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Alibaba is revamping China’s offline retailing through a bottom-up approach

Alibaba’s expansion to brick-and-mortar stores started two years ago with a series of investments and acquisitions that worth as much as US$8 billion. To strengthen the offline foray, the Chinese e-commerce giant, which earns hefty profit margin because it does not hold inventories, is rewriting its asset-light model by opening Hema Xiansheng brand and Alibaba […]

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5 must-know Chinese computer vision startups

Vision plays a central role in human cognition. While we use eyes to see things and the brain to interpret and coordinate, it is difficult for computers or robots to duplicate the way human perceive and visually sense the world around them. Computer vision is the science that aims to give a similar capability to […]

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10 live-streaming apps luxury brands need to know in 2017

Editor’s note: A version of this post first appeared on Jing Daily, the leading digital publication on luxury consumer trends in China.  From Papi Jiang’s Swiss watch collaboration to Tmall’s virtual U.S. shopping trip, live-streamed luxury brand campaigns are part of a growing trend as China’s live-streaming audience expands. The latest report by Chinese consulting company iiMedia Research estimated that the number […]

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Market Snapshot: China’s Highly Consolidated Online Movie Ticketing Market

The Chinese box office has soared in recent years and the growth is projected to continue. The movie ticket sector is a hot target for tech companies who’ve been sniffing around conventional industries for business opportunities. China’s online movie ticket sales as a percentage of total sales reached 75% in July 2015, according to market research firm Eguan and the […]