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Qunar.com decentralizes the authority of its headquarters and President Sun Hanhui leaves to invest

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iDark Horse 2015-09-08

September 7,Online travel platform Qunar.com announces organizational structure reorganization,Comprehensive promotion of flattening。Sun Hanhui, President of Qunar.com, will resign today due to personal reasons,Start a new venture capital business。And introduce external investors,Maintain the passion and motivation of the team。

September 7,Online travel platform Qunar.com announces organizational structure reorganization,Comprehensive promotion of flattening。Sun Hanhui, President of Qunar.com, will resign today due to personal reasons,Start a new venture capital business。Sun Hanhui will continue to serve as senior strategic advisor of Qunar.com,Help Qunar.com’s business development and strategic investment。

Among them,Qunar.com will form the technical department/payment center and other departments into the tourism SAAS platform business group,Wu Yongqiang will serve as CEO of the Tourism SAAS Platform Business Group、Group Executive Vice President,No longer serves as the company’s CTO。

The hotel division was upgraded to high-star hotel and overseas business group,Qunar.com will increase investment in high-star hotel business, which currently accounts for more than 30% of hotels。Peng Xiaomei will serve as CEO of Gaoxing Hotels and Overseas Business Group、Group Executive Vice President,No longer serves as COO of the company。

Previously,Qunar.com owns air tickets、Hotel、Wireless、Vacation、Tickets、Smart Accommodation、Seven major business divisions of destination services。End of 2014,Air tickets、The wireless business department was upgraded to a business group。After this reorganization,The company will shrink 188bet Online Sports Betting and Casino its headquarters,Change more headquarters functions into business groups,Let the headquarters functions also be opened to the market and industry。

After reorganization,Qunar.com’s major business groups will have greater authority。Past,Qunar.com’s business group has independent personnel functions,All investment functions now,Also open to them。"This way,In addition to business methods, each business group team,Increase the means of investment and mergers and acquisitions to develop your own business。" Qunar.com CEO Zhuang Chenchao pointed out。

Approved by the Board of Directors,Qunar.com will also selectively introduce some new businesses/divisions to external investors,Let the team have more entrepreneurial passion and motivation。

In the Internet Circle,Qunar.com’s entrepreneurial passion and incentive mechanism have almost reached the extreme。2015 Annual Meeting,Zhuang Chenchao once pointed out,“From a talent system perspective,We need to create an ecological environment,Provide working environment and incentives for every employee,Equivalent to obtaining PE from outside、Get investment from VC,In this way, we can promote the rapid development of the company。”And this time we introduced external investors,further promotes the diversity and vitality of the "ecosystem"。

In fact,Qunar.com in 2015,A mechanism for promoting outstanding internal employees four times a year has been implemented,Those who stand out can receive 30 months’ salary a year。

Accelerate the promotion of business leaders with outstanding performance,Also a feature of Qunar.com。Today,Qunar.com announced the promotion of Zhang Qiang, CEO of Destination Business Unit, to CEO of Destination Business Group、Group Executive Vice President。

Zhang Qiang joined Qunar.com less than two years ago,Has helped the company establish a strong ground team,Signed hundreds of thousands of hotels,Laid a ground promotion part-time network for nearly 10,000 people。No matter from the merchant side or the user side,They are all one of the main engines of Qunar.com’s hotel growth over the past year,His team is called the "Iron Army" internally。According to the latest financial report,Qunar.com’s hotel room nights increased by as much as 145% year-on-year。

The following is an internal email from Qunar CEO Zhuang Chenchao

Dear classmates:

I am here to tell you some important news.

President Sun Hanhui (Sam) resigned due to personal reasons,Start a new venture capital business。Sam will continue to serve as senior strategic advisor of Qunar.com,Help Qunar.com’s future business development and strategic investment。Sam joined Qunar.com in January 2010,In the five years of Qunar,Lead the complete financial and legal team established by Qunar.com,Completed many major events such as Baidu’s strategic investment and listing on NASDAQ。Sam also leads the company’s brand advertising sales,In his five years, this business has grown into one of the company's profit engines。He also founded the company’s prepaid card business,After his resignation, he will continue to lead the prepaid card business as a strategic consultant for a period of time。His rigor and seriousness,Direct and frank,Humor and wit have left a deep imprint on the formation of Qunar.com’s corporate culture。I wish him all the best in his future life and work!I also hope that Sam will continue to make suggestions for the development of Qunar.com!

At the end of 2012, Sam and the management designed and implemented 188bet app changes in the organizational structure,Established a business unit system to allow each team to have greater autonomy to face front-line competition in the market。This system has been developed over the past 3 years,Help Qunar.com’s quarterly revenue increase tenfold,Air ticket business scale increased six times。The hotel business has completed the three-step jump from pure search to platform to direct sales,Business scale increased more than ten times。The wireless business has increased its revenue from 0 to 70% of the company's revenue,Single quarter revenue reaches 600 million。These results are obtained by the students who work hard day and night。

We will continue to develop the business unit system in depth,Push all teams in the company to the front line of business to face the market as much as possible,Join the competition。The following are several measures。

1.Reduce headquarters,Change more headquarters functions into business groups,Let the headquarters functions also be opened to the market and industry。We have organized the technical department/payment center and other departments into the tourism SAAS platform business group,will provide open platforms and SAAS services to service providers in the tourism industry (including various online and offline service providers)。David Wu will serve as CEO of the Tourism SAAS Platform Business Group,Group Executive Vice President,No longer serves as the company’s CTO。We upgraded the hotel business department to a high-star hotel and overseas business business group,Increase investment in high-star hotel business, which currently accounts for more than 30% of our hotels,At the same time, vigorously expand the markets in Southeast Asia, Japan and South Korea。Peng Xiaomei (Denise) will serve as CEO of Gaoxing Hotels and Overseas Business Group,Group Executive Vice President,No longer serves as COO of the company。

2.Strengthen the authority of business groups。Our business group used to have an independent HR function,Now the investment function is also open 188bet sports betting app download to business groups。Let the business group team go beyond regular business methods,Increase the means of investment and mergers and acquisitions to develop your own business。(Investments and mergers still need to be approved by the headquarters IC in the end,Major investments and mergers need to be approved by the board of directors)。

3.Some new businesses/divisions introduce external investment。In order to expand the ecological circle construction,More introduction of external resources。Approved by the Board of Directors,We will selectively introduce some new businesses/divisions to external investors,Let the team have more entrepreneurial passion and motivation。

4.Accelerate the promotion of business leaders with outstanding performance。Zhang Qiang, CEO of Destination Business Unit,Joined the company less than two years ago,Help the company establish a strong ground team,Signed hundreds of thousands of hotels,Laying a part-time ground promotion network for nearly ten thousand people。No matter from the merchant side or the user side,They are all one of the main engines of our hotel growth over the past year。After discussion and unanimous approval by management,Zhang Qiang promoted to CEO of Destination Business Group,Group Executive Vice President。We hope in the future,Zhang Qiang and Destination Push Tiejun contribute greater surprises to Qunar.com。

Someone asked me,What is the core competitiveness of Qunar.com?I think,Our core competitiveness is learning ability,Market needs wireless capabilities,Let’s learn wireless capabilities,The market needs local promotion capabilities,Let’s learn the ability to push the ground。As long as we start learning,We will be the first。

Let us all work together,Cheer for the rapid development of Qunar.com,Creating the first miracle in the history of China’s Internet 188bet Online Sports Betting and Casino that reversed the ten-billion-dollar first-mover advantage。


This article comes from iDark Horse, and the copyright belongs to the original author.

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