Yu Yongfu, male, Han nationality, born on August 18, 1976, from Inner Mongolia.
At the end of 2006, he joined UC Youshi and served as Chairman and CEO of UC Youshi.
Let’s take a look at Yu Yongfu’s Internet entrepreneurship story.
Entrepreneurship Story After graduating from university in 1999, Yu Yongfu first went south to Shenzhen to enter the securities industry.
Three years later, he joined Lenovo Investment as an entrepreneurial employee and was responsible for investment in telecommunications, new media, Internet, mobile Internet and other fields. Due to his outstanding performance, he was quickly promoted from investment manager to vice president within 6 years.
However, Yu Yongfu does not want to sit in the passenger seat all the time. He hopes to experience the feeling of driving in person one day.
?I have been doing venture capital for more than five years, and I have watched the ups and downs of so many start-up companies on the shore. I also want to jump in and have a try while I am young.
Yu Yongfu is still a little excited when he thinks back to his restlessness back then.
At that time, Yu Yongfu was very optimistic about the mobile Internet and was helping Liang Jie and He Xiaopeng, the two founders of UC Youshi, to obtain an investment of US$1 million from Lenovo.
However, on November 20, 2006, this investment failed by one vote at the decision-making meeting of Legend Investment.
When Yu Yongfu told Liang Jie and He Xiaopeng the news, the two did not speak for a long time.
?Yongfu, are you willing to join us? Suddenly, He Xiaopeng raised his head and asked Yu Yongfu seriously.
?I was surprised and pleasantly surprised at the same time, because maybe I had a new entrepreneurial opportunity. I felt happy and relieved from the bottom of my heart.
?So, Yu Yongfu nodded and agreed on the spot.
?As an investor, I took off my suit and actually went swimming for the first time.
?Yu Yongfu said that when he was an investor in the past, he always stood on the shore and watched others swim. Only when he actually led the team did he realize that a lot of problems were before him.
As an excellent team leader, Mr. Yu Yongfu has successfully led the changes in UC Youshi's business model, corporate management, team building and capital operation in the past two years, making the company's strategic planning, corporate management, talent
Great progress has been made in team building and market operations.
Under his promotion, UC Youshi obtained investment from Morningside Investment and Lianchuang Ceyuan in 2007, and in June 2009, it again obtained strategic investment from Alibaba Group, Morningside Investment and Lianchuang Ceyuan.
The investment has laid the foundation for UC to further maintain its leading position in the mobile Internet market.
Biography: Born in Inner Mongolia in 1976, he moved to Tianjin with his parents.
Graduated from Tianjin Nankai University International Business School in 1999.
In early 2001, he joined Lenovo Investment and was responsible for investment in telecommunications, new media, Internet, mobile Internet and other fields, and served successively as investment manager and vice president.
In 2006, he joined UC Youshi as Chairman and CEO.
Responsible for the company's strategic planning and overall operations.
Mr. Yu Yongfu has a deep understanding of China's telecommunications, Internet, and new media industries, and has rich experience in corporate strategic planning and entrepreneurial business management.
As an excellent team leader, Mr. Yu Yongfu has successfully led the changes in UC Youshi's business model, corporate management, team building and capital operation in the past few years, enabling the company to achieve more than 100 times its business in the past three years.
growing up.
At the same time, with the efforts of the team, UC Youshi received angel investment from well-known IT entrepreneur Mr. Lei Jun and others in December 2006, and in 2007 received investment from two well-known venture capital institutions, Morningside Investment and Lianchuang Ceyuan.
Supported by Alibaba Group in 2009, it reached a strategic investment cooperation with Nokia Growth Partners in 2010, and received investment support from the famous venture capital institution GGV.
In November 2010, Mr. Yu Yongfu led the UC team to win the 2010 Zhou Guangzhao Foundation Science and Technology Award Fund Applied Science Award, creating the history of this academic award being awarded to information technology companies.
On June 11, 2014, UC Youshi fully integrated into the Alibaba Group and established the Alibaba UC Mobile Business Group.
Yu Yongfu, the former chairman and CEO of UC Youshi, serves as president of UC Mobile Business Group and joins the strategic decision-making committee of Alibaba Group.
On March 13, 2015, Alibaba Group CEO Lu Zhaoxi announced the appointment of Yu Yongfu as President of AutoNavi, who will be fully responsible for the overall business of AutoNavi. AutoNavi still maintains independent company operations. The appointment will take effect on March 15, 2015.