Lenovo is the latest entrant to the cashier-less convenience store frenzy, following Alibaba, JD, and Suning.com.
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Posted inHeavy Hitters
JD’s unmanned store moves into Indonesia in first overseas expansion
Chinese ecommerce giant JD has announced the opening of unmanned store JD.ID X-Mart in Jakarta, Indonesia. The JD.ID X-Mart is said to be the first ever unmanned store in the South East Asian country. This also marks JD’s first attempt to bring its unmanned store technology overseas. The new unmanned store sells everything ranging from fashion and […]
Posted inUp and Comers
Luckin Coffee announces 2 new bids to raise cash
Luckin Coffee is offering a $400 million bond and issuing new shares less than a year after its Nasdaq IPO.
Posted inNews
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 […]
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 inHeavy Hitters
Suning acquires 37 Wanda stores to speed up new retail expansion
Suning.com plans to revamp department store supply chains by tapping the power of big data and AI.
Posted inNews
Chengdu’s first unmanned supermarket closes down after 4 months
Chengdu’s first unmanned supermarket GOGO无人超市 has reportedly shut down after only four months according to local reports (in Chinese). The unmanned shelf project, GOGO小超, run by the same Chengdu-based startup, Xiao Mang Guo Technology Limited, closed down months ago. At least 30 employees have not been paid on time; one former employee told the Chengdu […]
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 […]
