Chapter 814 - 332: Li Yang at a Loss for Words (2)

Chapter 814: Chapter 332: Li Yang at a Loss for Words (2)

After all, users who don’t want to come won’t use it just because of this.

And generally small niche apps have limited audiences; companies would rather spend their marketing budget elsewhere than share money with old users.

On the internet, the trend is such that old users are less valued than dogs.

Clearly old users are the backbone of the platform, but the platform knows that old users won’t leave easily, so no benefits or treatment are given, and there’s even a specific algorithm to make old users spend more money.

For instance, old users rarely get vouchers for taxi rides.

But new users have vouchers that seem endless.

Old users ordering food face all sorts of voucher usage restrictions, while new users who just registered are showered with hundreds of vouchers usable in any scenario.

The shopping platform also talks about things like gold memberships and platinum memberships, but in reality, they are of little use, apart from making users feel like VIPs; the platform certainly doesn’t treat those members as distinguished guests.

In a short period, Kuai Pai attracted massive traffic, and various video data exploded.

Two hundred billion is still quite shocking; currently, no company is willing to shell out two hundred billion, especially since most of it is shared with old users.

At most, they would fork out a few billion as a gesture, or publicly claim to offer tens of billions, but the actual benefits are just various vouchers.

Li Yang doesn’t know how much traffic Kuai Pai will retain after this, but it mostly indicates that Kuai Pai’s traffic has reached its peak.

Those who needed to know basically know by now.

Previously, Kuai Pai faced many restrictions.

For example, on WeChat, sharing directly related content was not allowed.

Other platforms barely had any Kuai Pai ads; Kuai Pai’s traffic growth relied heavily on user word-of-mouth alongside keyword ads purchased in major smartphone software stores.

It’s not that Kuai Pai didn’t want to promote, it’s simply that others wouldn’t accept related ads.

Platform competition is there, coupled with Li Yang’s representing capital being different from theirs.

In the eyes of global capital, Li Yang is an oddball, out of sync with them.

Yet this guy is incredibly wealthy, as if his money never runs out.

He never faced a cash crunch during his entrepreneurial journey and never even considered costs.

For example, Green Water Heaven and Earth’s app just launched with huge traffic, yet they only sell cheap masks on it without listing other products.

For example, Kuai Pai already has significant traffic; if they enabled live-stream shopping or showcased products, annual revenue could increase by at least several hundred billion, with profits ranging from tens to hundreds of billions.

Just look at Douyin, live-stream shopping has created numerous billionaires, and the platform has profited handsomely.

Short video platforms are extremely costly, and Kuai Pai spends more than a hundred billion annually on bandwidth and server costs alone, plus employee expenditures and various costs amounting to over four hundred billion in fixed annual expenses.

If it’s not profitable, how does it survive?

Yet Kuai Pai endures, carving out a bloodied path.

Over the years, Kuai Pai’s total investment exceeds a whopping one trillion!

No capital in the world is willing to invest so much without seeing tangible results.

Extreme Shadow Cars are similar; even though monthly sales are nearly forty thousand units, prior investment was so massive that they’re certainly not profitable now, with overall losses still exceeding one trillion.

That’s why Li Yang hasn’t faced many operational issues—too much money.

Everything flows smoothly, as no one is willing to plunge over a trillion like him.

...

Zheng Dasheng came to Jiang City with several shareholders.

Li Yang treated them to a meal; at the dinner table, Zheng Dasheng said, "President Li, thank you for keeping us around back in the day. We brothers never imagined we’d see a day like this."

Even though Li Yang took charge of donating tens of billions of euros, nearly two months later, thanks to exports, they still earned a lot.

So far, it’s been in two phases.

Starting with a 3-euro pricing for two weeks, during which production kept pace, averaging three cargo flights per day with a transport volume of about two hundred fifty tons.

Daily earnings were thirty-six million euros.

Over those two weeks, they made fifty billion euros.

Then came the second phase, lasting a full month and a half, priced at 1 euro, with four daily flights and daily revenue reducing to only sixteen million euros, but the duration was long enough, nearly fifty days.

That adds up to eighty billion euros.

There’s likely a third wave soon, possibly another few billion euros, surely turning around Green Water Group this time.

Now, Green Water Group’s market value is over a trillion, and even though they only hold 3% of shares, compared to their investment years ago, it has multiplied several times.

Previously, their net worth barely crossed a billion, with the bulk being various industries.

But now? Each of them holds stocks worth billions.

Xinguan once tried to cripple them one by one, but due to Li Yang’s presence, not only did their assets soar, but they also witnessed real influential figures of this world.

In their view, other so-called bigwigs are nothing!

Only Li Yang qualifies to be playing chess on the global stage.

Li Yang quickly said, "President Zheng, you did this, what’s it got to do with me? However, considering you’re a founding member, there’ll be no penalties for this matter—let’s not bring it up again."

"Yes, yes, I’ll drink first as a gesture!"

"No way! I’m not drinking..."

In business circles, Li Yang never drinks.