Phoenix science and technology news Beijing time on August 11, 2022 Lei Jun annual speech, Xiaomi chairman Lei Jun on "through the trough of life sentiment" and "Xiaomi entrepreneurial thinking" launched a summary and analysis. Among them, Lei Jun also gave a response to the "acquisition of Tencent QQ", "by Alibaba to buy shares" and other events.

Mr Lei said there had been rumours that Mr Ma had tried to sell him QQ and that Mr Ma had approached him to invest in his start-up but had been turned down. In this regard, Lei Jun clarified that the two things are rumors, Ma Huateng, Ma has not contacted him. In addition, Lei revealed that the only company he really talked to about the acquisition was NetEase, which he offered 10 million yuan for, but Ding refused.

And after buying cannot, Lei Jun decides oneself to do alone. In May 2000, Lei Jun formally established excellent network, marking its entry into the bureau of e-commerce, do online books and video stores.