Traditional retailers need digital transformation to keep up with consumers

In the digital era, everything seems to move at a faster pace. To meet the needs of today’s technology-savvy consumers, suppliers, retailers, and companies in the traditional retail sector have been seeking to transform themselves.

“Believe it or not, consumers in China they are fully digital and a lot of brands and retailers are sort of analog,” Paul Wong, Vice President of Fung Group Explorium, said during a Fireside Chat on TechNode’s ORIGIN Disrupt stage at SWITCH (Singapore Week of Innovation and Technology).

Fung Group is a Hong Kong-based supply chain management company that covers a wide range of businesses from product design and development, raw materials and factory sourcing to distribution. The company work with a network of 15,000 suppliers globally.

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom