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Home / Biz updates

Zhongguancun lights up entrepreneur's dream

Updated: 2014-12-26 /By Xu Lili (chinadaily.com.cn)
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"Many people think starting a business is a dream. However, don't just leave that dream on your pillow. It's time to turn your ideas into action," Xu Dandan, an entrepreneur in Zhongguancun explained, 18 months after he founded lagou.com.

Convenient registration, simple procedures, low start-up costs, an entrepreneurship training system and professional angel investors in Zhongguancun help young entrepreneurs to start their dreams.

Zhongguancun has numerous legends and is still creating more.

Zhongguancun lights up entrepreneur's dream

Xu Dandan, founder of lagou.com, shows off a big smile in Zhongguancun, Beijing, on Dec 19, 2014. [Photo/Xinhua]

Lagou.com, founded by Xu Dandan and his partners, is a website that focuses on recruitment in the IT industry. Lagou.com is different because it doesn't help enterprises look for applicants but helps IT personnel choose a job.

The website won the first round investment of $5 million half year after it was launched. Now it covers nearly 40,000 enterprises and has 1 million registered resumes. It has helped over 300,000 people find the right position. Now the company valuation exceeds $150 million.

Zhongguancun lights up entrepreneur's dream

Xu Dandan talks with his colleague in Zhongguancun, Beijing, on Dec 19, 2014. [Photo/Xinhua]

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