WeChat launches first pop-up store in Shanghai

WeChat, China’s leading messaging app, has launched its first cashier-less pop-up store in Shanghai, Yicai.com reported. The company, developed by Tencent, has teamed up with more than 300 merchants, including EasyGo and EllE, as well as shopping mall The Mixc to build up its first pop-up store, also known as flash retailing. The latter is … More WeChat launches first pop-up store in Shanghai

Welcome to Hell – it’s the time for Slush!

NOBODY IN THEIR RIGHT MIND WOULD COME TO HELSINKI IN NOVEMBER That’s where it all started. Slush grew from the idea of cultural change: creating a grassroots movement to serve the next generation of founders and an environment that strongly supports entrepreneurship. We wanted to create something authentic and frantic. So Slush was born, amidst … More Welcome to Hell – it’s the time for Slush!

US Air Force goes Top Gun for IoT-based predictive maintenance

The US Department of Defense (DoD) is arming itself with new AI and IoT technologies to power predictive maintenance of aircraft and boost mission effectiveness. Top Gun just got real. The US Air Force’s Defense Innovation Unit Experimental division – also known as DIUx – has selected C3 IoT, a Redwood City, California-based specialist in … More US Air Force goes Top Gun for IoT-based predictive maintenance

Paris Tear Gas Attack on Chinese Travelers Reinforces Safety Concerns

A Chinese tour group was attacked by robbers in a Paris hotel parking lot on Thursday last week. Four assailants sprayed tour group members with tear gas and stole nine shopping bags before fleeing from the scene. The perpetrators are still at large, and all 40 Chinese tour group members have made it back to … More Paris Tear Gas Attack on Chinese Travelers Reinforces Safety Concerns

Jack Ma says no Ant Financial IPO anytime soon

Jack Ma has put a halt to years of rumors about an imminent IPO for Alibaba’s payments arm, Ant Financial. Speaking in front of media on Saturday, the billionaire Alibaba founder said that there’s no timeline for when Ant Financial will list, and they will only consider the IPO route – ie: the possibility of … More Jack Ma says no Ant Financial IPO anytime soon

What Does the Surge of Chinese Billionaires Mean for Luxury

The purchasing power of China’s top-tier ultra-rich consumers has continued to soar in 2016. According to a joint report released by Swiss investment bank UBS and auditing firm PricewaterhouseCoopers on October 26, the number of Chinese billionaires has increased 25 percent to 637. By comparison, there are 537 and 342 billionaires in the United States … More What Does the Surge of Chinese Billionaires Mean for Luxury