China has always been regarded as a copycat of Western innovation. But given the successes of WeChat, Tmall, Ant Financial, and the like, its companies are starting to be recognized as true innovators. In fact, China has developed so fast that Southeast Asia easily lags behind by roughly three to five years. But the region … More Opinion: Southeast Asia should not be afraid to copy China
Everyone remembers the old vending machines in restaurants, gas stations and public venues. Now you can find them also in retail, sometimes even in unmanned retail. However, it’s not anything new. I remember visited Rivender‘s unmanned store even in Forssa, Finland (Read my tweet here) a while ago. In South Korea they are part of … More “Unattended Retail” – lost gem or the future?
Chinese electronics retailer Suning opened its second unmanned store equipping full face recognition payment system in Shanghai on November 6th, Chinese media The Paper is reporting. Read More
Internet of Things systems often don’t have screens and other traditional outlets for the user experience. This makes development and design more complicated. Read More
The next generation of wireless technology is fast-approaching as multiple countries around the world are racing for its development and subsequent wide-scale application. The quicker nation states and their companies are able to successfully establish the prospective technological infrastructure, the quicker they will be able to reap the massive economic assets and advantages. And as … More Could America Lose The 5G Race To China?
“I’ve been working on IoT projects since before the “internet of things” became a catchphrase. From the beginning, as we were connecting equipment and processes for the first time, we knew we were onto something big.” And big it is. Billions of devices are already connected to networks, and every day millions more are added. … More Why We’re Still Just Getting Started On The IoT Journey
An upsurge in business-to-business (B2B) startups and the emergence of deep tech were among the highlights from Indian software industry body Nasscom’s annual report on the startup scene, released today. Read More
Mobile wallets have made life more comfortable. But what could make them better would be the ability to transfer money from one mobile wallet to another (i.e. interoperability). Mobile wallets are just one of the several prepaid payment instruments (PPIs) available in India. PPIs enable the purchase of products, facilities, financial services, payment facilities, Read … More Cash is back in India with the interoperability of mobile wallets
The tastes of Chinese luxury shoppers are changing rapidly as the country itself is undergoing a dramatic economic and political transformation. In 2018, luxury brands face the question of how Chinese consumers’ mentalities and behaviors will evolve. The trends having unique implications to the luxury industry can be found here Rest of the trends identified … More Consumer Trends Affecting Luxury Brands in China in 2018
Ride-hailing firm Grab officially launched its in-store cashless payments solution today, marking its biggest move yet outside of the transportation segment. Grab said it’s aiming to make its GrabPay cashless payments platform available to 20,000 cash-based merchants operating in Singapore. Read More