Reborn in 08, a heretical cultivator starting a business

Chapter 91 The Traffic Code: Buying a Villa for Parents!
Wang Junshan was confident of victory: "We don't need to worry about the venture capitalists' attitude. We don't lack money right now. We'll just sell more grey market iPhones."

"Okay!" Tang Jinghe breathed a sigh of relief:

"However, boss, iPhone 3G sales have dropped significantly these past few days, and WeChat's user growth rate has also slowed down considerably. We estimate that we won't be adding more than 10 new users today."

“Normal.” Wang Junshan was not surprised.

Previous media reports focused on the province.

The current limit for internet users in the province is only 2000 million, and the number of WeChat users exceeds 260 million, which is already quite good.

"It's okay, we have a big project planned for next month, then we won't lack traffic!"

The model of WeChat + YouTuan International Vertical E-commerce + YouTuan Campus Group Buying has no problems.

Whether it's WeChat's development or its profitability, it's all perfect.

The key is traffic!

The key is to generate a continuous flow of traffic to drive the growth of WeChat's user base and generate ongoing revenue for U-Tuan International.

The initial campus group-buying QQ groups attracted a small influx of users, which eventually led to over 100,000 WeChat users.

The subsequent inspection by the vice mayor was reported by provincial and municipal media and television stations, generating a huge amount of traffic and bringing the number of WeChat users to over 260 million!
But this traffic is always limited!

Wang Junshan believes that only by constantly seeking new sources of traffic can WeChat and YouTuan International continue to develop.

The social game WeChat Farm, which will be launched in August, is the best choice.

That's the ultimate secret to generating traffic!

As a top-tier social game, FarmVille can bring a continuous stream of traffic and users to WeChat!
Kaixin.com was only established in April of this year, and by the end of this year, it only had 1000 million registered users and a peak daily active user count of only 100 million.

Within a year of its launch, Happy Farm saw Kaixin.com's registered users increase to 7000 million, with peak daily active users reaching tens of millions!

Six or seven out of ten users are doing this to steal virtual crops!

Many people set alarms to get up in the middle of the night and steal virtual vegetables!
Some doctors even delayed their medical treatment because they were busy stealing vegetables!
The popularity of stealing vegetables from farms is unimaginable; it's definitely a nationwide phenomenon!

After more than a month of development, WeChat Farm is nearing completion.

Once it goes live, it's bound to become a viral sensation.

The number of WeChat users and downloads must have reached an incredibly alarming level!
In its previous life, even a simple web-based platform like Kaixin.com could gain tens of millions of users in a single year by leveraging Kaixin Farm.

WeChat has social networking among acquaintances, YouTuan International, and YouTuan group buying, so there's no reason why it's inferior to Kaixin Internet Cafe.
Wang Junshan is very much looking forward to how many more users he can add.

In its previous life, in 2009, Happy Farm had over 30 million active users in China, with over 100 million registered users.

With such a large amount of traffic, there are countless competitors who want a piece of the pie!
Once WeChat Farm is launched, these competitors will also jump out and copy it.

The key is to maximize the prevention of plagiarism!

Wang Junshan thought carefully and quickly came up with several targets:
"Mr. Tang, please keep an eye on the actions of Kaixin001 and Xiaonei..."

In the past, Renren.com was the first to plagiarize, creating a game called "Happy Farmer"...

Kaixin.com is a blatant rip-off; they've added a feature where buying a house comes with a free garden and the ability to steal vegetables...

On the contrary, the BAT giants are spending real money to buy licenses or import genuine products!

Wang Junshan had to be wary of both of these rogue websites.

After the call ended, Wang Junshan saw that the three of them were staring at him blankly.

"What's wrong?" Wang Junshan asked.

"Um... Boss, you quoted Tencent a valuation of 50 billion for YouTuan Technology?" Shen Huaijin couldn't help but ask. "Yes."

"This...this...this is too much, isn't it?"

Shen Huaijin was speechless.

