CEO Fan Feng: Electric business development will not have the ultimate model

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May 7 News, since the listing last year, group buying giant Groupon's market value has shrunk by half, the industry believes that the mode of group buying has been exhausted after the fresh, but O2O has become a new trend of electricity, so that users and businesses win the ultimate model of what is it? Fan Feng, CEO of this speed network, said that the development of electric business model is unlimited, There will be no ultimate pattern.

Groupon, the group-buying giant, has shrunk by half since its IPO last November, according to news reports. Industry insiders point out that the financial statements of the past year have highlighted the accounting challenges facing relatively untested business models, while Groupon's market capitalisation has shrunk largely because of concerns about the company's ability to convert growth to profit and correct accounting problems.

This is a concern for most Groupon-style group buying sites in the country. So far, there is no one type of electric business model can be like buying a night to become famous, and in the short scenery after the annihilated hosts. On this phenomenon, Fan Feng that, after the frenzy of group buying is calm, adjustment is necessary. "As we have discussed the trend of development: The last few major group buying chamber after the establishment of the leading edge, from the pursuit of expansion to the pursuit of profit adjustment, group purchase become a long-term existence of a business, and with other forms of continuous innovation and exploration, so that the mode of the electric business is constantly rich and perfect ”

For the adverse news of Groupon's listing, many in the industry say that the group buying model has initially realized E-commerce in the service industry, but it is clearly not the ultimate model, which is enough to prove that the group buying mode is now exhausted after fresh. Some analysts have questioned: it is difficult for users or businesses to have sticky, low-cost double-edged sword is now more cool. But there is no doubt that O2O has become the new trend of the electricity business, what is the ultimate model for users and merchants to win-wins? Fan Feng His opinion on this, he thought that the development of the electric business is unlimited, there will be no ultimate mode to appear.