VIP Class Notes (Tibo) [S/W]

Review past tense and practice

Write about your past

Dowsure has been through 3 rounds risk investments, of hundreds of millions of yuan, providing all range protection for the plenty of short-term orders of crossborder e-commerce. There are hundreds of enterprises collaborated with Dowsure in the world including: crossborder e-commerce, logistics, sellers, warehousings, manufacturers, suppliers and so on. The enterprises include: EMS, COSCO, SF Express, Sto Express, Yuntu Express, Yanwen Express, OMALL, B&G, Xiao hong chun, NIHAO Italy, Eccang, Wuhan East Lake Comprehensive Bonded Zone and so on.

Dowsure has been through 3 rounds of investments and has received hundreds of millions of yuan.
We provide  a wide range of protection for plenty of short-term orders of crossborder e-commerce.

There are hundreds of enterprises such as manufacturers, sellers and suppliers collaborating with Dowsure in the world on crossborder e-commerce, logistics, warehousings, and so on.
Our clients include: EMS, COSCO, SF Express, Sto Express, Yuntu Express, Yanwen Express, OMALL, B&G, Xiao hong chun, NIHAO Italy, Eccang, Wuhan East Lake Comprehensive Bonded Zone,…

Hello everyone, I’m ___ from Dowsure.

I’ll bring you a brand new market: crossborder ecommerce insurance.

Let me tell you a story.

Alibaba’s taobao, it only took 6 years, the ecommerce insurance revenue grew from 0 to $1b last year. It’s the biggest online insurance market. 300m of sellers and customers bought this insurance.

When it comes to cross-border ecommerce, the market is getting larger, needs are stronger/needs are increasing

 The market was valued at $23b worldwide (year??)

We can see, the pain points and risk are everywhere in the industry. Long processes, Lack of services, no trust, higher costs. The industry need a solution.

This is the supply chain. We identify, select and assess risks of the value chain, we design digital insurance solutions to cover the needs. Provide a full coverage, protect the whole process. From product, shipping, customs clearance, services and  credit.

How can we do that? By building a digital global protection network with our insurance partners.

Then we use our APIs, plug-in our services everywhere in crossborder ecommerce.

We store the data on the blockchain, making it reliable and trustworthy for insurers.

Using dynamic pricing for/on each order, seller or buyer, we make the whole business model sustainable and profitable.

And the plugin is very simple, just plug and play. We make it available anywhere, anytime.

Why (do) you need this?

For ecommerce, you get higher satisfaction, lower cost, more orders. The best part is, it’s free! They don’t have to pay us. (We even give them a share. ?????) The sellers or buyers pay us when they need it.

Why are they paying? They just pay a very small amount of the order’s price, 1% or 2% and they can get a whole coverage, with a local services. Everyone in the world can enjoy our services.

For insurers, we bring customers, new businesses, revenues.. Partnering with us is quite easy and pleasant, you just sit here, drink a cup of coffee. We will do the rest.

Everybody wins. Isn’t this a great business?

We have covered 10m orders, 8m global users, hundreds of ecommerce partners, including US partners. This year we expect it to be 10 times lager than last year.

Our founders worked in Ping An Insurance and IBM as a consultants. You may think why should I believe this Chinese guy? Ask Plug and Play! They invested in us last year, and want to invest more.

(We use the most up to date technology,)
We have HTML5 apps and SaaS platform.

We have partners all over the world. The big ones like PICC. We decided to establish a US company to receive funding, operate a US business, to make US-based ecommerce better and safer.

 We also look for POCs. Thank you!

Of course, we only need a global carrier (???). We have less than 1% of the whole market, we hope to reach 10% in the coming years it will bring us and our partners a huge success.

we have some investments from investment companies

through transport company to your place.; we can provide different insurance products to protect they can receive it safely.
She don’t like to reading and writing because in China the English training have a lot of exercises and tests so she don’t like it.

I have my partner speaking when he attends a meeting and he wants to know that his introduction if it is ok or great.
so he sent to me.
His English better to me.

He is my IBM colleague and we worked together several years. He left IBM and built up a company 6 years ago One day he have a new idea about auto insurance when he told me but I think I have no idea, I have not familiar with auto insurance. I think I have a lot of problems when my shopping so I suggest we can created e-commerce insurance products and we built the company.

we have/receive some investments from investment companies

Products are shipped through transport companies to your place.; we can provide different insurance products to make sure you can receive them safely.
She doesn’t like reading and writing because in China the English training has a/uses lot of exercises and tests so she doesn’t like it.

I have my partner‘s speech/script when he attends a meeting and he wants to know if his introduction is ok.
so he sent it to me.
His English is better than me.

He is my IBM colleague and we worked together several years. He left IBM and built up a company 6 years ago. One day he had a new idea about auto insurances when he told me and  I thought I am not familiar with auto insurances/with the auto insurance market. I thought I have a lot of problems when I’m shopping so I suggested we could create e-commerce insurance products and we built the company 3 years ago.

Vocabulary

transport company / logistics company/shipping company : 快递公司
EMS is a popular transport company.

conference会议
I went to America to speak at a conference on cross border insurance.

script : base of a speech
The actor forgot the script and couldn’t say anything.

Grammar

leave (leave left left)

Live (live lived lived)