10 years ago, a foreign-owned enterprise of state-owned enterprises, BAT 5 years ago, now TMD
Editor’s note: This article is from WeChat public account “Digging a number” (ID: washu66). The original title “Baidu market value fell to the eighth, the Internet company pattern changes in the past decade”
After 10 years ago, when college students talked about the company they wanted to go to after graduation, they were often referred to as China Mobile, Procter & Gamble, KPMG, big state-owned enterprises or large foreign companies. At that time, there was no WeChat, Tencent’s influence on the mobile phone side was far from China Mobile is big, its market value is not high, and it is not called a giant.
Five years ago, BAT rushed to the cusp. The US-listed Ali became China’s largest Internet company. Tencent used WeChat to become the dominant mobile Internet. Foreign companies began to withdraw from China, and the aura of state-owned enterprises gradually faded.
After recently, the most sought-after companies in the hearts of recent graduates have been replaced by TMD and various unicorn companies, which represent the forefront of technology and promise high salaries and bright prospects.
With the Internet, China has undergone earth-shaking economic and social changes in the past decade, wealth has been redistributed, and people’s living habits have changed.
The number of digging collects the market value data of 8 Internet companies in the past ten years. These 8 companies are: Alibaba, Tencent, Baidu, Meituan, Byte Beat, Didi, Jingdong, and many more.
Data is a condensed history, and together through the data, look at what China has experienced in the past decade.
This year, smartphones have not yet become popular. Everyone is still accustomed to using computers instead of mobile phones. Baidu relies on search to become the homepage of many people’s browsers. Tencent’s QQ is the most used software.
At that time, Tmall was also called Taobao Mall. The market value of Ali listed on the Hong Kong stock market was only 10 billion US dollars, which was much worse than the 38 billion Tencent and the 33.6 billion Baidu.
(But at the time, Ali only listed B2B business in Hong Kong, the overall valuation is actually more than 10 billion)
Jingdong is also called 360buy. It just got the financing of today’s capital, and the valuation is 500 million US dollars. The US Mission Network has just been established, and the valuation of Sequoia Capital is about 120 million US dollars.
If you ask Li Yanhong the happiest year in the past, he may say that in 2011, Baidu defeated Tencent this year and boarded the top spot in China’s Internet market value.
In the past year, Google has withdrawn from China, and its 17.5% share in the search market has all been pocketed by Baidu. This is the biggest reason for the soaring market value of Baidu this year.
WeChat was born in the air, and by the end of the year, it began to popularize the campus with the “shake” function.
Jingdong’s market value soared, and the US group was still trapped in the quagmire of the “Thousand Regiments”. Fortunately, the B-round financing with Sequoia’s capital of 50 million US dollars could support it.
At the end of 2011, Xiaomi mobile phone 1 was sold online, and sold 300,000 units in 5 minutes. Under the popularity of smart phones, it became the first year of mobile Internet in 2012, and various apps entered a period of rapid development.
At the end of 12, WeChat relied on the “friend circle” as a big killer. The number of users exceeded 200 million, pushing Tencent’s market value up 60% and regaining the top spot on the Internet.
Baidu, Ali because of the lack of mobile Internet killer applications, the market value is underestimated, Ali also delisted from Hong Kong stocks this year, the market value is fixed at 7 billion US dollars.
This year, the tide of group buying and closing began. The US group became a survivor. Didi and headlines were established in this year. Although they were small, they all got financing, and they got $3 million in Series A financing. Today’s headline got a $1 million Series A financing.
The market value of Tencent and Baidu has risen sharply this year, achieving 100% growth compared to 2012.
The number of WeChat users exceeds 600 million, which is the main reason for the surge in Tencent’s market value. In addition, Tencent also entered Sogou this year and will search for it.The Q input method business is incorporated into Sogou.
Baidu acquired 91 Wireless, and the 91 assistants ranked first in the Android app store market share. The acquisition was interpreted as a big step toward the mobile Internet.
At the end of 2013, the US group launched a US group take-out, and competed with hungry. The valuation rose to about 4 billion US dollars.
Jingdong’s valuation rose to 12 billion US dollars, and the price dropped to 500 million US dollars. Today’s headline is 50 million US dollars, and Ali is planning to list in the US.
