Shang, chairman of Jiuxian Network, revealed that there has been substantial negotiations with a number of VCs

Abstract: From the coal capital of Alcohol e-commerce Web site Jiuxian network from huge losses to financing, has been a concern. A few days ago Jiuxian NET chairman Shang revealed that has been with a number of VCs began substantive negotiations, will introduce a second round of 50 million U.S. dollars in financing. However, Hao

Originated from the coal capital of Alcohol e-commerce Web site Jiuxian network from huge losses to financing, has been a concern. A few days ago Jiuxian NET chairman Shang revealed that has been with a number of VCs began substantive negotiations, will introduce a second round of 50 million U.S. dollars in financing. However, Shang is conservative in the investor's background, only to say that the current financing is made up of several VCs, and that the results of the negotiations will not be finalized until October this year.

VIP customers in the city within 30 minutes of delivery?

Although Shang said the Jiuxian net is now a year between 50 million-80 million, but the Jiuxian network does not seem to lack of money. This April, Jiuxian Network completed the first round of 20 million U.S. dollars of financing, Shang said the money is mainly used in Jiuxian network warehousing and logistics construction.

"At present, the biggest confusion in the wine business is logistics," Shang said, the current Jiuxian network through the cooperation with Third-party logistics company for product distribution, but due to alcohol products easily damaged, now from Beijing to other cities generally need about 3 days. In order to enhance the user experience, Jiuxian network will set up a warehouse in second-tier cities, it is expected to start to establish its own partial v IP logistics in the latter half of next year, providing fast delivery service for specific user groups.

Shang said, Jiuxian Network has begun to build Guangzhou, Chengdu, Shanghai and other positions. And this warehouse plan, will be based on the size of the city, such as Beijing 10 warehouses, Zhengzhou 3-5 warehouses, Taiyuan and Hohhot to establish two separate warehouses. The goal of large-scale establishment of the warehouse is to hope to be able to use a year, to achieve in the domestic 20 major cities to do Jiuxian network VIP specific user group ordering wine "30 minutes-1 hours express delivery." "Our assumption is that the customer sits down at the restaurant and orders the wine before ordering, and the dish comes in half an hour, and the wine is Jiuxian." "Shang said.

500 million yuan sales to be completed this year

Two years ago, when the Jiuxian network, Big derby market price low 20%-30% of the signboard, today, Shang said 80% of the product can do this price standard. For example, 53 degrees Maotai, the reporter learned that the current Jiuxian net price in 1399 yuan, Guangzhou some wine stores retail prices have gone to 1600 yuan, some supermarkets have more than 1800 yuan price.

Jiuxian Network's core advantage is that it is 2000-3000 famous brands of an agent, agent brand covers Maotai, Wuliangye and alcoholics, etc., is expected to the end of the total liquor will be over million. Based on the above channel advantages, Jiuxian net product prices can be lower than the offline entity shop 20%-30%, some of the goods even up to 50%, and compare Jingdong Mall and other business also has a clear price advantage. "This advantage comes from the traditional experience of ten years, we can buy goods through the liquor factory." ”

Shang said that the domestic liquor retail market in Chi, liquor-type consumer market in the tens of billions of dollars in scale, the development of space is still very large. At present, the company's monthly turnover of about 30 million, is expected to the end of this year, one-month turnover can reach 100 million yuan. This year, the company is expected to complete 500 million yuan sales, next year to reach 2 billion yuan, and the next three years will reach 10 billion yuan, the company has not been profitable, is expected to achieve profit within three years. By then, Jiuxian Network will also choose to land in the capital market overseas.