Urban God-level Youth-Chapter 558 - 560 Li Fengyu’s Hope

Tenglong Group's market value used to be close to 600 billion Federation dollars, undoubtedly making it the internet hegemon in Xuan Country.

The emergence of Xinghai Social Software dealt a significant blow to TT Social Software, followed by a sharp decline in Tenglong Group's stock, erasing nearly 100 billion Federation dollars in market value.

Amao Net Shopping has now become the company with the highest market value domestically, totaling over 540 billion Federation dollars.

Previously, Tenglong Group had a market value of over 590 billion, while Amao Net Shopping was over 570 billion.

Tenglong Group suffered the worst evaporation of market value, and since Amao was not on the free list of the Star Domain Network, it also lost some value.

Qin Hao had not yet ventured into e-commerce software; once his software launched, it would be a fatal blow to Amao Net Shopping.

Even the giants in the venture capital industry could see this, so now very few people were buying shares of Amao Net Shopping or Tenglong Group.

They all turned their attention to Xinghai Company. The next step for Qin Hao would definitely be to tackle the e-commerce platform, though it was unclear what it would be like and whether it would severely impact Amao Net Shopping.

Li Fengyu of Qian Du Company was also deeply worried. The usage of the mobile Qian Du search engine had sharply declined, and everyone was now using the Xinghai search engine. The market share had dropped from over seventy percent to just over fifty percent.

The search engine was Qian Du Company's main business, and its market value had plummeted from over 900 billion to just over 600 billion.

Besides search engines, smart wearable devices, and autonomous driving were also Qian Du's main businesses.

No one could surpass Xinghai Company in artificial intelligence, which was fortunate since Xinghai Company had not ventured into smart wearable devices and autonomous driving.

Li Fengyu felt that Qin Hao lacked refined car manufacturing technology or a deeply cooperative car manufacturer.

But he was different. He had deep cooperation with the largest car manufacturer in the country, Changli Automotive Group.

In this area, he still held an advantage, and moreover, his research on autonomous driving had made significant breakthroughs.

He had now placed all his hopes on autonomous driving; once this research succeeded, it would create value many times scarier than the search engine business and could completely transform the current car market.

...

That afternoon, Qin Hao had stayed inside the company, visiting the research and development department with Chang Jing. Most of their staff were working on setting up an intelligent e-commerce platform, including over ten laboratory personnel.

This involved a bit of intelligent mini-program development, seemingly minor, but capable of enhancing user experience.

Smartphones had not yet become widespread, and smart computers still hadn't emerged; therefore, e-commerce platforms could not yet be fully intelligent, though there were some optimizations in certain mini-programs.

Some features of the Xinghai Social Software were functional on Blueberry Smartphones, but could not fully perform on ordinary phones at present.

Qin Hao's current goal was to develop an e-commerce platform and then increase the production of mobile chips, thereby boosting the installation numbers for Xinghai Social, Xinghai Browser, and Xinghai Online Mall.

Around six o'clock in the evening, Qin Hao returned home. Han Meng was preparing dinner, and Qiao'er was sitting on the sofa watching TV.

"Hasn't your Aunt Yu Ying come back yet?" Qin Hao asked curiously.

Qiao'er nodded, "Not yet, Dad, didn't you come home last night?"

Qin Hao, sitting on the sofa, smiled and said, "It's almost the end of the year, and there's a lot to handle at the company. I was working until very late last night."

Qiao'er, sitting next to him and hugging his arm, said, "Dad, Mom and I want to go back to my grandparents' house in a few days."

Qin Hao paused for a moment, "Going back to your hometown for the New Year?"

Qiao'er shook her head, "We'll come back after visiting Grandma and Grandpa. Mom says that a married woman shouldn't spend New Year's at her parents' house; it could bring bad luck."

...

Qin Hao was somewhat speechless; what era was this to still harbor feudal thoughts?

He spoke, "In a couple of days, I'm also heading home; I'll take you to our old home, and then you can come to my place for New Year's. How's that? I'll have Grandpa and Grandma give you New Year's gifts."

Excited by his words, Qiao'er said, "Yeah, Dad's really great."

After saying this, she hugged Qin Hao's head and gently kissed him on the cheek.

This content is taken from freeweɓnovel.cѳm.

Just then, Han Meng came out of the kitchen and paused when she saw this scene.

Qiao'er saw her mom and quickly said, "Mom, Dad said he'll take us back to our old home in a couple of days, and then we'll go to spend New Year's with Grandma and Grandpa."

Stunned, Han Meng said, "Xiao Hao, there's no need to trouble yourself. I'll just go back to Jianghai after seeing my parents."

Qin Hao smiled and said, "Meng, it's no trouble at all. Leaving you two in Jianghai for New Year's, my parents would probably kill me. Just listen to me on this."

Unusually persistent, Han Meng said, "There's no need, Xiao Hao. A divorced woman like me celebrating New Year's at your place could bring bad luck; I'll just stay here."

Qin Hao said firmly, "No more talk; just listen to me on this."

Shortly after, Zhao Yuying returned. She sat on the sofa and let out a long breath, "I'm almost dead tired."

"Are the movie matters settled, Ying?" Qin Hao asked.

Zhao Yuying nodded, "Yes, it's all done. I took it for review this afternoon, and tomorrow I have to get the movie translated into various languages and send it to international agencies for review."

"Yu Ying Auntie, let me give you a massage so you won't be tired," Qiao'er said, standing next to her, ready to massage her shoulders.

Zhao Yuying hugged her, "I'll be fine after sitting for a while."

Suddenly, Qin Hao's phone rang—it was a Xinghai video call from Mrs. Qin, and he answered, "What's up, Mom?"

"When are you coming back?" Mrs. Qin asked.

Qin Hao said, "I have to attend a friend's engagement party tomorrow, the day after tomorrow we have the company's annual conference, and right after that, I'll head home; Qiao'er and Meng will also come, so get the rooms ready, Mom."

Mrs. Qin said with a smile, "Qiao'er is coming too? That's wonderful."

"I should be home by the 11th," Qin Hao thought aloud.

Mrs. Qin nodded, "Come home early, we still need to buy things and prepare for the New Year's goods. Your uncle and aunt are already here, staying in the villa next to ours."

"Got it, Mom."

After hanging up, Zhao Yuying curiously asked, "Whose engagement party are you attending tomorrow?"

Qin Hao said, "Ye Lanxin's from Blueberry Mobile Phone Company."

Zhao Yuying suddenly realized, "Right, her engagement with Li Jianjun caused quite a stir a few days ago.

It's said that many business magnates and elites from various fields will attend; Blueberry Mobile Phone Company has gained significant fame domestically."

Qin Hao said with a smile, "Once our movie goes online, Yuhao Media Company will also make waves both domestically and globally."

[The third update]