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Zhang Xiangdong: A Cup Of Coffee, 3G Portal

2008/11/17 0:00:00 13

The first portal, two year financing over 100 million, three years more than 300 employees, registered users close to 40 million, 3G portal continues to create a miracle.

This youth related story of creating wealth comes from the idea of a cup of coffee blowing.

"I am most happy to meet CEO Deng Yuqiang, and start a business together and trust each other."

On the evening of November 29th, at the school of economics and management, Tongji University, Zhang Xiangdong, President of 3G portal, mentioned Deng Yuqiang's praise for the first time, revealing the creative source of 3G portal for the first time.

Zhang Xiangdong and Deng Yuqiang are 1999 graduates of the information management department of Peking University, a northern Shaanxi man, a Guangdong guy, a warm and sensible, and a steady mind. One likes to gallop the market, one is good at leading technology, and the other two are friends for 10 years.

After graduating from University, two people are not eager to start a business as a "boss". They are willing to become "wage earners".

Deng Yuqiang has been in telecommunications and Mobile Corporation, and has also done SMS business, making mobile phone portals.

Zhang Xiangdong also changed 6 jobs in Beijing, and later went to a newspaper office in Guangdong to be a journalist.

One night in 2003, Deng Yuqiang suddenly asked Zhang Xiangdong to go for coffee. Before that, Deng came straight to Zhang's room and pulled out a small book and muttered to himself: "we are going to be listed on NASDAQ at the end of the year.

"I will quit my job tomorrow," he said. "After 2 years, we have 1 million users."

Just sitting down, Deng Yuqiang came up with an empty head saying that he suddenly had an idea that the mobile phone could build a great portals like PC.

At that time, there were only two kinds of mobile Internet access. Mobile only mobile Monet, Unicom only interconnected the world, few people really access the Internet, and all have to charge high fees.

The two people agreed to establish a portal website, which is free like Sina and Sohu.

The coffee has not been served yet, and Deng Yuqiang came up with a sentence: "quit your job tomorrow!"

The two idealists, two entrepreneurs who have unremittingly turned their ideals into reality, finally realized their entrepreneurial ideals for many years in 2004, and established the Chinese 3G portal.

In the past three years, users are 40 million users. "Our website is called the 3G portal. If you use your mobile phone to access the Internet, you should know that this is the largest mobile portals in China, which accounts for 20% of the Internet."

In March 14, 2004, when the 3G portal was opened, data showed that 2 people were online today and 2 online. The two were Zhang Xiangdong and Deng Yuqiang.

On the same day three years later, they received more than 100 congratulatory letters, 40 million registered users, 970 thousand at the highest level, and 270 thousand people in 45 seconds at the same time.

IDG, who once invested in Ctrip and Tencent, will take the initiative to invest $2 million. Next year, the amount of financing will reach 300 million yuan, and the target of 5 years will be more and more close.

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