Gaocheng Capital Website – Legal Notices and Terms of Use

By entering our website (“site”), you acknowledge your agreement with and understanding of the following Legal Notices and Terms of Use pertaining to this site including all material on it. These legal notices may be updated by us at any time. Your continued use of the site after any such modifications shall constitute your acceptance of these legal notices and terms of use. If you do not agree to receive these legal notices and to abide by these terms of use for any reason, please do not use this site.

No Offer or Advice

The website and the information contained thereon are not intended for and are not directed at the public; instead, the website and the information is accessible to you only upon your own initiative, and is intended to provide general information to corporations and professional market participants only.
You acknowledge that the content of this site is for general, informational purposes only in order to provide general information about Gaocheng Capital. You acknowledge that the content of this site is not intended to constitute an offer to sell or buy any securities or promise to undertake or solicit business and may not be relied upon in connection with any offer or sale of securities. An offer or solicitation will be made only through a final private placement memorandum, subscription agreement and other related documents with respect to a particular investment opportunity and will be subject to the terms and conditions contained in such documents, including the qualifications necessary to become an investor.
The website and the information contained thereon does not constitute “marketing” within the meaning of the Alternative Investment Fund Managers Directive (2011/61/EU) and as implemented in the relevant EEA member state.
Decisions based on information contained on the website are the sole responsibility of the visitor. We are not utilizing the site to provide investment, tax or other advice, and nothing on the site is to be deemed a recommendation that you buy, sell or hold any security or other investment or that you pursue any investment style or strategy. If you would like investment, accounting, tax or legal advice, you should consult with your own advisors with respect to your individual circumstances and needs.

Terms of Use

This site is operated and controlled by us in the People’s Republic of China. Due to the global nature of the Internet, this site may be accessed by users in countries other than the People’s Republic of China. We make no warranties that materials on this site are appropriate or available for use in such locations. If it is illegal or prohibited in your country of origin to access or use this site, then you should not do so. Those who choose to access this site outside the People’s Republic of China do so on their own initiative and are responsible for compliance with all local laws and regulations.
In addition, should the website and the information contained thereon be restricted by laws or regulations applicable to you in your jurisdiction, you are required to comply with any such restrictions. The website and the information contained thereon is not intended to be published or made available to any person in any jurisdiction where doing so would contravene any applicable laws or regulations. Those who access the website do so at their own initiative and are responsible for compliance with applicable local laws or regulations.

No Warranties

We have compiled this site in good faith and while we use reasonable efforts to include accurate and up-to-date information on this site, the site is provided on an “as is” basis with no warranties of any kind. We do not warrant that the information on the site is accurate, reliable, up to date or correct, that this site will be available at any particular time or location, or that this site is free of viruses or other harmful components. Your use of this site and use or reliance upon any of the materials on it is solely at your own risk.

Modifications to Content

We may, at our discretion, modify or discontinue any of the content of this site, or any portion thereof, with or without notice.

Confidentiality

All information available through the privileged area of the site is confidential and proprietary to us. This includes all investment information and results, offering materials, financial statements and other information provided through this part of the site.
You will use your best efforts to keep all this information strictly confidential. You will not disclose any of this information to any person or use it for any purpose other than those strictly permitted by us, in writing.

Ownership

All content included on this site, such as graphics, logos, articles and other materials, is the property of our organization or others and is protected by copyright and other laws. All trademarks and logos displayed on this site are the property of their respective owners, who may or may not be affiliated with our organization. Nothing contained on this site should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any content or trademark displayed on this site without the written permission of our organization or such other third party that may own the content or trademark displayed on this site.

Restrictions on Use

Our prior permission is required for (i) any commercial use of materials on this site; (ii) making more than minimal copies of site materials; and (iii) copying large portions of our site, such as by bots, robots or spiders that “harvest” the site. If you seek permission for such use of our site, please contact us at GCIR@gccapital.com. Any unauthorized use of the images may violate copyright laws, trademark laws, the laws of privacy and publicity, and communications regulations and statutes. Any unauthorized use of the images may violate copyright laws, trademark laws, the laws of privacy and publicity, and communications regulations and statutes.
You warrant that when using this site you shall not violate or facilitate any violation of any applicable local, state, federal or international law, statute, regulation, code or ordinance, including, without limitation, regulations promulgated by or the rules of any national or other securities exchange. The permission to use this site granted by this terms of use automatically terminates if you breach any of the terms and conditions contained herein.

Limitation of Liability

We are not responsible for any damages or injury, including but not limited to special, indirect, incidental or consequential damages, that result from your use of (or inability to use) this site, including any damages or injury caused by any failure of performance, error, omission, suspension, interruption, defect, delay in operation, computer virus, line failure, or other computer malfunction. We are not responsible for the reliability, truthfulness, accuracy or validity of any information published on the site, which cannot be ascribed to Gaocheng Capital. You understand and agree that your use of this site is predicated upon your waiver of any right to sue us or our affiliates directly or to participate in a suit for any losses or damages resulting from your use of this site.

