As a key investment promotion project of the Yuzhong District Government of Chongqing, Xiushang Shidai (Chongqing) Technology Co., Ltd. is located in Chongqing Global Financial Center and has three major technology R&D centers.
The company has established 34 city operation centers and 432 regional operating companies, with a market operation team of nearly 10,000 people. It has established strategic partnerships with 231 first- and second-tier light luxury brands internationally, and has signed contracts with thousands of suppliers nationwide for nearly 100,000 SKUs of supplied products.
The company's self-developed open service empowerment application platform for reconstructing the relationships among entertainment, social networking, and retail - Xiuyou APP - adopts the dual-helix operation model of "brand special show, value monetization", creating a showground with live show, video show, and Xiuyou Circle functions, as well as a marketplace where users can open stores and shop. It meets users' multiple needs such as entertainment, social networking, entrepreneurship, and shopping, and is committed to becoming the next national-level entrepreneurial ecosystem platform.
The platform officially began public beta testing on May 20, 2019. On the day of the public beta, users exceeded 100,000, concurrent clicks on various APP functions exceeded 150 million, and transaction volume that day exceeded 10 million. In 2020, the platform's active users are expected to reach 50 million, with daily transaction volume reaching 100 million; in 2021, the platform's active users are expected to reach 100 million, with daily transaction volume reaching 200 million.
With its innovative business concepts and models, the platform has attracted widespread attention and favor from all sectors of society. On December 28, 2019, Xiushang Shidai signed investment and strategic cooperation agreements with representatives of companies including Yuzhong State-owned Assets, Xietong Capital, Zhongzhi Capital, Hualu Holdings, Huasheng Securities, and EFG Fund.
In the retail triangle of "people, goods, and places", Xiuyou APP focuses on people, incubating tens of thousands of KOCs (Key Opinion Consumers) through endorsement tasks in the showground, allowing users to transform themselves from IDs to IPs through shows and realize personal value monetization.
Xiuyou is an open and shared platform. By sharing resources, it empowers and serves partners in multiple aspects such as traffic, content, operations, and brands. Brand owners can easily realize resource monetization and value monetization through the platform, make their businesses bigger and stronger, and achieve the grand scene of "one brand show, one hundred thousand distributors".
With the arrival of 5G technology, the era of national livestreaming and national showing has arrived. With the "showground" as the carrier, through empowerment and services, it drives nationwide entrepreneurship through showing and promotes physical businesses from "store commerce" to "show commerce". Xiushang Shidai believes that in the era of show commerce, people will surely become more honest, business will surely become more civilized, and society will surely become more harmonious.
With its innovative business concepts and models, the platform has attracted widespread attention from all sectors of society. Governments in many places have proposed preferential policies, and cooperation with multiple investment institutions has also made substantive progress.
Xiushang Shidai's core value is "helping others succeed to achieve oneself", with serving partners wholeheartedly as its code of conduct. It empowers the formation of new retail through "people, goods, and places", and serves the formation of new services through "people, goods, and places". Under the dual new engines of "new retail + new services", Xiushang Shidai is willing to empower all business organizations and individual elites who advance with the times, strive to fulfill more partners' dreams, and create greater commercial and social value.
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