In September of 14, Ali went public in the US, breaking the US financing record. By the end of 14th, the market value soared to 271.2 billion US dollars, which was twice that of Tencent.
The listing of Ali not only made Ma Yun the richest man in China, but also made Sun Zhengyi, who holds 32.4% of Ali, the richest man in Japan.
Jingdong also went public this year, with a market value of 34.1 billion at the end of the year, becoming the fourth largest Internet company in China. Only Jingdong of many vertical e-commerce companies ran out.
The gap between Baidu and Tencent is getting farther and farther.
The US group valuation rose to 7 billion, the drop rose to 3.5 billion, the headline is 500 million.
The best performance of the year was the two companies of Meituan and Didi, and the United States and the public commented to form a new US-based company, becoming a real giant in the O2O field, and estimating after a new round of financing of $3.3 billion. The value rose to $18 billion.
Drip and quick mergers ended the burning war in the taxi industry. After the merger, Didi took the 52% stake, and the valuation also rose to $16.5 billion.
The market value of Baidu and Jingdong is getting closer and closer, and the market value of Tencent and Ali is getting closer and closer.
A lot of work has been on the line this year.
Because of the Wei Zexi incident, this year has become a turning point for Baidu’s word-of-mouth. The demand for Baidu’s withdrawal of medical advertisements has been fermented on platforms such as Zhibo and Weibo. Baidu’s market value has also dropped to 574 this year. Billion, the distance from AT is further extended.
The market value of Tencent has surpassed Ali again.
Didi announced that it would receive $2 billion in financing, and the market value rose to $25 billion, juxtaposed with the US group.
Today’s headlines sneaked into the top three news clients, the market value soared to 11 billion US dollars, vibrato, volcano video, watermelon video was also launched this year, Zhang Yiming forwarded to ask All in short video.
There are more and more quietly advertising in the subway station that “100 million people are using it”, and at the same time, because of the $110 million B-round financing, the valuation is over $1 billion.
In January of the same year, Lu Qi joined Baidu as the president and COO of the group. At the same time, he proposed the strategy of All in AI and vigorously developed the driverless car. Baidu’s share price was boosted and the market value rose to 81.9 billion US dollars.
Tencent’s market value continues to lead Ali.
This year’s highlights are in Jingdong. The 2017 financial report shows that Jingdong’s annual sales reached 1.3 trillion yuan, roughly equivalent to one-third of Ali, and at the same time began to achieve profit, doubling the market value to reach 60.4 billion US dollars. , further approaching Baidu.
Drips received $5.5 billion in financing, and the valuation exceeded the US group, reaching $50 billion.
Bytes also got $2 billion in Series E financing, and the valuation rose to $20 billion.
A lot of people quietly played an advertisement that “200 million people are using it.”
The highlights of this year belong to the byte beating and multiplication. With the popularity of vibrato, the byte beats.Successfully got the financing of the Pre-IPO round, the pre-investment valuation was as high as 75 billion US dollars, ranking first among unlisted Internet companies.
Secretly changed the advertisement to “300 million people are using it” and successfully went to the US to go public, breaking the record of the fastest listing of Internet companies, and the market value reached 26.1 billion US dollars by the end of the year.
The US group also went public this year, and by the end of the year, the market value reached 32.7 billion US dollars.
Jingdong’s market value fell to $30.6 billion due to the negative events of Liu Qiangdong.
Because of the limitation of the game version number, Tencent’s ability to realize the liquidity of the game has been hit, and the market value has dropped from the peak of nearly 500 billion to 383.3 billion, but it is still higher than Ali’s 356.7 billion.
Lu Qi left, Baidu’s market value fell to 55.3 billion, but it is still the third among listed Internet companies.
By the advertising revenue dropped sharply, Baidu’s market value fell to 36.4 billion US dollars, ranking the last among 8 Internet companies, BAT is still there, but B has changed from Baidu to Bytedance.
Drip valuation rose to $62 billion, close to the valuation of bytebeat.
The US Mission finally achieved profitability in the second quarter of 2019, and its market value rose 68% to US$55.1 billion compared to the end of 2018.
Too much to sell because of rising sales and falling losses, the market value rose 46% to $38.1 billion compared to the end of 2018.
Jingdong’s market value rose 45% to 44.5 billion dollars at the end of 2018 due to the clarification of negative events and strong performance.