissions, and the local governments rushed to invite him to invest in the local area! It is also to send policies and land, and the government also gave him a listed shell resource, so this person relies on the concept of "software park" to call for wind and rain in the stock market! Today we will invest 100 million in a software park here, and 200 million in another place tomorrow...... If history hadn't changed, he would have created a website called "Yanhuang Online"! Very high-profile declaration: We want to make it big together! As for what to do big, this simple and studious young professor had no idea, and he was just one of the successful speculators in China's immature securities market.

In the midst of the uproar, version 1.o of the Internet café billing system, which should have been a few years before the technical prototype appeared, was finally launched! To the surprise of Song Chen and Su Qiqiang of Lianbang Software, the Internet café billing system, which had always made Song Chen feel lacking confidence, was a big hit!

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