Traditional Culture Encyclopedia - Photography and portraiture - Details of Wang Yunming.

Details of Wang Yunming.

Wang Yunming seems to have entrepreneurial genes: he teamed up to collect junk in the third grade of primary school, sold roasted sweet potatoes and mutton kebabs in junior high school, led the whole class to work collectively to earn class fees in college,1set up the C2C trading website "5 1 transaction" in 99, and led his classmates to set up a collection network in the dormitory when he was studying for an MBA in May 2008, 20 10.

Wang Yunming said that it took him less than 12 hours from hearing about Groupon to building a group buying website, but he led Wo Wo Group to start group buying in indoor golf, board games, wedding dresses, drama, ceramics, tourism, hotels and other industries in less than a year, creating the highest single sales record since all group buying websites were launched, and no one has broken it so far. He has both the momentum of a young man and the stability of an adult. At the end of 20 10, Wowo Group received 100% strategic investment, which will be used to enhance the group buying experience of users and strengthen the construction of local business network, highlighting its advantages in the first echelon of group buying network.

It is understood that Wang Yunming has developed smoothly since it founded Wo Wo Group. But the longer he did it, the more he felt that the group buying industry was not as simple as "a few people can start a business" in the eyes of outsiders. If a group buying company wants to develop greatly, it must have a lot of capital support and a management team with real commander-in-chief ability. Otherwise, it will soon be overwhelmed by the flood of competition. Wang Yunming said: "Brothers and all employees who follow the business like this will suffer losses." . "So it is much better to give up the position actively and let the capable people lead the team to continue to develop and gain a bigger market than to die or barely maintain the website."

It was this idea that made Wang Yunming accept the company's capital injection. At the same time, Xu Maodong, the CEO of Focus Media, who has more than ten years of experience in supermarket management and was a legend in the Internet industry, became the chairman and CEO of the company. More than a year has passed, Wowo Group has changed from a team of dozens of people in Wang Yuming to a small company that worries about getting low-priced discounts every day. Now it has developed into a giant group buying enterprise with more than 5,000 employees and branches in nearly 200 cities across the country.

Wang Yunming said in Weibo: "Xu Maodong's vision, ability, resources and height are dozens of times higher than mine. Only when he leads Wo Wo Group can brothers have a bright future! " .