Becoming Rich with Daily Scavenging APP-Chapter 493: Flash Sale Showdown

However, at that time, nobody cared.

Many nobles and merchants, even if they knew something was wrong with these items, would just shrug it off.

As long as they could fill their collection rooms, and have something to boast about when friends visited, that would suffice.

No one would actually study these items to determine if they’re real or fake.

And this counterfeit industry is still thriving to this day.

It’s primarily because the original European aristocrats no longer believe, but some of the new countries have a cultural admiration for the West and Europe, and due to religious reasons, even their wealthy people love buying these items.

So, if you want to make money, this is indeed a very good profession.

After listening to Danica, Chen Yiyang made up his mind.

From now on when abroad, he would only buy items listed as genuine or in verified intelligence reports, nothing else.

There are just too many fakes.

In the following days, the Yiyang Automobile research team arrived, officially inspecting where in Serbia was suitable for investment and factory construction.

Meanwhile, Chen Yiyang was taken by Danica to visit the Serbian Steel Factory and some other factories established in Serbia.

The demand for economic development among the Serbian people is strong, so quite a few companies are investing and building factories here.

After visiting, Chen Yiyang finally decided to build an automotive factory in Serbia to tap into the European market.

Of course, that would be another expenditure of over a billion.

Liu Xiaoyue was right, the more than hundred billion collected from selling the Russian factory really doesn’t last long.

Originally, Chen Yiyang hoped to stay in Serbia for a few more days.

But Liu Qiangxi kept calling him, urging him to return home.

Chen Yiyang had no choice but to temporarily bid farewell to Danica.

Anyway, once the investment contract is finalized, he will still need to come back again.

Therefore, Chen Yiyang didn’t feel too disappointed, and he took a flight from Belgrade back to the Imperial Capital.

"How could you bear staying abroad for so many days?"

Liu Qiangxi personally drove to pick up Chen Yiyang at the airport.

Chen Yiyang, having caught some sleep on the plane, was in pretty good spirits.

Teasingly looking at the worried expression of Liu Qiangxi, he said, "What, are you afraid I’d fall victim to some scam abroad?"

"I’m not joking," Liu Qiangxi said, "Have you looked at the information I sent you? What do you think? Are we joining this wave of major subsidies?"

The reason Liu Qiangxi was anxious for Chen Yiyang to return was because the flash sales and food delivery sectors in the country had ignited another subsidy war.

This time, the subsidy war was initiated by Ali.

Jindong and Ugly Group previously focused their battlegrounds in the food delivery field.

After the initial major subsidy war, both parties had significantly reduced their subsidies in the food delivery sector.

Just when everyone thought the food delivery war was winding down or even ending.

The silent Ali suddenly acted, launching an unprecedented subsidy plan on Taobao flash sales.

During the previous war between Jindong and Ugly Group, at its cheapest point, people could buy a drink or milk tea for one or two yuan.

Now on Taobao, even the one or two yuan isn’t needed, with massive free coupons being distributed, allowing people to drink for free!

Additionally, Taobao flash sales have launched high-intensity subsidies in sectors like supermarkets and fresh produce.

Now getting snacks delivered from the supermarket to your home costs less than going out to buy them yourself.

When Chen Yiyang was doing flash sales, Ali had previously sent people to ask if Chen would sell.

After Chen Yiyang refused, Ali started their own flash sales.

Now, after lying dormant for so long, Ali has finally made their move.

And they’re doing it in a fierce money-burning manner, reminiscent of their early moves to seize the e-commerce market.

So Ugly Group treated this as a major threat and rapidly followed suit.

Rumors say that many milk tea and drink stores had their staff working to the brink of collapse, orders piled up so much that not even the delivery staff could find their order quickly.

Hence, Liu Qiangxi hurriedly urged Chen Yiyang to return home to discuss the matter.

Following the previous specifications for the food delivery war, Liu Qiangxi could make the decision himself and just notify Chen Yiyang.

But this flash sales subsidy war was making Jindong hesitate.

The intensity is too high, Jindong feels overwhelmed.

Because Ali announced plans to subsidize five billion within twelve months!

Even if Jindong was drained dry, they wouldn’t be able to pull out five billion for subsidies in flash sales!

Isn’t this just unbearable?

"We still have to subsidize," Chen Yiyang said, having thought about this a lot before arriving.

"We never expected to completely defeat Ugly Group in the food delivery sector, because Ugly Group is synonymous with food delivery, a concept deeply rooted in many users’ minds.

But as long as we can be the second in the market and gain some profits, that’s considered a victory.

However, Ali’s massive investment of five billion is because they’ve identified an opportunity."

"What opportunity?" Liu Qiangxi asked.

"The opportunity is that flash sales partially overlap with food delivery but encompasses a broader concept than food delivery.

For example, when people think of food delivery, they immediately imagine food and drinks, a concept tied to Ugly Group.

But flash sales, as the name implies, involves rapid shopping—covering not only food, but snacks, daily necessities, etc.

If Ali continues such intense subsidies, they could instill a notion in people’s minds that Ali equals flash sales.

Then Ali would become a new Ugly Group in the flash sales area.

No matter how much they subsidize now, they will earn it back within a year or two once they have a monopoly.

Moreover, Ali isn’t short of funds, and they have a payment system, meaning they can mobilize even more financial resources.

If Jindong doesn’t follow up this time, we won’t be able to compete with Ugly Group in the food delivery field, and we’ll be outmatched by Ali in the flash sales field in the future."

"How much do you plan to invest?" Liu Qiangxi asked.

"If Ali is investing five billion, we can’t offer less. Although we’re going to subsidize five billion within twelve months, how about each of us contributes half?" Chen Yiyang proposed.

"Well, I’ll need to return and discuss with the other management," Liu Qiangxi said helplessly.

After having a meal with Liu Qiangxi and seeing him off, Chen Yiyang went back to Zhang Yuling’s house, all the while calling Liu Xiaoyue.

"In the flash sales sector, I feel like Jindong might withdraw. Liu Qiangxi was so anxious to consult me on the flash sales issue; despite my plan to invest five billion, he said he needed to discuss it first.

That’s clearly hesitance, lacking the will to battle. Otherwise, since he proactively contacted me, he would surely have a preplan to respond to my proposal immediately.

The fact that he couldn’t respond immediately means my decision caught him off guard."

"Then what should we do?" Liu Xiaoyue asked, "If Jindong doesn’t participate, we can’t come up with five billion ourselves. And you know, Yiyang Automobile is currently burning at least ten billion every month, plus you’re planning to invest in a factory in Serbia."