Reborn in 08, a heretical cultivator starting a business

Chapter 114 YouTuan invests 4000 million in food testing, making Alibaba a huge victim!
"What? YouTuan Technology's daily revenue exceeded 100 million? That can't be true, can it?"

The senior management of Renren.com were all taken aback and filled with disbelief.

This is so scary!
Dai Hede gave a cold laugh: "How could it not be?"

"You don't actually think that with U-Group International's daily active users increasing by millions in a single day, all those people are only buying baby and maternity products? And not cosmetics? Not iPhones or other 3C digital products?"

"You're not going to play 'WeChat Farm' and not want to subscribe or recharge?"

Everyone suddenly realized, "So that's actually quite possible."

"The revenue that a single user brings to YouTuan Technology comes from multiple sources!"

"Wow, over 100 million in revenue in a single day, that's fucking enviable!"

"Envy is useless. Renren.com doesn't have an e-commerce platform, so we can only watch helplessly unless we create our own e-commerce platform!"

"That makes sense. Even if e-commerce platforms make a small profit, they still earn more than social games that require in-game purchases."

"That's right! Our Renren.com has 30 million users. If we don't do vertical e-commerce and monetize our traffic, it's a waste of resources!"

"Especially given the current boom in imported maternal and infant products, if we learn from YouTuan International and also focus on vertical e-commerce for maternal and infant products, and negotiate to become agents for brands such as Wyeth, Mead Johnson, Abbott, and Dumex, we can definitely make a lot of money!"

Sun Yizhou was moved, completely moved:

"Okay, immediately establish the campus network e-commerce business unit to do vertical e-commerce! Also, the work on creating a knock-off of 'WeChat Farm' needs to be accelerated."

"We aim to launch 'WeChat Farm' and the campus-based vertical e-commerce platform together by the end of September!"

"Yes!" everyone responded.

Only Dai and De were momentarily overwhelmed.

The on-campus vertical e-commerce platform will be launched by the end of September, but "WeChat Farm" definitely won't be launched!
To this day, the code obfuscation for "WeChat Farm" is still not resolved...

He already knew that it wasn't a simple code obfuscation technique at all, but a highly complex one!

Both Keda and De have given their assurances, saying they can definitely reverse engineer it, find shortcuts, and launch it within a month!
Now that so much time, energy, and resources have been spent, we can't just suddenly tell Lao Dong, "I was wrong, I can't handle reverse engineering... Let's start from scratch, we can finish it in three months and launch it in December!"
That would put the school's intranet in danger.

He would also be severely scolded by Sun Yizhou and fired on the spot!
Left with no other choice, Dai and De had to take a gamble and grit their teeth and continue the reverse engineering.

He had no way out!
If it can ultimately be done, even if it's only launched in mid-October, that would be fine.

If it can't be done, then there's nothing we can do.

We can only hope for good luck and that the problem will be solved soon.

U-Tuan Technology is getting busier and busier.

Orders are increasing, revenue is rising, and the order surge is becoming more and more severe!

Everyone at YouTuan Technology is busy.

The operations and maintenance department is under immense pressure as the number of servers continues to increase.

The customer service department is working non-stop and is still overwhelmed with the huge influx of traffic and inquiries!
Wang Junshan had to recruit another batch of e-commerce students from Binzhou University to intern at YouTuan Technology as customer service representatives.

The same applies to the logistics department.

Students from the Logistics Department of Binzhou University have gone back to rest, while students from the Marketing Department have returned to work.

The school urgently adjusted the courses in three departments, changing teaching directly into internships!
The students had no objections to this.

Logistics students, in particular, said that at YouTuan Technology, they can learn a lot from packing and shipping, the pay is good, the food is good, and they even get academic credits. It's a truly excellent internship!

For a time, students from other majors in the School of Economics and Management were also interested.

They even actively applied to join.

The school naturally welcomed this, and U-Tuan Technology did not object.

With these students interning, we were much more at ease dealing with the continuous surge in orders.

Wang Junshan visited the purchasing department again:

"Increase the purchase volume and continue to urge the major manufacturers to ship the goods ahead of schedule!"

Even if they had previously stockpiled 1.8 million yuan worth of goods, that's still equivalent to 3.6 million yuan in sales revenue.

However, the current sales momentum is too strong.

I thought it could last for three weeks, but judging from the current trend, it won't even last two weeks!
They might even sell out in just over a week.

We had to place additional orders and ship them ahead of schedule!

Fortunately, we signed an anchoring contract when prices were low, otherwise prices would have skyrocketed.

Wang Junshan didn't get home until late at night after being busy.

early morning.

Lightning flashed and thunder roared, and a sudden downpour began in Binhai City.

Shen Huaijin tossed and turned, unable to fall asleep.
"No wonder the chairman is so bullish on imports that he insisted on increasing his holdings despite opposition."

