At the China Internet Conference held last week in Beijing, Wang Haibo, Director of Board in China Wangku Communication and Information Technology Co., Ltd. (Hereinafter referred as “China Wangku”) accepted execlusive interview of Tencent Science & Technology. During the interview, he described the business development of China Wangku, and also described the current situation and future development of B2B business in China.
According to Wang Haibo’s introduction, China Wangku has been established for 14 years, mainly providing electronic operations and post-trading services for business entities. Wang Haibo said that China Wangku delisted from NASDAQ mainly because of domestic B2B market value, before Alibaba B2B business was in a depressed state, mainly because its Tianmao business far too strong, in fact, the capital market is still very concerned about the B2B market. Date of Chinese Ministry of Industry and Information and China Wangku reflect the importance of B2B markets.
From Wang Haibo’s point of view, the domestic B2B market has three stages, first the information age and industry showcase match times, these two era are both dominated by the Internet company, but now it has entered the third era dominated by corporate entities, China Wangku is now doing the fine service in this subdivision field, which is an important way out for China Wangku, the nature of B2B companies still have to return to business entities.
According to Wang Haibo, in the next period of time, China Wangku will coordinate with the "Teng Plan" of the Ministry of Industry and Information to romote SME entities with the applications of e-business, and it will aid business entities to conduct O2O business.
Wang Haibo thinks that the ultimate growth direction of B2B business is not an IT company nor a third party platform, but business entities. B2B business in different industries will develop mutil-modes of application and and trading opportunities. （Transalated by www.chinainout.com）
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