In 2003, Wang Xingyu gave up his studies in the United States and returned to China to set up an intranet. It was acquired by Thousand Oaks Group in 2006. In 2007, Fanbu.com was established; 20 10, the group buying website Meituan.com was founded; 20 14 Wang xing was elected as the economic leader of China 20 14. On February 26th, 2020, with a wealth of RMB 53 billion, it ranked 262nd in Hurun's list of the richest people in the world in 2020. 12 In May, Wang Xing ranked 35th in the 2020 New Fortune 500 Rich List with a wealth of 52.65 billion yuan. On August 13, 2020, Wang Xing, an affiliated company of Shanghai Han Tao Information Consulting Co., Ltd., resigned as a supervisor and was replaced by Liu Minjuan.
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Character experience
Before the age of 25, Wang Xing had a typical "three-good student" experience: he walked Tsinghua from Longyan No.1 Middle School in Fujian, and went to study in the United States with a scholarship after graduation.
65438-0997 While studying in the Department of Electronic Engineering in Tsinghua University, Wang Xing participated in the dance team of Tsinghua Student Art Troupe and danced a traditional dance called "Huangtuhuang". Topless, with a chest drum tied to his chest, wearing a pair of coarse trousers.
At the beginning of 2004, at the age of 25, he interrupted his doctoral studies in the Department of Electronic and Computer Engineering at the University of Delaware and returned to China to start a business. "At that time, I had nothing but ideas and courage. After graduating from undergraduate course, I went to America. I don't have any social relations except my classmates. I found a college classmate and a high school classmate after I came back. Three people groped in the dark. " Wang Xing recalled.
The first project that Wang Xing did was called "More Excellent", and the second project was called "Excellent Sub-graph" after "More Excellent". "Youzitu" is very professional and faces overseas friends.
In the autumn of 2005, Wang Xing decided to focus on one market segment: SNS in university campus. They studied and studied Facebook, a successful example in this field in the United States, integrated the previous experience and lessons in the SNS field, and combined with the national conditions, developed a campus network. Since its release three months ago, the intranet has attracted 30,000 users, and the number of users is still growing rapidly.
When the number of campus network users surged in 2006, Wang Xing had no money to increase the server and bandwidth, so he had to sell the campus network to Chen Yizhou, CEO of Thousand Oaks Interactive Group, who got $430 million from Softbank, changed the campus network into Renren, and Renren was listed at 20 1 1.
Wang Xing's latest venture is Meituan.com..2009 In July 2009, Wang Xing's Fanbu.com was closed for some reason. Meituan received venture capital investment of Sequoia Capital "exceeding $654.38+0 billion".
20 1 1 At the internal meeting of the first anniversary of the establishment of the Youth League, Wang Xing took Shen Peng, who was 2/kloc-0 years old and joined the Youth League, as an example to express his views on employment: the criterion for judging whether a person can join the Youth League is more about mentality than age. To understand what consumers want, we must be aggressive and agree with the values of Meituan.
On August 7, 2020, Wang Xing resigned as a supervisor of Beijing Sankuai Online Technology Co., Ltd. On August 13, Volkswagen commented that Wang Xing, an affiliated company of Shanghai Han Tao Information Consulting Co., Ltd., resigned as a supervisor and was replaced by Liu Minjuan.