Rebirth in the Perfect Era.

Summary

The passage details the intense competition between YY and QQ in the Chinese internet market. Li Mu, the founder of Muye Technology, has strategically positioned YY with 50 million highly active users and significant value-added service revenues. Despite opportunities for advertising, Li Mu refuses to compromise user experience. This stance creates industry-wide discussions about competitive strategies. Meanwhile, Tencent (QQ) faces potential user exodus and financial challenges. The MIH Group, a major shareholder, proposes aggressive user retention strategies and is willing to invest more funds to help Tencent survive this critical period.

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