Which internet companies don't make money

Last year, Eric published the 2013 Chinese Internet Enterprise revenue data in the official micro. We can see that the following Internet companies are less than 20% of the gross profit, it is really not to make money.

Jing-dong, the first is the Beijing-east, although its total income of 69.34 billion yuan in 2013 China's Internet business revenue top100, although the income is much, but the gross margin of Beijing East only 9.9%, gross profit of only 6.86 billion yuan.

69.34 billion yuan revenue scale, than Tencent 9 billion, net profit is only Tencent 32.66 billion yuan a fraction. The gap is so great.

Millet Mobile

Millet mobile phone ranked in 2013 China's Internet Enterprise revenue top100 5th, Millet Mobile phone's gross margin is only 20%, gross profit of 6.32 billion yuan.

From the first release of Millet mobile phone today, less than three years, sales have reached 26.11 million units, sales reached 33 billion. Lei July 8, 2014 issued a statement, no matter how the future of millet, Millet founded and practice of millet mode, must be sustainable. But that requires them to come up with more sincerity. The so-called sincerity, sincere mind, is not to deceive people and not self-deception.

Xun Network

Xun network in 2013 China's Internet Enterprise revenue top100 6th, Xun net gross margin only 5-11%, gross profit of 6-13.100 million Yuan.

July 9, 2014, Xun Network abandoned platform strategy, vertical focus on home appliances 3 C.

Dangdang

Dangdang ranked in 2013 China's Internet business revenue top100 13th, Dangdang's gross profit margin of only 17.4%, gross margin of 1.1 billion yuan.

Dangdang, which was almost set up with bat at the same time, is now not worth a fraction of the other.

Youku potatoes

Youku potatoes ranked 24th in China's Internet Enterprise revenue top100 in 2013, with a gross profit margin of only 17.9% and a gross margin of 540 million yuan.

"The video usage habits of Chinese netizens have switched from a single PC view to multiple screens," said Koo, chairman and chief executive of Youku Potato Group. With video industry's leading brand awareness, massive video content and a cool cross screen product experience, Youku Potato Group leads China's multi-screen video service into an exciting new phase. ”

Amazon China

Amazon China ranked 7th in 2013 for China's Internet corporate revenue top100, with 17-25% gross profit of 18.6-2.73 billion yuan.

July 2, Amazon China announced the appointment of Doug Ger will take over Feng Sizhe to become the Amazon China's president, fully responsible for Amazon's online retail business in China, on September 1 formally assumed office. Amazon entered China in 2004 and quickly gained a leading position in China's electricity market through mergers and acquisitions excellence; In 2005, Wang Hanwa became CEO and resigned from the end of 2012, after which Feng Sizhe took over the job, and in less than two years Amazon China replaced 3 heads.