news

author: an ran

editor: ye jinyan

produced by: deepnet·tencent news xiaoman studio

dong yuhui and yuhui went with himoriental selectionwithin a month after independence,new orientalyu minhong, the founder and ceo of dongfang zhenxuan, was once again caught up in some groundless rumors and cyberbullying. in response, yu minhong published an article titled "a few explanations" on his official account "lao yu xianhua" to refute rumors that he was the investor behind "phoenix finance" and hired someone to attack dong yuhui.

at the 2024 yabuli china entrepreneurs forum, when asked by 360 founder zhou hongyi how he viewed these cyberbullyings, yu minhong replied, "it is not appropriate to say that i don't care about being cyberbullied. i will definitely read online comments, but i have to look at the impact of this matter on the company's layout and focus on what i want to do. i am focused on doing a good job of new oriental and oriental selection, and taking care of my own personal life."

yu minhong further explained that, up to now, dongfangxuan and new oriental have not been greatly affected by online public opinion, and the company will continue to move forward in the established direction. "the more times i have been bullied online, the more i have become more determined. if i change myself because of rumors, it means that i don't have enough determination."

regarding the development of oriental selection, yu minhong once revealed at a shareholders' meeting that in the future, the company will explore a model that combines online and offline channels and learn from the sam's club model. in an interview with zhang wenzhong, founder of wumart group and dmall, yu minhong said, "wumart has a good foundation and ordinary people are willing to go there. offline retail will never disappear, but the model will change."

in response to yu minhong's joke that "either i (yu minhong) will acquire him (zhang wenzhong) or he will acquire me in the future", zhang wenzhong replied, "i have great respect for yu minhong's decision to run oriental selection, but i am also worried. this is a difficult matter. i have been working on it for 30 years and still haven't figured it out. it is so complicated, but he rushed in without hesitation."

zhang wenzhong further said, "offline physical stores will definitely still exist, but they need to be fully digitized and require new service models. the market is huge, and there are many areas where wumart and dongfangxuan can achieve win-win results and cooperate."