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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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What you missed at TechCrunch Shanghai 2017
This week saw TechCrunch land in Shanghai for yet another great event. While Shenzhen might be the hardware capital, Shanghai has a potent mix of hungry entrepreneurs from all over the world. We were delighted to welcome back for the 7th time more than 8000 people including 600 for the hackathons, 300 investors, 200 startups […]
