Oriental Choice and New Oriental Relations

"Oriental Selection" is jointly organized by Beijing New Oriental Chengxun Network Technology Co., Ltd. and Beijing Yang De E-commerce Partnership (Limited Partnership). The former is an online education operation company of New Oriental, and the latter is a newly established partnership, headed by Rebecca, an old friend of New Oriental. It undertook the immigration service sector spun off by New Oriental, which represented the fund shares of Wang Qiang, the founder of New Oriental. , indicating that it is still optimistic about the live freight business. The live broadcast platform company was established, the preliminary examination ended, and it began to enter the product selection link. Looking at the business scope, multi-category products are certain. In the previous stage, it was almost unprofitable to test the water with low-risk books and agricultural products, but the word of mouth would not be crooked. After groping, how to choose products and establish the first-stage business relationship with merchants has been the focus of the company since its establishment.

In addition, the legal representative of "Oriental Select" is Sun, the same as New Oriental. Sun is the cutting-edge post-80s CEO of New Oriental in recent two years. Before the "double drop" policy, he focused on online education. The establishment of this new company means that he will enter the field of live broadcast together with.