silver high heels " will increase as well

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Xu Jieyun
is a thriving scene, suddenly heard the electric business, "winter" pace.
Recently, the CEO Jingdong Liu Qiang Dong, Li Guoqing, CEO Dangdang electrical business launched a "winter is approaching," the discussion. Liu Qiang East that the end of this year early next year, industry, electricity providers will be ahead of the arrival of winter, "I believe next year will freeze to death a lot." Li Guoqing said although winter has not yet come, but also said that the capital market for almost cold, by the huge loss in exchange for high-growth real bubble.
now, for the electricity business investment actually begun to shrink. Widely recognized for this effect will be conducted at the end of this year to begin commercial operation of power industry. Financing will become difficult, the high valuation also no longer be as readily available. Vertical field of giants rely on existing cash reserves of the size and risk of winter, and small power providers will face a sudden interruption of the external self-transfusion dilemma, it looks more like an industry "Battle Royale."
capital tightening
seems inconsistent with the chiefs warning winter approaching, now is still showing an attitude of electric high-speed commercial development of the fiery scene.
CNZZ released the first half of 2011, e-commerce report: end of June, the domestic total of 12 400 online retail sites,nike air cent penny, compared with an increase of 6.55% in January, June, visited online retail sites the total number of Internet users reached 318 million, compared with an increase of 33.42% over the same period last year. Group 800 "issued in June 2011, China buy Statistics Report" in June to restore growth in the domestic market basically buy the discount is still to maintain the trend of gradual increase. However, although people involved in the purchase of buy growth than in May but still below Aprils level.
However, the upstream channel capital into already beginning to show signs of freezing. Bickering aside part of each other,Nike air 1/2 cent penny, in fact, Lee and Liu are still broadly consistent with the view that the attitude of the capital already started cooling, electricity business needs facing the self-blood test.
the past two years, e-business money is easy, usually just more and less problems. Liu Qiang East that the future of e-commerce site will be a great market space for development, but at the moment, but some peoples expectations were high. Liu Qiang East that the next two to three years will be very short of money power and commercial enterprises.
"investment has been significant tightening." senior investment bankers, former executive director of Hina Song Liangjing said. Nearly two months, with peers, he found that the industrys willingness to invest in electricity has been significantly reduced, his focus has turned to other areas. He said that negotiations on investment cycle, there are currently more than the case of disclosure of the financing had been finalized,silver high heels, business investment in power from now on will be significantly reduced.
capital contraction speed very quickly, shortly before the wave of electronic business financing is also red hot, a few months away, had quickly cool.
Song Liangjing that there are investment opportunities worth and B2C companies now have little left. Thermal power business continued for almost two years, the vertical field of investment has been very intensive, only the field of luxury fashion this year to finance the total newcomer has more than $ 500 million. This year, Tencent, Baidu and other industry giants have reached the one, big investment, acquisition after another.
the other hand, the industry now has significant signs of excessive transfusion of capital,micheal jordan heels, over-reliance on money-losing market share model for the risk is too large, with 100 yuan in exchange for the cost of 10 yuan, 20 yuan income is clearly unsustainable. While in the bubble environment birth, the entrepreneurial team mentality tends to be impulsive, the valuation is too high but also to many VC, PE choose stop.
"capital is not entirely rational, there are also follow the trend of the situation." Song Liangjing that foreign capital industry for groupon model is also a primer question,griffey 2, touched the reflection of institutional investors. Collective hesitation when capital began to stop the so-called homeopathic cold will come. Bo Shao
partner, Matrix Partners last month on the "First Financial Daily" said that at present there are some companies in fact not qualified team took advantage of electric heat to get the investment business. He believes that power suppliers are still optimistic about the overall market, but had some people are too optimistic.
conduction and response
capital contraction, although some lag,griffey shoes, but it will eventually affect the power of traditional personal experience Lengnuanzizhi commercial enterprises.
industry observers generally believe that the field in the vertical position of the leading e-business, the financing also has had a more adequate cash reserves are expected to not be seriously affected. And more small and medium-power business to the end of this year, will face high operating costs, nowhere to financing problems, or temporary death in the face.
This looks like a power shuffle out of business. In fact, there have been reports in April this year, Shenzhen, electronic business closures occur, probably more than 500 were canceled appliance business, which has been or is threatened.
"E-commerce is definitely a winter, but come not so fast." electronic commerce analyst with Analysys International, said Chen Shou sent. He listed several winter electricity supplier to determine the standard: enterprise funds strand breaks, reduced advertising,air griffey max gd, traffic decline, reduced orders. A number of business failures, capital contraction cautious. He believes that these factors do not present the whole it seems clear, at least in line were getting a lot of B2C financing, cash flow or to protect a period of operation. Chen Hu, vice president of Lok Amoy
that chill around the corner, the flow of capital, "Matthew," will increase as well, and deepen industry differentiation.
CNZZ report shows that the active site more valuable and active users, the first half of the average daily number of visitors to the site 1317, compared to the overall decrease of 4.08% over the same period last year, the industrys highest number of sites month in January, to 1401, then showed decreased each month.
From this, the traffic is concentrated. This will form a circle: the higher the cost of the more lift,air griffey max 1 red, the promotion effect is diluted, in turn, stimulate the enterprises to strengthen further investment. The flow in the promotion of rising costs,womens jordan heels, but increasingly scarce, and finally the strong embrace of the "Matthew Effect" which strengthened.
such harsh environment also makes the new entrants are more cautious. NetEase began late last year promotional its B2C mall, but now they choose to do without electricity storage service class provider of light direction, and determine only the upstream industry chain resources to acquire the product. Netease CEO Ding Lei Belle of the shoe giant self-power firms in Table optimistic that the Belle will be able to control the supply chain resources against the industry risk.
said Ding Jingdong,cheap asics, Dangdang and other access channels play a role in the way competition is too fierce,nike heels for women, the risk is very large. He mentioned many times, NetEase has 14 years of business, have experienced twice in the previous takes bubble crisis, but he now has the smell of power crisis has hit the scent business, "simply yell,shoes tiger, the enterprise will result in huge damage. "
pursuit of resources to control the upstream industry chain is clearly not easy, most companies prepare for the winter way more cash found in reserves and optimize management. groups such as the United States recently announced
B round of financing,air jordan high heels, the site shows the companys $ 62 million account in the cash balance. A round of financing so far nothing they did not move, B 50 million round of financing has begun just Daozhang C round of financing. Wang Huiwen, vice president of the company, said: "Come winter, we have to able to save food."
open source, but also should focus on reducing expenditure. Sent on behalf of the network,griffey shoes 2011, said analyst Li Chengdong, winter business advertising structure should be improved to control costs and improve conversion rate. Furthermore, it should optimize inventory management to meet the second half of the season to bring the inventory Yahuo test.
Shou send that, according to its understanding, some advertising and other B2C companies has been prepared to shrink. Internet advertising industry have said that the current Taobao, Jingdong and other large electrical business advertising remains strong, but small incremental investment in electronic business has been significantly slowed down compared with last year.