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[Ti Morning News] It’s horrible to watch: the stocks in China were almost wiped out overnight, fell 8.8%

Release Time:2021-07-21 Topic:What is the stock overnight fee Reading:5 Navigation:Stock Liao information > Technology > Mobile Internet > [Ti Morning News] It’s horrible to watch: the stocks in China were almost wiped out overnight, fell 8.8% phone-reading

[Titanium Media Integration] The earnings season is approaching, and the US stock market fell for the second consecutive trading day on Tuesday. The Dow It fell below the 17,000 point mark, and technology stocks were sold. Chinese concept stocks except AutoNavi Software and AsiaInfo Technology barely closed up, other stocks all fell, fell 8.80%.

At the end of last month, and Tencent Holdings jointly announced that Tencent had invested 736 million US dollars to obtain a 19.9% ​​share of after fully diluted.

This move continues Tencent’s M&A model, which is to make strategic shares in other Internet companies without direct acquisition. Tencent subsequently integrated the business of its strategic partners with its own related assets, and exerted synergies through its core social network.

This transaction will also help to transform into a mobile terminal strategy. Yao Jinbo's most valued mobile Internet portals such as Tencent's QQ, WeChat, and browser. Talking about Tencent's help to, he stated that there are two factors: First, Tencent does have a lot of traffic, both on the PC and on the mobile side, occupying the entrance. The second 58 is a website that has no social relationships. It introduces Tencent's social relationships in the hope of increasing trust.

After the completion of this transaction, Tencent and 58 will each other's priority partners in the field of local services. The two parties will use each other's platform advantages to jointly build the next generation of O2O local services.

Affected by the news of Tencent Holdings' shareholding,'s share price once reached US$58.89, a record high.

According to the previous financial report released by, the company achieved operating income of 48.2 million US dollars in the first quarter of this year, an increase of 103.3% over the same period in 2013. This data also exceeds the market’s 43-45 million US dollars expected. In terms of profitability, achieved a profit of US$2.3 million in the first quarter of 2014, compared with a loss of US$4.7 million in the first quarter of 2013.

Titanium media excerpts:

Each team can prove their ability and verify their ideas by showing relevant evidence to investors. The evidence they provide must prove that their ideas can contribute to a sustainable and sustainable Expanded business model. We have developed an Investment Readiness Level (Investment Readiness Level) tool. Although this does not eliminate the judgment, pattern recognition skills and guidance of investors, it can fill in these areas neglected by investors.

——Silicon Valley Godfather Blanco talks about venture capital

The company’s previous mistakes were crowded tactics. In any organization, there are only a small number of truly creative and productive people and groups. Everyone's overall combat effectiveness is not how many people there are, but how many teams can make a living and come up with ideas.

——Chen Yizhou, founder of

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