Rebirth in 1989: Building a Chinese Technological Empire

In Henan Province, Wang Changqing is 22 years old. He has not been to college and now works as a network administrator in an Internet cafe. He earns 600 yuan a month, including food and accommodation.

Wang Changqing is very satisfied with this income. Although he needs to stay up late every day, he likes this job very much. After all, he likes playing games. Being a network administrator not only makes money, but also gives him a free computer to play with.

He also watched the press conference of Huasheng Group. He also likes the products of Huasheng Group and wants to buy an S2 mobile phone, but unfortunately he is short of money.

Wang Changqing is a representative of ordinary working people. 600 yuan a month is not a small amount, but he spends money every month and basically cannot save any money. Sometimes he even borrows money a few days before the salary is paid.

The day after the press conference of Huasheng Group, Wang Changqing came to the Huasheng Direct Store near the store early in the morning to get his Alipay account.

Although it has just been opened for a short time, there are already many people in the store, most of whom are young people, and many of them come to consult about their Alipay accounts.

The staff in the store also patiently explained to everyone, not only how to use Alipay, but also how to shop in Panda Mall and Alipay.

The process is very simple. For young people, they will be familiar with it after reading it once.

It is also very simple to register and activate Alipay. Take your ID card to fill in the basic information, then verify the face, fingerprint, and mobile phone verification code, and finally activate the payment shield.

The deposit is 20 yuan, and you can return it at any time if you don’t want to use it in the future.

The reason for the 20 yuan deposit is not only to prevent unnecessary people from coming to activate it randomly, but also to ease the financial pressure.

After all, as long as you use the payment shield, the deposit is in Huasheng Group. Once you use Alipay, you can’t leave it.

When the payment shield is eliminated, it will take at least seven or eight years or even decades. By that time, 20 yuan will have depreciated a lot.

20 yuan, in this era, is not much, but it is really not a lot. You know, many people can’t make 20 yuan a day.

Fortunately, the deposit can be refunded at any time, so more people try it. If it doesn't work, you can return it at any time. Just bring the payment shield and you can get a refund. Everyone still trusts the reputation of Huasheng Group.

Like everyone else, Wang Changqing registered Alipay, activated the payment shield, and left with the payment shield.

When he arrived at the Internet cafe, Wang Changqing couldn't wait to enter the Panda Mall to look around.

When Wang Changqing started to browse the Panda Mall, he couldn't stop. There were too many things, and the classification was very detailed. You just need to search for what you want to buy.

And the prices are high and low, and some things are really cheap.

Especially some clothes, Wang Changqing couldn't believe his eyes. A pair of beautiful-looking sneakers usually cost 20 or 30 yuan in the store, but now on the Internet, there is a price of 5.9 yuan, and free shipping.

Some brand products are also much cheaper than in the store.

I can't believe it, Wang Changqing really can't believe it. This thing is much cheaper than the things in the store outside. Whether it is food or daily necessities, whether it is large or small items, the things in Panda Mall are cheaper than those outside.

The products have pictures, text descriptions, various certificates, and many videos, and many things are clear at a glance.

Moreover, new users of Panda Mall can enjoy discounts for their first shopping. This situation made Wang Changqing excited, and he bought a lot of things unknowingly.

He bought a lot and spent more than 100 yuan.

Wang Changqing began to look forward to the arrival of these things. He was very curious about the quality of these products.

To Wang Changqing's surprise, some of the things he bought were delivered very quickly.

I placed an order in the morning, and a courier came to my Internet cafe in the afternoon to deliver things to me.

A pair of sports shoes from the local warehouse, priced at 5.9. Although it is not obvious, it looks good online.

After opening the express package and seeing the shoes, Wang Changqing liked them very much.

The appearance is very beautiful. I tried it on and it fits well and looks very handsome. This situation made Wang Changqing see the charm of online shopping.

"Hey, Mom, I bought you a set of cosmetics online. I wrote your phone number. Remember to take it. The courier will call you when the time comes. Oh, I didn't spend money carelessly. I bought it online. It's cheap. By the way, what's the size of my dad's feet? I bought him a pair of shoes online. It's cheap, just a few dollars. By the way, Mom, if we buy something in the future, you can tell me directly. I will check the price on Panda Mall first, so as not to be cheated..."

Wang Changqing officially became a member of the online shopping army, and also became a microcosm of countless online shoppers around the world.

Panda Mall officially opened, Alipay officially went online, and the world enteredEntering a new era.

In just a few days, many people have experienced the convenience and benefits of online shopping. Not only consumers have experienced it, but many merchants have also experienced it.

Many merchants in Panda Mall have directly exploded in sales in the past few days. Especially some local brands, they originally had few channels in the country and their sales were not large.

But in Panda Mall, they don’t have to worry about the channel problem.

Just set up a flagship store, customers place orders online, and after receiving the orders, they directly send the products to customers through Xingda Express.

For merchants, there are fewer layers of intermediate channels, and the ex-factory price is still the ex-factory price, but the price to customers is much cheaper than before.

Customers get cheap products, merchants ship more goods, express companies earn money from express delivery, and Panda Mall earns corresponding commissions.

This is a win-win situation, and the only ones who suffer are the original middlemen. Now that e-commerce is on the rise, they are suddenly no longer needed, and their losses are the greatest.

The sudden rise of e-commerce has made the prices of many products transparent.

In the past, when ordinary people went to the store to buy things, they had no idea how much the things were worth. They just asked you how much, and they would bargain according to the situation.

Now that e-commerce has come out, everyone has compared and found that many things have such high profits.

For example, clothes, the same clothes, Panda Mall sells for a few yuan, and physical stores can sell for more than ten yuan or even more.

In just a few days, many physical stores have felt some changes.

The volume of goods entering the store has decreased. Not only that, many people will say that the price online is so much after asking the price in the store, which makes many store owners angry and scold Panda Mall.

Some people gain, and some people lose.

Now that e-commerce is on the rise, it has invisibly rectified physical stores.

Physical stores are not doing well, which directly rectified landlords. Landlords have a hard time, which in disguise has reduced the heat of real estate.

In the past two years, China's economy has developed, and the heat of real estate has gradually risen. Now that e-commerce has arrived, it has cooled down the real estate in disguise, which is also a good thing for China. If you can rely on manufacturing to drive the economy, don't use real estate to drive it.