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 […]
Search results
Posted inNews
Suning’s big data-driven unmanned store opens in Shanghai
Chinese electronics retailer Suning opened its second unmanned store equipping full face recognition payment system in Shanghai on November 6th, Chinese media The Paper is reporting. Unmanned stores are spreading all over China, and Shanghai is becoming an important base to test the market with Shanghai’s affluent and trendy consumers. In Shanghai, unmanned convenience store BingoBox […]
Posted inNews
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 […]
Posted inNews
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 […]
Posted inNews
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 […]
Posted inNews
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 […]
Posted inNews
Here are 4 new retail spots you can visit in Shanghai
New Retail is the trend in China right now. Before November 11st Singles’ day, a day when Chinese spends the most in a year, Chinese e-commerce titan Alibaba flexed its muscles on both online and offline channels. We will tell you four destinations in Shanghai that you can visit to get a glimpse of China’s […]
Posted inNews
Node Worthy 03: Food delivery and biometric payments
This week we talk about the food delivery industry and how its another proxy battle between Alibaba and Tencent as well as paying with your face. Download this episode Links Timmy Shen: The strategies, tactics, and challenges for China’s food delivery industry BingoBox unveils new AI tech for its unmanned stores Masha Borak: Forget QR […]
Posted inNews
Alibaba spends $2.88bln to partner with Auchan in new retail collaboration
After breaking another record with RMB 168.2 billion (more than $25.3 billion) in GMV achieved in 24 hours on Singles’ day, Alibaba is touting its foray into its new retail strategy as it announced today a strategic alliance with Auchan Retail S.A. and Ruentex Group that brings together their online and offline expertise to explore […]
Posted inNews
China’s going to take a bigger chunk of world’s $110b app economy in 2018: report
In the past decade, the whole world has witnessed how mobile phones and smart devices have revolutionized the way people live and think. As the iPhone, the forerunner of this evolution turned 10 in 2017, Apple’s App Store and competing platform Android Market are celebrating their tenth anniversaries in 2018. The decade-long development has brought […]
