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. […]
Search results
Posted inNews
4 take aways from 34 new Chinese unicorns in 2017: IT Juzi report
A “unicorn” refers to those companies less than 10 years old and valued at $1 billion or more. There were 34 Chinese new unicorn companies in 2017 that match these conditions, according to a new report released by Chinese startup database IT Juzi (IT桔子). In the first half of 2017, rental economy startups gained prominence […]
Posted inNews
What does Alibaba’s takeover of Ele.me mean? This is what China is saying
This week has been brimming with rumors on Alibaba’s takeover of food delivery platform Ele.me. Media reports stated that Alibaba plans to purchase food delivery platform Ele.me for US$9.5 billion. Both Alibaba and Ele.me have declined to comment on the rumors but we know one thing: something is definitely cooking between the pair. Beijing Hualian […]
Posted inNews
We tried Starbucks Roastery’s AR game, and this is what we think
The practice of drinking tea has a long history in China, having originated there during the Tang Dynasty. But in 2017, the practice of drinking coffee could be adding a new chapter to its history in China. For those living in Shanghai, last week’s WeChat Moments were filled with Shanghai locals posting pictures and selfies […]
Posted inNews
Alibaba vs JD: Getting Singles Day packages to your door
For the past few weeks, Chinese e-commerce titans have been racking their brains as the year’s largest shopping spree, Singles’ Day is fast approaching on November 11. This isn’t just a competition of who has the best marketing stunts or the biggest subsidies for vendors; the life and death of the online retailers also depend on those who deliver […]
Posted inNews
China vs US: Who is winning the big AI battle?
China and the US are becoming the world’s biggest rivals in artificial intelligence: it’s Luke vs Darth Vader, Alien vs Predator, Rocky vs Ivan Drago. The Chinese government’s pivot to become the leader in this technology has created plenty of hype, but how are China’s ambitious AI aspirations playing out on the ground? Research by […]
Posted inNews
We went to Alibaba’s Computing Conference to check out the future of the Ali ecosystem
China’s e-commerce giant Alibaba not only wants to be the best e-commerce player in the market, but also wants to deepen its technological prowess. At Alibaba’s annual Computing Conference 2017 held in Hangzhou on October 11th, not only did the company unveil its plans to invest $15 billion over the next 3 years in its R&D, […]
Posted inEvents, News
TechCrunch Shanghai 2017 | The Cheat Sheet (and some free tickets)
This year, TechCrunch Shanghai will be held from the 25th -28th November 2017, at Mixc Shanghai. Registration is by the office building on 1799 Wuzhong Road, near Zhitung Road Station, 3rd exit. To date, the TechCrunch summit has been held in China 7 times. Between 2013 and the first half of 2017, more than 50,000 […]
