Reborn in 08, a heretical cultivator starting a business

Chapter 48: Introducing Tencent to Counter Alibaba?
Wang Junshan has a clear plan for the future development of YouTuan.

The initial phase adopted a light-asset model, focusing on increasing revenue and reducing costs.

Shares can't be distributed casually; even ordinary venture capitalists aren't qualified, only top-tier venture capitalists, like Tencent!

If YouTuan ventures into local services and e-commerce in the future, it will become a competitor of Alibaba and will inevitably be suppressed by Alibaba.

Bringing in Tencent's capital to counter Alibaba would be a very good option.

Moreover, Tencent only invests, does not hold controlling stakes, and its desire for control is not as strong as Alibaba's.

Alibaba prefers controlling stakes, or even full acquisitions!
Then they kicked out the original team and brought in their own people to manage it.

They call it taking full control and resource integration, but in reality it's just an amateur managing professionals, constantly making fatal mistakes.

This is precisely why companies acquired by Alibaba in their previous lives—whether it's Xiami Music, Tiantian Dongting, NetEase Cloud Music, Youku Tudou, UC Browser, Koubei, Ele.me…

They all kept declining, eventually going bankrupt or fading away.

None of them met a good end.

Even Gaode Maps relies on continuous financial support from Alibaba to survive.

In the future, if YouTuan grows too big, it will inevitably attract the attention of Alibaba.

If Uituan accepts Alibaba's investment, it's easy for Wang Junshan to be ousted. Alibaba's parachuted-in executives, with outsiders managing insiders, would lead to Uituan's demise.

Wang Junshan would certainly not accept this.

However, if they refuse Alibaba's investment, they will inevitably become mortal enemies and be fiercely attacked and suppressed.

Wang Junshan had no choice but to fight to the bitter end.

Moreover, they are focusing on e-commerce and challenging Alibaba.

Tencent will fully support this!

In the early stages of his business, Wang Junshan could only survive in the cracks between BAT (Baidu, Alibaba, Tencent), so it was only natural for him to leverage their strengths and fight against them.

Once YouTuan has grown and gained sufficient capital and influence, Wang Junshan will need to build his own foundation to compete with BAT (Baidu, Alibaba, Tencent).
U-Group aims to survive and grow stronger.

The foundation that follows is for living well and dominating the region!
As a reborn person, who doesn't have some ambition!

"We've arrived at Binzhou University. Shall we head back to the dorm?" Shen Huaijin asked.

"No, let's go to the science and technology park."

"You even started a company!" Shen Huaijin was shocked again.

I thought Wang Junshan's QQ group buying business was already impressive enough, and that he had already covered all aspects of the business world!
But now it seems that this is just the tip of the iceberg!
He also founded a company and has other, more important strategic plans!
Shen Huaijin couldn't help but become curious and escorted Wang Junshan to the entrance of the science and technology park with great anticipation.

I'd really like to know which company Wang Junshan owns and what industry he's in.

Unexpectedly, Wang Junshan simply waved his hand and said, "You've worked hard, Secretary Shen. Go back and rest. I'll call you if I need anything."

"???"

Shen Huaijin was completely devastated.

What do you mean?
Use it and then throw it away?
Do you really think I'm your driver?
Before Shen Huaijin could say anything, Wang Junshan had already strode away.

"hateful!"

"How abominable!"

"What do you take me for?!"

Shen Huaijin said angrily, but could only watch as Wang Junshan walked into YouTuan Technology.

"Is YouTuan Technology your company?"

Shen Huaijin lingered for a few minutes before turning around and leaving.

Back at the company, Wang Junshan went straight to his office and dialed Lin Zhiqiang's number:
"Boss Lin, what's the wholesale price of Fei Zi Xiao cigarettes now? Ten thousand catties."

"Mr. Wang, the snow disaster in the south at the beginning of this year caused the price of Fei Zi Xiao (a type of sachet) to be higher. It has dropped a bit now, but it is still not cheap."

"Grade 1 fruit with a diameter of 28mm or more, no spots or damage, and a sugar content of 18% or more, will be delivered to your door for packaging and unloading at 4.5 yuan per kilogram!"

"Grade II fruit, 25-28mm in diameter, with slight skin blemishes, is priced at 4 yuan per jin after delivery, packaging and unloading."

"Built-out fruit, mixed and ungraded, 3.5 yuan per jin."

Wang Junshan had a plan.

