Luo Sheng agreed very happily, after all, there are still some friendships in it, Teng Xun decisively invested in Bluestar Technology in the early stage of the development of Bluestar Technology, which solved the urgent need, and Xu Chenghua's request is not a loss for the company, just a favor.

As for the assist, Tengxun is about to go public in Hong Kong, and Tengxun currently holds 9.45% of the equity of Bluestar Technology, which is the largest external investment shareholder and the second largest shareholder after Luo Sheng.

Although the two sides are in a competitive relationship, the better the development of Bluestar Technology, it will help to raise the stock price of Tengxun, you must know that the business of Bluestar Technology is not only limited to China, but also in the world, especially in North America.

If a dazzling data is released at this time, it will definitely be of great benefit to Teng Xun, who is listed in Hong Kong the day after tomorrow, in the terminology of the investment community, which is called "event-driven".

Xu Chenghua hung up the phone after chatting a few words on the phone, Luo Sheng was about to put the landline phone back, but he dialed another number and called the office of Zhang Bowen, the company's chief operating officer, to arrange the matter.

An hour later, Zhang Bowen compiled a document and sent it to several media outlets.

In the afternoon of the same day, the industry media reported a data on the internal outflow of Bluestar Technology, which was quite complete, and immediately caused a number of media to reprint the report.

As of mid-June this year, the data of Bluestar Technology's major products have been exposed.

The company's core product real-name social networking site [BlueSpace] has exceeded 258 million global users (149 million active users), of which 88.5 million users (47.79 million active users) have reached the overseas version and 47 million North American users (28.2 million active users). Rival MySpace has only reached 11 million users so far.

Yunge search has a market share of 14.2% in the domestic search engine market, and its market share is currently second only to Baidu and Google, and the growth momentum is the most eye-catching.

The global user scale of the anonymous forum has reached 68 million (27.2 million active), of which the number of users in North America has reached 38.2 million (16 million active users), and the growth of Reddit according to user growth can be described as explosive, but because you can register at will, the gold content is far less than that of BlueSpace users, but Reddit's traffic growth has soared terrifyingly.

Bluestar Music has been launched for more than a month and a half, and the current number of user registrations for the domestic version has reached 16.2 million. As soon as the product was launched, it ushered in rave reviews, all relying on the foil of peers, strictly speaking, there is no peer to set off, because many functions of Bluestar Music are appearing for the first time, and directly hit the G-spot of music lovers, and it is the way of the previous life"Net Cloud Music", in the Internet café, the Bluestar Music client has become the necessary client software for installation like Storm Audio.

Although the growth rate of the international version is far less than that of the domestic version, the commercial value of the users of the international version is higher, because it is an indisputable fact that the foreign intellectual property protection mechanism is currently throwing N streets in the mainland, and the mainland has a long way to go to establish a sound intellectual property protection mechanism.

It is worth mentioning that the current cumulative number of users of rival Apple's iTunes has exceeded 100 million, and the cumulative sales of iPod products have exceeded 100 million since it went on sale.

However, in the face of MusicSpace music, Apple said that it is impossible not to pay attention to it and have no pressure, in just one and a half months, its user scale has reached about 7% of iTunes music from scratch, and according to this trend, MusicSpace music can complete the accumulation of 100 million users in a year and a half, while iTunes took more than three years to do it.

Innovative features for a better user experience, free one-week listening experience for new users, plus an ultra-low price of $0.59 per head, plus the diversion of other social products of Bluestar Technology, and a small assistance from Microsoft, these factors have created MusicSpace's dazzling growth.

In the face of Luo Sheng's price war, at the cost of $0.004 for every song sold MusicSpace Music, Apple is still hesitant to lower the price and fight a price subsidy war with its opponents.

But a decision has not been made, and Apple is still torn between maintaining the company's market value and that of its competitors.

It can really be said to confirm that sentence: from thrift to luxury, from luxury to thrift.

……

After Bluestar Technology announced its product data, the industry's reaction was one word - eye heat.

Absolutely hot-eyed, envious and jealous of the rhythm of being full, any product of Bluestar Technology, in addition to Reddit's bad valuation, other products are more than enough to become a separate Internet company, with this dazzling data can successfully send it to the NASDAQ, and the market value can definitely be above 500 million US dollars, which is still viewed at the current valuation.

And what makes people envious and jealous is that so many products are actually used by the same company, and the previous B round of financing supported the valuation of Bluestar Technology of 27 billion yuan.

But as soon as this data that has passed the third-party audit comes out, is it overestimated? Now it looks like it's much more than that.

As soon as the report came out, it spread to North America through the Internet the next day, and the major investors of Bluestar Technology were happy.

As for the dissatisfaction with Luo Sheng's strategy of laying out copyrights some time ago, I have long forgotten it, is there such a thing?

As an angel investor of Bluestar Technology, Tengxun is definitely the biggest VC winner, and has obtained the most equity at the least cost.

In addition to the original investors, some new investment institutions have also maintained their focus on it, waiting for the arrival of its C round of financing.

The further you enter, the lower the returns, but the success rate is higher and higher, and in general, there are gains and losses.

The next day, June 15, after the news reached Wall Street, the Wall Street Journal published an article by an authoritative analyst on the valuation of Bluestar Technology.

Wall Street analysts are very authoritative, because their forecasts are almost always the same as the actual trend, or even exactly the same, after all, there are really many mathematicians on Wall Street.

The analyst said that the current valuation of Bluestar Technology is guaranteed at $5.5 billion, and if this development momentum continues, it is reasonable for the value of Bluestar Technology to break through the $10 billion mark by next year.

This report crossed the ocean on the same day and spread to the port area, and the entire Hong Kong stock market was excited, because Teng Xun has disclosed the number of shares it holds in Bluestar Technology: 9.45%, and the outside world only knew that Teng Xun was the largest external investment shareholder of Bluestar Technology, but it is not known how much equity it holds.

Teng Xun will be listed in Hong Kong tomorrow, there is no suspense, the news from Wall Street across the ocean is undoubtedly a major positive, driven by the event, the market is generally optimistic.

On the eve of listing, Tengxun also announced the company's relevant operations, the company is expected to make a profit of 516 million this year, of which Internet value-added service revenue accounts for 40.6%, including all kinds of instant messaging services, community services and entertainment services, etc., in fact, the strongest revenue is QQ show. Middle school students and elementary school students who are studying send a set of QQ shows to the female classmates in the class or the female classmates in the next class, which is quite hot at the moment.

As of mid-April this year, QQ has more than 300 million registered users, and the highest number of simultaneous online users has reached more than 6 million.

According to Tengxun's public information, the profit in the first quarter of 2004 was 127 million yuan, an increase of 92% over the same period last year, and the net profit is expected to be 485 million yuan this year.

It is no exaggeration to say that this year is the moment when Teng Xun completely announced the turnaround of salted fish, you must know that in the past few years, because he could not find a profit point, Teng Xun was uncomfortable.

When the market was looking forward to it, the time finally came on June 16, 2004, Tengxun was listed as scheduled, and the Hong Kong stock market has been waiting for this moment for a long time, and countless investors are looking forward to this capital feast.

……