As “new retail” changes from jargon to oft-used phrase, Tencent has thrown their hat into the ring. However, they don’t plan on opening their own stores (the WeChat pop-up seems to have been exactly that). Rather they want to be the foundation to help the retail industry achieve two goals: the digital upgrade of stores and […]
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 […]
Baidu’s Baidu Create: Artificial Intelligence Developer Conference was held at the National Convention Center in Beijing from July 4-5. During the first day’s event, Baidu made four major announcements. The tech giant said its self-driving minibus will enter mass production phase. New AI chip Kunlun aiming at cloud and edge computing in AI use cases […]
2050 aims to equip young people to take action and to become volunteers. Ahead of the event in May, we are taking a look at some the companies and people who are taking part in the massive unconference. 2050 is a volunteer-only, not-for-profit unconference. TechNode is organizing the Explore Expo, an exhibition area for young tech startups looking […]
The future lies not in cars being equipped with sensors, but instead the roads themselves.
Faraday Future is a powerful tale of ugly corporate wrangling and unbridled ambition gone awry.
A “unicorn” refers to those companies less than 10 years old and valued at $1 billion or more. There were 34 Chinese new unicorn companies in 2017 that match these conditions, according to a new report released by Chinese startup database IT Juzi (IT桔子). In the first half of 2017, rental economy startups gained prominence […]
In a surprise appearance at last week’s Cainiao’s Global Smart Logistics Summit, Chinese tech tycoon Jack Ma announced that Cainiao Network, the logistics affiliate of Alibaba, is going to invest more than RMB 100 billion ($15 billion) to build the technical backbone for a smart logistics network aimed at improving delivery reach and efficiency. (Read […]
China’s ride-hailing industry has been facing turbulent times but it’s not just about overcoming Didi.