ZOMOZOMO From Platform Operator to Provider Jing Qian Donghong Li Fei Meng Yi Qu Bin Wang
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“ZOMOZOMO” is an acronym of the company name, which is a portmanteau of “Za” and “Our” plus a random string of three numbers. The company was founded in 2015 to provide e-commerce platform services to customers. I joined the company in 2019. The company started as a small start-up with a staff of only two and an annual revenue of less than 1 million RMB. In my first six months on the job, I faced two major challeng
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“Sure, here’s a brief account of ZOMOZOMO’s transformation from platform operator to provider: At first, I saw ZOMOZOMO as a successful platform operator, which made sense as the company was highly profitable. However, with a focus on customer acquisition, it gradually became evident that the platform was not as profitable as I had anticipated. It is not a coincidence that most successful platform operators have a strong focus on improving customer retention and driving profitability. In 2019,
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I remember when ZOMOZOMO was a platform operator — we provided a platform for platforms to interact, but what a platform we were. We received platform requests, but the quality was lacking — what we needed was a platform to make sure that platform requests would turn into paying customers. This led us to become a provider — we started to provide a product and services to help platforms monetize the platform. Now I’ll tell you how that turned into a provider, and how we are different from our competitors. Platform Operator: ZOM
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ZOMOZOMO is a Chinese online platform operator that offers online gaming services. Click This Link The company started from providing third-party software development services for mobile gaming industry before expanding into online gaming services, such as mobile games, online card games, and online bingo. In April 2016, ZOMOZOMO acquired X-Factor Technology Group, a leading Chinese gaming company, to provide end-to-end services for online gaming development and operation. ZOMOZOMO then entered the Chinese online gaming market
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I was part of the platform operator that led ZOMOZOMO From Platform Operator to Provider in just a few years. It’s a little-known fact that ZOMOZOMO is a perfect example of a company that started off as a platform operator and then grew into a full-blown platform provider. The company started out in 2015 with just 120 employees and had just six products on the market. However, it’s quite clear that ZOMOZOMO’s journey was not easy.
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The platform operator (PO) market has been growing rapidly over the last few years. In fact, some reports have predicted a market growth rate of more than 25% per year. One such report shows that there is a significant difference in the market share between the POs and service providers. On the one hand, service providers such as the likes of Netflix and Hulu hold 65-75% of the market share, while on the other, POs such as Amazon, Netflix, and Hulu hold the remaining share of 1