Becoming Rich with Daily Scavenging APP-Chapter 500: Out of Money Again

The reason why Bilibili’s personnel and departments are bloated is primarily because they wanted to make money but couldn’t, so they created a lot of departments and kept a bunch of idle people in an attempt to make money.

As a result, the more they did, the less money they made.

Now that Chen Yiyang has bought Bilibili, he doesn’t have high profit demands from Bilibili. As long as Bilibili can sustain itself and provide him with enough traffic, it’s enough.

Without that demand, there’s naturally no need to retain so many departments and personnel at Bilibili.

Chen Yiyang also had no interest in clarifying the internal responsibilities at Bilibili and carefully determining who among the people there were genuinely doing work and who were just idling.

So, the best solution is to fire everyone first, then have the people brought in by Chen Yiyang take over the company, run it and observe. If any area is found to be truly unable to operate due to a lack of staff, he will contact the people previously laid off and bring them back to work.

When Chen Yiyang had Zhang Zaiming lay off staff earlier, he emphasized being swift and clean. Many were let go after just a few days of handing over their tasks.

Moreover, Chen Yiyang provided enough severance pay. So most of those laid off couldn’t immediately find another company to join.

On the other hand, they had a considerable amount of money in hand, allowing them a break without the rush to find a job.

When Chen Yiyang contacted these people again, he promised them better salaries and benefits.

Of course, more importantly, after learning that the colleagues who only consumed resources without working wouldn’t be rehired by the company, they all agreed to return to work.

So after all this, Chen Yiyang retained about two hundred employees.

Chen Yiyang didn’t make significant adjustments to Bilibili’s current website ecosystem.

Even though the incentive for videos on Bilibili was cut repeatedly, Bilibili still maintained a large number of excellent creators who contributed for love without pay.

Chen Yiyang only needs to bring in a few major advertisers to directly engage with the content creators to place ads, ensuring small to medium-sized creators earn decent revenue, stabilizing Bilibili’s current traffic.

In the future, Chen Yiyang prefers a healthy interaction between his other enterprises and Bilibili, rather than forcing a website with inherently low commercial attributes to make money.

After solving all big and small issues at Bilibili swiftly.

Chen Yiyang handed over most of Bilibili’s affairs to Xu Yun.

He wasn’t interested in being an office-tied boss at Bilibili.

Moreover, he had a whole host of other matters to attend to.

The most important of which was Flash Sale.

Yiyang Flash Sale has already fallen far behind Ugly Group and Taobao in this area.

During the period when Chen Yiyang bought Bilibili and officially parted ways with Jindong, Taobao and Ugly Group had already completed the first round of battles, and were continuing to escalate the subsidy war in the field of Flash Sale.

If Chen Yiyang’s side slowed down any further, they wouldn’t even get a taste of the soup.

"In just one month, Taobao and Ugly Group’s businesses in the Flash Sale sector both achieved growth rates above twenty percent.

This growth mainly came from subsidies. This round of subsidies even led to the revenue of major chain supermarkets and offline stores rising by more than fourteen percent.

To buy fruit offline would usually cost thirty yuan, but if ordered on-site and chosen for self-pickup, users only need to pay less than ten yuan.

The scale of this subsidy is too exaggerated."

Liu Xiaoyue said to Chen Yiyang, "If we also join in, the money we need to spend would probably be even more than the other two.

After all, in terms of brand reputation and influence, we are at a disadvantage."

"So, how much do we need to invest in the first three months?" Chen Yiyang inquired.

"We need to prepare at least around ten billion." Liu Xiaoyue replied.

Chen Yiyang frowned as he heard this number.

Buying Bilibili had nearly drained all his cash.

Now he really lacked cash.

The shares of Kuxing Coffee, Marte Bubble, and Tail Product Meeting were still in hand to sell.

Kuxing Coffee shares can’t be sold. After all, Kuxing Coffee is a company directly controlled by Chen Yiyang, with its annual profits still growing, it’s bound to get better and better when kept.

The rest are the shares of Tail Product Meeting and Marte Bubble.

Chen Yiyang plans to sell the shares of Marte Bubble, but not now.

On one hand, Marte Bubble just went public, the shares are not yet unrestricted, and selling directly to other large investment institutions would definitely come at a low price.

On the other hand, Marte Bubble’s plan given by Yang Ning is very promising. In one or two years, Marte Bubble’s shares will be worth much more than they are now; selling them now would be a pure loss.

Then there’s only Tail Product Meeting left.

But Tail Product Meeting has very good integration with Chen Yiyang’s live-stream e-commerce company, and the cooperation is very close.

If Chen Yiyang sold his shares, it would be akin to giving a free wedding outfit to others, helping them make money.

This is also not feasible.

With this in mind, Chen Yiyang could only first let Liu Xiaoyue push the work forward.

He would look back and see if there were other ways to raise cash.

If not, he would have to borrow from the bank. But that would mean working for the bank again.

After deliberating for a few days, Chen Yiyang went to Serbia again.

Because the general plan for Yiyang Automobile’s investment in Serbia was already finalized.

Chen Yiyang needed to go there to sign an investment agreement with the local government in Serbia.

On a flight towards Europe, passing over some unknown country.

Anyway, when Chen Yiyang got off the plane and checked his phone, he found a piece of intelligence without marked country and location about a treasure recovery.

Today’s intelligence, a shipwreck worth several billion US Dollars: An Ancient Roman shipwreck is quietly lying in a certain high seas area.

A professional salvage team is seeking investors to sponsor them to recover the materials from this shipwreck.

Investment in this team now would yield huge returns.

The information and contact details of the involved parties are attached on the second page.

Salvaging a shipwreck?

Chen Yiyang was taken aback.

It was his first encounter with such a treasure chance.

Of course, the main reason is that he had only been operating domestically before, and domestically, any culturally significant discoveries raised from the seas belong to the state.

So there are no private salvage teams in the country.

But now, seeing this piece of treasure intelligence, it indicated that this salvage would take place on the high seas, and relatively speaking, it would have much fewer troubles.

Moreover, Chen Yiyang glanced at the amount.

A shipwreck valued at several billion US Dollars.

What on earth did this ship carry to be so valuable?

Could it be a ship full of gold?

But even gold shouldn’t be this valuable, right?

Chen Yiyang was extremely curious.

However, treasure intelligence has never been wrong before.

Thus, after arriving in Serbia, Chen Yiyang immediately had people investigate this salvage organization.