Takeaways:
- Group classes are on the rise
- Localization is key to the success of the American tech company in China
- More boutique studios with professional couches coming in
- In China, there is still a very low penetration rate for the fitness industry
- Traditional big open-space gyms are struggling with their current business models focusing only on long-term membership
- ClassPass in 30 countries, but only in China ClassPass operates in a different way
- At ClassPass the management saw the China team as an experimental project
Simon Wang is a senior executive with diversified industry experiences. He has plenty of experience leading the business, design, and product teams in both multinational and local enterprises with outstanding achievements.
With his computer science background, he has always been committed to using technological innovation to break through industrial barriers and optimize the user experience.
Between Meetings is a series of on-the-go interviews in which we discuss innovation, technology, and entrepreneurship. Our guests are industry leaders, entrepreneurs, and corporate innovators. We catch them between meetings. In a car ride across town, they share inspiring stories, personal experiences, industry insights, and practical advice on how to scale your way to success.
🎙 Follow the host Marian Danko on LinkedIn.
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🎙 Follow the host Marian Danko on LinkedIn.
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