Wang Hua mentioned the 3 wave demographic dividend of the Internet:
Beginning in 2010/2011, 300 million netizens from the traditional network to the mobile end, this wave of people are mainly young people in first- and second-tier cities, representing the commercial event is the rise of Xiaomi;
In 2013/2014, the mobile Internet population sank to the third- and fourth-tier cities, bought OPPO, vivo mobile phones, and the second rise of Weibo, but the population is still 3-4 billion;
But half of China’s people did not enter, and this is the third wave. People aged 30-40 and older people in first- and second-tier cities. They have 500/600 million people.