Nearly 70% of U.S. mobile end turnover

Source: Internet
Author: User
Keywords American Regiment 70% Ali move
Tags .net alibaba company compared compared to last compared to last year group group network

Absrtact: Wang, CEO of the United States, said the group's net revenue this year is expected to grow twice times, the company will consider the U.S. listing in the future. Wang said in an interview that the United States Group net turnover this year will reach 40 billion yuan (about 6.42 billion U.S. dollars), compared to last year's increase

Wang, CEO of the United States, said the group's net revenue is expected to grow twice times this year, the company will consider the U.S. listing in the future.

Wang said in an interview that the United States Group net turnover this year will reach 40 billion yuan (about 6.42 billion U.S. dollars), compared with last year's growth of more than twice times. He said that the company's revenue this year will grow twice times, to 1.9 billion yuan (about 300 million U.S. dollars).

When it comes to the IPO plan, Wang said: "In the future, the company will be listed." If you ask me now, I prefer to go public in the United States. ”

The group currently has 90 million active mobile users, and mobile apps contribute about 70% of the transaction to the platform. Wang said the group had no financial pressure in the short term and that the company did not want to be bought. "We are more likely to have independent growth because we believe the market is big enough," he said. ”

Wang also revealed that Alibaba has a 10% to 15% stake in the United States network. Alibaba, China's largest e-commerce company, has submitted a prospectus to the SEC.

February 19 This year, Tencent shares in the United States, the main competitor of the general public comments 20% Equity, become the second largest shareholder. It is reported that Alibaba has been interested in increasing holdings of U.S. shares or even to achieve holding. At present, the United States Group network investors are still relatively dispersed.

The United States group March 2010 on the line, the same year to obtain the Sequoia capital of 12 million U.S. dollars, July 2011 from Alibaba and Sequoia Capital to obtain 50 million U.S. dollars investment.

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