Rebirth: Super Banking System

Chapter 1787: Chapter 1616: Don’t Look Back (Please Subscribe!)

Amazon.

Jingdong.

When comparing the two.

It’s evident.

Huaxia residents feel more connected to ’Jingdong,’ and similar companies like Su Ning and Gome have already gone public. Therefore, Jingdong became ERV’s first choice in e-commerce layout in Huaxia.

-Cheaper.

-Similar ideology.

-Lacks funds.

Tang Qing is openly Ali’s major shareholder, so direct involvement is inappropriate. Going all out, ERV invested in Penguin, then Jingdong, making everyone see this as a normal course of action.

Amazon is not thriving in Huaxia.

ERV bought its competitor; if Ali is unaffordable, then Jingdong it is.

The logic is sound.

Future.

According to Tang Qing’s views.

In the e-commerce field.

Domestically.

The competition would primarily be between Ali and Jingdong. Su Ning, Gome, and other platforms would serve as supplements and can be set aside; having the largest market share is what’s essential.

Internationally speaking.

Amazon.

Hummingbird + Ali.

The competition between these two primary camps would lead the way. Facing international expansion, besides the two camps, there exist plenty of competitors rising from within each country, so a strong opponent is necessary.

No need for excessive concerns at the start.

Otherwise.

Doing business in other countries can quickly generate public opinion pressure when one ’bullies’ their enterprises, inciting resentment and making them retaliate irrationally.

If there’s an opponent.

Just go for it.

Regarding your enterprises being harmed.

I’m sorry.

It’s not targeted at you, just collateral damage; perhaps you should keep a distance? Yes, further away, exactly, great job, achieve enough distance until you disappear from view.

Yes.

That’s how.

Keep it up!

Do not turn back.

So you won’t be collateral damage again.

…

Early morning.

Before dawn.

Shanghai Stock Market.

Urban Village.

Bai Yuan woke up early to help his parents. Already, quite a few customers have arrived, mostly commuters from distant companies, taking the earliest bus, showcasing Shanghai’s struggles.

Parents entertain the guests.

He is in charge of collecting cash.

“Why isn’t anyone using it?”

“Indeed.”

Over half an hour passed with the QR code displayed.

Not a single scan.

Bai Yuan’s parents pursed their lips. Bai Yuan was similarly helpless, saying: “Dad, the functionality just went online last night. You have to allow people time to adapt; you can’t expect everyone to use it overnight.”

Moreover.

This QR code looks somewhat ’shaky,’ printed from a Polaroid. It can be scanned but isn’t too clear. Once the printing shop across opens, a clearer version is needed.

“True.”

“Then let’s wait.”

Several minutes later.

More customers arrived; it gets continuously busy for over an hour during this time every day.

“Is this a payment code?”

Finally.

Someone noticed these two black-and-white snapshots.

“Yes.”

“You should write something indicating it enables mobile payment, or how would people know?” a customer said. The photos are small and monochrome, and, unnoticed, might be mistaken as discarded pieces of paper.

“…” Bai Yuan was stunned.

Cursing himself as an idiot.

Indeed.

You simply display a QR code.

Without clarification, how would anyone know its purpose? No wonder; despite studying marketing, his intelligence wasn’t engaged upon waking up. He needed a bite of the bun to recharge.

“Thanks for the tip.”

Next.

He indeed took a bite of the bun.

Upstairs, he grabbed a red pen, took a large cardboard, wrote ’Supports WeChat and Alipay payments,’ and placed it before the stall. The photo was too small to convey clearly.

Sure enough.

The effects were immediate.

“You support mobile payments?”

“Yes.”

“Pretty trendy, uncle.”

“Haha, my son did it all.”

“Let me try.”

“I’m in too; it’s the first time using mobile payment to purchase something.”

“…”

After the first one.

More people started experimenting with scanning the code, and Bai Yuan and his father listened with joy as inbound payment notifications echoed through earphones, reducing labor and tiring cash handling.

“Is this all there is to it?” a nearby elder, amazed, remarked.

No cash exchange.

Scan and go, genuinely remarkable.

“Yes.”

Not everyone uses smartphones.

Nowadays.

Most use feature phones; Epoch is too expensive, even after a year, prices remain around four thousand, and low-end phones aren’t cheap either; the thousand-dollar phone era doesn’t mean under a thousand.

“Can my phone be used?” the elder produced a Nokia.

“That isn’t a smartphone, so it won’t work.”

“That’s a pity.”

“Consider buying one.”

“Too pricey.”

“You can buy a cheaper one; Huawei’s costs just over a thousand.”

“I thought it was several thousand.”

“Elder, that was last year; now, all major mobile phone companies have launched mid-to-low-end models, while a smartphone costing over a thousand may not perform exceptionally, it’s adequate for daily use.”

“I’ll visit the store later.”

“…”

The sky gradually brightened.

Business continued.

Although most people still relied on cash, it was a promising start.

Moreover.

Many observed this new payment method and glanced at their feature phones.

Perhaps.

It was indeed time to change.

This mindset.

Reflected on Epoch’s official sales website, where orders surged from midnight onwards, over ten thousand phones sold before daylight, with millions in sales revenue.

Surpassing countless companies’ annual efforts.

Meanwhile.

Other smartphone manufacturers got the hint and increased promotions; in July, after filling out preferences and receiving enrollment notices, it was time for parents to equip children with the essentials.

…

Qingyan City.

Yantang Amusement Park.

Early in the day.

Hundreds of merchants received QR codes distributed by the management committee; belonging to the Tang Family, it naturally responded first, adding QR code payment in every cash-usage area.

Even individual performance stages had them.

Printed large.

Visitors can scan to ’reward’ without crowding forward; although these performers are transient, the management committee separates daily income, belongs to the rightful person.

No occupying, no taking.

“Everyone, try it yourselves, familiarize yourselves.”

“Not mandatory.”

“Just an additional payment method.”

Although part of the Tang Family industry, it isn’t imposing, forcing merchants to use it. Some prefer cash, enjoy seeing the red notes; their preferences can’t be arbitrarily deprived.

On this point.

Merchants were happy to accept.

At least.

No fear of receiving counterfeit currency.

Besides here.

Every alley of Qingyan City received freshly printed gifts throughed by couriers from the wee hours; none aimed at end-users but various pickup points.

All are merchant-run.

A week promises.

Ensuring redundancy; truthfully, upon registration starting last night, these data circulated nationwide to printing factories, where some worked overtime to print, dispatched earlier by Hummingbird Logistics.

Though Hummingbird Commercial Storage isn’t operational.

But Hummingbird Logistics isn’t the same.

Sheng Tang Group’s apparel, Qingyuan Technology’s phones, Microcrystalline Technology’s ’Time,’ relied on Hummingbird Logistics within the Tang Family industries, rather than freight deliveries, reducing countless costs.

However.

It didn’t completely avoid couriers.

Hummingbird primarily deals with transportation, nearly no distribution presently, thus the last mile still borrows channels of other logistics companies, yet overall costs dropped significantly.