Reborn since 1993

Chapter 1200: They're not even going to act anymore?
Looking at the number of visits to China.com, Wang Zhidong and Jiang Fengnian were both speechless.

What does today's user traffic on China.com mean?
The number of active internet users in the entire inland region is currently around one million, but it may exceed two million by the end of this year.

Even if there are two million internet users, that's the total number of internet users in mainland China. But China.com alone has reached 244 million, which is more than all the internet users in the country combined!
How can portal websites like Sina, Sohu, and NetEase compete in this situation?
Even all three of them combined are no match for China.com!

As for whether the data from China.com was manipulated, Wang Zhidong and his team knew that it was definitely inflated to some extent.

These days, which internet company's data isn't inflated? Even those Silicon Valley internet companies probably inflate their figures to raise funds and go public, and the inflated figures are even greater.

Even if there are some inflated figures, this data from China.com is probably reliable.

Sina and its ilk mainly target the inland market, trying to capture a share of the domestic market. But the domestic market hasn't really taken off yet, so how much of it can they actually take?

On the contrary, China.com profits from both the domestic and overseas internet markets.

Due to economic differences, the number of internet users in Hong Kong and Taiwan in Southeast Asia's Chinese internet market is around one million, while the number is around three million.

In addition, there are 700,000 users in Singapore. These users speak and use Chinese directly and can log in and use China.com directly. This can be considered the basic international user base of China.com!

Japan, South Korea, Siam, Vietnam, Malaysia, and other places are all part of the traditional "Greater China region." Some Chinese people live in these areas, and a considerable number of locals can speak Chinese.

In countries like South Korea and Japan, a significant number of people in professions such as law and politics can read Chinese characters because their legal provisions are written in Chinese.

Moreover, China.com's data includes its user base in mainland China, the entire domestic market, and the Chinese internet market in Southeast Asia, bringing its user base to 244 million. This isn't unreasonable, and there's even significant potential for further growth...

In the future, if Chinese-language internet platforms like China.com can gain traction in Southeast Asia, users of Japanese, Korean, Siamese, and Cochinese-speaking internet platforms may well switch to the Chinese-language internet market.

In the previous life, these internet users who spoke different languages ​​switched to the English-language internet market because Silicon Valley internet companies were the first to go international, and users from Southeast Asia were also the first to be absorbed into the English-language internet market.

Inland internet companies started going global a decade or two later than Silicon Valley companies. Even so, after going overseas, Chinese internet companies, led by Chinese characters, swept the global internet market, prompting even the American Onsa gang to openly rob domestic internet companies.

Moreover, if we're really talking about the most vibrant market in the global internet industry, it's definitely the Chinese internet users.

This market has a huge user base, a lot of talent, and people who speak nicely, but when they start arguing, their words are like venom. They're much better at creating buzz than other internet markets.

When that time comes, where else can the Southeast Asian internet market join if not the Chinese internet market?
"We've just entered the golden age of the internet, and China.com's user base is expected to grow significantly!"

Jiang Fengnian also spoke to Wang Zhidong with a somewhat bitter tone, expressing his doubt that China.com's user traffic today might break the three million mark.

Just like prime time on television, 7 or 8 pm is when internet users are most active. This is when people have finished work and dinner, and it's time to relax and surf the internet.

Just now, Qian Cheng and other users reported that the China.com website is experiencing lag because of a sudden surge in users, which temporarily overwhelmed China.com's servers.

Seeing China.com's impressive performance, Jiang Fengnian suddenly felt a pang of regret. The merger between Huayuan.com and Sitong Lifang felt a bit like handing himself over to someone else...

The promised powerful alliance aimed to transform Sina into an international Chinese internet company, but now Sina's domestic and overseas users combined are less than a fraction of China.com's!

"still have a chance!"

"China.com can't possibly swallow up the market; Sina will always have its chance!"

Jiang Fengnian was feeling somewhat desperate when he suddenly heard Wang Zhidong's words. Jiang Fengnian was a Silicon Valley enthusiast, and in Silicon Valley, when he saw Yahoo at its peak, all his competitors lost interest in continuing the competition, feeling that the outcome was already decided.

Wang Zhidong was very resolute, with a firm expression. He was a man from the rough and tumble era, and what he relied on was determination and perseverance. He would never admit defeat until his last breath.

"If China.com can go global, Sina can too in the future. It's not a match for China.com now, but as long as it survives, it will eventually have a chance!"

