Looking at the money burning away every day, Li Yishan felt like the financial reports in his hand were slapping him hard across the face. The previous investments had all been paid, so why hadn't they been paid this time? As a result, this one time they hadn't paid had created a huge hole! If they had paid, at least it would still be an investment, and he could see a return on his investment.
Now, in order to protect itself, it's subsidizing platform users, spending a lot of money, and its market share has been snatched away, and it hasn't even gotten any redress yet!
He grew angrier the more he thought about it, and he became even angrier when he received the package that Li Chuan had sent back from abroad.
She even took her anger out on Li Chuan, the idiot who initially partnered with Lin Xiaoxiao! His hometown was robbed, and he was still thinking about sending them local specialties!!
Li Chuan, who had been sent abroad to open the DARK restaurant, suddenly sneezed. The weather abroad was so unpredictable and not good at all. When could he go back? Why didn't his older brother give him a definite answer?
Li Yishan received a dinner invitation from He Youfu and almost lost interest in going, but in the end he decided to go and see what He Youfu was going to do.
After all, so much money has already been spent, but it can't stop Fei Yang's shopping spree.
Their subsidies are time-limited, while Feiyang Shopping has always offered long-term rebates and subsidies. What's the point of this? Not to mention, Feiyang Entertainment doesn't handle data or sell traffic; it only sells homepage ad space. This has given some merchants who have long been exploited by several shopping platforms a new direction. Of course, Feiyang Shopping also has quality control. Generally, as long as the product is acceptable, most people are willing to use the Feiyang Shopping platform.
Li Yishan felt somewhat helpless, but fortunately, the Orange Shopping platform was large enough, and it also had other industries it had invested in over the years, so things wouldn't be a problem for the time being.
Looking at the many industry giants at the gathering, Li Yishan even saw the young CEO of the He Group in the gaming industry. He couldn't quite understand what He Youfu was up to.
Are these people connected to the shopping platform?
"Everyone, Feiyang Shopping now not only sells products, but also involves other businesses, which overlap with yours to some extent. So, we should unite and teach the newcomers a lesson."
He Youfu had barely begun speaking, and before he could even start cheering anyone on, people in the private room started laughing.
He Youfu's face immediately darkened, and the others glanced at him as well, but quickly continued listening to He Youfu's "hype".
However, none of the people present were young anymore, so they weren't directly swayed by He Youfu.
Some people disagreed, while others were indifferent. The united scene that He Youfu had initially envisioned did not materialize, and a few people even stood up to mock him.
"No way, you've only just started, and you're already asking others for help with such a small subsidy? You seniors are no good at all."
"That's right, you're already struggling with only two or three competitors, and you still want our help. Look at how well the dozen or twenty brands in our beverage industry have fought, and you're just a fraction of what we have. If you ask me, shopping platforms are too outdated. You shouldn't even bother trying, or you'll end up losing your retirement savings."
"I'm leaving now. Your price war has only been going on for a month or two. The TV series 'The Age of Glory' hasn't even finished airing yet, and you're already failing. It's only because of your old circle that things are like this. Nowadays, new industries have much more intense price wars in terms of cash flow and how long they last. Don't be too sad, everyone. After all, even a lean camel is bigger than a horse."
Not to mention He Youfu, everyone else looked rather grim.
Li Yishan's expression was equally displeased. Business today is completely different from what it was like back then. In their time, they needed to have a certain finished product before they could attract investment. But now, these new entrepreneurs only need a concept, or rather, just a mouth, to attract investment. Investors dare to put money in even before they've seen any initial market feedback.
Things are different now.
Li Yishan had considered entering the beverage industry before, but the industry was too complicated, with low barriers to entry, a constant stream of brands and various tactics, and even price wars that had been going on intermittently for almost a few years, with renewed battles every now and then. So he withdrew because the industry was too expensive.
As a result, this industry now makes money either by profiting from franchisees or by profiting from franchisees.
Li Yishan felt he was ruthless enough, but he couldn't compare to the ruthlessness of the people in this industry, who had come up with all sorts of elaborate schemes.
Although a few people left, the atmosphere suddenly became even colder.
He Youfu felt very uncomfortable watching several people leave in a row, and even being lectured in front of those he considered his juniors.
He's no good person. Since they think this has nothing to do with them, then he'll just let them be involved.
[Tsk tsk tsk, I'm getting terrified by "Seabiscuit" every day. He loves her, she loves him, that's amazing.]
[Haha, I watched it with my parents, and they were completely engrossed. They even said that sometimes when the older generation misunderstands something, they never see it again.]
【Huh?! So you mean the older generation was really confused?!】
[Upstairs, you're good at extracting keywords.]
[Tsk tsk tsk, how come the male lead and the second female lead's child is somehow linked to the female lead and the second male lead's child?! I feel completely confused.]
【No?! Huh?! This young man is so confused?!】
[It's getting more and more chaotic, and they're all starting businesses together. The female lead is very knowledgeable about market demands, the male lead studied computer science in college, the second female lead is an accountant, and the second male lead is strong. This is just amazing. It feels like they have everything they need (⊙o⊙)…]
[Haha, you've forgotten a few kids. The male and female leads' daughter is studying computer science, the female lead and the second male lead's son is studying design, and the male lead and the second female lead's child is studying logistics. It really is just this one family.]
[Wait a minute?! Aren't there four children?! Whose child is the last one?!]
【Huh?! There's another one?! Which one?!】
[The boy that the female and male leads' daughter later fell for.]
Oh, that one was adopted by the male lead and the second female lead.
This is a complete mess! It's hardly porridge; it's more like rice come to life! It's a chaotic jumble!
[I was complaining a lot at first, but after seeing the entrepreneurship part, I actually thought it was pretty good. Their ideas seemed quite good. I'm so tired of trying to collect all sorts of coupons during shopping festivals. I never imagined that online shopping would involve so much calculation, something I could never have learned before.]
[Agreed! The current rules are like advanced mathematics!! Can't they be simpler?! Just say how much is reduced, why make it so complicated?!]
[That's nothing. What's worse is that I finally managed to reach the minimum order amount, only to find that the price was the same as the price after the price protection period had expired.]
These days, they raise prices first and then offer discounts; they really think consumers are fools.
[Repeat after me: If you don't buy, I don't buy, and Orange will go bankrupt today; if you don't watch, I don't watch, and Meow Meow will go bankrupt today!]
Continue read on readnovelmtl.com