He couldn't even understand why the United States broke out in such a serious financial crisis, which has spread to the world now, and the economy is very poor, and the Fujinxun Group is not very easy to live.

Wang Guanxi smiled and said, "Mr. Ma, you are a leader in the Internet industry and a giant company, and you are growing bigger step by step. This is just a small financial crisis."

"Haha, too" Ma Tianteng began to tell the story of his own business.

During the initial development of Tengxun Group, it went through a very important compensation lawsuit: around 1999-2000, Oicq developed by IQQ robbed many IQ user groups, especially mainland users. Later, IQ Company finally ruled that Tengxun lost the case through legal means, stopped using the name Oicq, and returned the Oicq domain name to the IQ Company, and compensated a certain amount of money. Since then, Tengxun used the name QQ.

At the beginning of his business, Ma Tianteng led his team to do web pages, system integration, and program design. However, because he did not understand the market and market operations, Tengxun's products were sold to operators, but they were often rejected. Like other Internet companies that just started their own businesses, funds and technology were Tengxun's biggest problems.

In February 1999, Tengxun developed the first "Chinese flavor" icq, i.e., oicq, which was popular with users, and the number of registered users grew rapidly, and it increased to tens of thousands in a very short period of time.

As the number of people increases, servers will be continuously expanded, and at that time, the server hosting fee of one or two thousand yuan was overwhelmed by the company.

In 2000, the first Internet bubble swept across the entire Chinese Internet. Tengxun entered the most difficult period. When facing financial difficulties, he almost sold the developed icq software to the Shenzhen Telecom Data Bureau for 600,000 yuan, but it finally failed due to price reasons.

The software cannot be sold, but the user growth is fast, and the investment required to operate QQ is getting bigger and bigger. Ma Tianteng had to raise money everywhere. Ma Tianteng took 6 versions and changed it to more than 20 pages of business plan to find foreign venture capital. Finally, he encountered IGG and Yingke Digital and obtained the first investment. Tengxun's development gradually got on track, and then he received support from the South African multinational media group under the Morgan Consortium and received a lot of technical support.

Looking back, Ma Tianteng feels that he is a miracle.

Wang Guanxi smiled and said: "The future is a period of popularization of the Internet. The market value of Tengxun Group exceeds one trillion yuan in minutes, and several trillion yuan is not a problem."

Ma Tianteng was stunned immediately, as if he had heard something incredible.

The stock price of Tengxun Group is only HK$53 per share, with a market value of about HK$100 billion. Over the years, the market value has been the highest at HK$140 billion.

Wang Guanxi said directly that the market value of trillions and trillions of dollars was shocked.

Are you more confident than my founder?

I don't have the confidence of you!

Ma Tianteng smiled bitterly and said, "Mr. Wang, the financial crisis is sweeping the world now, and the economy is getting worse and worse. Many companies and factories in Shenzhen Stock Exchange are going bankrupt. I really don't have much confidence in the future."

"If American customers don't give orders, many factories will be closed down."

Wang Guanxi smiled and said, "Don't worry, the economy will not last long. As long as the Federal Reserve prints money and prints the dollar on a large scale, the world economy will continue to improve."

Looking at Ma Tianteng's puzzled appearance, Wang Guanxi said with a smile: "Think about it, there is more and more money in the market. If you don't know where to go, the first one is the stock market. However, many listed companies in the industry have been impacted by the financial crisis. These hot money will not buy these companies' stocks on a large scale."

"The Internet industry is different, and the shock waves it has suffered are small after all. In the future, the stocks of Tengxun Group will inevitably be sought after in the era of big-print speculation after 2009."
Chapter completed!