Chapter 252 Sweeping the American Market



Internet Explorer is a simple and beautiful browser with rich and powerful features, and American internet users love it.

"This Internet Explorer browser almost completely outperforms Netscape Navigator; its response speed is at least 1.5 times faster! Plus, Internet Explorer comes with a built-in SH plugin, allowing you to watch SH animations on websites—that's really awesome!!!"

Without a doubt, the sh plugin was also developed by Wujiang Group, although it wasn't developed until 1996 in the previous life.

Internet Explorer with its .sh plugin is simply incomparable to Netscape Navigator.

The Boundless Portal is thus able to offer users a wider range of content, not just text and photos, but also videos, something that American online websites currently cannot achieve.

In addition, Wujiang Portal also provides search engine (Baidu) services.

Baidu's powerful search engine has not only conquered Europe, but even Americans cannot resist its charm.

However, people haven't yet seen the value of the search engine, thinking it's just a small feature of the Wujiang portal website.

Needless to say, Internet Explorer, being free, quickly became the most popular browser in the United States, with an astonishing number of downloads.

A week later, Internet Explorer surpassed Netscape Navigator in the number of users, becoming number one in the United States.

Netscape was completely dumbfounded.

Stock price collapse!

Netscape CEO Clark has just returned from his honeymoon with his lover, only to find that his company is about to go bankrupt.

At the beginning of the month, Netscape went public on Nasdaq, creating an IPO miracle and making Clark's net worth $566 million, shocking the entire United States; however, by the end of the month, Netscape's stock price had plummeted to nothing.

Having fallen from heaven to hell, Clark couldn't help but feel a sense of despair.

Why?

Why did my company die so quickly?

Subsequently, in less than a month, Netscape Navigator had almost zero users.

“Clark, while the company still has money, why don’t we quickly transform it?” Anderson, an investor in Netscape, sighed and suggested. Netscape is losing money every day, and if it continues like this, the company will go bankrupt.

Even if Netscape Navigator becomes free, it still can't compete with Internet Explorer.

Internet Explorer's technological advantages are too powerful!

Clark looked dejected and sighed, "Now I truly understand what it means to be an internet company only 30 days away from bankruptcy! Anderson, you're right, it's time for Netscape to transform!"

With Internet Explorer being free, Clark was truly helpless.

Suing Internet Explorer?

Since it's free software, even if we sue them, we might not win. And even if we do win, the lawsuit will be a long and drawn-out affair. By then, Netscape's grave will be overgrown with weeds.

Moreover, Internet Explorer is tied to the HarmonyOS system, making Netscape Navigator seem like a futile attempt.

The fate of Netscape was sealed the moment the United States allowed Wujiang Group to enter the US market.

Clark is in a lot of pain right now. If this happened in China, people would probably say, "Why did Heaven create both Zhou Yu and Zhuge Liang?"

...

At this time, Netscape wasn't the only company suffering; a large number of American portal websites, including AOL, were also in dire straits.

The Boundless portal website practically dominated the entire American internet!

As the saying goes, "foreign monks chant better sutras." Before AOL became popular, Wujiang Portal was already a global phenomenon. Americans were too familiar with "local monks," so they lacked mystery and had less psychological expectation. Therefore, they were full of curiosity and anticipation for Wujiang Portal.

The Wujiang portal website completely outclasses American online websites in every aspect, so its popularity in the United States is a natural outcome.

The shareholders of Wujiang Portal, including Goldman Sachs, Sequoia Capital, and Morgan Stanley, were extremely excited. They never expected that Wujiang Portal would capture the No. 1 market share so quickly after entering the US market!

"This is truly beyond my expectations! Wujiang Portal has become the most popular portal in the United States so quickly! The operational capabilities of Wujiang Group are truly terrifying!"

"The advantages that Wujiang Portal has are too great; other websites simply cannot compete! I heard that AOL is developing a brand new portal based on web technology, but this is obviously a step behind."

"Yes, Steve Case probably never imagined that Wujiang Portal would acquire users so quickly!!"

"Actually, this also shows that Wujiang Portal is very popular with American users, so now is the best time for Wujiang Portal to be listed on Nasdaq. What do you think?"

"Hahaha, that's right, that's right, it's definitely a great opportunity to go public, I support it!"

"..."

At this moment, everyone decided to strike while the iron was hot and push for the Wujiang portal website to be listed on NASDAQ.

Zhao Ye also supports the listing of Wujiang Portal.

Only after Wujiang Portal goes public can it raise substantial funds and contribute to the Wujiang Group.

Furthermore, if Wujiang Portal succeeds in its IPO, it will definitely stimulate the entire internet industry and drive the industry into a frenzy!

At Zhao Ye's behest, Tang Letong, CEO of Wujiang Portal, began discussing IPO with the website's investors.

...

After the first quarter of this year, Wujiang Group's revenue increased significantly.

Liu Yinyin handed the financial statements to Zhao Ye.

Zhao Ye glanced at it and couldn't help but show a look of surprise.

This chapter is not finished yet. Please click on the next page to continue reading the exciting content!

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