The still emerging- but quite a rapid one at that- economy of China is an ocean of opportunities and presents an immense market to various start-ups to grow: with the highly economic prospects which allow the rising companies to generate higher growth rate.
One such company that has shown rapid emergence into the Chinese market is Chengdu Wolaila. This software company provides e-commerce services and a 24-hour express delivery service through its internet portal known as Sposter. It also develops and markets the applications for Android users and iPhone users.
What Is The Sort Of Work They Exhibit Under Their Services?
It has surfaced as the largest smart delivery box operator in the world. For its drop off services, it makes use of the network which is operated on the basis of the pin code of the area. The extent of its reach in the Chinese market can be estimated by the fact that it has 30 million subscribers throughout the communities of China and it serves the deliveries estimated at an average of 1 million per day.
It also keeps track of the consumption habits of its customers by collecting data from the day to day communications with them. Based on this analysis, it recommends value-added services, which serve the everyday needs of the customers that can include everything from food to clothing to pensions and medical treatments.
Where Has A Simple Start-up Led To?
This company bagged the first position in Deloitte Asia Pacific Tech Fast 500 where an evaluation is carried out of the various companies in the Asia Pacific region based on their average revenue growth.
With its 25239 percent of exceptional growth, it provided a demonstration of how the new technology, with its innovative mechanisms, is shaping everyday life of the people by transforming various business models for the simplification of the lives of the customer. As quoted by the head of the company, “Chengdu Wolaila shows how a disruptive force can create opportunities.”
Chengdu Wolaila aims at improving the experience of its customers by providing a quick and reliable nature of service. Seizing the opportunities driven by the demands of the customers, they have harnessed the technological opportunities at hand in China.
In the end, it all comes to providing a marked experience to its customers with its sizeable team and operational staff. They lay strong emphasis on innovating their services to enhance customer satisfaction, and so that they can act quickly in any case of technical problems reported by customers.
How It Keeps Growing
Keeping in line with its idea of growth and innovation, Chengdu Wolaila has now started an offline advertising business. The success of this endeavour is marked by the fact that it generated two-thirds of their revenue in the previous year.
Alongside, the company also focuses its efforts to understand the ever-changing demands and preferences of the customers and to provide filtered and custom tailored solutions to their problems.
LSI Keywords: internet portal known as Sposter, Chengdu Wolaila, offline advertising business, Deloitte Asia Pacific Tech Fast 500, technological opportunities at hand in China
