Reborn in 08, a heretical cultivator starting a business

Chapter 160 The Twilight of Renren.com, A Nationwide Frenzy for Future International Warehouse!
Sun Yizhou was filled with emotion:
"Back then, we bullied Wang Xing in the same way. We used our capital to undermine Wang Xing's Renren.com."

"Now we're being bullied by Wang Junshan and being outmaneuvered by Vipshop."

"Tell me, isn't this karma?"

"This..." The subordinates all fell silent.

Feng Shui turns.

Back then, how Qianxiang Interactive bullied Wang Xing, how it used capital to suppress and undermine Xiaonei.com.

Now, Wang Junshan is showing how he bullies Sun Yizhou, how he uses capital to suppress him, and how he is using a dimensional reduction strategy to attack Xiaonei.com Mall.

"Um, Chairman, I'm going to say something unpleasant."

Xie Fei suddenly spoke up: "Is it possible that Wang Junshan never intended to attack us at all?"

"He didn't even consider our Renren.com online store a competitor!"

"!!!" Everyone was dumbfounded, but they couldn't refute it.

Xue Qian nodded in agreement: "That's right, our Renren.com is no match for WeChat. As for Vipshop, they don't even care about Paipai.com and Baidu Youa, so why would they care about our newly launched Renren.com e-commerce platform?"

Everyone agreed and chimed in:
"Yeah, they're not even in the same league!"

"Five billion yuan over three years, 250 million square meters of self-built warehouses!"

"Wang Junshan's goal is entirely aimed at Alibaba!"

Who do we think we are?!

"Saying that Wang Junshan bullied us is just us being narcissistic, haha."

Everyone chimed in with their own comments, constantly making fun of each other.

Unbeknownst to them, the face of Chairman Sun Yizhou beside him was already as black as the bottom of a pot.

Loyalty is offensive.

These words may be harsh, but they are all true!
"I actually feel like Wang Junshan is bullying me?"

“Vipshop’s only target is Taobao. They might not even care about eBay, let alone our Renren Mall.”

"Hey!"

A sigh, filled with helplessness.

Wang Junshan doesn't take Renren.com seriously at all.

"How are our sales?"

"Um……"

Xie Fei glanced at the backend data, hesitated, and said, "It's a bit disastrous!"

How terrible?

"Within half an hour of going online, the transaction volume was less than 10!"

"???"

Sun Yizhou was stunned: "Our school's intranet has 2500 million users, and in the first half hour after its launch, the transaction volume was less than 10?"

"How can this be?"

What about website traffic?

"There are very few, even the daily active users are not many."

"I reckon after seeing Vipshop's 5 billion yuan warehouse construction project, everyone went to Vipshop to shop."

Sun Yizhou froze on the spot: "!!!"

"Alas, it's truly tragic to encounter such an opponent."

"No, we are no longer a match for them."

"It's like a game. We're still in the Qi Refining stage, while they've already reached the Nascent Soul stage and even suppressed a few Nascent Soul demons."

No comparison, no harm.

But the future of technology is completely different.

Following the report of this news, online public opinion exploded:

"50 billion yuan in three years, building a 250 million square meter international warehouse! Future Technology is truly amazing."

"With the current eight central warehouses, and the construction of ten more even more powerful international warehouses, Future Technology's total warehousing area will reach the number one in the country."

"Once completed, the logistics efficiency of Vipshop and U-Group will be significantly improved."

"Warehousing and logistics are the most expensive parts. Other platforms only want to make money and don't want to burn money. Only Future Technology is willing to build its own warehouses and steadily promote its development."

"Based on this attitude, Vipshop is bound to be the most promising and highest-quality e-commerce platform."

"That's ridiculous. Renren Mall is trying to take advantage of Vipshop. What can they possibly have to take advantage of? Three years of 50 billion yuan in warehousing and logistics infrastructure is money that Renren Mall can never earn in its lifetime."

"I really look forward to the full implementation of the 250 million square meter warehouse, with next-day delivery in urban areas and three-day delivery in rural areas. That would be wonderful."

"Logistics is too slow now because there is too little warehousing. We still need to look to future technologies."

"Buying money to build warehouses and improve logistics is the way a big platform should operate. In this respect, Alibaba is far inferior."

"Yes, I've given up on Taobao and eBay and switched to YouTuan.com."

"YouTuan.com has everything from Vipshop to YouTuan International to YouTuan Group Buying. It's perfect. The key is that the quality is good, the products are genuine, and the logistics are fast."

"That's right. Apart from U-Group International and Vipshop, which platform dares to offer SF Express as a standard service for all its products? Taobao charges an extra 20 yuan for SF Express, and it's incredibly slow."

"The fastest logistics is now from YouTuan.com, and it will be in the future. Chairman Wang is willing to spend money to build warehouses and use SF Express for consumers. This sense of responsibility is something that other platforms can't match! I will only shop on YouTuan.com from now on."

