Delayed Listing In The US, &Nbsp, Business Website Or White Sacrifice

In July 2010, it was formally launched. In less than a year later, it won the A round investment of Lei Jun, the Internet Celebrities, and Morningside B and Steamboat B Steamboat financing.

As for the development of B2C e-commerce website, as the "emerging industry" in the Internet field, the main item of luxury goods sales is the most important step - financing.

And if today's widely circulated "electricity business is going through the financing of winter" information is true, maybe Shang pin is just lucky enough to catch up with the good situation before the winter comes.

But things are always unexpected.

Although it is hard for the media to confirm the "financing winter" that electricity providers are experiencing, it is difficult to use data to confirm that the C round financing of Shang pin network is not quite commensurate with this "winter".

This is the only solid news that is enough for industry, capital, public opinion and even two level market investors to associate with "blockage of capital withdrawal channels" that will trigger the "financing winter" of electricity business.

This "foresight judgment" has been recognized by most of the interviewees in the process of journalists' investigation. Zhang Tiantian, director of the Shang pin network operation, told the Securities Daily reporter that, "over time, electricity business will experience a round of shuffle, and a group of follower capital and website will become a victim."

However, as a venture capital institution, Beijing

Profit model innovation is not enough to become stubborn disease.

If the "financing winter" of electricity business really exists or is approaching, then what kind of change has taken place in the frenzied capital strategy? Is it due to the blockage of capital withdrawal channels or from the increasingly fierce competition of electricity business or the lack of innovative profit models?

A survey report of AI consulting has been relatively popular.

In response to this, Ai Rui report analysis said, "in the two quarter of 2011, holidays such as Qingming and may day are increasing, and seasonal demand for commodities such as household appliances and clothing is increasing. E-commerce enterprises are stepping up sales promotion efforts and broadening marketing methods. For example, in April, Mcglaughlin and Taobao mall celebrated luxury car prizes, Jingdong mall, Taobao mall and Dangdang" promoted large-scale sales activities, such as shopping anniversary and Zhongqing activities, and promoted the development of e-commerce industry in the two quarter of 2011.

"We should say that in the market, we do not feel" cold ".

Formally launched (July 2010) to date, in a short span of a year, the size of our customers has surged from ten thousand to two million today.

Moreover, I believe that Shang Ping net will achieve a turnover of 300 million yuan in 2011.

Shang pin net operation director Zhang Tiantian told the Securities Daily reporter.

You know, the growth rate of e-commerce industry is amazing. Even in such an emerging industry of e-commerce, luxury business has been expanding rapidly in the past year.

"Nowadays, there are dozens of large and small luxury electric business in China. There are more famous products, such as Shangpin, excellent public network, Jiapin net, and even Jingdong mall, Taobao and so on.

Zhang Tiantian added to reporters.

In fact, the foreseeable future of electricity business is bright and risky. The industry's own opinion is only whether the process is "industry shuffle" caused by competition or "industry risk caused by bubble burst".

A business insider who asked not to be named admitted to the Securities Daily reporter: "it should be said that no electricity supplier in China can really make profits, which includes many well-known websites.

The vast majority of electricity providers are relying on or looking forward to relying on the "financing - listing - refinancing" mode of survival and development.

This is clearly a bubble, but we don't know whether the bubble will burst as it did ten years ago, and whether we can achieve capital accumulation before the bubble burst.

Electric business is the most important thing.

The conjecture of "blockage of capital withdrawal channels" triggered by frequent hunting of Chinese concept stocks seems to have become a reality. Recently, a series of bad news including "thunder market listing seventy percent off" has flooded the media.

In contrast with the successful listing of the ten companies in the US in the first half of this year, none of the companies listed in the US in July.

The electric business insider, who does not want to be named, said: "the reason why the US capital market moves all the way to China, especially to China's electricity business, stems from the fact that the US capital has long favored the Chinese electricity supplier, which is what we see as" the phenomenon that China's electricity providers get more capital from overseas capital. "

But with the frequent cases of overseas capital investment, there are more and more followers.

Zhang Tiantian, director of operations at Shang pin network, said: "more and more follower ventures and follow up capital are all important factors that cause electricity business competition to intensify.

And seemingly simple electric business, if not relying on strong Internet resources, professional technical team, mature e-commerce operation experience, it is hard to grow and expand.

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It is reported that Shangpin network today is benefited from many years of bank credit card mall luxury exclusive supply channel resources and industry operation experience, as well as the global more than 200 international luxury brand official cooperation background.

"Aside from the external factors of" frequent hunting of Chinese concept stocks ", it should be said that the problem of electric business itself is also one of the reasons for" blockage of capital withdrawal channels ".

The development of Internet in the US is more mature than that in China. They foresee that the Chinese electricity supplier in the primary stage will have great potential for development in the future.

But at the same time, more and more profit driven capital, especially those who follow suit, short-term profit driven capital and entrepreneurs who do not have the successful conditions, have also made them foresee the risks, so they are cautious or even refusing to China's electricity providers and the entire China Internet industry newspaper.

Zhang Tiantian briefed reporters.

From the point of view of the electricity business itself, the views of the investment sector and the industry seem to coincide.

Lian Fu, an investment manager of Beijing Fuyu Investment Limited, told the Securities Daily reporter that "the profitability of the electricity supplier is the most important concern of the capital, which is not fundamentally related to the listing or not, because even if the electricity supplier is successfully listed, if there is no profit to support the performance, the capital that is unable to cash in the time limit will also be exposed to great risks."

In the initial stage of the development of electric power, the constant operation mode is a magic weapon to reduce investment risks and maintain the interest of capital providers.

It appears that in the short term, the "blockage of capital withdrawal channels" triggered by frequent hunting of Chinese stocks will surely trigger a revolution in China's electricity business.

As Zhang Tiantian said, "a group of follower capital and website will become a victim."

Even if China's concept stocks have not been hunted, this change will come, sooner or later.

At the same time, this is also inevitable in the process of development and expansion of any industry.