Litters Group announces profit scale at million-dollar level

December 26 News, the litters group announced today, the company was in December to achieve "scale of profitability", profit scale of about millions of. This also means that the litters group to the integrated http://www.aliyun.com/zixun/aggregation/36927.html "> Mall Mode Transformation strategy began to appear in the financial effect."

Today, the litters group announced that the entire company had achieved overall profitability in December. According to Litters Mall chairman and CEO Xu Maodong revealed that December profit scale of about millions of. Previously, the full network and the group Treasure Network have been announced to achieve profitability. The group's top executives have said that the group is expected to achieve profits in the four quarter, but there is no relevant news release.

This May, group purchase website Litters Group announced the transformation into a group buying and merchants distribution of the integrated category Mall model, and the group buy into the mall. Mall mode is similar to the business, merchants enter the platform to open stores, pay a certain entry fee or commission. and the main promotion of the group purchase mode, the mall pattern of higher gross profit margin. 2012, including handle nets, Poly-Mei excellent products have transformed the mall model. In the overall revenue of litters mall, the income from the store has accounted for 70% of the total income.

According to official figures, the litters mall is currently in the business of more than 100,000. According to Xu Maodong revealed that the current litters mall stationed in most of the store free entry fee, merchant turnover and litters Mall of the proportion between 8%-10%.

Xu Maodong said, litters at the beginning of the establishment of the "Buy + Mall + Service" idea, the mall's research and development since last year has begun. From the framework, litters group belongs to the litters Mall of a channel, but also litters mall into the life of service industry breakthrough, so that litters Group transformation Mall belongs to "misreading." Xu Maodong believes that group buying will become the standard of the electric business in the future.

In order to introduce traffic, litters Mall in early December decided to work with the Alibaba Group's cluster of cost-effective business groups, access to Taobao group buy platform for cost-effective, and in Taobao life to open a shop. Together with the Litters mall access to the cost of a full network.

Since last year, because of fierce competition, domestic group buying in the profit difficulty at the same time encounter financing difficulties. 2012, the lack of funds to profit hopeless group buying sites have closed down. China e-Commerce Research Center, "2012 (on) China Network Group buy market Data Monitoring Report," shows that the number of Chinese group purchase site as of June has accumulated 2,859 closed.

However, the domestic group buying industry market size is still in the growth trend. Group Purchase Data Statistics site Group 800 of the data show that 2012 years ago 11 months, group purchase industry monthly turnover of 1.75 billion, the year-on-year growth of 90%, 2012 annual total turnover of the industry is expected to exceed 21 billion.