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Xunlei Q4 financial report: sharing computing into the main power blockchain to open up the future market

via:驱动之家     time:2020/3/12 19:07:20     readed:806

On the evening of March 12, Xunlei officially released the company's financial statements for Q4 2019 and the whole year without audit. According to the financial report, the total revenue of Xunlei group in 2019 is US $181 million, the revenue of other Internet value-added services including cloud computing is US $84.1 million, the revenue of member business is US $81.5 million, and the revenue of Internet advertising is US $15.6 million.

In 2019, Q4's total revenue was $48.3 million, an increase of 10.2% over the previous quarter. Revenue of other value-added services, including cloud computing, was $24.6 million, an increase of 18% month on month. Revenue of member businesses was $19.8 million, an increase of 2.9% month on month. Internet advertising revenue was $3.9 million, an increase of 3.9% month on month.

From the perspective of financial report data, cloud computing business has become the main revenue of Xunlei. The revenue of Internet value-added services, including cloud computing business, accounts for 51% of the total revenue, surpassing the member business and online advertising business. And the financial report clearly points out that the growth of total revenue benefits from the growth of cloud computing and other value-added services, while the continuous growth of the business in this section mainly comes from the expansion of resource capacity and service scope of cloud computing business.

Sharing calculation into main power

In the past few years, with the rapid development of cloud computing business, Xunlei has changed the situation of highly relying on member payment, and its revenue sources have become diversified. In fact, cloud computing business has become the main engine of Xunlei's revenue growth. Xunlei has also successfully transformed from a software service provider into a technology company with enterprise level and consumer level products.

In the cloud computing business, with the maturity of the shared computing ecology, Thunderbolt has built a content distribution network of more than 1.5 million home nodes. On this basis, its enterprise products

In addition, Xunlei continues to strengthen its investment in shared computing technology and scale. According to the financial report information, we have established a strategic cooperation relationship with China iron tower Co., Ltd. in this quarter. Based on the advantages of onething technology in the field of shared computing and blockchain technology, resources and services, as well as the advantages of iron tower Zhilian in the field of communication technology and facilities, we will carry out multi-faceted cooperation in the fields of edge computing, Internet of things, blockchain and so on to jointly help 5g edge computing Calculate construction. The latest news shows that at present, the two sides will take the lead in landing 10000 operator edge computing nodes in Shaanxi Province.

There is no doubt that cooperation with the operator model landing, will greatly promote the scale expansion of Thunderbolt shared computing, when Thunderbolt

Thunderbolt group CEO、 net heart technology CEO Chen Lei also said in the financial report:

Blockchain brings more imagination space

Public information shows that blockchain is likely to become the next major growth point of Xunlei. According to the financial report, Xunlei's blockchain business has made two major progress in Q4 2019. The first is to get another major overseas blockchain project order, and build a Thailand education qualification standard certification chain certificate for the academic union of Thailand. Another development is that Xunlei chain has launched mature product solutions to the market, covering six core areas, including finance, people's livelihood, justice, medical care, government affairs, industry, etc. This series of solutions is one of the blockchain solutions with the largest coverage and the strongest landing in China.

At present, Xunlei has released high-performance main chain Xunlei chain, which has global leading advantages in TPS, confirmation speed and other core performance. It has been revealed that the thunderbolt chain TPS reaches a million level, with block output speed reduced to one second. In addition, it has strong compatibility and expansibility, and can access multiple applications at the same time. Not only that, in order to adapt to traditional industries, especially small and medium-sized enterprises that do not have the ability to learn and develop the underlying technology of blockchain, and reduce the threshold of application and development of blockchain, Xunlei chain has launched a variety of peripheral auxiliary systems, including the update of blockchain virtual machine, the design of business process, the recruitment and training of technical personnel, as well as advice on blockchain transformation.

In addition, according to innojoy, an open platform, in the first half of 2019, Xunlei's onething technology has applied for 23 blockchain patents, second only to China Unicom, Ping'an technology and complex America, although the upsurge of blockchain at home and abroad is becoming calmer. According to media statistics, as of September 2019, Xunlei has applied for 115 patents in the field of blockchain, with the number of patents in the top 10 in the world, and most of them are concentrated in the core underlying technology field of blockchain.

From the perspective of financial statements, Xunlei has completed the strategic transformation to cloud computing and entered a new stage of development. The shared computing business system has been further broadened and deepened, and has a great extension in business scope and business scope. At the same time, the blockchain business has gradually become a new growth point and effectively promoted the development of shared computing. These two businesses will constitute the two driving forces for the development of Xunlei in the future, bringing faster acceleration to its development.

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