Didn't portal websites like NetEase, Sohu, and Sina break through the monopoly of Wujiang portal websites?
Robin Li firmly believes in his technology.
Moreover, he brought his investment company's funds back to China to start his own business.
"I searched for him a thousand times in the crowd, but suddenly when I turned around, I found him where the lights were dim!" Li Yanhong murmured, feeling a little regretful.
The name Baidu has already been used by Wujiang Group.
Now, he has to give his search engine a new name.
...
Hangzhou.
Ma Yun is also a person who can't stand being alone; he started using the internet earlier than most people.
Right now, the internet industry is booming, who isn't envious!
Ma Yun decided to take the risk and start her own business.
He gathered his former buddies who had worked on yellow pages websites and made grand promises, which surprisingly appealed to them.
...
Shenzhen.
Ma Huateng and a few friends copied Wujiang Group's ICQ and developed QICQ.
However, he soon discovered that almost no one downloaded QICQ.
He's the most miserable.
He died before achieving his goal.
Qicq is ignored.
In fact, not only Ma Huateng and others in China have plagiarized ICQ, but they all ultimately failed.
...
Ma Yun and others have a good chance of succeeding in e-commerce, since the e-commerce industry is difficult to completely monopolize.
Li Yanhong's foray into search engines may also allow him to capture a certain market share.
In the past, there were several search engines in China.
Zhao Ye never intended to completely monopolize e-commerce and search engines; he believed that capturing the largest market share would be enough.
However, Zhao Ye will definitely not let Ma Huateng make a name for himself in the social media field.
This thing is too much of a threat.
We need to shut it down from the very beginning.
Even without QQ, Ma Huateng, from an ordinary family, could still live a very comfortable life.
...
...
As 1999 drew to a close, major internet companies were engaged in a money-burning war to gain traffic.
Only websites under the Wujiang Group began to scale back their operations.
As a result, many websites have actually seen a significant increase in traffic, attracting the attention of investment companies.
The period leading up to the bursting of the dot-com bubble was almost the most frenzied.
With internet concept stocks rising higher and higher, even the capital market has gone crazy.
Major investment companies rushed to invest, regardless of the consequences, as long as they thought the project was good and had a large following.
Between November and December, thousands of internet companies worldwide received investment.
Companies owned by Robin Li and Jack Ma in China have also secured funding.
Surprisingly, the inertia of history is truly remarkable; SoftBank has actually invested in Ma Yun again…
(End of this chapter)
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