Links from Other Websites

This site may contain links to, or may be linked from, other sites that are not maintained by us and to which we have not provided permission. We not endorse, have any responsibility for, or make any representations about, any other sites, including their products and services, content, communications and website use policies. We expressly disclaim any responsibility for your access to or use of such other sites.

Past Performance

Any performance data or comments expressed on this site are an indication of past performance. Past performance is not indicative of future results; no representation is being made that any investment will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided.

Data Collection

Personal data means any information about an individual from which that person can be identified.
We may collect, use, store and transfer (“process”) different kinds of personal data about you, including the following categories of personal data:

• Identity Data includes name, title, marital status, date of birth, telephone number, email address, location, postal address, information contained in government-issued identification documents such as passports, national ID cards and driver licenses (including identification numbers, social security numbers and your photograph) and information relating to background checks.

• Financial Data includes bank account details and information about your assets, income and investments including ownership records, ownership percentages and capital commitments.

• TechnicalDataincludesinternetprotocol(IP)address, mouse tracking, links clicked,yourlogindata,browsertypeandversion,timezone settingandlocation,browserplug-intypesandversions,operatingsystemandplatform,andothertechnology on the devices you use to access thiswebsite.

• Profile Data includes your username and password, your interests, preferences, and feedback responses

• Usage Data includes information about how you use our website andservices, including information gathered by cookies or other tracking technologies.

• MarketingandCommunicationsDataincludesyourpreferencesinreceivingmarketingfromusandour third parties and your communicationpreferences.

We may also collect, use and share Aggregated Data such as statistical or demographic data for any purpose. Aggregated Data could be derived from your personal data but is not considered personal data in law as this data will not directly or indirectly reveal your identity. For example, we may aggregate your Usage Data to calculatethe percentage of users accessing a specific website feature. However, if we combine or connect Aggregated Data with your personal data so that it can directly or indirectly identify you, we treat the combined data as personal data which will be used in accordance with this privacynotice.

Special Categories of Personal Data

includes personal data revealing racial or ethnic origin, political opinions, religious or philosophical beliefs, or trade union membership, genetic data, biometric data for the purpose of uniquely identifying a natural person, data concerning health or data concerning a natural person’s sex life or sexual orientation.
If you provide us with sensitive personal data or we obtain it from a third party, we will process such sensitive personal information only as permitted under applicable laws and regulations and where we have established a lawful ground for such processing. For instance, it may be possible for us to process sensitive personal information where it is necessary for the establishment, exercise or defense of legal claims, the administration of justice, or for reasons of substantial public interest, or where processing of sensitive information is otherwise authorized by applicable laws or regulations.

Cookies and Similar Technologies

As you interact with our website, we will automatically collect certain technical data about your equipment, browsing actions and patterns. We collect such data by using cookies, server logs and other tracking technologies. We may also receive technical data about you if you visit other websites employing our cookies.

Governing Law

You agree that your use of this site and any disputes relating to any of them shall be governed in all respects by the laws ofthe Cayman Islands. Any dispute relating to the above shall be resolved solely in the courts of the Cayman Islands.

Contact Information

Thank you for visiting our site. Please contact us at GCIR@gccapital.comif you have any questions about our site, the legal notices or terms of use. Electronic mail or other communications through this site to Gaocheng Capital (or any of its employees, agents or representatives) are not secure and we do not guarantee the confidentiality of such communications.

NEWS > Gaocheng Capital led series C financing of Qmai Technology – leader of the next generation operating model

Gaocheng Capital led series C financing of Qmai Technology – leader of the next generation operating model

2022.02.28

Gaocheng Capital is pleased to announce the successful closing of its investment in Qmai Technology’s Series C round. Qmai is a SaaS company dedicated to the operation of merchants’ private traffic, helping merchants transforming to the next-generation operating model.


// What is the next-generation operating model?


In recent years, along with the development of technology, almost all industries have entered the stage of digitalization. The pandemic has no doubt accelerated the process. Deeply influenced by the Internet-way-of-thinking, the new generation of consumer groups, their consumer scene and consumer psychology are very different from those in the past. The focus of offline store management has also shifted from daily operations to enhancing user experience.


In the traditional way of store management, merchants focus on the management of the “market”, open the door and passively wait for customers to visit. Products are managed manually and systems are fragmented and disconnected. For instance, POS only solves cashier and reconciliation problems, and Member systems only solve user management and marketing problems. Data is not shared among multiple systems and can be isolated. Even if the store precipitates a large amount of data, it is unable to unearth its value. The old way cannot keep up with today's digital development.

In the current new generation of consumption scenarios where "online + offline" is deeply integrated, the choice of a new generation of business models has become the key to store management. Take custoner management as an example, the new generation of customers like to be different and are willing to pay for the ultimate experience, but are also easy to be influenced by social media, and will conduct high-frequency consumption based on their own preferences. Targeting such consumer groups, the operation of the store also needs to be smarter.

For example, on the multi-terminal contacts of customers, Qmai customer center helps merchants to realize rich and diversified personalized services, including personalized applet style, personalized meal pickup experience, and personalized content display of receipt and cup stickers, allowing personalized user experience to accompany the entire journey of customers.

// How does Qmai Contribute to the "Next Generation of Business"?

