Chen Yiyang still had quite a good impression of Mishu Ice City, and used to enjoy drinking their beverages with the junior accountant.
But now they've become competitors, which isn't fun anymore.
"How does Mishu Ice City keep their costs so low? A cup of lemonade for four yuan, even with flash sales subsidies, they have to pay part of the discount themselves, can they still make money?" Chen Yiyang asked.
"They can, actually, even without the subsidies from Taobao and Ugly Group, they can make a profit selling a cup of lemonade for two yuan."
Jiang City explained to Chen Yiyang, "According to the information in their own prospectus, the cost per cup of lemonade is only one yuan and twenty cents."
After discussing the cost, Jiang City continued explaining to Chen Yiyang, "Mishu has opened too many stores, so their bulk purchasing costs are actually very low.