Wang Lingchuan and Song Yunhua were also completely dumbfounded; they had so much money they couldn't even count it all.

Wang Junshan smiled faintly: "Right now, YouTuan Technology is indeed not worth a valuation of 5 billion, but who knows what will happen next? Especially in two months, it may be worth more than 5 billion!"

With 260 million users, even with YouTuan International's considerable revenue, WeChat's heavy reliance on grey market iPhones makes a valuation of over one billion difficult.

But by the time the farm was launched, WeChat's user base had expanded to tens of millions!

Then YouTuan International's revenue will reach a terrifying level!

A valuation of 5 billion at that time doesn't seem impossible!

Moreover, with the outbreak of maternal and infant health issues, YouTuan International, which focuses on imported products, could experience a huge surge in popularity!
We'll also be fully committed to campus group buying soon!

As a reborn entity, it would be quite easy for YouTuan Technology to grow rapidly.

Otherwise, wouldn't my rebirth have been in vain?
This is why Wang Junshan avoided meeting with Tencent's e-commerce investment department.

Tencent's e-commerce division is valued at only 55 billion to 60 billion yuan, so it's impossible for them to give a valuation of 50 billion yuan. Naturally, Wang Junshan didn't bother with it.

Without much explanation, Wang Junshan looked around his old house:
"Dad, Mom, this house is a bit old and doesn't have an elevator. I'm thinking of buying you a villa so you can enjoy life."

"And the car, it's time to change it too. Mercedes, BMW, Audi, or even Porsche or Bentley, any of them are fine!"

Shen Huaijin has a Cayenne, so Wang Junshan doesn't need to rush to buy a car. But now that he's making money, he wants his parents to enjoy themselves first!
Although both parents work and have a decent income, they are reluctant to spend money.

Now that Wang Junshan has achieved success in his business, he naturally wants to make sure his parents live a comfortable life!
If you can drive an Audi A8, who would want to drive a Volkswagen Jetta?

"No need, no need!" Song Yunhua quickly waved his hand: "Although this house is old, I'm used to living here, there's no need to move."

Wang Lingchuan also chimed in, "There's no need to change the car. I've only had my Jetta for a few years, and it's working perfectly. Changing it would just make it less comfortable."

"Dad, Mom, money isn't something you can save up for. Before, when our abilities were limited, even if you wanted to change things, I couldn't afford it. Now that we have the means, naturally we should try our best to give you the best life!"

Wang Junshan said with a smile, "In my opinion, the detached villas in the National Games Village are quite nice."

If I remember correctly, it won't be available until the end of the year, which is right when the financial crisis is at its worst, so you can buy at a low price!

“No way! The average price of a house in Jeju is only 5000 per square meter, while a detached villa in the National Games Village costs 25,000 per square meter. That’s too expensive. We can’t buy it!” Wang Lingchuan retorted decisively.

"It's alright, Dad. Villas are certainly more expensive than ordinary houses, but they have a higher appreciation potential!"

"Don't be fooled by the current price of 25,000 yuan per square meter. In ten years, it might be 75,000 yuan per square meter, and in fifteen years, it could be 125,000 yuan per square meter."

"It will go on sale at the end of the year. If we buy it, we won't lose money; we'll only make more in the future!"

"Really? That location is so good? And its appreciation potential is so great?"

Shen Huaijin was somewhat surprised: "You're definitely right, I'll buy one too!"

But Wang Lingchuan was still a little worried: "Junshan, 25,000 yuan per square meter, a detached villa of 800 square meters, would cost 20 million yuan, right? Won't there be financial pressure? You're starting a business, and there are many places where you need money."

Wang Junshan waved his hand: "It's alright, a loan will do. These days, who buys a house outright?"

"Then you guys decide what to do. The house can appreciate in value, so we can consider it. But don't buy a car. My Jetta drives very smoothly."

“Okay, we’ll change the car later. Let’s go look at houses first,” Wang Junshan said.

(End of this chapter)