Becoming Rich with Daily Scavenging APP-Chapter 365: Who to Sell To?

Alright, now Chen Yiyang understands why Ali still hasn’t entered the market by now.

It turns out there’s a reason why Ali’s market share is increasingly low now.

In the express delivery industry, one station and a few couriers can manage a large residential area.

Outsourcing delivery services is certainly feasible.

But, like instant retail and takeout, they all require a large workforce and a professional management team.

Chen Yiyang also spent a good half-year training a team in this field.

Ali actually wants to find an outsourcing company to handle such high-cost, low-profit hard work?!

Initially, Ali didn’t feel much urgency.

Because Chen Yiyang was the only player specializing in instant retail before.

And Chen Yiyang, limited by funding, was still slowly expanding. 𝒇𝓻𝓮𝓮𝙬𝙚𝒃𝒏𝓸𝙫𝒆𝙡.𝓬𝓸𝒎

Ali believed that as long as they found the right strategy and began a full-scale effort, they could instantly defeat Chen Yiyang and dominate the entire instant retail sector.

But when Ali heard Ugly Group was also entering instant retail, they immediately realized something was wrong.

You may call Ugly Group evil, but they certainly aren’t stupid.

Relying on excellent big data algorithms, Ugly Group can exploit restaurant owners and couriers to an extreme without getting into trouble, which not everyone can achieve.

Now, with millions of couriers, Ugly Group is entering instant retail. If Ali is still foolishly waiting for someone to help build a team offline, they’re truly waiting to die.

Initially, Ali hoped that Ugly Group would first clash with Chen Yiyang’s instant retail, and Ali would look for the right moment to enter.

But unexpectedly, before Chen Yiyang even fought, he announced his surrender.

And he released a PowerPoint presentation about the future prospects of instant retail.

After Ali’s senior executives studied this presentation overnight, they realized how foolish they had been.

If they let Ugly Group enter, then the story of Pinduoduo eating up Taobao’s lower-tier market would replay on Taobao.

Hence, Luo Ping hurriedly contacted Yang Chengru, asking him to meet with Chen Yiyang.

"No matter how much Ugly Group promised in acquisition amounts, Ali is willing to pay 1.5 times to acquire your instant retail."

Luo Ping threw out Ali’s terms.

Ali indeed does not lack cash flow now; compared to Ugly Group, Ali’s cash flow is more abundant.

However, Ali’s stock price has not improved in recent years, mainly because Ali no longer has the ability to tell stories.

Now seeing instant retail, Ali decided to fight it out with a heavy investment.

"We don’t know the exact acquisition terms of Ugly Group, but Ali can guarantee that post-acquisition, all management will remain, and the team won’t face layoffs; instead, the team size will be expanded."

Luo Ping’s promise and conditions were quite sincere.

If Chen Yiyang really plans to sell instant retail, selling to Ali might be a good choice.

So Chen Yiyang chatted with Luo Ping for a few more moments before speaking, "Though instant retail is a company I fully control personally, the company was built through the collective effort of the team, and I need to respect other management’s opinions.

How about this? I’ll talk with them tomorrow to see whether they prefer Ali or Ugly Group."

"Okay." Luo Ping stood up and said, "Ali will be waiting for your response at any time."

After seeing Luo Ping off, the next day, Chen Yiyang gathered the entire instant retail team and talked about Ali’s terms.

"Boss Chen, I’ll be honest." A manager named Zhang Sen, who was in his thirties and fairly young, spoke directly, "I would rather be acquired by Ugly Group than Ali."

"Why do you say that?" Chen Yiyang looked at Zhang Sen.

"Take Ali’s promises as worthless. Talks about not touching the management team.

They indeed won’t touch it but will marginalize you, squeeze you, and make you resign on your own.

Then they’ll air-drop their own leaders, telling stories of Ali’s past struggles, their DNA, their way of doing things, Ali’s spirit, and other nonsense.

In this aspect, I have learned enough lessons. Unless they offer double the salary, I would rather work for a small company than under Ali.

"Ha-ha." Chen Yiyang laughed twice at Zhang Sen’s words, then curiously asked, "I know before you joined here, you worked at a small startup company. What exactly happened that made you so resistant to Ali?"

"Back then, our company had potential and was acquired by Ali, who air-dropped a leader over.

That leader seemed insane. Sent daily reports at 5:30 PM, claiming your work wasn’t balanced, insisting on sending them at 7 or 8 PM.

Weekly reports with typos or punctuation errors led to meetings where they’d chastise you for half a day, saying it wasn’t a capability issue, but an attitude problem.

Reported work progress normally, they’d say you were working without fluctuation or change and not embracing innovation.

If progress changed due to unforeseen events, they’d say you weren’t serious at work, which led to Frequent unexpected incidents.

Upon hearing Chen Yiyang’s question, Zhang Sen’s complaints flowed incessantly. Seeing Chen Yiyang’s interest on the topic, he continued,

"Moreover, the leader Ali sent knew nothing about our business, couldn’t help at all with actual work issues.

Yet, they loved to take charge and reform, the direction being the same old things: reduce costs and increase efficiency, firing those they disliked, constantly bringing in people from Ali’s headquarters. The rest was holding meetings and nitpicking, overseeing working hours.

If we managed to accomplish something, it was their leaders’ merit. But when faced with difficulties or troubles, it was us, the original company people, being lazy, not working."

After Zhang Sen’s complaints, Chen Yiyang coughed twice, then looked at the whole management team asking.

"Now I ask you, regarding the instant retail field, do you want to do it yourself or simply sell it to others?"

"Of course we want to do it ourselves." Zhang Sen was the first to speak again, "Selling the company to others, even if we get some money, how much can we actually get.

But if we can become number one in the instant retail field, the company won’t necessarily fall behind Ugly Group or Ali."

After Zhang Sen finished, other management also voiced their opinions.

The core idea was the same: they hoped Chen Yiyang wouldn’t sell the company.

After all, good opportunities one can encounter in life are actually very few.

If we fight bravely and truly allow the company to become a leading enterprise in the instant retail field, when the company goes public and distributes some shares, it would be enough to turn the entire management team into billionaires.

There are precedents for such cases.