gopackup pitch 20160412
TRANSCRIPT
What is Gopackup？
Gopackup is a marketplace & social platform
for travelers and professional local travel
service providers.
What make Gopackup different and valuable？
1. Real local, instead of local Chinese!
Features: • Find interesting unique tours at
different destinations.
• Find friendly local service providers by location, services, or nearby.
2. Professional local vendor, instead of amateur!
Features: • View tour details: prices, intros, costs, and other customers’ reviews. • Flexible multi-pricing, dynamic currency rate exchange, share with
friends... • Tour provides can list and manage their services and sales online.
3. C2C model like Taobao for travel, instead of traditional B2C OTA model!
Biblical Jordan Buddhist Circuit of India
Jerusalem 3 Religions Dragon Kingdom @ Bhutan
4. A long tail of unique and diversified products, instead of only sightseeing services!
Row a Basket Boat Learn to Row a Gondola
Marrakesh Sahara Desert Pinnawala Elephant Orphanage
4. A long tail of unique and diversified products, instead of only sightseeing services!
The Souk And Its Fragrances Vietnam Cuisine
Cook in Tuscany Homemade Tastes
4. A long tail of unique and diversified products, instead of only sightseeing services!
Features: • Easy to stay in contact via text messaging, share
photo, location, videos, etc.
• Easy to send updated invoices and/or payments.
5. Free Chatting for easy communication and customization!
Features: • Share interesting local life moments to
attract travelers.
• Sync with other social media for better marketing.
6. Local life moments sharing for better user engaging and better marketing!
Payment solution: Decentralized Ripple technology which enables multi-national currencies instantly exchange at lowest rate.
7. Low cost, instant cross currencies exchange solution!
8. Blockchain technology enabled for a trustable community!
Market Size
Global Annual Growth 09-14
5.2% Global intl. tourism Revenue 2014
1159bn
Source: http://www.statista.com/topics/962/global-tourism/
China outbound tourism Expenditure 2014
164.9bn
USA tourism Expenditure 2014
110.8bn
Targeting at 5% of the market of both USA and China
14bn (110.8 + 164.9) X 5%=
Proven Business Model
Charge 10% from the transaction. Besides, sales of commercial insurance and travel insurance can also be part of revenue sources in the future.
14bn X10% = 1.4bn Revenue
97 6 headquarter@ Santa Clara, CA USA
Branch office@ Beijing, China
589 Continents Countries Cities
Market development
272 Total Orders
300KUSD
Total Revenue
1061USD Average Sales for Each Order
Sales & Revenue
59942 Registered Users
2971 Registered Vendors
5618 Published Tours
User Acquisition: Viral marketing
Security Verifications
1. User ID verification
2. Bank account verification
3. Social network cross reference
4. Reviews & ratings
5. Personal Interview
6. Credit score check and evaluation
7. Third party background check
8. IP address detection
9. TripAdvisor review verification
10. Commercial insurance validation
11. Mobile number verification.
12. Blockchain technology for credit system.
Gopackup Co-founders
CEO
Tingbin Tang
Tingbin is a serial entrepreneur with UX design and business background. He used to be CCO of iHealth, was managing R&D, UX and e-commerce; Founder and CEO of Peopeo, provided UX design consultancy for fortune 500 companies; COO and then CEO of Qifang, the first P2P banking service in China; founder and CEO of San Stone, which provided design to manufacturing services for SMEs in USA; he was in the founding team of Trisenx, which brought the third sense –smell to the internet, that people send a e-smell. He used to teach in San Jose State for UX design program, and was also founder and first director for the design program in CAFA (Central Academy of Fine Arts). He holds a MFA degree from SCAD Savannah College of Art and Design.
COO
CTO
Yunyun Jiang
Yan Zhang
Gopackup Co-founders
Yunyun has background in business and computer science. She was senior QE manager of WmWare, staff software engineer at Brocade, with education in business from Stanford, and computer science from USC University of Southern California and Fudan University.
Yan has a background in computer science. He was senior computer engineer at Adobe and Nokia, with education in computer science from UC Berkeley and Tshinghua University.
2M 10%
Funding Needs
