On May 4, LY.com Mass Entrepreneurship Space (MES) was launched to incubate outstanding enterprises. Capitalizing on the booming tourism industry, it will develop a national innovative business incubation platform featuring "tourism+Internet+technology". Meanwhile, the LY.com Angel Fund for Mass Entrepreneurship was inaugurated to accelerate enterprises' development through "investment+incubation".

Established in 2004, LY.com is a leading on-line tourist service supplier, ranking among the top five travel agencies in the country. The MES in SIP's Creative Industry Park sits on more than 2,000 sqm, with over 200 workspaces.

Among projects incubated is the Good Mother project that aims at helping parents value their children's early reading skills by encouraging them to participate in the sessions. Family travel services are expected to be introduced later.

LY.com MES has extended widely in a number of fields, including service upgrading, big data, smart hardware, artificial intelligence, mobile Internet, Internet of Things and wearable devices.

The firm simultaneously launched the LY.com MES Business Startup Competition themed "Join LY.com MES to Accomplish Your Dream" to identify excellent projects and business startup teams.