**Original Title: 2018 Internet Migration (Part 1): Where Did You Leave the Daxie and Flee the Mobile Phone?**
In 2017, the pace of technological development accelerated dramatically. Mobile phones, express delivery, and food delivery services became faster and more efficient, while AI and new technologies were on the rise. We used to be just consumers, but now we are all data points in an ever-expanding digital ecosystem. The internet connected industries and ecosystems, creating a new wave of migration. People rushed to the "estuary" of opportunity, some leaving their old positions, others making bold moves.
In 2017, we witnessed the painful transformation of traditional industries and the rapid growth of emerging sectors. Some people left the industry, while others made impressive career shifts. Some ventured into new markets, while others took different paths. The movement of talent became a daily occurrence, reflecting broader trends in consumption upgrades, industrial evolution, and commercial restructuring.
As the internet continued to evolve, the migration of major players was evident. In the Southern Metropolis, among the top 10 internet giants, the mobile phone industry saw the most significant number of departures. Internet-based car manufacturers emerged as a popular trend, followed closely by AI. These movements gave us a glimpse of the direction of China’s tech industry in 2018. Next week, we will continue this series, exploring potential risks and predicting the future of the digital economy.
**ZTE Veteran Zeng Xuezhong: Making Chips for Spreadtrum**
From joining ZTE's marketing department in 1997 to moving to Ziguang Group in 2017, Zeng Xuezhong's 20-year career paralleled ZTE’s own journey of growth and innovation. In 2014, he became the youngest executive vice president at ZTE, leading the terminal division and earning the nickname “Zeng Billion†for his impressive sales achievements. However, with the mobile phone market becoming increasingly competitive, he decided to step away from the sector.
In April 2017, Zeng resigned from ZTE and later joined Spreadtrum as CEO. Spreadtrum, part of Ziguang Group, is a global leader in low-end processor chips. While it faces competition from giants like Qualcomm and MediaTek, it also faces challenges from rising domestic brands like Huawei and Xiaomi. Zeng’s move into the chip industry signals a shift in strategy, but the road ahead remains uncertain.
**“The First Person in Smart Travel†Li Bin: Building a Car from a Car Salesman**
Li Bin started as an entrepreneur and later became an angel investor, backing companies in ride-sharing, used cars, and bike-sharing. In 2018, he returned to the spotlight as the founder of Weilai, a smart car company. His approach mirrors that of Lei Jun, building an ecosystem through strategic investments and partnerships.
Building a car requires decades of expertise in manufacturing, supply chains, and distribution—areas where the internet may not offer direct advantages. Yet, Li Bin’s method of leveraging his network and focusing on key partners suggests a path forward. Behind him are big names like Ma Huateng, Lei Jun, and Liu Qiangdong, highlighting the power of collaboration in the evolving tech landscape.
**World-Class AI Expert Lu Qi: All-In on Baidu Apollo**
Lu Qi, a renowned AI expert, joined Baidu in 2017 after leaving Microsoft. As COO and head of Baidu’s autonomous driving division, he has played a key role in advancing the Baidu Apollo platform. With companies like Weilai entering the scene, the race for smart mobility is intensifying. Baidu’s investment in Weilai and its focus on AI-driven vehicles show a clear ambition to reclaim its position in the tech industry.
**Tencent’s Xiong Minghua: Pursuing AI in Smart Cars**
Xiong Minghua, former CTO of Tencent, now serves on Weilai’s board, focusing on autonomous driving and intelligent systems. He previously led Seven Seas Capital, investing in AI and IoT. His move into the automotive sector reflects a growing trend of tech veterans transitioning into smart mobility.
**“China’s Sister†Qian Zhiya: From Ride-Hailing to Coffee**
Qian Zhiya, once COO of Shenzhou, left the company to launch RuiXing Coffee. Drawing on her experience in operations and service excellence, she aims to compete with Starbucks. Her focus on quality and detail aligns with the values of her previous work, showing how skills from one industry can be applied to another.
**Zhou Hang’s “Easy to Helpâ€: From Taxi to Education and E-Commerce**
After the collapse of Easy to Help, Zhou Hang and his team explored new ventures in education, e-commerce, and investment. Their journey highlights the resilience of entrepreneurs who adapt and reinvent themselves in a fast-changing environment.
**Liu Jiangfeng: From Smartphones to Smart Homes**
Liu Jiangfeng, once a top executive at Coolpad, transitioned to the smart home sector. With the smartphone market saturated, he sees great potential in smart locks and home automation. His vision is based on the massive replacement demand for locks in China, offering a promising new market.
**He Xiaopeng: From Browser to Car Maker**
He Xiaopeng, once a key figure at UCWeb, made a dramatic shift from the internet to the automotive industry. Joining Xiao Peng Motors, he focused on marketing, hiring, and fundraising, aiming to build a new smart car brand. His journey exemplifies the bold moves of tech entrepreneurs seeking new frontiers.
**Du Jingyin: From Telecom to IoT**
Du Jingyin, a veteran in telecom, shifted his focus to the Internet of Things (IoT) and smart terminals. With the IoT market booming, he founded HOSAN Terminal, targeting smart devices and applications. His move reflects the growing importance of connectivity across industries.
**Tuniu Executives: From Travel to Finance**
Yan Haifeng and other Tuniu executives left the company to co-found Little Blackfish Technology, a fintech platform. Their move highlights the convergence of travel, lifestyle, and finance, as well as the increasing opportunities in the financial technology space.
**Conclusion**
The year 2017 marked a turning point in the tech industry, with many professionals shifting careers, exploring new industries, and redefining their roles. Whether it was moving from mobile phones to AI, from ride-hailing to coffee, or from telecom to IoT, these transitions reflect a dynamic and rapidly evolving landscape. As the digital economy continues to grow, the next chapter of internet migration promises even more change, innovation, and opportunity.
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