Crazy Entertainment System
Chapter 347 Crazy Advertising Market
Because Crazy is not a publicly listed company, it has no responsibility or obligation to disclose its accounts. Furthermore, as Crazy is an international company, its accounting is very complex, involving many different factors and varying policies in each country. Although Crazy is the parent company and belongs to China, auditing its accounts is not something that can be done casually. Even the tax authorities need to obtain various permits to investigate the accounts of a behemoth like Crazy.
Moreover, taxes are really not a big problem for Crazy. Back then, in order to compensate for the reduction in Grandmaster Chen Yu's reward, the top management of Huaxia gave all companies a five-year tax exemption and a lifetime half-tax exemption.
At the time, this reward seemed like a loss for Chen Yu, but now, the old man and the others are filled with regret. Among the three private enterprises in China, the one that earned the fastest foreign exchange was tax-exempt.
And the timeframe is five years; just thinking about it makes my head hurt.
However, the contract and conditions have already been stated, and it's impossible to easily go back on one's word.
Fortunately, the three companies invested a large amount of their funds in Zhouxu and domestic construction, which made them feel much more at ease.
Nobody knows exactly how much money Crazy makes, but it's definitely incredibly profitable. Just take the membership business alone; according to their public relations statement, it accounts for a staggering 45.98%! That number is absolutely terrifying.
How many users does Crazy have in total?
It has long surpassed one billion, which means that there are at least 450 million members worldwide.
The average monthly membership fee is 24 yuan, which is the result of the settlement after balancing all global currencies.
In other words, Crazy generates 110 billion in revenue every month just from its members.
This doesn't even include other value-added consumption; more importantly, the crazy advertising business is the huge profit chain.
Nobody knows exactly how profitable Crazy's advertising business is, and the company has always remained silent and unresponsive on such matters.
However, according to estimates from major securities firms, review firms, and valuation firms, Crazy's monthly advertising revenue is no less than 60 billion US dollars!
Crazy's revenue doesn't stop there; don't forget that Crazy has acquired many companies.
After receiving the money from Chen Yu, Crazy went on to acquire advertising and media companies around the world. Advertising spaces worldwide were also being devoured by Crazy.
Crazy's market share in physical advertising has reached about 20%, and it holds a certain share in all world-class urban physical advertising.
Especially during this credit crisis, Crazy took the opportunity to expand rapidly and acquire advertising space.
With advertising space secured, all that's left is to wait and count the money!
The global advertising market is worth hundreds of billions of dollars every year, and Crazy is extremely envious of this lucrative market.
Crazy's reputation and strength have made it the first thing that countless powerful brands think of when preparing to advertise.
Of course, to minimize trouble, Crazy supported Facebook in the Americas and Link in Europe! In Asia, Crazy naturally reigns supreme.
Even the most difficult country to conquer, "the invincible first empire of the universe, South Korea," was successfully taken over by Crazy, achieving a hegemonic status. Of course, the nail that sticks out gets hammered down. Gao Feiyan knew that as an outside company, it would inevitably be targeted by the local government. Therefore, it acquired several local companies and supported their development.
With over 80% of the shares held, though all through cross-shareholding and with Crazy's covert support, the South Korean government hasn't taken action against Crazy. Even so, Crazy still enjoys immense support and popularity in South Korea because the Crazy experience is fantastic; not just anyone can create a window into the world of Crazy.
Crazy's world window has now become the most watched window in the world.
Because the information reports here are very fast, and more importantly, they have pictures and facts, and are translated into the local language.
For example, if a major shooting incident occurs in the United States, it will take no more than three minutes for the incident to be reported to the world.
It will be uploaded to the world window in less than three minutes.
Even if countries wanted to stop it, it would take at least six hours.
This is the official time given by Crazy, explaining that deleting information requires contacting branch offices around the world and obtaining authorization before deletion can occur.
The European and American authorities naturally wouldn't allow this. Six hours is too long; by then, the news is out of the question. What good is deleting it?
When the company attempted to take coercive measures, Crazy filed a lawsuit against European and American authorities, citing the simple and brutal reasons of "interfering with business development, restricting freedom of speech, and disregarding human rights."
What kind of country is the United States? A country where human rights are paramount.
If this label is really attached to someone, nobody will feel good about it.
Moreover, this deletion is limited to international deletion; domestic deletion is still not possible. It all comes down to freedom of speech.
This is information released by your citizen; it is his right to freedom of speech.
Therefore, companies in various countries are constantly outmaneuvering local authorities, steadily developing their businesses while protecting the rights of local users. Naturally, they avoid official opposition.
Everything needs to be done in moderation, which is the problem that the leaders of the Crazy branch are struggling with every day.
With strong technical support and advanced design concepts, cloud search is rapidly encroaching on Google's market share in the international market.
The United States was very dissatisfied with this, but other countries were very happy.
After all, we don't want the US to have a monopoly. Why wouldn't we want a better cloud search than yours? More importantly, it's incredibly convenient when used with Crazy.
This has led to a very interesting situation: in the United States, the authorities are resistant to Cloud Search and have adopted a policy of suppression, but they do not dare to kick it out directly. After all, Cloud Search's operation complies with US law, there is no evidence of security issues, and after experiencing Cloud Search and Crazy, the public feels that it is better than Google, so they stand on Cloud Search's side.
Moreover, there are quite a few users, which forces the authorities to consider the matter carefully. If they insist on taking a hard line, it could cause public resentment and protests, which would be counterproductive. They can only urge Google to improve the user experience as soon as possible and use commercial means to compete with Cloud Search. While the authorities outwardly seem unwilling to help either side, they secretly and frequently obstruct Cloud Search. (To be continued.) mz
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