Yang Chen could understand the delivery guys’ feelings, but he really couldn’t help them.
Just look at the data.
In 2019, Mi Tuan’s net profit for the whole year was 4.5 billion yuan.
In 2020, Mi Tuan’s net profit for the whole year was 3 billion yuan.
In 2021, Mi Tuan’s net profit for the whole year was -18.7 billion yuan.
The most critical is that last year Mi Tuan was fined 3.5 billion for antitrust.
According to data, Mi Tuan currently has about 3 million riders.
If all these riders are incorporated into the company, each rider needs to have social security and insurance.
If the average monthly income of riders is 5,000 yuan, then the company needs to bear about 20% of the social security cost, which means Mi Tuan needs to pay 1,000 yuan per rider for social security costs each month.
With 3 million riders, that’s 3 billion a month, and 36 billion a year.
Even at its best, Mi Tuan’s annual net profit was only several billion, and last year it lost over 18 billion, if it has to bear 36 billion in social security costs for the riders,
how can Mi Tuan carry on, it would have to close down.
No investor, no matter how foolish, would continue to invest in Mi Tuan, this is an inherently unprofitable company, the commission rate would need to be sky-high to earn over 30 billion a year just to subsidize the riders’ social security costs.
This is also why Mi Tuan outsources, and the country doesn’t penalize them; it’s not that they don’t want to take corporate responsibility, but they truly can’t handle it.
Yang Chen explained this in detail to the delivery guys using data, and they all fell silent.
No one realized until they heard it; turning the riders into employees is this costly.
Even these social security costs can only be borne by the net profits of giants like Longwei, Aligaba, and Penguin Technology.
The key is that incorporating the riders into the company involves more than just social security costs.
Riding is a high-risk occupation, with annual work injury expenses also being frightening.
Therefore, Yang Chen’s suggestion was to help them strive for an improved evaluation system.
As for incorporating them into the company, everyone should stop thinking about it.
Someday, when Mi Tuan can create its own products on the platform and make more money, perhaps then it will be possible to incorporate the riders.
At this moment, many people were leaning by the window upstairs watching the scene.
"Who bought this building?"
"I heard it was a delivery guy. Because someone gave him a bad review, he got so mad that he bought the building and threatened to raise the rent for the company unless they delete the review and pay up."
"Damn! So extravagant! Are delivery guys this impressive now? Which one is he? I want to go down and chase him. It’s not about the money; I just like the delivery guy."
"Haha..."
"The tall one in the middle with the neat outfit, he’s the one who bought the building."
"So handsome! And so rich, isn’t he the man I’ve been waiting for? I have to go down and get his WeChat!"
...
At this moment, Yang Chen explained things to the delivery guys, and then everyone dispersed.
Yang Chen put the property papers of the building in his car and drove away.
The female white-collars who wanted to come down and ask for his WeChat missed him, stomped their feet in regret watching his car leave.
Yang Chen brought the property papers home.
Yu Shishi and Maya were having lunch.
"Huh? Sir, you’re back! Why didn’t you say anything?" Yu Shishi stood up and asked.
Yang Chen smiled and said, "I just bought a building and came to bring back the property papers."
Yu Shishi and Maya hurried over to take a look.
They opened the boxes Yang Chen brought in, and sure enough, inside were the neatly arranged property papers for every room in Qianjiang No.1 Mansion.
Yu Shishi: "Sir, are you planning to just sit back and collect rent? You already have Haisang Financial Mansion, and now you’ve bought Qianjiang No.1 Mansion."
Yang Chen: "I have to plan for the future, don’t I? When I get old and can’t work anymore, I’ll live off the rent with my partner."
Maya: "Hehe... Chen, you really plan ahead. I heard from Shishi that you own many properties and are very rich. Can I discuss something with you?"
Yang Chen: "What is it?"
Maya: "You go to my family to propose, saying you want to marry me. We’ll get a certificate for show and secretly divorce later. We won’t affect each other in the future. What do you think?"
Yang Chen: "I don’t think that’s necessary. If your family were a big company, I could handle it. But your family is the Royal Family, I can’t mess around. At least for now, my abilities aren’t enough to deal with the Royal Family. That has to be handled on a diplomatic level, and I can’t cope with that."
Maya: "I’ll give you money, I won’t let you help for nothing. I’ll give you all the money I have; it’s about 2 million Dragon Country Coins. You know, once you become my husband, even if only in name and outsiders don’t know about our sham marriage, you can get into the oil business. You say we have one fabric above our heads, we are the richest in the world. But what’s the reason for our wealth? Because we have oil. If this works, I can get rid of that lousy old man, and you can get into the oil business, it’s a win-win. Isn’t it good?"
Maya’s father wanted to use her as a tool for political marriage, clearly trying to secure a powerful alliance.
Yang Chen wasn’t afraid of clashing with such a powerful alliance, the key is he didn’t want to be too high-profile.
Now with the internet so developed, if it gets known by everyone, how can he still rely on driving to get rewards?
Perhaps doing oil business might be very profitable, but compared to system rewards, it’s nothing.
Never mind other things, how much oil would need to be sold to earn 25% of Mi Tuan’s stock equity?