- Global Internet of People Inc.
Global Internet of People Inc.
Room 703, West Zone, R&D Building
Website
We started our operation as a consulting company providing enterprise services to small and medium-sized enterprises in the PRC in December 2014, and launched our peer-to-peer knowledge sharing and enterprise service platform in May 2016. Since then, we have continued to expand and improve our platform, where knowledge is shared, and services are requested and provided. We operate our platform through our PRC operating entity, SDH and its subsidiaries, both online, via our mobile application “Shidonghui App” (the “APP”), and offline, through local offices directly operated by us in Beijing, Shanghai and Hangzhou, as well as 33 local centers operated by some of our Members in 25 cities and twelve provinces throughout the PRC. Our mission is to become a leading knowledge sharing and enterprise service platform in China.
According to the PRC National Bureau of Statistics, through the last two decades, the Chinese economy had maintained a growth rate of around 10% for a long period until 2016, then entered an adjustment period with slower growth rate of about 7.5% between 2014 and 2016, but was back to around 10% in 2017. A generally fast-growing economy and positive market environment have created many entrepreneurial and high-growth enterprises, many of which need corporate services such as financial consulting and management training. Likewise, as a result of China’s economic expansion, the Chinese population saw large increases of personal wealth. Previously, our platform focused on providing enterprise services to enterprises and entrepreneurs, but we are actively expanding our service to individuals and families that seek advice and services relating to health, beauty, travel, fashion, housing, etc.
When we launched our platform, our aim was not only to continue providing enterprise services to PRC’s growing business communities, but also create a marketplace where qualified entities (individuals and enterprises) have opportunities to serve as providers, and receive rewards by sharing their knowledge with others on the platform. As of May 2019, our knowledge sharing and enterprise service ecosystem had approximately 400 Mentors, 700 Experts, 1,200 Members, and 4.98 million Users. In addition to serving our Users and Members, we continue to provide enterprise services to small and medium-sized enterprises in China through a dedicated team with ten full-time professional consultants, backed up by resources provided by third party institutional service providers such as investment banks and private equity firms, as well as our Mentors and Experts. Our providers (Mentors, Experts and consultants) are successful entrepreneurs, scientists, investors, and professionals with qualifications and achievements in major industries such as finance, energy, health care, technology, manufacturing and academia. Our core strength is the knowledge brought by our providers, highlighted by their experiences, wisdom, industry know-how, and social connections.
We offer online services to our Users on our APP, which was released to the public in May 2016, and offline services to our Members. The number of Users, measured as the total of unique individuals who downloaded and registered to use our APP on their mobile devices, has increased from approximately 800,000 in May 2017 to approximately 4.98 million in May 2019. The number of our Members, measured as the total number of active subscribers of our three annual memberships (platinum, diamond and protégé), has increased from 139 in May 2016 to 1,215 in May 2019. “Active subscribers” are those who signed on and made full payment to receive our yearly Member services that were in effect (within the year period) at the time of measurement.
Offering Team
Deal Managers
- ViewTrade
- National Securities
Lawyers
- Hunter Taubman Fischer & Li LLC
Auditors
- Friedman LLP
Pre-IPO Investors
Investors
- Google Ventures
- Intel Ventures
- Patricoff Ventures
- Kleiner Perkins
Pre-IPO Holdings(%)
- 30
- 20
- 05
- 18
Deal Highlights
Deal Tracker
Investors
Filing
09 Feb, 2021Offer
09 Feb, 2021Look Ahead
Lock Up Expiry
09 Aug, 2021Earning
Nov 1, 2018IPO Terms
Offer Price | $4.00 |
Offer Size | 6M |