Founder of the United States buy site 8coupons adv

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Founder of the United States buy aggregation site 8coupons Xi Yuan Wen (right), Lan Di and Huang (left)
of: Zheng Jun

SAN FRANCISCO January 17 morning news, major U.S. aggregation site 8coupons buy Xi Wen, founder of Court accepted on Sunday morning, an exclusive telephone interview with Sina science and technology to Web site development, business success, the Chinese entrepreneurs discuss issues such as the Internet bubble, and his views. Xi Wen Yuan from China Taiwan, native of Shandong.
Yuan Xi and Huang Wen Lan Di, after which 80 couples in August 2007 in New York founded 8coupons, mobile phone text messages to local consumers in a variety of buy discount information; in addition to their \business, 8coupons also work Groupon other content partners, the most important transition for the United States buy aggregator sites, will expand the scope of its business to the United States in other regions.
Xi Yuan Wen said in an interview, 8coupons currently growing very rapidly, they will first do the United States market, waiting for the right time and opportunity to consider to expand overseas listing. He said that he is a Chinese, I never erase their national brand, the Chinese market has great potential, 8coupons's overseas expansion is definitely the first stop in the Chinese market.
about entrepreneurship, Xi Yuan Wen that China has an advantage in entrepreneurship, with a hard-working quality, willing to pay more for their efforts in the dream, but to pay attention to the unique Chinese people to overcome shyness character. He said entrepreneurs to pursue their dreams, not give up easily, but also encourage each other.
Yuan Wen Xi also believe that there is no area of the current Internet bubble, the situation is completely different and 2001, the Internet has completely changed the business model and way of life. He also pioneering the field of imitation problems there expressed their views. Xi Yuan Wen pointed out that the U.S. technology industry that is imitated by others is not strong,[link widoczny dla zalogowanych], only to be a follower; U.S. companies will choose to buy, not to imitate the small company entrepreneurial mode.
The following is an interview with Record:

