Thunder pulls millet to tell the new story to Nasdaq

Thunder official landing Nasdaq after twists and turns, thunder last night officially landed on Nasdaq. Some investment bankers to Sina Technology revealed that the Thunderbolt received more than 20 times times the subscription. The final listing thunder higher than 14.21 U.S. dollars, the price rose 18%, the market value of about 986 million U.S. dollars. The dish was once up to 15.55 dollars, eventually closing at 14.9 dollars. According to the closing price, the Thunderbolt market value amounted to 1.034 billion dollars. Thunder earlier on May 24 to the U.S. Securities and Exchange Commission (SEC) submitted a prospectus, the plan to raise up to 100 million dollars in funds. The IPO will sell 7.315 million ads (US depository shares) to finance 87.78 million dollars. JPMorgan Chase, Citigroup, investment firm Stifel Nicolaus and Oppenheimer acted as underwriters for the Thunder IPO deal. The IPO thunderbolt has granted underwriters a 30-day additional placement option, allowing the latter to purchase additional 1,097,250 U.S. Depository receipts for IPO pricing minus underwriting discounts and commission prices. With today's printing cloud acceleration, millet platform Tag Thunder compared to three years ago that playing Peer-to-peer, digital content platform of the Thunder, more like a hair head kid. 2011 Sprint three years ago, the Thunderbolt first launched a shock to the IPO. At that time the Thunderbolt also had a end to provide users with free software services, the other end of the upstream vendors to collect product advertising fees day. According to the 2011 Thunderbolt submitted the prospectus, Thunderbolt 2010 years advertising revenue This revenue is 24.97 million U.S. dollars, accounting for the total revenue share of 58.4%. And the thunderbolt used to attract users of the free business, but also in the U.S. capital markets have been questioned Peer-to-peer download. The most classic free business model for the Chinese Internet is not highly recognised in the US capital markets. At the same time, China stocks are experiencing the cold winter of capital market. Under the influence of valuation bubble theory, vie credit crisis, some companies ' financial fraud and other factors, U.S. capital market has greatly reduced confidence in Chinese Internet companies, and shares of listed companies have fallen sharply. internal and internal, Thunderbolt canceled the IPO. Looking back on the failure of the last impact IPO, Thunder CEO Shenglong said that in the past three years, the Thunderbolt's business model and product further development, to give more material to communicate with investors, after such a very detailed communication, market or investors, the understanding of the Thunderbolt should be further, the impression is deeper. According to the Thunder this year submitted the prospectus, 2013, Thunder advertising revenue amounted to 48 million U.S. dollars in total revenue accounted for 26.7%, to the first quarter of this year, the proportion further down to 18.3%. Now in the revenue structure of the dominant position, is precisely to the user charges of the cloud on-demand service, the service last year for the Thunderbolt contributed 86.73 million U.S. dollars revenue, accounting for 48.1%. In more than three years, the Thunderbolt by virtue of cloud services, completed to the enterprise fees to the user fees change. The story of the 2013 cloud Shenglong that the value of the Thunderbolt today is that users get big dataCan improve the success rate, can improve the user to obtain data experience speed. This value is through the thunder of the cloud to accelerate the implementation of the service. Cloud acceleration is the thunderbolt of a value-added services, the service through the Thunderbolt's products, to provide users with large capacity data to accelerate transmission to the local, improve the user's broadband utilization. Thunder Cloud Acceleration is the use of Thunder Resources Network division throughout the country's servers, through the smart Cdn Way to store the index of the most popular resources to the nearest users, so as to achieve full speed transmission. On the surface, Thunder Cloud acceleration is a product that is mainly aimed at users ' needs. But in the era of Internet end product type increasing, as well as the appearance of intelligent TV and internet TV box, the user's demand for bandwidth becomes more and more large, the active time of this kind of demand is also relatively concentrated, which makes the bandwidth pressure of server side multiply. If the network video industry, server-side bandwidth directly affects the user experience. And in the higher cost of the network video industry, without affecting the user experience to reduce server costs, Thunder cloud acceleration seems to reduce the total cost of a more efficient means. With High-definition Media, Shenglong said, 4K, 2K high-definition video gradually popularized, for the content transmission of the client, higher experience requirements will also increase, and thunder is the largest internet in China, and is the only one that can face millions of users almost free of cloud acceleration and free data experience very good company. In this environment, hardware manufacturers will be the thunder of the Cloud Accelerator services to provide access to help the Thunderbolt to complete the cloud acceleration technology from behind the scenes to the front of the transition, but also to stimulate the proportion of the thunder paid users rise. In this process, the Thunderbolt did not put its own cloud technology as a hardware company's technology outsourcing, but with the cloud technology will be their core things more intuitive to show to consumers. Thunder and millet in the capital level of cooperation also ensure that both sides can maintain a standard of service level. And it turns out that the thunder of this use of hardware platform directly for consumer charges or with hardware companies to do business model, than the original free mode is more easily accepted by overseas capital markets. The role of the Millet June 19 Thunder Update Prospectus said, Millet will be in the Thunder IPO, from the Thunderbolt priority stock shareholder joinwayinvestmentslimited, CEYUANVENTURESI,L.P. A total of 10.32 million shares of common stock, converted from 7.07 million shares of Class B preferred Shares and 3.24 million stock a preferred shares, were made in Ceyuanventuresadvisorsfund hands. After the Thunder IPO, Millet held the Thunder shares will increase from the original 28.8% to 31.8%. At present, millet on the Thunderbolt has exceeded Shenglong himself, become the largest shareholder. From this point of view, as the founder of the Shenglong lost the absolute right to control the Thunderbolt. In this regard, Shenglong said, a founder of a company's influence and control, does not need to strengthen the concept of equity, many internet excellent public, including one of the most famous internet companies in Shenzhen, including our largest e-commerce company in China, whose founders have no absolute number of shares in the company, their influence on the company is very clear. Shenglong said that as the founder of a company, the company's greatest interest is that the entire company can get rapid growth opportunities. For the role of Millet, he described as thunderbolt in the past few years encountered the most important strategic partners. Although Lei has been claiming that Millet is an internet company, it is undeniable that millet became famous for its hardware products. Because millet itself does not have self-sufficient hardware production capacity, so even in the case of large demand, millet in the pure by the hardware market, and not in the profit has a real advantage. In addition to the market, whether it is the Internet TV or TV box, even to the famous high price of low-cost mobile phones, there are traditional manufacturers in a steady stream of the introduction of competing products to erode the share of millet, which makes millet in the hardware market has been shrinking advantage. This kind of condition millet also only from the Internet value-added service angle starts to seek the breakthrough. And the Thunder needs Millet user entrance and platform, Millet also need thunder cloud acceleration technology to provide users with a more complete network experience. With High-definition media, Shenglong says, 4K, 2K high-definition video gradually spread, for the content of the user side of the transmission, high quality experience requirements will also increase, Thunderbolt is the largest internet in China, and is the only one able to face thousands of millions of users almost free of cloud acceleration and data free experience of the company. Shenglong pointed out that the Thunder and millet two cooperation points, one lies in the MIUI operating system, the other is based on internet TV and Internet set-top box mainly millet home hardware, these two directions can help the Thunder in the user contact point on the mobile internet and the home Internet layout. Shenglong said in an internal mail that the investment of millet and the marriage with Millet only opened a window. He said that the Thunder and millet cooperation is not exclusive, Thunder is willing to pass and millet cooperation case, the Thunderbolt service to all Internet mobile users, Internet home users.