Liu Qiangdong, founder and CEO of 360buy, delivered an internal talk at the giant etailer’s annual meeting, defining the new year of 2013 as a year of revitalization and rehabilitation and point out self-operated ecommerce, open service and financing as its new directions to be headed for. According to him, the online virtual shopping mall pulled in RMB 60 billion in sales in 2012. He also said that he personally believed the company would be turning a profit by the fourth quarter of this year.

We did a synopsis of his talk below:

Revitalization

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Chelsea Dong

She reads, travels, photographs and writes, with interests in chronicling China tech scene and interpreting how technology disrupts the way people live.