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Advertising Scale

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Chinese Internet companies listed in the United States, the recent year, the price of a lot of jump, a lot higher than the same period, the stock valuation expensive surprising. 　　Is there a bubble in Chinese internet? 　　Recently, the bell in The Wall Street Journal column published titled China Internet: Looking at bubbles from advertising, the article said, "If there is no innovation in the business model, still so dependent on advertising, then the market value of Chinese Internet companies can be said to be overdrawn for years of growth, the bubble has slowly formed." Is there a problem with this judgment?

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