Rebirth starts from e-commerce

Chapter 197 Li Shan's Worth

The promotion of variety shows such as If You Are the One, as well as the promotion of various online forums, all concentrated in this 618 event, and more than 7000 juicers were sold.

After the event was discounted, each set was 2700 yuan, and the turnover was nearly 2000 million.

Adding up dozens of other electrical appliances, they only sold more than 1000 million.

Juicer is just a niche product, the market capacity is far less than other electrical products, but the reality is so magical.

This kind of high-priced product is usually reluctant to buy, but when it comes to the big promotion, I place an order on impulse.

The operation of JD.com immediately called to congratulate Pinru Electric on breaking through 3000 million sales in this event.

Luo Xiu was not polite to him either, and directly asked him when he would return the platform promotion fee.

Although I earned more than 1000 million yuan for the juicer alone in this event, I still have to cry poorly in front of the platform.

Otherwise, they will definitely try their best to squeeze more profits from the merchants.

JD.com’s 618th anniversary celebration event has allowed Pinru Electric to sell more than 3000 million units in one event, which is definitely worth bragging about.

It's just that in terms of publicity, Brother Dong is still far behind, and he didn't know how to build momentum afterwards.

After this event, even e-commerce insiders mostly didn't know how the sales were.

No wonder Double 11 became so much more famous than 618 later.

For Luo Xiu, to earn so much money at once, it is still necessary to hold a celebration party.

By the way, I also called the people from Fantuan to inform everyone about the plan after financing.

In order to accommodate the employees of the three companies, Luo Xiu even borrowed an auditorium from the school.

In the afternoon, employees have already entered the venue one after another.

Among them, all the e-commerce department attended, and Fantuan.com and the electrical appliance factory sent representatives to attend.

There are less than 300 employees in total, but the auditorium that can accommodate 2000 people is full.

It turned out that many students and teachers in the university town heard the news, and they also came in to listen.

The meeting begins.

Luo Xiu walked onto the stage confidently with a microphone in his hand.

"Everyone, good afternoon! I'm Luoxiu."

There was a round of applause at the scene.

After the applause, the whispering voices in the venue have not quieted down.

There are too many students who come to observe, and there is no teacher to maintain discipline, so this phenomenon will naturally occur.

"Today's meeting is mainly to draw big cakes for everyone...not...it is mainly to hold a commendation meeting."

Luo Xiu deliberately made a slip of the tongue, causing laughter at the scene, and everyone's attention was focused on him.

"In the past six months, both Pinru and Fantuan have achieved good results. The main purpose of today's meeting is to show these achievements and brag about them."

At this point, the audience has basically quieted down, wanting to hear how he plays.

"First of all, I want to talk about our Pinru Electric Appliances. At the beginning of the year, we acquired Yucheng Electric Appliance Factory and changed its name to Fengcheng Pinru Electric Appliances Co., Ltd. Currently, half of Pinru Electric's products are self-produced and sold.

We have intensified our efforts in independent research and development, and the new juicer has been a great success. In the 618th anniversary celebration of JD.com that just passed, 7420 juicers were sold, with a total transaction value of more than 2000 million. "

As soon as the number was said, the audience was in an uproar.

More than 2000 million may be nothing more than a flat in the city center in the future, but in the minds of these students now, it is a figure that cannot be spent.

Then Luo Xiu introduced categories such as men's and women's clothing, shoes, bags, etc., which shocked everyone's nerves again and again.

As for the big brands operated on behalf of Nike and Procter & Gamble, they did not spend too much time introducing them.

For Luo Xiu, these brands are just a tool to make money, and they don't give him a high sense of accomplishment.

"Everyone can see that our Pinru e-commerce business has made so much money, but don't forget that we still have another product that loses money, and that is Fantuan.com."

The words "losing money" made everyone laugh out loud.

Fantuan started to make a fortune in the university town, and most of the students use it to order food or buy daily necessities.

Students couldn't be more familiar with this site.

Everyone also knows that Fantuan.com often distributes large coupons, which is simply doing charity.

"On this money-losing product, the current valuation is 2 million U.S. dollars."

As soon as Luo Xiu finished speaking, the students below suddenly exploded, whispering to each other:
"Are you kidding me, just build a website and get more than a billion Chinese dollars?"

"Who gave this valuation? Is there any authoritative proof?"

"Hasn't Fantuan been subsidizing and losing money? Why is the valuation so high?"

……

After Luo Xiu calmed down, he continued: "We have just sold 10% of the shares and received 2 million US dollars in financing. Now the total valuation is 2 million US dollars, and at the same time, our founding team has gained tens of millions of worth."

A graph appears on the screen.

Fantuan original shareholder structure:

Luo Xiu: 90 common shares, accounting for 000%
Li Shan: 7 common shares, accounting for 000%
Zhao Jianye: 3 common shares, accounting for 000%
There were only three original shareholders, not even Guan Shiyu.

Both Li Shan and Zhao Jianye joined from scratch. In the early stage, the two of them were mainly working on this project. One was in charge of business and the other was in charge of technology.

Especially Li Shan, who jumped from pinru to fantuan in the early stage, and was responsible for the size of the rice ball.

During this period, he watched the original e-commerce team distribute bonuses again and again, while he did the most tiring work and got the least money.

It can be said that without him, Fantuan.com would not exist.

If Onigiri ultimately fails, he has nothing.

Fortunately, at this stage, he is half successful.

"The investors in the A round required to issue 5% options to the management team before the financing, so our equity structure has changed a lot after the financing."

Luo Xiu turned to the next PPT page.

Luoxiu: 90 common shares, accounting for 000%, valuation: 000 million US dollars

Li Shan: 7 common shares, accounting for 000%, valuation: US$000 million

Zhao Jianye: 3 common shares, accounting for 000%, valuation: US$000 million

Employee stock ownership: 5 common shares, accounting for 263%, valuation: $158 million

Xiaoyu Capital: 11 common shares, accounting for 695%, valuation: 906 million US dollars

There was silence as everyone counted the zeros on the form.

Yang Tianqi and other ordinary employees of Fantuan.com are staring at the 4.5% equity that belongs to the employee's shareholding.

They are not the original shareholders, and only after working for two years can they get part of the 4.5% equity.

Yang Tianqi now has an annual salary of hundreds of thousands, while Zhao Jianye has a monthly salary of several thousand yuan, but Zhao Jianye also owns the original shares of the company.

The world is so wonderful.

Luo Xiu said with a smile: "You are not mistaken, Li Shan is now a multi-millionaire, and Zhao Jianye is also worth several million."

The audience in the audience exclaimed again.

They are already numb to how much money Luo Xiu, a monster, earns. They just don't understand why Li Shan, a part-time worker, suddenly became a multi-millionaire. exists in theory.

Luo Xiu was very satisfied with everyone's reaction, and continued: "The bragging is over, what I really want to tell you today is that you have joined a very great company, as long as you work hard, the company will definitely not treat you badly. Our corporate mission has always been only one, and that is..."

"Let every employee have a room to live in!"

Everyone shouted out together.

(End of this chapter)