“Interesting and useful”
|Founded: 2013 in Beijing, China
Category: Media and Entertainment, Social News
Primary office: Beijing (China)
Employees: 501 – 1000
Amount raised: $178.2 million (4 rounds – Nov 14, 2017)
- News aggregator platform that charges advertisers for precise advertising matching with accurate browsing traffic, including CPM (Cost Per Thousand), CPC (Cost Per Click) and CPS (Cost Per Sales)
- Yidian accounts – content creation platform for monetizable content distribution
- Attract and foster high quality self-media content with rich cash rights such as multi-million-dollar plan (e.g., Golden Touch Plan )
- Innovative information flow products from Smart Feeds to Smart Lab  resulting in intelligent marketing and attracting users
- Information video (self-media) – users can upload short videos on the platform for profit (income based on page views)
- Radio channel – voice channel with varying content
- Mass information aggregation from thousands of platforms across numerous topics
- Private customization – the “interest engine” integrates search engine and recommendation engine, combined with the network data of users’ search behavior. Results in deeper user interests both actively and passively
- Build an optimum balance between users and self-media; enhance recognition and profit
- High information dissemination efficiency achieved by intelligent recommendation algorithm
- Leadership – Yahoo’s top founding team along with individuals from Google, Facebook, and Silicon Valley elite
- Interest Engine – a patented technology for data crawling and text analysis; combines with recommendation engine using personal portraits to push content, analyzes user preferences intelligently and recommends content accurately
- Partnerships with mobile phone giants – flow support in respect of mobile phone, browser and other channels; and carry out comprehensive cooperation in terms of brand and website traffic
- Highly sticky user groups – lay foundation for high-quality content layout expansion and commercial realization
- Using manual and automated recommendations to achieve high quality content, fair and precise distribution
- Build Yidian proprietary big data from consumer reading behavior, activity, hardware and advertising consumption data
- Intelligently match consumer interest data with information, advertising and services to provide marketing value to stakeholders
- Collaborate with major mobile companies and social media platforms (e.g., Zhihu and iQiyi) for marketing, data sharing, hardware service capabilities, and content expansion
- Prioritize user value and high-quality content
- Interest marketing – master user interests, use differentiated customized resources to meet personalized value demands, and make the communication between the brand and customers more effective
- Form a creative environment to attract and cultivate thousands of excellent self-media to produce more high-quality content
- Continue developing new functions to provide diversified user experience
Assertions That Best Describe What the Company Did to Scale Early, Rapidly & Securely
- Apply big data, machine learning and artificial intelligence to generate predictive analytics and enhance automation
- Use data and artificial intelligence to personalize offers to consumers
- Always think from your customers perspective (organizationally and personally)
- Apply big data analytics to produce insightful information about users, suppliers and customers to enhance shopping pattern analysis, improve customers experience, predict market trends, provide more secure online payment solutions, increase personalization, optimize and automate pricing, and provide dynamic customer service
- Attract traffic and new customers by targeting and retargeting users from search engines, referrals, adds and social media
- Convince non-paying users to contribute to the development of the company’s products, channels, brand, and sources of competitive advantage
- Establish partnerships that increase the demand for products that complement the company’s product
- Use a cross-channel customer-centric approach to provide a seamless, unified, and contextual customer experience, irrespective of device, channel, or platform of interaction
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- Nan Yang