"Fortune" magazine announced the list of China's 40 business elites under the age of 40 in 2019, among which 36-year-old Zhang Yiming topped the list. Xu Li, co-founder and CEO of Shangtang Technology, and Wang Tao, founder of Dajiang, ranked second and third respectively. Didi Chuxing, founder and CEO of Didi Chuxing, ranked fourth, Huang Zheng, founder, chairman and CEO of Pinduo, ranked sixth, and Su Hua, co-founder and CEO of Kuaishou, ranked 11th.
It is worth mentioning that Pei Yu, the co-founder of "OnePlus Technology", was on the list at the age of 29 and was the youngest finalist. In Zhang Yiming’s entrepreneurial ideal, the coolest feature of Toutiao is that it matches the personality characteristics of each user to the greatest extent. When the headlines of all news clients are the exchange of visits between national leaders and Winter Olympic gold medalists, an 11-year-old mother's "Today's headlines" may be about the change of junior high school policies, while another Internet entrepreneur's "Today's headlines" The headline” was the proposed bankruptcy of the Bitcoin trading platform.
This is what users want and what Toutiao wants to do. In addition to its powerful distribution capabilities with the largest share of the Android distribution market, Baidu 91 Mobile Platform left Zhang Yiming with a deep impression of its series of developer ecological layouts. He said that Baidu's friendly and open developer ecosystem construction strategy will inevitably attract more and more developers to join the Baidu 91 mobile platform with high-quality resources, forming a benign and win-win situation where Baidu, developers, and users can promote multi-party efforts. cycle.
After discovering that the wave of mobile Internet was unstoppable, Zhang Yiming voluntarily chose to give up vertical business and become a platform product. Because he found that platform-based ecological products, such as Tencent WeChat, Sina Weibo and Alibaba Taobao, are excellent opportunities in the mobile Internet era. First, choose your interests so that you won't give up due to industry fluctuations and will be more likely to stick with it. Second, we should choose differentiated competition. Start-ups should not manufacture similar products with fierce competition, which will be detrimental to society.