Tag: China

Lessons On Leading with Heart: Jane Sun, Trip.com

One of the most representative faces in China’s technology industry, Jane Sun is the only female CEO in the online travel industry and among a growing number of female CEOs dominating China’s startup scene.

When Jane first joined Trip.com (formerly Ctrip) as CFO in 2005, the young company had a market capitalization of $500 million. Today, Trip.com is the largest online travel agency (OTA) in China, and one of the largest travel service providers worldwide. The company is listed on NASDAQ with a total valuation of $17.3 billion (as of 8 June 2020).

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Meituan Dianping’s Path Towards Profitability

This article first appeared here.

China’s Super App Meituan Dianping just turned profitable. A year after its IPO, the 9-year-old company finally arrived at the inflection point investors have pined for.

Similar to Amazon’s profitless path to domination, Meituan Dianping had been aggressively focusing on expansion over profitability since its founding. It merged with Dianping in 2015 and acquired the bike-sharing app Mobike in 2018.

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A Glimpse of Future Retail in the Corner Stores

This article first appeared here.

Shopping, as we busy city dwellers know it, has never been easier. Whether it is Amazon’s “1-Click” buy button or Alibaba’s 30-minute delivery, it is no longer something that needs planning.

The shift of our collective shopping behavior has fueled double-digit eCommerce growth worldwide, going against the stagnating department stores and big-box retailers.

Rapid urbanization and the fast adoption of smartphones in emerging markets would make us believe that the next billion internet users already shop in similar ways or are going to. A close look at the data, however, will tell us something different.

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How Pinduoduo Works

This article first appeared here.

Pinduoduo is China’s most valuable private e-commerce company that just filed for a US IPO, less than 3 years after it was founded. With over 300 million active buyers, it has risen to become one of China’s top 3 shopping apps. In this deck, we explain how Pinduoduo works and what led to its rapid growth.

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Lessons from Airbnb’s China Expansion: Nathan Blecharczyk

A self-made billionaire, Nathan Blecharczyk made his first foray into entrepreneurship during high school, when he launched a business and sold to over 20 countries. Years later, the Harvard computer science graduate became Airbnb’s first engineer, establishing the tech company’s engineering, data science and marketing teams. This ultimately saw him playing a crucial role in leading the brand’s global expansion.

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An Hour With: Alibaba’s Ex-President and COO Savio Kwan

Savio Kwan is known to most as the former President and COO of Alibaba, steering the company through tumultuous times like the 2003 SARS pandemic and setting its course for future growth. There’s a certain sense of deja-vu as COVID-19 wreaks havoc on the global economy, 17 years after SARS put Alibaba in dire straits.

This is part of our webinar series intended to help leaders navigate this global crisis.

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