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Author of this article: Wang Xing 2016-07-15
Recently,Xinmeida CEO Wang Xing proposed in an internal speech,China Macroeconomics、China’s Internet and New American University have entered the “second half”。He thinks,Play the "second half" well,Enterprises need to have complete capabilities to go deep into the industry。Wang Xing said,New challenges are also new opportunities,Xinmeida relies on its accumulation in various sub-sectors of the service industry,Confidence to obtain this ability earlier。
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Recently,Xinmeida CEO Wang Xing revealed in an internal speech,In the past June,The daily order peak of Xinmei Daquan platform has exceeded 11.5 million orders。At the same time,He proposed that China’s Internet and New American University have entered the “second half”。188bet sports betting app download

The following is an excerpt from the speech:

Just now we took a look at the general situation of each business in the past six months.

Today,What point in time are we at?,You can talk about a lot,For example, what opportunities do we have,What kind of challenge,But,If only one concept is used、One sentence,I want to say,The "second half" has just begun。

Today is July 2nd,The first half of the year has just passed,The second half of the year has just begun。In the first half of the year, we spent part of our energy on team integration,There is still a lot of work to be done in the second half of the year,The work in the second half of the year has just begun。But what I’m talking 188bet sports betting app download about here is the “second half”,It’s not just about starting in the second half of 2016,I think,From the perspective of our company’s development history,The "second half" has just begun。

We have "fighted" for many years in the past。Dianping was established in 2003,Meituan was established in 2010,100-regiment battle later、Thousand Regiment Battle,Go to thousands of families and become five families,Three families become two、Three families become two,After the merger of Meituan and Dianping in October last year,Like two big rivers coming together。It took us three quarters to basically complete the team integration。Team integration is important,It’s not easy either,But the company must always create value externally,So many colleagues worked together in the past,We have a good foundation,We have completed this fusion,Gained higher market share,After that,We must continue to prove our worth,We must really create value externally,And realize our own value by creating value。This is the beginning of the "second half"。

From a broader perspective,The Internet in China has just entered the "second half"。Previous development of China’s Internet,To a large extent, it depends on the demographic dividend,Whether it is the rapid increase in early PC Internet users,This is still the surge in mobile Internet users in the past few years,The way we develop may be a little rough、It doesn’t matter if the cost is higher,Because users are growing rapidly,Hundreds of millions of smartphones sold every year,Everyone’s business is rising with the tide。But you can see it now,This era has passed,The annual sales volume of smartphones has stopped growing,The growth of overall Internet users 188bet Online Sports Betting and Casino has also slowed down significantly。There are two ways at this time: either open up overseas markets,There may be more users,But internationalization is not easy;Otherwise you have to work hard,Serve the original users better,Create more value through each user。

For the development of the entire Internet in China,Need a change in growth model,Everyone was a little more rough before,As the number of Internet users increases, the tide rises and lifts all boats,This bonus is basically over now,The next thing to test is everyone’s true skill,Can you serve him better with so many people,Create more value?May require a different growth model,Requires different organizational capabilities,In many aspects, different business models are also needed。

Everyone says “Internet +” now,corresponding,The early Internet did not do “+” things,Everything we do is purely online。Discover slowly,Just doing purely online things is no longer enough,Start going offline,We did O2O,But from the beginning to now,We only made a very thin layer,Mainly driving traffic online,That is, helping merchants with marketing,Be the last segment of the entire industry chain。

Look behind,What "Internet +" wants to do is to interconnect various industries from upstream to downstream,Don’t just stay at the end to do marketing、The short period of trading,But really able to use the Internet、Use IT to comprehensively improve the efficiency of the entire industry。I said before "Talk less about subversion,Talk more about innovation”,I think it’s pointless to talk about “subversion” all day long,“Internet+” fundamentally relies on innovation to serve all walks of life,Rely on the Internet、Rely on IT technology to improve experience in all aspects of all walks of life、Improve efficiency、Reduce costs。

If this is your goal,The capabilities required by “Internet+” are different from before,For us,This is a challenge,Also an opportunity。Reviewing our previous development,Basically still "first half mode",Just grab users、Visit merchants,Then do the thinner layer of "marketing transactions"。Now it’s time to enter the “second half”,Need new capabilities,We didn’t have much accumulation before,It can only be said that there is some exploration,For example, seat selection for a movie,The hotel changes from group purchase model to reservation model,Daizong has also made continuous in-depth attempts in different segments,Catering has also made some attempts in delivery。But overall,This kind of accumulation is limited。At present, we do not have complete ability to penetrate into the industry,Of course this is a huge challenge for us,Meanwhile,We also want to see,This is also an opportunity for us,Because most Internet companies currently do not have this capability,Especially some Internet giants,They don’t have the ability in this area either,Even some giants due to historical reasons,It is more difficult to have such ability,This is a good thing for us。If others have the ability needed for development,You don’t have it,You are in a naturally disadvantageous situation;If this ability,There are no competitors in the same industry,Don’t worry too much。I believe in our team’s passion for learning、Learning ability,At the same timeWe have accumulated some experience in various sub-sectors of the service industry,If we can learn from each other,Push together,We have the opportunity to have this capability relatively quickly,Or earlier than others、Better access to this ability。This is a good starting point,is our starting point as China’s Internet enters the “second half”。

In the grandest sense,The entire Chinese economy has also entered the "second half"。It has been almost two years since the party and the government talked about the "new normal",From the end of last year to now,Also repeatedly talks about "supply-side structural reform",If you look carefully at the discussion behind these formulations,You can see that these discussions are not the “brain pats” and “whims” of the central leadership,But China’s economy has developed to this stage,It is indeed necessary to change the growth model,The extensive and rapid growth of the past is gone forever,We can no longer simply pursue GDP figures,China’s economy has also entered the “second half” state。

Then return to ourselves,We want to deeply integrate with all walks of life through the Internet,Building new capabilities,The situations we face are similar,Before basically relying on "user bonus",Relying on extensive growth,There is not much “user bonus” left now,We need to truly innovate、Really serve users well through intensive work,To explore user value。

The current time is July 2nd,The first half of the year has just ended,The second half of the year has just begun,We still have many, many things to do。I hope everyone can look at it from the perspective that the "second half" has just begun,To think about our next phase of work。

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