"So they knew about this all along and that's why they made arrangements in advance."

"But he could have done so much more, saved so much more..."

"No, it should be that he did it a long time ago, but this matter was too big for him to control."

"It must be so!"

Shen Huaijin's mind was racing, but he couldn't fall asleep no matter what he did.

I got up and went next door. After a moment's hesitation, I gently knocked on the door.
"Boss, are you asleep?"

Last night, Sanniu went bankrupt, and today YouTuan Technology is experiencing a surge in orders!

How could Wang Junshan possibly sleep?

"What's wrong?" Wang Junshan opened the door.

"Boss, I can't sleep. Can you talk to me?" Shen Huaijin couldn't help but ask.

"come in."

Wang Junshan handed Shen Huaijin a bottle of milk.

"Thank you."

"Because of the San Niu scandal?"

"Yes, boss, did you already know?"

Wang Junshan nodded: "I had seen related reports before, but I didn't pay much attention to them. In June, I saw some more reports, so I arranged for someone to test it, and the results showed that there was indeed a problem."

"I see. No wonder YouTuan International only deals with imported brands."

"Vipshop has domestic products, but we don't even consider domestic mother and baby products!"

Shen Huaijin understood everything in an instant, but hesitated to speak.

"Just ask me whatever you want!"

"Okay." Shen Huaijin nodded: "Boss, didn't you take a series of actions a while ago, including reporting...? It wasn't until recently that it was taken seriously and completely exploded!"

Wang Junshan sighed: "This is already considered fast. There are many things that are beyond our control. The rules of the adult world are completely different from the rules of the fairy tale world."

"Okay, I understand." Shen Huaijin nodded.

"We at YouTuan Technology are doing our best to help others, which is already excellent. It's just that those children are so pitiful!"

"It's indeed pitiful, but some things are beyond our control. However, you can think about how we can do better or more effectively deal with such situations through this experience!"

Wang Junshan said meaningfully, "There's no point in dwelling on past pain. The key is to learn from our mistakes and take preventative measures."

"Food safety is a major issue, and it's not just about this one category."

Shen Huaijin understood what Wang Junshan meant:
"Boss, we can use this incident to establish a professional testing agency to conduct random checks on all the products we sell. By increasing the frequency of these checks, we can give consumers more peace of mind and prevent problems before they occur!"

"Good, I'll leave this to you."

Wang Junshan pulled out a business plan and tossed it over. Shen Huaijin glanced at it and saw it was titled "Guiding Opinions on the Construction of Future Technology Testing Institutions!"
Gas chromatograph for detecting pesticide residues and additives.

A liquid chromatograph for detecting trimer and antibiotics.

An atomic absorption spectrometer for detecting excessive levels of heavy metals.

Microbial incubator for detecting total bacterial count and Escherichia coli.

And ultraviolet spectrophotometers for routine physicochemical indicators...

All of them have clearly defined requirements.

Clearly, Wang Junshan had made preparations in advance.

Food safety is of paramount importance.

Wang Junshan didn't want the quality of what he ate in the future to depend entirely on luck and his stomach's tolerance.

Instead, increasing testing and random checks is the key.

Subsequently, U-Group International and Vipshop will not follow the PDD route, but instead focus on quality!
Including YouTuan group buying, the price may be a little more expensive than QianShiYouShang, but the quality is much better and can be compared with chain supermarkets.

To put it simply, what YouTuan Group Buying aims to do is to offer quality comparable to supermarkets, but at 80-90% of the supermarket price.

Of course, after Meituan Youtuan ceased operations, only one player remained in the market. Regardless of the quality, prices also went up, and many products were not much worse than those in supermarkets.

Businesses are profit-driven; there's no way around it, especially after a monopoly is established.

Shen Huaijin looked at the proposal and was extremely excited:

"Even if it costs millions, it's worth it to establish our own testing facility. Then all products can be tested, making them safer and more reliable!"

Wang Junshan laughed: "A few million? Who do you think you are? The entire project's investment is 4000 million!"

"What! 4000 million!" Shen Huaijin was startled, then looked closely:
"Within the next year, we will establish ten warehousing centers nationwide, and simultaneously build ten medium-sized testing institutions with full-range testing capabilities!"

Following the San Niu incident, YouTuan International experienced explosive growth by leveraging the maternal and infant product category.

Once Vipshop launches, it is expected to achieve impressive results by leveraging WeChat's user base.

Next, YouTuan Group Buying is also about to have a major boom!

So many businesses need to be developed, even to the point of explosive growth.

Logistics were slow and poor in 2008.

Wang Junshan simply started building a warehousing and logistics system!
The first step is to establish ten top-tier warehouses across the country to store all products from U-Tuan Group Buying, U-Tuan International, and Vipshop.

