Jerry Yang is back. The first investment was given to a travel website

China's online tourism market into a rapid development phase is not false, but Jerry Yang and the site what is the opportunity? What kind of website is this? To the far hidden, Yahoo. When the Chinese Yahoo no longer provides information and community services, that wisp of purple dream has gradually faded out of the people's vision. But we can never forget this person, the founder of the Century network of Yahoo the first person-away from the spotlight long time Yang Zhiyuan. Purple dream away, fortunately, Jerry Yang came back, he did not give up the Chinese market, in another way quietly open color dream. He learned that he had made his first investment in the Chinese market, casting a low-key travel website, the World State Travel network. Why do you value online travel? The current domestic online tourism market growth rate of more than 60% per cent, with the increase in the income of the middle class, the level of travel consumption needs to upgrade, the new line in Europe and the United States and the long-term outbound travel of the proportion of the annual climb, so the market for users will be presented further segmentation, precision China's online tourism market into a rapid development phase is not false, but Jerry Yang and the site what chance? What kind of website is this? I understand that the World State Travel network only for foreign self-help tour of this narrow area, do not take the route of the tourism community, based on the DGC model-"talent generation content" ( Note: People who have settled overseas Chinese or have lived abroad for a long time in recent years, combined with Internet technology, form a complete set of solutions. Mention of the online tourism market of several major factions, the first is to carry Ctrip led by the traditional large OTA. Ctrip Travel Network as the first batch of online tourism portal faction, rich product supply and strong offline resource integration capacity is its biggest advantage. In addition, we have to mention the UGC tourism community, such as the MA Honeycomb and the main foreign travel of the poor travel network. UGC is the "user-generated content" of the independent interactive mode, relying on the forum community to accumulate user sentiment, travel notes, Raiders and other original content is its biggest bright spot. Of course, the overall market pattern is far from being formed. As soon as the news of the New Tourism Act was announced, a strong tsunami was set in the tourism industry. Because the compulsory shopping, the privately-financed project is forbidden, the large number outbound tour tour fares along with it greatly rises, the traditional travel agency has been subjected to the serious impact; At the same time, this benefit also stimulated those who take the strategy to share as the core, provides the booking hotel, the ticket, the ticket and so on self-service tour one-stop service on-line traveling website. China's online travel will grow three times times faster than the overall tourism market in the next two years, according to PhoCusWright, a Global Tourism Authority Research Institute. Is in the high-speed growth period of domestic online tourism, there is no monopoly on one side of the Giants, the multifaceted pattern will make the next market competition more. Can Jerry Yang recreate the new "Yahoo legend"?