Group buying industry past ups and downs now looks like sports in the qualifying race, has eliminated a large number of players, the real master contest has just begun. A few days ago, the public reviews founder and CEO Zhang in an interview, said, group buying pattern has become more and more clear, now look at the real competitive only left 2-3.
"At present, the public comment on the group purchase business every month to maintain double-digit growth, has entered a relatively stable state." Public comments mainly made more than 20 cities, in the one or two-line city has been the first place. "But Zhang that the time has not come to enter the three or four-line city. The maturity of the business environment takes time, and the low speed of life service platform in some areas is limited by local users and merchants as well as tools.
Public comment Network revealed that the current number of mobile client independent users will break 40 million, compared with last year's 10 million growth of three times times more. As of the second quarter of 2012, the public comment on the number of businesses reached 1.5 million.
Zhang said that 2010 would have wanted to go public, if the valuation can do 1 billion of dollars, would be very happy, because the public comment on the web is a Chinese yelp. But the final group purchase greatly changed the profit model of the network, the past two years did not choose to profit, mainly because the pursuit of profitability will sacrifice scale, thus affecting the public comments on the market share. Group buying pattern has been clear, is expected to achieve profitability within a year. ”
Last April, the public comment network announced the completion of the third round of more than 100 million U.S. dollars of financing. As early as 2007, Google as a B-round investor also to the public comment on the net investment 4 million U.S. dollars. "Before the third round of financing, I went to Google's Shanghai office to find someone to sign, only to discover that Google people have forgotten us." "For the external concern of the IPO problem, Zhang said that the company is not short of money, investors are not in a hurry to make the public comment on the listing so that the cash." "When it will go public, there are some signs to judge." What day do you find that we have done a good job, stable performance, not radical, no ups and downs at that time. "Zhang said.