"I'm also giving up Taobao Mall and switching to YouTuan.com. They even give you diamonds back! I can use that money to buy fertilizer and grow vegetables. Isn't that great!"

"I've never used Vipshop or WeChat, but seeing that Future Technology is investing 5 billion yuan in warehousing over three years is equivalent to betting all of its profits for the next three years!"

"Just for this reason alone, I'll download WeChat and register for Vipshop!"

As the news spread, the number of visits to YouTuan.com surged instantly.

Year-on-year growth exceeded 500%!

Many users who hadn't downloaded WeChat before became fans of Future Tech because of this incident, and started downloading and registering WeChat, shopping on YouTuan.com, and playing "WeChat Farm"!
The impact was terrifying.

In the past, the only e-commerce company that had built its own warehouses was Amazon.

Taobao and Paipai.com never even considered building warehouses.

Even JD.com's warehousing is still in its initial stage and is pitifully small.

Unlike other technologies, Future Technology already had eight central warehouses, and now it is investing in building ten more large-scale international warehouses!

This stance directly made Vipshop and U-Group International stand out, giving consumers an extremely positive impression of future technology.

This caused WeChat downloads to surge rapidly.

In just four hours, 200 million new users were added!
The number of orders on YouTuan.com has increased exponentially.

Looking at the backend data, both Vipshop's business unit and Ugroup International's business unit were in high spirits.

Today, both sides will set new records in terms of order volume, revenue, and profit!
An unprecedented record!
As for the newly launched campus e-commerce platform, it has practically no presence. Its sales volume in four hours was only a few hundred thousand yuan.

Even the daily active users of Renren.com did not increase; instead, they continued to decline.

Even though the number of registered users has reached 2500 million, the number of active users is actually less than when there were 2000 million.

The reason for this is that many users of Renren.com have switched to WeChat.

Not only is the WeChat Farm game more fun there, but it also has more users, more convenient social features, a standalone client, e-commerce, and payment options…

WeChat's games are more fun than those on Renren.com, and its integrated ecosystem of payment, social networking, and e-commerce completely crushes Renren.com, delivering a direct and devastating blow.

As a result, users who had already switched to WeChat could no longer return.

At first, I would occasionally go online on the school's intranet, but I went online less and less, and eventually I stopped going online every week or two.

But I use WeChat every day!

Looking at the dwindling number of old friends on Renren.com, there's no need to fight for parking spaces anymore!
The remaining players also stopped playing and started leaving for WeChat.

This directly resulted in an increase in the total number of users on the school's intranet, but a rapid decrease in daily active users and monthly active users.

This made Sun Yizhou both angry and helpless.

It can be said that, apart from QQ and Baidu Tieba, users from other platforms have been severely siphoned off by WeChat, resulting in heavy losses.

As a result, WeChat has made great strides, with its user base growing rapidly.

In the morning, there were only 65 million users, but by 2 PM, it had almost reached 70 million!

Such a growth rate can only be described as terrifying.

As for the transaction volume, it's even more frightening.

Vipshop's daily transaction volume is usually only around 4500 million yuan.

And today, at only 2 PM, the transaction volume has already exceeded 50 million!

At this rate, Vipshop's transaction volume today could easily reach 80 million, or even 100 million!
It's simply terrifying.

However, none of these achievements are what Wang Junshan cares about most.

On the contrary, the biggest gain this time was the sincerity of the local government and the banks!
Three years, 50 billion yuan investment!
Ten self-built international warehouses, totaling 250 million square meters!

This is a strategic layout for the future of logistics, and also a bait thrown out by Wang Junshan!

Bait for major first-tier and second-tier cities!
They had no choice but to eat the bait.

Everyone knows that wherever these ten future international warehouses are located, they will create a massive number of jobs and generate huge amounts of GDP!

It can still achieve the 4 trillion yuan infrastructure target.

The State Council's proposed 4 trillion yuan infrastructure strategy is not just about real estate infrastructure, but also includes a series of more important supporting infrastructure projects.

Logistics and warehousing infrastructure, as well as e-commerce development, are among the most important aspects of this.

Especially seeing how well Amazon is doing, how could the village not have its own ideas?
I've long wanted to support a super e-commerce giant that can rival Amazon!

Although Taobao is doing well, it mainly focuses on C2C, is rampant with counterfeit goods, and suffers losses every year. It is far inferior to Amazon.

Taobao Mall is a B2C platform, but unfortunately it has only been established for a few months and its development is slow.

More importantly, despite being associated with Taobao, consumers lack confidence in the platform.

A platform rife with counterfeit goods suddenly switching to B2C, focusing on high-end products, raising prices and improving quality—consumers won't believe it.

This is why many people prefer to shop on Vipshop rather than on Taobao Mall.

