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These 4 failed directions make what ofo it is now

The best success stories often begin with failures. What we see are the hefty funding rounds, skyrocketing valuations; what we overlook are the embarrassing first efforts, setbacks and radical change of directions. Ofo, the first company bike rental company to gain unicorn status in the emerging sector, meets nearly every definition we have for a successful […]

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And the ChinaBang 2017 Awards go to …

It’s that time of the year again: the festive weekend for Chinese techies, startup entrepreneurs and investors alike. ChinaBang Awards, an annual ceremony recognizing the best startups in China, is on the go. To continue last year’s initiative in finding out the amazing startups nationwide- not just 1st tier cities, this year’s ChinaBang Award ceremony […]

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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 […]