After ~¥100M burned and ~1,800 cuts, Luo Xu admitted he was wrong
From refusing DingTalk’s ISV offer and fighting a free war, to burning ~¥100M, cutting ~1,800 people, and a 2.5-minute cardiac arrest: Luo Xu’s Fenxiang story is not three neat moat swaps—it is how partial success made admitting the wrong battlefield almost impossible, until reality forced the cut.
Aug 12, 2026
