Chinanews.com client, Beijing, September 4 (Reporter Wu Tao) The second quarter of 2021 results of major Internet companies have been released one after another. In the context of increasingly stringent Internet supervision, these major companies that have run wildly have "low-keyed" a lot. "Transcripts" are more about employee care, social responsibility, and scientific research investment.

The income of Internet giants does not decrease

　　Alibaba’s fiscal quarter results revealed that the group’s revenue increased by 34% year-on-year to 205.74 billion yuan, mainly driven by the steady revenue growth of China's retail business, the rookie logistics business, and the revenue growth of cross-border and global retail business.

　　Tencent's revenue in the second quarter of 2021 increased by 11% year-on-year to 72 billion yuan, and the total revenue for the first half of the year was 273.6 billion yuan, an increase of 23% year-on-year.

　　Pinduoduo’s second-quarter revenue was 23.046 billion yuan, an increase of 89% year-on-year, and its adjusted net profit was 4.125 billion yuan, compared with a net loss of 77.2 million yuan in the same period last year.

　　Jingdong Group’s net income in the second quarter of 2021 was 253.8 billion yuan, a year-on-year increase of 26.2%, and its operating profit was 300 million yuan.

Data map.

Mu Gongshe

　　In the second quarter of 2021, Baidu achieved revenue of 31.4 billion yuan and net profit of 5.4 billion yuan, exceeding market expectations.

　　Meituan’s revenue in the second quarter of 2021 increased by 77%, from 24.7 billion yuan in the same period in 2020 to 43.8 billion yuan.

　　It can be said that the Internet giants performed well in the second quarter. In the context of increasingly stringent Internet supervision, revenue is still increasing rapidly, and many of them are still growing at double digits when the "plate" is large enough.

Internet giants become "low-key"

　　Compared with the soaring income, Internet giants do not publish their "transcripts" in a high-profile manner as in previous seasons, but are slightly low-key, and they are not even willing to recognize themselves as Internet companies.

More is about employee welfare, social responsibility, scientific research investment and so on.

　　Baidu Chairman and CEO Robin Li said that he is very pleased to have the opportunity to help different industries achieve business transformation through AI and support Baidu to achieve carbon neutrality by 2030. “In the second quarter, Baidu’s R&D expenditure was 6.3 billion yuan, accounting for revenue. The proportion exceeds 20%."

Data map.

Photo by China News Agency reporter Yi Haifei

　　JD.com even said "continue to maintain low-margin operations" and "JD is a physical enterprise."

Jingdong also stated that the total number of employees in the second quarter of 2021 is nearly 400,000.

　　Meituan also said, "Meituan never wanted to be an Internet company in the traditional sense." "Meituan will promote more efficient logistics and supply chains in rural areas, help farmers increase income, and help rural construction." "Efforts to achieve. Carbon neutrality and sustainable development in the future."

　　Pinduoduo stated that it has set up a special agricultural science and technology project of 10 billion yuan to meet the major needs of agriculture and rural areas, not for commercial value.

　　On the other hand, after the relevant departments made it clear that 996 was an illegal act, major Internet companies canceled "small and small weeks" one after another, and employee benefits were still "up".

For example, a company under Tencent forced a trial run at 18:00; JD.com said that it would take two years to gradually increase the average annual salary of employees from 14 to 16...

Data map.

　　“Always pay attention to the working environment of employees and the welfare of food delivery practitioners.” Meituan CEO Wang Xing said in the performance analysis meeting. After the government issued the relevant guidance documents on the food delivery platform, the company established a special working group and reviewed the documents. The guiding opinions put forward are controlled and researched one by one, and self-examined and revised one by one.

　　However, Meituan’s financial report showed that in the second quarter, Meituan’s food delivery operating profit increased by 95.2% year-on-year to 2.4 billion yuan; and the operating profit margin improved from 8.6% to 10.6%. The profit margin of the food delivery business was increasing, leading Come a lot of attention.

Why are they all like this?

　　Observation is not difficult to find that, in addition to some fixed financial figures such as revenue and profit, many of the results posted by Internet companies are targeted.

For example, Tencent announced the recharge status of minor online games. Players under the age of 16 accounted for 2.6% of the game turnover in China, and players under the age of 12 accounted for 0.3% of the turnover.

Image source: Screenshot of Tencent's financial report

　　Not long ago, the phenomenon of minors indulging in online games was named by many media.

The National Press and Publication Administration recently issued a document requesting that game services should not be provided in any form to users who have not registered and logged in with their real names, and so on.

　　In addition, in 2020, the "hot" community group buying, basically no major Internet companies are willing to reflect it separately in this quarterly report.

In March 2021, the State Administration of Market Supervision imposed administrative penalties on five community groups for improper price behaviors, including Orange Heart Optimal, Duoduomai, Meituan Optimal, Shihui Group, and Shixianghui.

　　However, looking at multiple Internet giants, it seems that no one will give up this market.

At the Meituan telephone analysis meeting, Wang Xing said that although the recent changes in the regulatory environment have seen some fluctuations in Meituan's preferred business, we are still confident in the long-term development.

　　"Meituan Optimum is mainly to place orders in advance, similar to the community group buying model. In the next few quarters, we will continue to invest vigorously." Meituan Chief Financial Officer Chen Shaohui said.

　　In May 2021, Jingdong Group Chief Financial Officer Xu Ran said, “Jingxi Tiantian’s strategy, we believe that the social e-commerce model will definitely be our long-term move.”

　　In July, relevant state departments issued an announcement prohibiting the anti-monopoly review decision of the Douyu Huya merger. At that time, Tencent responded that the company will earnestly abide by the review decision, actively cooperate with regulatory requirements, operate in compliance with laws and regulations, and earnestly fulfill its social responsibilities.

　　Wang Xing also said in the conference call, “Meituan has been strictly implementing high standards of data security and privacy protection, and eliminating exclusive partnerships. We will respect the choices of users.” Jingdong Retail CEO Xu Lei was in Jingdong. According to the teleanalysis conference, "JD has completed self-examination and rectification, and national supervision has little impact on us."

Image source: Screenshot of Meituan Financial Report

　　According to the financial report of Meituan, in April 2021, the State Administration for Market Regulation conducted a related investigation on Meituan. As of the date of this report, the related investigation is still ongoing.

"The company cannot predict the situation or results of the relevant investigation at this stage, and may be required to change business practices or be fined."

　　What do you think of the latest financial reports of major Internet companies?

(over)