Litters Xu Maodong: The company realized profit December profit in advance millions

"Http://www.aliyun.com/zixun/aggregation/6149.html" >techweb reported December 26 News, Litters Group Chairman and CEO Xu Maodong announced today, as of this December 25, The entire company has realized the scale profit ahead of time, December 21106.html "> one month profit scale in millions of magnitude." Xu Maodong said, litters transformation to do Mall's argument is misunderstanding, the company is only from litters cut, the final mall business is the foothold and core.

Xu Maodong announced that as of December 25 this year, the entire company has been ahead of the million-level profit, from the store business revenue accounted for 70% of the total income. He said that according to third party data, the company's turnover in the domestic group buying site in the top three, net income "one", gross profit between 8%-10%, "Our actual turnover is far greater than third-party data."

In the second half of last year, the group buying industry entered the faded period, in order to get out of the predicament, this May litters Group formal Transformation Mall mode. But after half a year, Xu Maodong said, litters transformation to do mall's saying is "misunderstanding", the company is only from group buying cut, the final mall business is the foothold and core.

According to his statement, the company was first launched the "three carriage" concept, that is, litters Regiment, litters Mall, litters services through three business. 2011 company from the litters group into the market, the current litters group positioning for the litters mall a sub channel. Xu Maodong even litters as a home appliance business website, "Future group buying is the standard of the electric business."

According to the introduction, litters Mall business model: through the "Promotion + distribution" form, so that the life service business in the litters Mall to open stores, to help businesses immediately sell the remaining service capabilities, merchants can be in the litters platform for group buying, coupons, promotions and other activities. According to the disclosure, the current litters mall most of the merchants to enter the free, for the arrival of the merchant to collect monthly buffers revenue.

Xu Maodong revealed that up to now the litters mall has accumulated nearly 100,000 domestic service businesses open shop, there are 1000 of businesses continue to be settled every day.

In fact, the transformation to the mall has become a number of group buying site to choose the "survival" route, before, including handle nets, Poly-Mei excellent products, such as several group buy site has turned to the mall mode. It is undeniable that the litters group is gradually moving to the edge of group buying business, and repositioning.

Last May, the litters group entered the group buying industry and announced that it had been strategically invested by a number of investment institutions and officially launched its IPO program in the United States. January 11 This year, Thomson Reuters under the IFR reported that litters group planned to go to the U.S. IPO, raise funds 100 million to 200 million U.S. dollars, but the second half of last year began the group buying market plunged into a slump, the litters group's listing plan was finally shelved.

Talking again about the IPO process, Xu Maodong said the IPO was an important strategy for the company in the 2013, but not the most important one. Next year's focus is to open the supply chain, accelerate the mall and the construction of the business IT system, "the first quarter of next year to everyone a surprise." (Chuck)