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Posted inNews

China’s answer to Amazon Go aims to conquer the unmanned frontier with facial recognition

Long-waited Amazon Go opened its door to the public in Seattle last week and there has been overall positive feedback. However, unmanned stores are definitely not a new concept for China’s tech-savvy consumers. Since May 2017, when Alibaba launched its first unmanned store with the focus word “new retail”, a flurry of Chinese tech companies has […]

Posted inNews

Taipei-based citiesocial is addressing new trends in Asian e-commerce, backed by Alibaba

Shopping is one of the most popular online activities worldwide. This is even truer in Asia—a region where digital development is taking off in developing e-commerce markets such as Thailand and India, and online retail continues growing strongly in mature markets like Japan, Hong Kong, and China. Asia’s e-commerce industry is thriving and the outlook seems […]

Posted inNews

Behind the scenes of Tmall’s brand flagship stores and the Taobao Partner program

With surging demand for foreign products from Chinese consumers, China is projected to become the world’s largest cross-border e-commerce market by 2020, according to China Internet Watch. Over the last decade, Alibaba created not only an e-commerce ecosystem on their own but also an ecosystem of business solution providers for foreign brands that want to tap into […]

Posted inNews

Chinese Products Will Continue To Target Value-Conscious Consumers Globally 

“Targeting value-conscious consumers in emerging markets worldwide from China will be a successful in cross-border e-commerce model,”Hans Tung, Managing Partner of GGV noted in TechCrunch Shanghai 2015. Given that high-end products like iPhone proved a great success in China, his statement could sound rather unexpected. He continues, “Chinese or China-influenced outbound e-commerce players, like Xiaomi and Wish, are targeting ‘mass […]

Posted inNews

Rural China: The Next Battlefield for Domestic E-commerce

China’s urban e-commerce market is nearing saturation after years of explosive growth, a trend leading China’s online retailers to address the untapped markets in rural areas. Nearly 50% of the country’s 1.36 billion population lives in rural areas; however, less than 30% of rural residents are online and only 10% have bought things online, according to […]

Posted inNews

Secoo, Does Luxury E-commerce in a Different Way

Secoo is an e-commerce site for luxury products. Unlike traditional Luxury B2C websites, Secoo selected second-hand luxury as main product. Also, Secoo plays not the role of wholesaler, but intermediary, mainly profiting from the consignment fee. Mr. Lee, Secoo’s founder and CEO, defines Secoo as: Personal Consumption Finance.

Posted inNews

360Buy to Establish A Financial Company in 2014

360Buy CEO, Liu Qiangdong, revealed at the company’s annual event that a financial company would be established in 2014. Liu refers to it as a “technology-driven data financial service”. The company launched a  financial service to fund suppliers at the end of 2012, but the long-awaited self-developed payment system hasn’t released yet. The company stopped using Alipay […]

Posted inNews

Suning Shopping RedBaby and Masa Maso for Expansion?

We just heard spreading rumors claiming that Suning is looking to acquire RedBaby and Masa Maso, two vertical B2C services with focus on maternity-children items and men’s apparel respectively. Chinese B2C service Suning ranked No.3 among its peers by market share, according to a latest report, though its share of 2.35% trailing behind Tmall’s 37.38% […]

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