This is very similar to MediaTek in its past life. It was labeled as a low-end knock-off, and even when it went on to make high-end products, it was still questioned. It took a very long time before it could finally hold its head high.

The same was true for Taobao Mall. It wasn't until a few years later, when it was renamed Tmall and distanced itself from Taobao, that things improved.

Vipshop is different. It started as a B2C platform, focusing on high-quality products, brand-specific stores, and guaranteed authenticity.

Coupled with the San Niu incident, the reputation that YouTuan International Maternal and Infant had built up, it was only natural that Vipshop quickly gained user recognition and grew rapidly.

Everyone knows that as long as Vipshop doesn't make any fatal mistakes, it will definitely have a better future and more development potential than Taobao, Tmall, Paipai, JD.com, and Yigou.com.

In particular, the current three-year, 50 billion yuan logistics infrastructure investment demonstrates Wang Junshan's strategic planning and determination to build a high-quality e-commerce platform!
These meanings and arrangements may be incomprehensible to the incompetent officials in the county town.

However, leaders of first- and second-tier cities that are pursuing development and ambitious leaders of large cities see this clearly!
In an instant, major cities were excited, even went crazy for it!
Whether it's for economic development, infrastructure, GDP performance, or one's own future, everyone needs to secure a future international warehouse!
After seeing the news reports, many leaders immediately canceled all their appointments and quickly convened emergency meetings.

Jinmen.

"Logistics and warehousing infrastructure is a very important part of the four trillion yuan stimulus package, and it is also a key pillar industry for Tianjin!"

“We have ports around the Bohai Sea, railway hubs, and are close to the capital, making us the most suitable place to be a warehousing hub.”

"Theoretically, there should be no problem in securing the North China International Warehouse for Future Technology."

"The key is policy; we must provide sufficiently good policies."

"After all, the capital city is eyeing the quota for the North China Granary!"

Everyone nodded in agreement: "Under normal circumstances, the capital city might not be interested in industries with low returns on investment, such as logistics and warehousing, and would prefer technology companies."

"But with the current global financial crisis, despite the introduction of the four trillion yuan stimulus package, no one knows when the economy will truly recover."

"The future technology hub in North China is definitely being watched closely by the capital, and it remains our biggest competitor!"

"Shizhuang is also keeping an eye on things, so we can only offer better investment terms."

"What the capital can provide, Tianjin can provide as well. What the capital cannot provide, Tianjin can also provide! Only in this way can we forcefully take over the future technology North China International Warehouse."

"First of all, the land is given away for free, with conditions and restrictions, but the area must be large enough."

“Only with a large enough area can the North China Granary be built on a large enough scale, creating more job opportunities and boosting GDP. I suggest we just give them 500 mu (approximately 33 hectares). Give it to them for free!”

“500 mu is fine. If we build a single warehouse, even after deducting the cost of roads, green spaces, and other supporting facilities, we can still build 30 square meters of warehouse space.”

“We can just allocate a piece of land near the port, and it won’t be a problem whether it’s domestic goods or imports and exports.”

"Our goal at Tianjin Grand Warehouse is to become the best in the country!"

“500 mu is no problem, but land alone is not enough. We also need to provide tax incentives, such as a 50% reduction in income tax for three years. The first three years are completely exempt, and the next three years are taxed at half the rate.”

“The value-added tax also needs to be subsidized. There’s no way to get the portion that’s paid to the central government, but the 25% of the value-added tax that goes to the local government is fully refunded for the first three years and 70% for the next three years.”

"That should do it, we should be able to win."

"It's not enough, we're still short of money! Future Technology currently has limited funds, and if we don't provide loan subsidies, the progress will probably be slow."

“Then let’s provide a guarantee so that Tianjin Bank can provide Future Technology with a 400 million yuan loan, which will be used for this purpose only. With the support of the 4 trillion yuan policy, there are no procedural problems. Future Technology is also a high-quality customer and can afford to repay it. We’ll also give them some interest subsidies.”

"If it's a 300,000-square-meter warehouse, the total cost of building it would be around 500 million yuan. With the 4 trillion yuan infrastructure investment, we can apply for about 60 million yuan in special funds for logistics adjustment and revitalization, 30 million yuan in technological upgrading funds, and 10 million yuan in energy-saving subsidies, totaling 100 million yuan. So, the 400 million yuan loan is more than enough."

"Alright, that's settled then. I don't believe Wang Junshan won't be tempted by such favorable policies. Contact Future Technology immediately, and be quick. The capital and Shizhuang are definitely watching. Let's offer the full range of benefits at once and sign the contract as soon as possible!"

Similar scenes are unfolding across the country.

This time, even third-tier cities didn't have a chance.

They are all first-tier and second-tier cities.

Moreover, each region is being watched by three to five cities.

(End of this chapter)