As “new retail” changes from jargon to oft-used phrase, Tencent has thrown their hat into the ring. However, they don’t plan on opening their own stores (the WeChat pop-up seems to have been exactly that). Rather they want to be the foundation to help the retail industry achieve two goals: the digital upgrade of stores and […]
Distractions and a bad bet against omnichannel supermarkets hamstrung the retail giant as Ali wins with Hema.
A year after getting kicked off Nasdaq, former unicorn Luckin Coffee is still delivering cheap coffee in China.
JD Logistics is a loss-making company that offers great service at lower profit margins. Can it fend for itself once it goes public?
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 […]
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 […]
2050 aims to equip young people to take action and to become volunteers. Ahead of the event in May, we are taking a look at some the companies and people who are taking part in the massive unconference. 2050 is a volunteer-only, not-for-profit unconference. TechNode is organizing the Explore Expo, an exhibition area for young tech startups looking […]
Hangzhou-based Antworks wants to build low-altitude airspace logistics networks in urban areas that can replace human labor in China’s multi-billion food delivery and courier markets.
Alibaba is gamifying social values with virtual pets and charity donations.
In our translation column, we look at predictions of the sectors worst-hit by the virus. Watch out for trouble with smartphones.