Updated: Unmanned stores could see first big failure as Bianlifeng rumored to be pulling smart shelves from 38 Chinese cities
Bianlifeng (便利蜂), the operator of Chinese staff-less stores and smart vending machines, released a notice to its employees yesterday announcing that they will start pulling out vending machines from 38 cities in China an unnamed employee told Pingtu360. Except for the eight selected cities that they are currently testing the unmanned shelves in and the three other cities they plan to expand into,…
14: Policies that most impacted Chinese internet and the rise of unmanned stores
This week we talk about most impactful internet policies of 2017 and the growing unmanned vertical
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Rita Liao: The 4 policies that most affected China's internet in 2017
Emma Lee: Top 10 Chinese unmanned stores in 2017
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Music: "Taking the Day Off" by Lee Rosevere, Hold Music
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Top 10 Chinese unmanned stores in 2017
The announcement of Amazon Go, the cashierless store concept, in late 2016, coincided with a flurry of Chinese tech companies creating their own versions of unmanned stores. For them, 2017 was a fruitful year for developing their solutions tailored to Chinese consumers, as well as in educating the market.
What’s more important behind the quick rise is that the market is ready. High smartphone…
Shoplifting isn’t a problem for unmanned stores
Since Amazon envisioned its staff-less store concept last year, shoplifting has been one of the major concerns that people have raised to question the sustainability of this new shopping model. It's natural to speculate that unmanned stores will face more shoplifters due to the absence of shopkeepers, guards, cashiers, or whomever onsite to keep an eye on the behavior of shoppers. But those who…
BingoBox unveils new AI tech for its unmanned stores
BingoBox, China’s unmanned store startup, unveiled today its new AI solution called “Fan AI", a smart goods shelving and new check-out payment method powered by image recognition, facial recognition, and machine learning.
BingoBox is a 24-hour self-service convenience store. With a simple smartphone scan, customers are able to enter the store, pick the goods, and pass through check-out with…
Video: We tested one of China’s unmanned stores and this is what we found
BingoBox is becoming one of the more vivid examples of how fast innovation is moving in China's retail industry along with Alibaba's initiative in unmanned stores powered by their face recognition technology. However, the concept isn't without its own teething problems. A BingoBox in Shanghai was closed for being too hot and when we tried one ourselves, we found the service had some flaws, such…
China’s unmanned store BingoBox seeks legal identity to open stores
China’s retail industry has seen some innovation this year as BingoBox deploys its unmanned convenience stores in major cities in China. However, two of its stores which were opened in partnership with Auchan and RT-Mart in Shanghai were closed down last month as the cooperation deals ended, local media is reporting.
National Business Daily revealed that one of the closed stores was earlier…
JD renews offline effort with new unmanned convenience stores
Unmanned convenience store is one of the hottest buzzwords in China’s tech world since this summer. As a major force in China’s online retailing market, JD is sure not to be left out. Ahead of this year’s Single’s Day, the e-commerce giant has revealed that it is already testing two unmanned smart store models at its Beijing headquarter.
One model, JD’s Unmanned Convenience Store, offers a…
Suning acquires 37 Wanda stores to speed up new retail expansion
Image credit: Suning.com
Chinese online retailer Suning.com has acquired 37 outlets of Wanda Department Store, the department store unit of Chinese conglomerate Wanda Group, chairman Zhang Jindong announced at the company’s Lunar New Year meeting held Tuesday. The company didn't reveal the value of the deal.
The 37 stores are mainly located in central business districts or central areas of…
JD Daojia downsizes unmanned shelf project
(Image credit: JD Daojia)
JD.com's online-to-offline (O2O) grocery platform JD Daojia has downsized its unmanned shelf project “Go” to focus on the company's online grocery and delivery businesses amid slowing growth in the industry.
Daojia's "smart vending machines" were previously installed in office buildings in 10 cities across China, including Beijing, Shanghai, and Chengdu.
It's been a…