Jiang Fengnian looked at Wang Zhidong with surprise. At this moment, he seemed to understand the difference between those who rose to prominence in the inland areas during that early, unremarkable period and those in Silicon Valley. Their perseverance and tenacity had exceeded his expectations. "Yes, only by surviving can one have a chance, but..."

Jiang Fengnian hesitated, saying that while he couldn't be number one, Sina still had a chance if it wanted to be number two among Chinese internet websites.

But is being number two so easy? And are Sina's domestic and international investors willing to accept such a huge drop in performance?

Those who pushed for the merger of Sitong Lifang and Huayuan.com hoped to create a leader in the Chinese internet industry, rather than a perennial runner-up.

If investors are dissatisfied with Sina and need someone to take the blame and be used as a scapegoat, who will take the blame?
However, these are all issues that need to be addressed in the future. For Sina right now, it's about overcoming the immediate difficulties. As long as Sina's position in the internet industry remains secure, Wang Zhidong's position is unlikely to change...

Sina was not the only one shaken by China.com; Sohu, NetEase, Yinghaiwei, and various forums and BBS sites were also greatly affected.

The rampant and unreasonable frenzy of the internet has impacted the minds and spirits of everyone working in the inland internet industry!
The internet can influence more than just one region; a single website can allow users from so many different regions to log on to the same site and even read the same news. This cross-border phenomenon is something that no traditional media could achieve before!
"At 8:10 p.m., some parts of China.com's website in the port city experienced their first outage due to an overwhelming influx of users. China.com has urgently activated its backup server!"

"China.com's website traffic has reached its peak today, with user visits now exceeding 280 million!"

"With 3100 million page views, China.com sets a new record for single-day pageviews on the Chinese internet and breaks the global internet record!"

"China.com has become one of the most active internet websites in the world!"

Hong Kong media outlets continuously report on news about China.com, and other regions in mainland China also reprint these news reports.

China.com has already broken countless records and created new internet records, raising the bar for Chinese internet records by a significant margin. It will be difficult for newcomers to surpass these records in the short term!

Inland media, seeing these newly set records, gained a new understanding of the internet, a concept that has been hyped up in the inland areas in recent years.

For departments related to the internet, such as the Inland Information Administration and the Ministry of Information Industry, seeing the performance of China.com has given them a new understanding of the influence of the internet.

But at least the attitude shown by China.com, and its cooperation with the Information and Government Information Office in reviewing news on the mainland Chinese website and in complying with the Information and Government Information Office's attitude regarding news published domestically for overseas editions, has given the Information and Government Information Office a sigh of relief.

China.com, a company that seems poised to become the largest internet portal in Southeast Asia and even Asia, is actually run by mainland "insiders"!
……

Media reports on China.com's news have caused quite a stir in mainland China, let alone in Hong Kong.

Thanks to the Hong Kong government's vigorous promotion of the Silicon Harbour project, even if people in Hong Kong don't know the significance of China.com, they can more or less feel that this website is very important to Hong Kong!
Hong Kong television stations such as TVB, Pearl Channel, ATV, and Phoenix TV have been reporting on China.com non-stop today, making China.com incredibly popular in Hong Kong.

"Based on China.com's performance today, it truly deserves its title as the world's largest Chinese-language portal website!"

Even in America, China.com's user base and pageviews would easily rank it in the top ten!

Peregrine analysts claimed that, based on China.com's user base and traffic, and compared to similar overseas websites, China.com's valuation should be over two billion US dollars..."

"Are those people at Cyberport really just giving up the act altogether?"

Watching the serious analysis on the financial channel of the TV station, Li Zekai, in the president's office of Yingke Power Company, finally broke down completely and couldn't help but ask Yuan Tianfan a question.

China.com is part of Cyberport, and Peregrine is also part of Cyberport. If Peregrine assesses Cyberport's market value, isn't that just a conspiracy to fool idiots?
That's fine, but China.com has only been online for one day, and it's not even over yet, so it's hard to say whether the data is true or false.

Peregrine dares to value China.com at over US$2 billion, equivalent to HK$15.2 billion. Are they not even going to put on an act anymore? Are they not even going to follow the Basic Law? Are they just openly trying to fleece people?
Li Zekai thought he would make a big splash at Cyberport, but he never expected them to be so bold.

"The valuation of China.com does not depend on how much Peregrine offers, but on whether venture capitalists in Silicon Valley, as well as investment institutions in Hong Kong and New York, recognize China.com's valuation!"

Yuan Tianfan said that it's not a skill to boast on your own; it's a real skill if others also acknowledge your boasting!
"Moreover, given the current climate on Nasdaq, China.com's valuation isn't actually that high..."

(End of this chapter)