WeChat’s micro retailers come under scrutiny in run up to World Consumer Rights Day

WeChat’s micro store business Weishang (微商) is challenging Alibaba’s Taobao for e-commerce domination in China. It seems that the service is going through the very same problems that Taobao has experienced previously. Product quality, marketing spam, and after-sales services are three top concerns for Weishang, a report from the Beijing Customer Association shows. As a … More WeChat’s micro retailers come under scrutiny in run up to World Consumer Rights Day

From moment to momentum: Lagardère Travel Retail’s shift towards a frictionless retail experience

When it comes to customer engagement, developing innovative concepts that cater for the diversity of targets and needs is key. That is why it comes of no surprise that Lagardère Travel Retail, a global leader in content production and distribution, has developed a marketing strategy revolving around innovative and performing retail concepts. “We see omnichannel … More From moment to momentum: Lagardère Travel Retail’s shift towards a frictionless retail experience

Why Chinese Tourism to the United States is Safe from a Trade War

With President’s Trump decision to defy opposition from his own party and proceed with stiff tariffs on imported steel and aluminum in the name of protecting U.S. industry and national security, the question of a trade war is once again relevant. In response to the new tariffs, China announced that it’ll take “effective measures to … More Why Chinese Tourism to the United States is Safe from a Trade War

China Unicom launches eSIM, allowing full use of both phones and wearables

China Unicom announced that it has officially launched the “eSIM One Phone Number Dual Terminal (eSIM一号双终端)” (in Chinese) business in six Chinese cities including Shanghai, Tianjin, Guangzhou, Shenzhen, Zhengzhou and Changsha. “eSIM One Phone Number Multi-Terminal (一号多终端)” means that one phone number can shared with the user’s smartphone and wearable devices, without the need for … More China Unicom launches eSIM, allowing full use of both phones and wearables

Both Chinese Government And Industry Tout Artificial Intelligence At CPPCC Meeting

Chinese Premier Li Keqiang’s took to the stage at the annual gathering of Chinese People’s Political Consultative Conference (CPPCC) members and laid out a vision of the Chinese economy based on artificial intelligence. Corporate China also joint in the AI chorus. Li’s two-hour speech, along with the 2018 government work report presented, called for expanded … More Both Chinese Government And Industry Tout Artificial Intelligence At CPPCC Meeting

Microsoft and Xiaomi to collaborate on AI, cloud computing and hardware

After Microsoft signed a deal to test Windows 10 on Xiaomi devices in 2015 and then Xiaomi bought a trove of patents to help run other Microsoft services on its devices in 2016, today the two companies announced another chapter in its collaboration. Xiaomi and Microsoft have signed a Strategic Framework Memorandum of Understanding (MoU) … More Microsoft and Xiaomi to collaborate on AI, cloud computing and hardware

Nestle, Cainiao Unveils New Inventory Solution Designed For New Retail

Swiss food group Nestle has teamed up with Alibaba’s Cainiao Network to streamline its e-commerce supply chain in China. The two are designing a new all-in-one inventory solution that integrates Nestle’s warehouse stock across Alibaba’s platforms into an analytics-driven, shared inventory. With real-world experiences increasingly linked to the web, forward-thinking companies across the world are … More Nestle, Cainiao Unveils New Inventory Solution Designed For New Retail

China UnionPay rolls out cash incentives on integrated payment app, ramping up battle with Alibaba and Tencent

China UnionPay is ramping up the marketing on its recently released integrated mobile app, in an attempt to make inroads into a sector dominated by third-party payment services backed by Alibaba Group Holding and Tencent Holdings. Under a promotional campaign that winds down on March 2, participants who download and use the QuickPass app to … More China UnionPay rolls out cash incentives on integrated payment app, ramping up battle with Alibaba and Tencent

Softbank-backed Katerra wants to disrupt the construction industry using Silicon Valley’s electronics industry approach

The construction industry is ripe for disruption. The last craft industry, construction has yet to enter the industrial or technology age. People are building homes today essentially the same way they did in the mid-1800s. Economies of scale just don’t exist: most sites/projects are designed, planned, quoted, bought out, and built as one-off projects. Yet … More Softbank-backed Katerra wants to disrupt the construction industry using Silicon Valley’s electronics industry approach

China says “no” to Bitcoin, “yes” to blockchain technology

China is determined to push out Bitcoin, the price of which has drastically halved since it once topped $20,000 a coin, but the country has always been a staunch supporter of blockchain, the underlying technology on which the cryptocurrency kingdom was built. In fact, the nation is taking the lead in blockchain technology development. The … More China says “no” to Bitcoin, “yes” to blockchain technology