Chapter 476: 387: Revealing the Sharp Edge
Chapter 476: Chapter 387: Revealing the Sharp Edge
Huabei had already started a beta test recently.
If Cheng Zhu remembered correctly, it appeared to have fully launched at the beginning of April.
Its emergence had a huge impact on the youth consumer market!
The impact could even be described as unprecedented!
Although the popularity of credit cards in China wasn’t as high as in many Western countries,
the arrival of Huabei equated to everyone holding a credit card in their hands.
To be exact, it was even more useful and convenient than a credit card.
Previously, everyone’s wallets were merely empty.
Now, it could directly turn your wallet balance negative.
For some, Huabei brought great convenience to life, but for others, it was an abyss.
Cheng Zhu himself had made his fortune through e-commerce in his past life, so he was highly sensitive to e-commerce data.
He not only studied current data but also searched for and researched past data.
“In my memory, back in 2015, Alibaba’s Singles’ Day sales seemed to have reached 90 billion, seemingly growing by 60% compared to the previous year!”
That figure, at that time, was sensational nationwide, second to none!
“And you have to know, Huabei, as a novelty, was experiencing year-on-year increases in users.”
“In 2015, there actually weren’t many people using Huabei yet.”
“But the effect it had was already quite exaggerated.”
Remembering this, Cheng Zhu couldn’t help but think of the so-called “lickdog economy.”
“The installment payments of Huabei are just too suitable for ‘lickdogs’.”
What do you think?
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