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QiJia is a well-known internet home decoration platform in China, holding a 25.7% market share by GMV in 2017. We are the preferred platform for customers seeking home decoration services online. Our online platform connects multiple participants in the interior design and construction market, using advanced technology to match users with service providers that meet their specific needs. As a one-stop solution provider for users and partners, our mission is to make the interior design and construction process more efficient, convenient, and transparent compared to traditional markets. With rich experience and excellent market foresight, we have established a thriving ecosystem that includes over 8,083 interior design and construction service providers, covering 308 cities nationwide, with 54.31 million monthly unique visitors as of May 2018. We have established operations in 178 cities nationwide through self-operated home decoration business and franchising models. Our core business is the renovation platform, which provides important value-added services to users and renovation companies. Our platform is also an efficient and cost-effective way for renovation companies to attract new customers. In addition to connecting renovation companies with clients, we standardize and simplify the communication methods between clients and renovation companies on the platform, helping renovation companies enhance their capabilities and improve customer satisfaction. Given the diverse needs of many users, we have established two full-service home decoration brands: Borosen, focusing on individual consumers, and Jumei, which provides home decoration services for residential developers and serviced apartments. Anticipating the huge growth potential of the internet home decoration market in China's third and fourth-tier cities, we have specifically established a franchising brand targeting these markets - DianShang. Renovation companies in our supply chain can order a variety of high-quality building materials, auxiliary materials, and decorations directly from manufacturers through our platform. Our supply chain network includes well-known domestic and international brands as well as local cost-effective brands. We have strict manufacturer selection policies covering their ability to handle orders, arrange deliveries, and warehouse space.
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