Sina Technology: 8coupons founder has more than 3 years, can you tell us the site is currently under development?
Yuan Wen Xi: Our business has been growing, first in the New York market, covering the United States has now become an aggregation site. Our e-mail to registered users has reached 50 million; last December, we are unique visitors exceeded 200 million. Expected to buy the business with the continuous development of the end of this year the figure may reach 800 million. My income growth is also satisfied. The industry also has great growth potential.
Sina technology: relative to the Groupon buy such a large site, 8coupons what their competitiveness and development?
Xi Yuan Wen: We are an aggregation site, has its own characteristics. We have more rich information content, with a large number of content partners, including the Groupon. Our aim is an efficient way to provide consumers buy the correct and effective and discount information. Improving information and service quality is our focus. As the business continues to grow in the future if you encounter the right opportunity, we certainly will want to market, and I want to continue to expand and go overseas.
Sina Technology: Speaking of overseas expansion, Groupon and Livingsocial currently made acquisitions in Asia, the market also plans to enter the Chinese market rumors Groupon, 8coupons in this respect there is no specific plan?
Yuan Wen Xi: Our goal now is based on the U.S. market, good and solid local business. But of course, if we feel the right time, also to look overseas for development, but certainly the first stop in China. China has 1.3 billion people, while the U.S. only 300 million people, this is a huge market, it is absolutely not be ignored. China's economic development so rapid, in another decade or two decades, China's economy will certainly be more than the United States. I am very optimistic about the growth potential of the Chinese Internet market.
Sina technology: you yourself are Chinese, the Chinese market may have a better understanding and feelings.
Xi Yuan Wen: Yes, I am Chinese. I am 16 years old from Taiwan to the United States, to stay here for many years, but never give themselves English names. You see, my name now is still the Chinese name transliteration. I know that he is Chinese, this will not change anyway. I feel that if I give themselves English names like Michael, of course you can, but that I would lose the uniqueness of Chinese identity, my friends are still my Chinese name is called, this is my reservation the identity of a Chinese way.
I come from China Taiwan, my father is from Shandong Province to Taiwan before, my sister is now in Shanghai, I and family have always been in Mandarin. My wife is a Cambodian immigrant, she is now the company's CEO, has been learning Chinese, she also Chinese name \I believe that if given the opportunity to China's development, we will use such. I intend to come to China to see this year will go to Shanghai and Beijing. Look at our website, \
Sina Technology: As a Chinese American to succeed in business, whether and domestic Internet entrepreneurs talk about their experience?
Xi Wen Yuan: In fact, the success of technology industries in the United States a lot of Chinese people. The greatest feature of the Chinese people is hard, in order to realize their dreams, we are willing to pay more than others hard work and effort. If any experience, I think that if there are good ideas and models, we must stick to it, the entrepreneur should encourage each other.
Sina Technology: When you started 8coupons, is starting from scratch, will be very hard, right?
Xi Wen Yuan: My wife and I just started 8coupons in 2007, earlier than Groupon. At that time, I was an advertising agency, which is very famous home advertising company, Apple's advertising is our agent. Business, I get up at 8 every day, 9:00 to company work, 17:00 hurry home after work because I have wife and 6 sites with busy things. At that time, the two of us, really tired, to be busy almost every day at 3 am. Looking back, working time in 15-16 hours, there is no personal time. This situation lasted for almost for almost two years later we decided to quit wholeheartedly business.
retrospect, I feel so tired that time, but saw the development of our website, see the company growing day by day, and I am very pleased that pay is worth it. Entrepreneurship is the pursuit of dreams, we will continue to forge ahead and never stop (keep going, and going, and going).
Sina technology: for you know, the Chinese technology industry in the U.S. How?
Xi Wen Yuan: Chinese in the U.S. technology industry is very prominent, companies can see the Chinese presence. In business, in addition to Yang, there are many excellent Chinese entrepreneurs. I have contacted on the Chinese in the United States there are many medium-sized entrepreneurial companies, have developed very well. I think this is because we are willing to pay hard labor, this advantage can be overcome geographical factors, and the United States is a good environment to encourage innovation and entrepreneurship.
but I think the Chinese character which is always a little shy of the composition, Jerry Yang also has this feature, which Yahoo's culture had an impact. Yahoo lost a decade ago is now a powerful, fully behind Google, I think this is a certain relationship.
Sina Technology: If you say a word of Chinese entrepreneurs, what would you say?
Yuan Wen Xi: chase your dreams and never give up (Follow your dream, never say no).
Sina Technology: China Internet business environment and may have some differences between the United States. Many small companies in China have good ideas, but then the development will encounter obstacles; because they had just after the success of large companies might follow. How do you view this issue?
Yuan Wen Xi: If big companies have to imitate, of course, their competitiveness will certainly be higher than small companies. I do not know how the Chinese see the problem, but in the United States, we often say, if you follow someone else to go (follow), then you're a loser (loser), can only be a follower (follower). Google, when entrepreneurship is a small company, and later has grown completely over Yahoo. Now Facebook is the same, Google would think this is superseding the waves.
I think in the United States, not to imitate the company's new model of small start-up companies and ideas,[link widoczny dla zalogowanych], because this is not a very honorable thing, let alone with their powerful strength to suppress are others. My wife and I founded 8coupons in 2007, gradually expand from the small ideas, we are not afraid of big companies to imitate, in fact, no one would do so. If the big companies really appreciate this business model, usually a direct acquisition of a small start-up companies. And there are a protected innovation, and protection of chasing the dream of truth.
you before and I said, suddenly appeared in the Chinese buy hundreds of sites, I think it is possible that the beginning, but in the end depend on the content of their innovation and quality.
Sina Technology: Now Groupon rumors to be listed, the valuation reportedly 150 billion dollars. Facebook's valuation is getting higher and higher, do you also agree that some of the industry's bubble view?
Xi Wen Yuan: I do not think so. 2001, the market potential of the Internet is not entirely clear, the listing process in the Internet stocks, the fund speculation has led to a bubble and burst. But now the situation has changed dramatically, the Internet has become an indispensable part of people's lives, the Internet has changed people's lifestyles, consumption patterns are gradually transferred to the network, I do not think the current Internet bubble. And the current expansion mainly from the valuation of venture capital, and 2001, when the stock market not the same.
Sina technology: a telephone interview, thank you very much, you Sina and Sina microblogging know what?
Xi Wen Yuan: I have always been readers of Sina, newly arrived in America,[link widoczny dla zalogowanych], Sina is my computer home page, every day I see the mainland from Taiwan Sina understand the situation. I've used a long time Sina-mail, of course, I now own the company an email. (Laughs) you just give me message, I was called sister, and Shanghai. My sister said, \I am very excited about the opportunity and domestic friends to share their entrepreneurial experiences.
I am currently using a major social network Facebook, Twitter account is public relations on behalf of the company to take care of. If you have time, I will register a Sina microblogging accounts, a better understanding of the Chinese market and to communicate directly with Chinese friends.
Sina technology: Thank you for accepting our interview, I hope you come to China, they also look to Sina, you know, Zach Boge Gang to China, but also to the Sina.
Xi Wen Yuan: This year I plan to come to China, if he came to Beijing, I will contact you. Sorry, I use the iPhone, AT & T, the signal does not in New York, calls the sound instability. But at least Verizon is also out of the iPhone, I will enchant the machine next month. 'll Keep in touch, bye. > Related: United States buy site a series of reports: Chinese couple buy web site founded 8coupons America series: Livingsocial business story
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