Other language: Vietnamese
Rebirth in the Perfect Era.
Chapter 562: Sharp Plunge!. [564]
Summary
Sina's stock experienced a dramatic plunge on Nasdaq, dropping nearly 24% due to traffic blockade by Muye Technology. The sudden decline was primarily attributed to YY123's strategic move, which redirected Sina's web traffic and significantly impacted its market valuation. This event highlighted Muye Technology's growing influence in the internet industry, demonstrating their ability to manipulate website traffic and stock prices. NetEase and Sohu benefited from Sina's misfortune, seeing nearly 10% stock gains, while the entire incident revealed the potential power of navigation websites in controlling online traffic ecosystems.Full content
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