Victory in Life
Chapter 608
JW Real Estates did not disappoint as they quickly launched a counterattack against the Hanks family's string of attacks.
It was a single counterattack.
But when this attack became public, the gossipers in the Southeast Province were in an uproar.
Everyone was now looking at JW Real Estates with inexplicable shock and excitement.
That's because JW Real Estate has stolen Hanks' family electronics business in Westerhoff City!
It was a trade with four billion in revenue each year and a guaranteed profit margin of more than 30% percent, the business was stolen, just like that.
This business was one of the main pillars of the recent survival of the Hanks family.
The Hanks family used to be as powerful as the Dawson, but many of their properties later faced bankruptcy and they suffered heavy losses since their failure in the Southface River Project.
What's more, the Hanks family has gotten worse since Sylva and Zayden resigned.
The loss of this business trade was a critical blow to the Hanks family!
But this is not the end.
The parent company JW Real Estates has issued an official statement on the first day of work after the New Year holiday.
[JW Capital has officially established JW Electronics, which will mainly focus on the fast growing electronics industry in the country, JW Electronics has reached a partnership with the strongest electronics company in Waterhoof City, China, with the agreement that JW Electronics will purchase goods worth no less than five billion each year, JW Electronics welcomes all sales channels to partner with us.]
Here is the official statement from Schuler Group.
[All 232 supermarkets under the Schuler Group in the country will open a section only to sell goods from JW Electronics, the first three months will be the promotional period and all electronic goods will be sold at a discount of 20%.]
To describe it clearly, they got rid of the Hanks family for good.
"The Hanks family is still trying hard to try to cut JW Real Estates when JW Real Estates has just directly uprooted the Hanks family, this is the end of the war, isn't it? The Hanks family has nothing left."
At the time, this was no longer a problem in the Southeastern Province, but one that attracted attention from all over the country, especially those in the electronic business.
Orders worth five billion Somer Dollars a year! that was enough to shake the country now that its market had not been considered too big.
A huge monster in the electronics industry had appeared in the Southeast Province overnight, and it angered other businesses in the same industry in other provinces.
Everyone was upset at the insignificant Hanks family, if not for this damn family, they would not have such a huge competitor to worry about at this moment.
"I didn't start this electronics company just to have the last word, I did it because it's a promising industry."
Sitting in Dawson's office, Jasper took out a brick-like metal box and placed it in front of Dawson who looked very doubtful.
This metal box may sound new now, but in five years, its new product and name will be a big hit across the country MP3 players.
In fact, the first MP3 player was invented in Coreana three years ago.
Last year, precisely in 2000, this device has also started to trend in European countries and the United States.
However, the new MP3 player really did become a trend in 2002, as Jasper had a chance to go back in time, there was no way he would let go of the opportunity to make a profit that was destined to grow 50% every year, until 2010, at least that was when the MP3 player was slowly erased and replaced.
It should be known that the first people to build wealth through electronics have made their first lot of money through this cheap but profitable MP3 player.
From 2002 to 2010, the device accumulated profits of 500 billion.
"Here we go?"
Dawson is very hesitant considering he has no memories from the future.
"You're spending 2,000 dollars importing this, and you're telling me that this music listening device is gonna give you at least a billion a year?"