Chapter 3 Looking forward to the birth of an Internet giant worth 100 billion dollars in China! --Fang Xingdong

In the next three years, the number of Chinese netizens will reach 600 million, which is equivalent to the sum of netizens in the five developed countries of the United States, Japan, Britain, France and Germany. We can fully expect that within the next five years, in China, there will be a 100 billion US dollar economy. Internet giant.This means that at that time, except for Google, it was difficult for any Internet company in the global Internet range to reach this height.In China, except for monopolistic state-owned giants such as China Mobile and PetroChina, it is difficult for private companies in other fields to reach this level.In a word, at that time, the world-class companies that emerged in China and could truly lead the world must have been born in the Internet field!

So, who will sit on this extraordinary throne? At present, Tencent, Alibaba, and Baidu are undoubtedly in the most likely first camp. These are the three giants that are the first to cross the $10 billion threshold.Judging from the current situation, Tencent is most likely to come out on top, and the situation is the best.Of course, within five years, China's Internet will undergo earth-shaking changes. In 2007, on the first day of Alibaba's listing, the market value reached 20 billion U.S. dollars. Unfortunately, the stamina was weak. However, Alibaba still has immeasurable businesses such as Taobao and Alipay that have not yet been officially listed.The potential cannot be underestimated.After Tencent went public, its growth was the most stable and lasting. On September 8, 2009, Tencent hit a new high of 130 Hong Kong dollars, and its market value was close to 30 billion US dollars. It surpassed eBay and Yahoo to become the third largest Internet company in market value, second only to Google and Amazon. It is only a matter of time before Amazon surpasses it.

Based on the calculation of the annual growth rate of the performance of China's leading Internet companies at an annual rate of 30%-50% in the next five years, the revenue scale at that time can reach 4-5 times of today's.Therefore, the height of 100 billion US dollars is not a simple guess, but an inevitable result.The only suspense is to see who can come out on top. To pay attention to Tencent is not just to pay attention to an Internet giant that may be proud of the world in the future, but also to find the law of success of China's Internet, to find the miracle track of starting a business in China, and to find the potential context of China's rise.Xue Fang's biography of Tencent, which took two years to write, provides us with a rare perspective, providing us with a very solid material for understanding Tencent's past, observing Tencent's present, and gaining insight into Tencent's future.

Ten years ago, Ma Huateng, a typical "three noes" young man with no money, no power and no power, started his business in Shenzhen.At the most suitable time and in the most suitable position, I started the ordinary entrepreneurship that many young people are doing today.For ten years, with its clear positioning and steady strategy, Tencent has become synonymous with instant messaging in China, and has become the first stop for batches of new netizens to access and use the Internet.Following the trend, driven by the development tide of China's Internet, all boats have risen, continuously improved, and expanded, achieving today's miracles, and may also achieve even greater miracles in the future.

A healthy, sunny, and vibrant world-class Internet giant with US$100 billion is not an isolated case! It is a benchmark, a banner.Behind it will be a neat camp and echelon of successful Internet companies, a healthy new ecology of a series of industries, and a decisive force that catalyzes China's progress and promotes China's development and transformation. So far, most of the prosperous industries, groups of people who got rich quickly, and groups of rising companies need to be closely integrated with rich, powerful and powerful "non-market forces" to stand out.In China's Internet industry, successful Internet companies such as Tencent, Alibaba, Baidu, Shanda, Sina, etc., rely on pure market forces to start businesses from scratch and gradually grow stronger. Views shape the Chinese people's understanding of entrepreneurship, and also guide people's significance for China's high-tech rise.

On the road of China's rise, China's Internet is not only the biggest driving force for social, political, commercial and cultural changes at all levels, but also the center for the birth and rise of China's truly world-class enterprises.We pay attention to Tencent, we pay attention to the Internet, not only the history of a company, the story of a character, and not only a myth of wealth, but also focus on ourselves and find ourselves! The significance is extraordinary and far-reaching. This is why we are so eagerly looking forward to the early birth of a world-class giant worth 100 billion US dollars in China's Internet field. We hope that Tencent will be the final winner, and we also hope that more Internet companies will be winners!