Tourism site and app is the darling of investors as it targets Millennials and their love of new experiences. To make it big OFF White Air Force 1 Laag The Ten Wit Kopen , you need big dreams. When it comes to vision, Chen Gang plans to turn his company Mafengwo into the "Alibaba of the tourism industry".
Rarely, do you get anything bigger here than the online behemoth, but then Chen is not just a dreamer.
The co-founder and chief executive officer of Mafengwo has decided to add a glitzy app platform to his major website to cash in on the booming travel industry of Millennials.
"The Chinese tourism market is so huge that it is estimated to hit 1 trillion yuan ($146.2 billion) in the foreseeable future," Chen said. "Just like Alibaba (Group Holding Ltd) Air Force 1 Premium Kopen , we are now offering an e-commerce platform for potential tourists."
Since it started commercial operations in2010, the Beijing-based company's online website of travel guides, advice and booking options has proved to be a runaway success.
Today, Mafengwo has launched an app to go with its website business and now has more than 100 million users. They go through the latest travel information, glance at Q&As and reviews Air Force 1 Mid Kopen , as well as book hotels, travel destinations and local tours.
"Chinese tourists now have better jobs and know how to share information, especially those born in the 1980s and the 1990s (Millennials)," Chen said.
"Driven by life quality decisions,more people will choose independent travel instead of traditional package tours Air Force 1 Hoog Kopen ," he added.
This is where the app comes in. According to online data company Analysys Qianfan, Mafengwo's app had more than 3 million active monthly users in April, a jump of 18 percent compared to March.
With figures like that,Chen's company was able to generate 4 billion yuan in gross merchandising value last year.
The vast majority of it came from independent travel products, advertising and commission collected from hotels as well as local agencies. But he declined to give detailed financial figures for the privately-owned company.
"I expect gross merchandise value on our platform will grow by 200 percent this year compared to 2016 Air Force 1 Flyknit Heren Kopen ," he said. "We have grown up in the new era of data and that means it will be a strategically key resource."
Investors have bought into Chen's dream. So far, they have poured over $100 million into it, including tens of millions of dollars in the latest C round of funding in 2015. A great deal of that investment will go into "artificial intelligence technologies" to help expand the app and website operations, as the company continues to upgrade its services for users and customers.
In a constantly changing business environment, the travel sector is going through a dramatic new stage.
Last year Air Force 1 Flyknit Dames Kopen , Chinese tourists made more than 4 billion inbound trips and 122 million outbound journeys, according to a report released by China Tourism Academy and online giant Ctrip International Ltd.
The report also showed that 60 percent of outbound trips in 2016 were down to independent travelers and not groups.
Millennials have played a key role in the change as they love different and often offbeat destinations. They also tend to share their experiences online.
For social travel platforms, such as Mafengwo, that has proved to be a golden business opportunity.
"Our platform will generate a huge amount of travel information coming from millions of tourists globally every day," Chen said. "This will include pictures Air Force 1 Flyknit Kopen , travel guides, Q&As and views.
"But using big data and AI technologies, we will help transform that into gripping travel information," he added.
The company already operates a data center to process information from registered users. Now, it will be shifted to produce personalized travel products and services.
Jiang Xinwei Air Force 1 Zwart Kopen , senior analyst fr generation and the purchase
In order to tap into this trend Air Force 1 Wit Kopen , online travel titans, such as Expedia-like Ctrip and Tuniu Corp, are building online "communities" to boost more user-generated content online.
"Contentof travel products will help during the course of the platform's development," Chen said."With the improved technologies and changing travel habits, companies need to provide more personalized products and better user experiences."
SEOUL， Jan. 10 (Xinhua) -- Auto exports in South Korea posted a double-digit decline last year amid soft demand for cars globally， labor strikes at key domestic carmakers and expanded production in overseas factories， a government report showed on Tuesday.
South Korean automakers exported 2.623 million cars in 2016， down 11.8 percent from a year earlier， according to the Ministry of Trade， Industry and Energy. In terms of value， the exports retreated 11.3 percent to 40.6 billion U.S. dollars.
Labor strikes among key local automakers， including top carmaker Hyundai Motor， disrupted production， leading to the export fall. The increased production in overseas factories helped reduce exports by car manufacturers.
Global demand for cars weakened last year amid the economic slowdown across the world. Demand from Africa and the Middle East for South Korean cars tumbled 36.5 percent and 28.4 percent respectively amid low crude oil prices that hit the oil-exporting countries in the regions.
Amid the export reduction， auto production in South Korea stood at 4.229 million units in 2016， down 7.2 percent from a year ago.
Car sales in the domestic market inched down 0.4 percent to 1.825 million units last year. Sales of cars， made by domestic compan. Cheap New NBA Jerseys Cheap MLB Jerseys Online Cheap Authentic MLB Jerseys Cheap Replica College Jerseys Cheap Jerseys Cheap Jerseys Free Shipping Wholesale NFL Jerseys Cheap NFL Jerseys Cheap NFL Jerseys China Cheap Vintage NFL Jerseys