Compared to watermelons that cost only a few cents per pound, the Fei Zi Xiao variety is truly expensive. Of course, the price is also high.

At Fei Zi Xiao chain supermarkets, first-grade fruit costs 12-18 yuan per jin (500g).

In community supermarkets, even first-grade fruit costs 11-12 yuan per jin (500g).

The school supermarket is even more expensive now; second-grade fruit is 15 yuan per jin (500g), and first-grade fruit is almost 20 yuan!
At farmers' markets, vendors sell packaged fruit for 6-8 yuan per jin (500g).

After all, they bring in fewer units, resulting in higher costs, plus rent and other expenses.

In the days before e-commerce was developed, lychees were expensive.

Wang Junshan buys a batch of uniformly packaged fruit for 3.5 yuan and sells it for 7 yuan per jin, making a gross profit of 3.5 yuan, but sales don't explode.

Such expensive fruit, unless it's a watermelon, is destined to be difficult to sell in large quantities.

It would be better to buy a batch of first-grade fruit, purchase it at 4.5 yuan, and sell it directly at 10 yuan per kilogram. With 10,000 kilograms, the gross profit would be 55,000 yuan!
Top quality, half the price of the school supermarket, even cheaper than the community supermarket!
Maybe sales will be even better!
The difference in quality between Grade A fruit and packaged fruit is significant.

Moreover, if 10,000 jin (5,000 kg) is divided among five schools for sale, that's an average of about 2,000 jin (1,000 kg) per school, which is more than enough to sell.

Wang Junshan made a decision in an instant:
"Boss Lin, bring 10,000 catties of Fei Zi Xiao grade-one lychees tomorrow morning at six o'clock, to be distributed to five schools. Lu Chuan will contact you later regarding the specific distribution plan."

"No problem, Mr. Wang, I'll arrange it right away."

After hanging up the phone, Wang Junshan opened the group management script and sent a group message about the Fei Zi Xiao group purchase.

Soon, the group-buying groups of several schools became lively:

"YouTuan has launched another group-buying deal for Fei Zi Xiao fruit, still top-grade and at a rock-bottom price! It's amazing, absolutely amazing."

"If I don't eat lychees in the summer, I'll feel miserable all summer long. But the school supermarket charges 20 yuan a pound for first-grade lychees, which is really unaffordable."

"The second-grade fruit I bought at the market a while ago cost eight yuan a pound. It didn't taste good and was all leftovers from other people."

"Thank you, Boss Dong. Grade A fruit, and at a rock-bottom price, probably 10 yuan per jin."

"If the first-grade fruit is 10 yuan per catty, which is cheaper than the small supermarkets outside, it will definitely be the cheapest Fei Zi Xiao fruit this summer. I must buy it."

"That's right, we'll wait for it to go on sale tomorrow morning."

"By the way, how did our Binzhou University Group Buying Group 37 become the YouTuan Group Buying Binzhou University Group 37?"

“I know that Boss Dong is starting a business called YouTuan. The YouTuan group-buying supermarket belongs to Boss Dong. I just went there and bought a watermelon.”

"Yes, I just got back too. I have to say, that shop assistant was so sexy and beautiful."

"Um, a friend of mine wants to ask her if she has a boyfriend."

……

"You've got potential!" Wang Junshan chuckled and headed straight for the R&D lab to continue giving pointers on the development of YouTuan.

I was busy until late at night.

The winter melons from all three schools are unsaleable, and watermelon sales have also decreased. Today, the income of the three schools has been halved, with a total revenue of only over 15 yuan.

However, the opening of USTC and Qin University contributed another 40,000.

The total profit from the five schools combined is around 200,000, not as impressive as yesterday, but still quite good.

Tomorrow, with the launch of winter melons from Qin University and USTC, and the availability of lychees, things should improve.

Sure enough, Sunday's income was higher.

Ten thousand catties of first-grade Fei Zi Xiao fruit, priced at 10 yuan per catty, were distributed to five major universities, and became an instant hit as soon as they went on sale.

They were all sold out by 2 PM.

But Wang Junshan did not bring in another vehicle.

Lychees don't keep well; if we order another truckload, they definitely won't sell and will spoil easily.

However, the profit that day was not huge, only 25.

Profits continued to decline in the following days.

Even though Wang Junshan keeps launching new products for group buying, the combined daily revenue from the five schools is only around 20 yuan.

There's no way around it, the competition is just too fierce!

Fortunately, YouTuan.com has done a good job!
(End of this chapter)