Does The US Group Comment Have No Rivals? Three Quarter Revenue Of 27 Billion 500 Million Yuan, Once Again Profit Competition To Business Information

In November 21st, the US group's comments continued to sing with a total revenue of 27 billion 500 million yuan and an increase of 44.1% over the same period last year. In the catering takeaway and store, hotel and tourism business, the US group maintained a strong growth, thereby driving the total transaction volume increased by 33.6% to 194 billion 600 million yuan over the same period. The company achieved a net profit of 1 billion 900 million yuan, of which the average number of transactions per transaction increased to 26.5.

"We have reaped a strong growth season. The rapid growth of revenue means that the US group has created more value for businesses and users. It also confirms that China is still the most growing consumer market in the world. We are confident in the long-term growth of the Chinese market," said CEO Wang, the US group. The US group has not only delivered a continuous profit report, but its market capitalization has also hit HK $500 billion in the near future, surpassing Jingdong and spelling more.

Behind all this is the three major business segments go hand in hand, the main business sector continues to be bright, and continue to strengthen investment in science and technology innovation, and support the upgrading of business information. On the other side, after starving, the new service strategy was released. The competition for local life in the future will be further deepened.

In an interview with the economic news reporters in twenty-first Century, a person in charge of overseas investment in a fund institution believes that the outlook of the US group review in the field of local life services has been favored. The main reason is that the basic services of many years of deep ploughing have been established, both in terms of technology and mode. "The cost of takeaway business in the future may be gradually reduced as technology improves."

With the continuous improvement of consumer oriented services, the US group is also paying close attention to the opportunities of digitalization on the supply side. - Gan Jun photo

Diversified income structure

Chinese consumers' demand for life services is increasingly strong, and the convenience function of food and takeaway is becoming more and more prominent. In the three quarter, the time and category of takeaway service showed a trend of higher frequency and diversity. Data from the US group showed that 40% of white-collar workers used takeaway service at night, and bred a unique white-collar "night economy". As a result, orders for the three quarter increased by 38.1% to 2 billion 500 million.

In the three quarter, the US group's stores and liquor business segments increased by 6 billion 200 million yuan, an increase of 39.3% over the same period last year, and the growth in transaction volume accelerated, from 29.4% yuan in the same period of 2018 to 29.4% yuan in the same period in 2019, and 63 billion 900 million yuan in the third quarter of 2019. Through a variety of marketing products, a series of promotional activities and continuous optimization of advertising algorithms, the US group further improves user traffic and promotes more transactions through cross selling. At the same time, thanks to further penetration in the sinking market and in-depth cooperation with high-end hotels, the number of overnight hotels in the three quarter exceeded 100 million for the first time, an increase of 44.4% over the same period last year.

In addition to the bright performance of the main business, the new business of the US group has also improved. Its revenue increased 65.4% from RMB 3 billion 500 million yuan in the same period in 2018 to 5 billion 700 million yuan in the three quarter of 2019, and the gross profit margin was 18.7%. Among them, the US group has launched a brand-new brand bicycle on the bicycle line, and the US group has also increased the density of its warehouse in the self operated city. The US group flash purchase has launched ten pilot projects in the traditional farmers' market in Wuhan.

Local life competition deepens

With the continuous improvement of consumer oriented services, the US group is also paying close attention to the opportunities of digitalization on the supply side. The B terminal provided by merchants can help traditional industries transform digitally by investing in restaurant management system and B2B food distribution.

In September 2019, the US charity launched the "US charity business plan" to promote the participation of life service businesses in public welfare. In addition, the United States mission also established the United States League college in October, with 9 major colleges, including catering, takeaway, American industry, marriage, parent-child, hotel management and other life service categories. In the next ten years, the United States League university will cooperate with 1000 institutions in China to promote the digital development of 100 million life service practitioners.

In the face of the threat of the US regiment, in November 19th, it also launched a new service strategy, which was designed to give every merchant independent central station. In a system, businesses can manage stores such as hungry, word of mouth, Alipay, Taobao APP and many other channels. At the same time, the realization of Ali eco accounts, marketing, trading, traffic flow. Ali local life operation system based on Ali cloud, Alipay and nail provide the underlying foundation, through the Ali big data system, precipitation local life industry user operation system, it is expected to complete the upgrading of local life service ecology.

"We hope to establish a new local life value orientation, some of which are invested in new services, because the current digitization of the catering industry is only 15%, and online accounts for less than 15% of the entire catering industry. The industry of local life has been in the industry for many years, but there are also some bottlenecks. Second, the takeaway growth rate has begun to slow down. Wang Lei, President of Alibaba group partner and Ali local life service company, told an economic reporter in twenty-first Century that the reason behind this is that the group buying and takeaway for many years are still a centralized market, and the service radius of local life is relatively small.

The two giants of the local life service industry have chosen the direction of technological innovation, such as information upgrading and upgrading, as the next stage of competition strategy. Technological innovation, while constantly optimizing the experience of consumer service, will also further deepen the competition of local life in the future. In the next step, Wang Xing pointed out that under the "Food+Platform" strategy, we will continue to invest in scientific and technological innovation, continuously improve efficiency, constantly promote the digitalization of the supply side of life service industry, grow together with businesses and partners, meet users' diverse consumption needs, and create greater value for the society. Around the mission of helping everyone to eat better and live better, we will continue to focus on relevant business opportunities and invest more in new businesses that are growing.