Ten medium-sized testing institutions will be built simultaneously, allowing for as many tests as possible to be conducted nearby!
Large-scale testing institutions require investments of tens of millions of yuan, or even hundreds of millions of yuan, and the construction period is too long to build on a large scale.

Wang Junshan simply abandoned large testing institutions and opted for medium-sized testing institutions that were more numerous, lower in cost, and had a shorter construction period.

These neutral testing organizations are similar to large testing organizations, both possessing full-item testing capabilities, but they are not as large in scale.

But it is more in line with the needs of future technologies.

It is entirely possible to build them in batches and distribute them throughout the country.

It's still relatively inexpensive right now; an investment of 400 million is enough, with annual operating costs of 200-250 million.

Although it's expensive, there's no other way; safety comes first.

This time, it was Sanniu that was implicated.

The next one might be Abbott.

Wang Junshan recalls that in a few years, it would be Abbott's turn to go bankrupt.

Therefore, Wang Junshan excluded Abbott from this contract.

This batch has all been tested and there are no problems.

Once this last batch is sold out, we will stop cooperating with Abbott.

For other brands as well, we must increase testing and terminate cooperation immediately if any problems are found.

Moreover, these operating costs do not need to be borne by U-Tuan Technology, but by the suppliers.

Products that fail to pass the testing by future testing agencies will not be allowed to be listed on YouTuan.com.

Similarly, it can also operate externally, accepting third-party testing commissions to generate profits.

In the long run, it's all very worthwhile.

There was no other way; Wang Junshan didn't trust other testing agencies, he only trusted himself.

"That's all settled then, don't worry, boss. I'll take care of the testing center in Binhai City!" Shen Huaijin said happily.

In other cities, she had no resources.

But in Binhai City, who wouldn't give the Shen family some face?
"Are you not feeling down now?" Wang Junshan asked with a smile.

"I'm not worried anymore, thank you boss."

"Why aren't you going back to sleep? It's already 1 a.m.! Are you going to stay here?" Wang Junshan joked.

"No, it isn't."

Shen Huaijin's expression changed drastically, and he quickly stood up: "Good night, boss, bye-bye."

Seeing Shen Huaijin flee in disarray, Wang Junshan couldn't help but chuckle.

He went back to his bedroom and went to sleep.

It has to be said that Shen Huaijin has good taste; the Simmons mattress cost 50,000 yuan, but it's really comfortable!
Back home, Shen Huaijin lay on his bed and chuckled, "The boss is such a good person!"

Holding Hello Kitty in my arms, I quickly drifted off to sleep.

Alibaba headquarters.

Jack Ma, who had just returned from abroad, immediately convened a high-level meeting without even adjusting to the time difference:

"So, in this Sanniu scandal, all we at Taobao can do is get complaints and not make any money at all?"

Faced with the boss's questioning, everyone looked grave, but could only nod repeatedly.

"Don't we also have many merchants on Taobao selling brands like Wyeth, Mead Johnson, Abbott, Dumex, and Nestle?" Jack Ma couldn't help but ask.

The subordinate sighed: "Chairman, although many merchants on Taobao sell brands such as Wyeth and Mead Johnson, none of them are official direct stores, and they don't even have manufacturer authorization."

"To put it bluntly, they are all third-party stores, and the sources of goods are a mixed bag; you could say they sell both genuine and counterfeit products."

“Selling a mix of genuine and counterfeit goods is already giving them too much credit; I dare say it’s 80% fake!” another executive said.

The others nodded in agreement: "Pretty much. I did some random checks before, and the probability is basically the same."

"Buying counterfeit goods is the norm; buying genuine goods is a matter of luck."

"What's worse is that the imported baby and maternity products on Taobao are a mixed bag, with many being counterfeit, but Sanniu is an officially operated store with impressive sales."

"Now that Sanniu has collapsed, consumers know that Sanniu is definitely bankrupt and cannot afford to pay compensation, so they are suing Taobao and demanding that Alibaba take responsibility."

"Damn it, we didn't get any benefits, but we got all the bad stuff?"

Jack was furious!
Vice President Liu Yunhu nodded:

"When Sanniu went bankrupt, the media was full of coverage. Everyone knew that YouTuan International was a first-tier distributor for Wyeth, Mead Johnson, Abbott, Dumex, and Nestle. All their products were shipped directly from the manufacturers, guaranteeing authenticity and quality. Everyone went there to buy their products."

"And then an interesting scene unfolded: people came to Alibaba to seek redress, but went to U-Tuan International to make purchases!"

"!!!" Jack Ma's face turned ashen: "Then wouldn't our Ali become the greatest victims?"

"You can say that."

"Fuck! That damn San Niu, he's all talk and no action!"

Jack Ma was furious: "And there's YouTuan International! I never thought it would actually become a force to be reckoned with!"

(End of this chapter)