Yu Minhong: If I had met Jack Ma earlier, I would have been a major shareholder of AlibabaOn April 11, 2016, Yu Minhong, while giving a speech at the Three Gorges University in Yichang, reminisced about the founding of Alibaba by Jack Ma in 1999, his fifth entrepreneurial venture. At the time, Jack Ma was struggling to raise the 500,000 yuan needed to establish the company, while New Oriental, led by Yu Minhong, had 50 million yuan in cash on hand...

"With Hui Along" by Dong Yuhui: Can Yu Minhong's "Divide and Conquer" Strategy Work?The rise of Oriental Selection has brought Dong Yuhui, its popular livestreamer, into the spotlight, and once again placed Yu Minhong, its founder, at the center of public attention. Is Dong Yuhui's success due to his personal charisma or the platform's advantages? To answer this, Yu Minhong has adopted a "divide and conquer" strategy, separating Dong Yuhui from Oriental Selection and establishing "With Hui Along," an independent livestreaming account...