As a leading enterprise of the new generation of business models, Qmai has been deeply engaged in the field of store management for many years, closely following the development trend of the industry in the wave of digitalization. Focusing on consumers, Qmai excavates the demands and transaction scenarios of the new generation of users, helps merchants in multi-dimensional aspects such as products, performance fulfillment, cashier, payment reconciliation, BI, electronic meal order, delivery, customer care, user stratification, etc., connecting multi-channel data and traffic, empowering brands to make business decisions, assisting brands in completing the upgrade of new generation of operation modes, and promoting sustainable growth of performance.

For example, at the customer level, from the end of 2021, Qmai has updated its membership system and redefined the customer center. In addition to tapping customer data from all channels, Qmai has also built complete customer operation capabilities in terms of level/tagging/marketing/tasks/messages/data, in the hope to build more comprehensive, richer and smarter user operation solutions for merchants, and provide comprehensive and refined services for the next generation of operations.

// What brands have taken the lead in entering the next generation of business models?

The top brands always tend to be more sensitive to the direction of the market. While some brands are still using the traditional operation mode, chain brands in sub-sectors such as new-style tea, fast food, bakery, and other chain brands have taken the lead in entering a new generation of business models.

Qmai has been committed to creating a win-win situation with customers, exploring the new era business models together, providing consumers with "more fun, warmer and more convenient" services and experiences, and brainstorming with these brands to define the "new generation business models".

According to data, Qmai has provided business model upgrade services for nearly one thousand chain brands and more than 300,000 stores in China, among which, the top brands occupy relatively high proportion. The customers of Qmai include AUNTEA JENNY Fresh Fruit Tea, LELECHA, Yi He Tang, Uncle Q Lemon Tea, Country Style Cooking, Yonghe King Catering, Old Uncle, Sister and Brother Potato Noodles, Mr. Li Beef Noodle King, Rice Space, Ziyan, Juewei Duck Neck, Mo Mo Dim Sum, 85°C, Aida, etc. The customers’ industries cover tea drinks, Chinese fast food, braised food, bakery and so on.


In the process of serving these brands, the team of Qmai has won the unanimous recognition of customers with the concept of new generation of business models, competitive product technology and professional services.

The head of the digital operation team of AUNTEA JENNY Fresh Fruit Tea, a new tea brand with over 4,000 stores nationwide, mentioned that:

“The new-generation business model of Qmai provides AUNTEA JENNY Fresh Fruit Tea with industry-leading concepts and strategy. We appreciate the support provided by Qmai in terms of product technology, team services, user operation and so on. We believe that Qmai will be better and better in the exploration of new generation of business models!”

Ziyan, a braised food chain brand, has also praised Qmai team:

“Qmai has won our trust with comprehensive products, professional services and energetic team. During the cooperation, we have clearly felt that Qmai team adheres to the principle of "customer first". In terms of product development, functional iteration, online support and follow-up maintenance, Qmai team can provide timely, effective and comprehensive support.”

Country Style Cooking, a Chinese fast food brand, also gave full affirmation to the products and services of Qmai:

“We can fully understand that Qmai’s thinking is based on user details, and the systematic, holistic and experiential nature of its products to users have given us a better understanding of operation. The R&D implementation team of Qmai participates in the work with the mentality of "pragmatism", "entrepreneurship" and "hard-working". It is a reliable team!”

// Qmai continues to lead the next generation of business models

Mr. Youyun Wang, the founder of Qmai Technology, said that this round of financing will accelerate the R&D and product development, help Qmai keep up with market changes, provide customers with more advanced store management solutions, and support customers' operation needs in all aspects as much as possible. At the same time, Qmai will also set up wholly-owned subsidiaries in more than 10 cities nationwide, which will be closer to customers and provide more personal operation services, becoming the best partner for customers to move from traditional business models to a new generation of business models in the digital age.

In terms of team building, Wang Youyun said that "Qmai is recruiting people for all positions. The company culture is simple and the atmosphere is friendly. We continue to welcome all kinds of excellent candidates with like-mindedness to join us to create better products together, and help the stores upgrade the new generation of business models." At present, Qmai has more than 300 employees, 70% of whom are production and research personnel.

// How does Gaocheng view the "next generation of business operations"?

Over the past three years, with its excellent product experience and strong operation and management capabilities, Qmai has been firmly in the leading position of this industry, maintaining a year-over-year growth rate of more than 250%, with monthly transactions exceeding RMB 5 billion yuan and serving nearly 500 million end users.

Ms. Jing Hong, the Founding Partner of Gaocheng Capital, said that Gaocheng has long focused on the innovation in the field of retail technology and traffic operation. We are optimistic on the growth potential of chain business in China and are convinced by the innovation of Qmai in the next generation of business operations. Gaocheng’s investment to Qmai represents an important scheme in this field. After this round of investment, Gaocheng will continue to add value for the company, and support Qmai to further improve its product matrix, improve organizational capabilities, and empower more offline merchants to realize efficient digital operation for users across this industry.

Legal Notices and Terms of Use© 2019 gaochengcapital.com 版权所有
ICP证:浙ICP备19005283号-1