JW Real Estates did not disappoint as they quickly launched a counter-attack against the Hank family’s series of attacks.
It was one single counter-attack.
Yet the moment this attack was made known to the public, the gossipers in Southeast Province were in an uproar.
Everyone now looked at JW Real Estates with inexplicable surprise and excitement.
That was because JW Real Estates… had stolen the Hanks family’s electronics business in Waterhoof City!
It was a trade with four billion revenue each year and a profit margin that was guaranteed to be over 30% percent. It was stolen, just like that.
This business was one of the Hanks family’s main pillars of survival recently.
The Hanks family used to be just as powerful as Dawson, but multiple of their properties later faced bankruptcy and they made huge losses since their failure in the Southface River Project.
Moreover, the Hanks family had only been doing worse ever since Sylva and Zayden stepped down.
The loss of this business trade was a critical hit to the Hanks family!
However, this was not the end.
JW Real Estates’ parent company had issued an official statement on the first day of work after New Year’s holiday.
[JW Capital is officially setting up JW Electronics, which will mainly focus on the vigorously growing electronics industry in the country. JW Electronics has already achieved a partnership with the strongest electronics company in Waterhoof City, with the agreement that JW Electronics is to buy no less than five billion worth of goods each year. JW Electronics welcomes all sales channels to partner with us.]
Following that was an official statement from Schuler Group.
[All 232 supermarkets under Schuler Group in the country will open a section solely to sell goods from JW Electronics. The first three months will be a promotional period and all electronics will be sold at a 20% discount.]
To describe it plainly, they were getting rid of the Hanks family for good.
“The Hanks family is still going in full swing to try to cut JW Real Estates down 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 got nothing left.”
Someone commented.
As of that moment, this was no longer an issue within the Southeast Province, but one that attracted attention from all over the country. Especially those who were in the electronics business.
Orders worth five billion Somer Dollars a year! That was enough to shake the country now as its market was not considered too big yet.
A huge monster in the electronics industry had appeared in the Southeast Province overnight, and that infuriated other businesses in the same industry in other provinces.
Everyone was irritated at the insignificant Hanks family. If not for this f*cking family, they would not have such an immense competitor to worry about right now.
“I didn’t start up this electronics company just to have the last word. I did it because this is a promising industry.”
Sitting in Dawson’s office, Jasper pulled 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, the product and its new name would be a major hit throughout the whole country—the MP3 player.
In truth, the first MP3 player had already been invented in Coreana three years ago.
Last year, in the year 2000, this device had also begun to trend in European countries and the United States.
However, the MP3 player would only truly trend in 2002. Since Jasper had the 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 by 50% each year. Up until 2010, at least, for that was when the MP3 player would slowly phase out and be replaced.
It had to be known that the first person who built a fortune through electronics had made their first big bucks through this cheap yet profitable MP3 player.
From 2002 to 2010, this device would accumulate a profit totaling 500 billion.
“This is it?”
Dawson was very doubtful considering he did not have memories from the future.
“You spent 2,000 bucks to import this, and you’re telling me this music listening device will earn you at least one billion a year?”
