Tainiqi Zhu admits that the Chinese market might not be ready for second-hand clothing, but he’s willing to make a bet on its potential. “In mainland China, there’s a problem of trust and communication,” says Mr. Zhu. “And even after you convince someone, you still have to negotiate the price. There’s a huge culture of bargaining.” Mr. […]
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China’s answer to Amazon Go aims to conquer the unmanned frontier with facial recognition
Long-waited Amazon Go opened its door to the public in Seattle last week and there has been overall positive feedback. However, unmanned stores are definitely not a new concept for China’s tech-savvy consumers. Since May 2017, when Alibaba launched its first unmanned store with the focus word “new retail”, a flurry of Chinese tech companies has […]
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Taipei-based citiesocial is addressing new trends in Asian e-commerce, backed by Alibaba
Shopping is one of the most popular online activities worldwide. This is even truer in Asia—a region where digital development is taking off in developing e-commerce markets such as Thailand and India, and online retail continues growing strongly in mature markets like Japan, Hong Kong, and China. Asia’s e-commerce industry is thriving and the outlook seems […]
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Three Startup Opportunities In China’s Booming Maternity Market
Being a new mom can be incredibly stressful. If you are drowned by daily chores and still can’t conceive of popping out to the shops for groceries, you are not alone, at least not in China. As the world’s largest country in terms of population, China records more than 16 million newborn babies per year. The […]
