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 […]
Luckin looks to fund its aggressive growth tactics including a vending machine initiative, and expansion into other consumables and overseas markets.
Automated deliveries are part of a wider effort to increase efficiency and accuracy in the logistics industry.
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. […]