According to official data, the number of entries in the interactive encyclopedia as early as 2019 was 18 million, and the number of entries in Baidu Encyclopedia as of May this year was 15 million.

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Bytes beating into the interactive encyclopedia, not to challenge Baidu but to user time

It is learned that the bytebeat has invested 8.742.29 million yuan into the interactive encyclopedia through its quantum jump, and has acquired 22.22% of the shares of the interactive encyclopedia. The quantum leap has thus surpassed the independent encyclopedia founder Pan Haidong and became the largest shareholder of the latter. Although the interactive encyclopedia does not have search portals such as Baidu Encyclopedia and Sogou Encyclopedia, it has a large amount of content. According to official data, the number of entries in the interactive encyclopedia as early as 2019 was 18 million, and the number of entries in Baidu Encyclopedia as of May this year was 15 million.

Bytes jump into the share of the Encyclopedia, is to do “full network search engine.” The whole network search generally includes several basic categories such as information, music, and video. The encyclopedic entry is the content of knowledge, which is the basic reference for users to obtain information. The interactive encyclopedia will supplement this content for byte hopping. In the future, byte skipping is not excluded to supplement music, maps, applets, and other categories of content in various ways.

In the selection on August 1st, we analyzed that the byte jumps to expand the search scenario of its products is not the same thing as Baidu. This is because

Editor’s comment: The mobile Internet bonus disappears the same threat to all traffic Internet companies. Byte jitter for search and WeChat for search…

Weibo Q2 net profit is less than expected, advertising business growth has stalled

Before the US stock market on August 19, Weibo released its second quarter earnings report as of June 30, 2019. The financial report shows that Weibo Q2 revenue was 431.8 million US dollars, up 7% year-on-year, slightly higher than market expectations of 430.1 million US dollars; net profit attributable to Weibo was 103 million US dollars, down 26.9% year-on-year, lower than market expectations of 1.3 One hundred million U.S. dollars.

Weibo’s business is mainly divided into two parts, one is advertising marketing business, and the other is value-added business including membership and live broadcast. Advertising marketing is the main source of revenue for Weibo, accounting for total revenue. More than 80%. In the second quarter, Weibo’s advertising and marketing business revenue was US$370.7 million, a year-on-year increase of 0.2%, mainly due to the contribution of SMEs and major customers (93% in the second quarter, down from 95% in the first quarter). The performance of Weibo advertising business directly reflects the demand of China’s Internet advertising market. The above results indicate that the industry is weak.Unexpected, the advertising business of Weibo’s main business in the second half of the year is also under pressure.

Thanks to the development of a live broadcast business acquired last year

Editor’s comment: The demand for advertising industry continues to be sluggish, external competition (especially short video) is becoming more and more fierce, coupled with the damage caused by the amount of data sent to the platform’s data credibility, Weibo has.. .

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in-depth information| Bytes beating into the interactive encyclopedia, not to challenge  Baidu wants user time

Deep Information| Bytes Jumping into the Interactive Encyclopedia, not  To challenge Baidu, but to user time