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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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 […]
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Ant Financial is opening its unstaffed solution to merchants
Alibaba’s financial affiliate Ant Financial is adding new fuel to the quick rise of automated stores in China this Tuesday by opening its unmanned technologies to merchants. The Alipay solutions will enable automated customer ID authentication, risk control, payment, and clearance, allowing customers to enjoy service provided by merchants without the help of their staff. […]
