The Story of Making 300 Million a Year with Straws
This person is the primary inspiration for most of the characters in the TV series *Ji Mao Fei Shang Tian* (Go Live). F…
After going public, its gross margin jumped from just over 30% to more than 50%. Of course, it spent heavily on market expansion—about 20% of revenue. Roughly speaking, for each move, half of the fee goes to Huolala as an intermediary (including 20% for advertising and 30% as its intermediary income), while the other half goes to the moving师傅.
Revealing Huolala: The First Moving App for Young People—Does It Profit by Milking Drivers?