May 9, 2014，188bet game Travel Network (hereinafter referred to as 188bet game) was successfully listed on Nasdaq，Opening price 9 USD。188bet game’s market value is not high among Chinese Internet companies，Even now，Only around US0 millionfloating。Of course，188bet game CEO Yu Dunde said，There was a time，Over billion。

But this does not prevent 188bet game from becoming the fourth Chinese online travel company listed in the United States，It is also the only company among these four companies whose main market is leisure travel。From listing to now，188bet game has established branches and offline service centers in multiple second- and third-tier cities。Financial report display，188bet game’s net revenue in the third quarter was 13.100 million yuan，85 year-on-year increase.6%。Yu Dunde just turned 33 years old。Compared with the young man who founded 188bet game 7 years ago，He is still shy today，But there is a lot more confidence—“The leisure travel market pattern has been determined”，188bet gameSaid without hesitation.

Forget that many companies are currently nervous or eager to try the online leisure travel market，In the development process of 188bet game，I used to feel that I was marginalized、Yu Dunde who doubts whether the development direction is correct，At least，I will no longer be easily influenced by other people’s opinions。

Listing Show

April 4, 2014 local time in the United States，188bet game Travel Network submitted IPO application to SEC (U.S. Securities and Exchange Commission)，Stock code is "TOUR"，Planned to raise funds 1.USD 200 million。Before this，188bet game has received four rounds of investment，Total financing exceeds US0 million。

In China’s online travel market，Listed Ctrip、Where to go、Elong，The main business focuses on air tickets and hotels，And for leisure travel，Everyone is still relatively unfamiliar，188bet game is the first Chinese leisure tourism company listed overseas。

"After submitting the application，We are beginning to face some doubts，" Yu Dunde said，“Because 188bet game’s model is a relatively new one，Different from previous air tickets and hotels。”

Yu Dunde began to explain to the outside world the development status of China's leisure tourism market、What is the difference between 188bet game and other companies、What are the advantages of 188bet game and other questions。“Everyone had misunderstandings about us before，This is normal，But as the listing process starts，We need to let everyone understand 188bet game more comprehensively。”

May 9，188bet game and his senior management team of twenty or thirty people got up early。He remembers，Nasdaq was being renovated at the time，There is a lot of scaffolding inside，There are many screens in the background，It’s all numbers jumping around，There are many TV stations doing programs there。

188bet game’s impression of that day was more of nervousness: “There were interviews from morning to afternoon that day，Basically never stopped，There is not much time to be happy。Afternoon、A little more relaxed at night

一点。”The company headquarters is also live broadcasting。The moment the bell strikes，Cheers erupted from all areas of Nanjing 188bet game Building at the same time。Beijing media connected to the US scene，The laughter of Yu Dunde and co-founder Yan Haifeng immediately came from the phone，With obvious irrepressible excitement。

"Excited?Maybe a little。”188bet game’s memories，“I just thought，Go and finish that day’s work as soon as possible。”

Entrepreneurship Road

188bet game is not Yu Dunde’s first venture。As early as college，Yu Dunde has built a website，Joined two relatively early start-up companies after graduation。August 2004，Google is listed on Nasdaq。Same year，Yu Dunde joined the blog network，Ren as technical director。This is also the first time he has truly entered an Internet company in a strict sense。

One and a half years of working at BlogNet，188bet game witnessed the process of a small company growing up，Although there is pain in the middle，But I also learned a lot。At that time，Competition between blog network and Sina Blog is fierce，final，Sina quickly won with its rich media resources，And the blog network is increasingly struggling。This allowed 188bet game to see the space for subdivided industries。In this process，His understanding of the Internet has gradually deepened，In his opinion，Structuring and reorganization will become the core of the Internet。

2006，Yu Dunde left from another startup company "Parenting Network"，With partner Yan Haifeng，Founded “188bet gamecom”。

In the beginning，188bet game is a tourism community，Organize content according to object structure，Based on attractions，Introduce with pictures and text，Collected about 40,000 to 50,000 attraction information。

At that time，There are similar websites like Youduoduo。In fact，What Douban wanted to do at the beginning was also a 188bet game website。

2007，188bet game, which received angel investment, faces a choice: continue to be a content community or switch to travel product booking?When making content, it may be difficult to see income for a long time。After analyzing leisure tourism、After travel agencies and other markets，188bet game decided to switch to travel product booking in 2007，And gradually established a call center and service center。

“Actually，Throughout the process，We have hesitated and struggled many times。" 188bet game said，"Be a hotel、When the fight for air tickets is fierce，We are on the edge，I will also think about whether my path is right。But we firmly believe that this market is huge，I also insisted on doing it。”

188bet game made this calculation: The domestic tourism industry was a one trillion market at the time，This number has now become two to three trillion，And in other countries，After per capita GDP exceeds 3,000 US dollars，The tourism industry will enter a very rapid development stage。

“We didn’t expect the company to become very big，I didn’t expect to change the world，I just felt that traveling was too troublesome at that time，Want to make it simpler。" 188bet game said。

Future Direction

“Openness” and “innovation” are Yu Dunde’s summary of 188bet game after its listing。

After listing，188bet game’s expansion has accelerated significantly，Only more than half a year，Has opened branches in many cities across the country，This is also an important move for 188bet game to penetrate into the second and third tier markets and implement services。In addition to continuing to deepen group tours，188bet game also launched special offers and 188bet game Finance。Yu Dunde said，In the future，188bet game may also launch more products that are not related to tourism。

188bet game has always promoted an open procurement strategy。“We think，A company cannot accomplish everything in this industry，Open through only、Cooperation，Only by taking advantage of each other、Do what you do best。" Yu Dunde explained。

“I think，Do something that no one is optimistic about now，There will be great gains in the future”，188bet game thinks，The current leisure travel market is a bit too hot，Entrepreneurship is also a bit overheated，This is not a good thing，“We saw opportunities in the leisure travel market 7 years ago，If entrepreneurs only see it now，I’m afraid it’s a bit late。”

Compared to the company’s market capitalization，Yu Dunde is more concerned about the value 188bet game can create for users。He thinks，Any number can be surpassed，Using any number as a goal will limit their ultimate goal。

"How many personnel are there，What is the market value，What is the transaction volume?，This is not our goal。" 188bet game became excited when he said this，He clenched his fists and raised them，Eye smiles into slits，say，“That’s not cool enough!”

“What’s cool enough?”“The cool thing is to optimize the user experience。"188bet game said"，The company will be listed next year、How many billion does the market value need to reach，This is like what traditional companies do。”

Statement: Zhihui 188bet game Network strictly abides by industry regulations，Each article is credited with the author and clear source；When reprinting original articles from Zhihui 188bet game Network, be sure to indicate the author and "from Zhihui 188bet game Network"。