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Looking Back On Yesterday’s Tech Advancements
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E-wallets, unmanned stores and more: How retailers are innovating in Asia
Retail has been falling in the U.S. But across the Pacific Ocean, there are many retail innovations in Asia ranging from product display to payments to logistics. Here’s how the store of the future is being rethought in China, South Korea, Japan and India.
CHINA
Unmanned stores: Staffless stores like EasyGo and BingoBox are an emerging phenomenon in China.
Super-fast food delivery services: Platforms like Meituan and Baidu Waimai can usually deliver food to consumers in around 10 minutes, and allow them to track their delivery on mobile. Seamless and Grubhub would be considered “too slow” by Chinese standards.
Mobile bike-sharing: Two startups, Mobike and Ofo, offer station-free bike sharing services in cities like Beijing and Shanghai.
Facial recognition payment: Alibaba-owned fintech company Ant Financial tested a facial recognition payment service called “smile to pay” with KFC in China this September.
SOUTH KOREA
3D shopping assistants: Physical stores like iClothing use three-dimensional scanners to scan shoppers’ bodies and create a 3D avatar of them. Then, visitors can go to the physical store and virtually try on clothes with the avatar, skipping the fitting room.
JAPAN
Smart vending machines: These machines take a picture of shoppers and recommend drink choices to them based on their gender and age. Then, customers make their choice using a digital screen.
INDIA
E-wallets: India has more diverse mobile payments than China, where Alipay and WeChat Pay dominate. Paytm, Oxigen, MobiKwik and PayUMoney are among the major mobile payment services in India.
The post E-wallets, unmanned stores and more: How retailers are innovating in Asia appeared first on Digiday.
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ABC Explains Why It Still Hasn’t Settled on a Name For Its Grey’s Anatomy Spinoff
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Oprah Winfrey Ruled Facebook and Twitter During the 75th Annual Golden Globe Awards
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WPP’s GroupM Shifts U.K. CEO to New Position as Global Chief Investment Officer
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Celebs From Aubrey Plaza to Mark Duplass Talk Money in New Wealthsimple Ads by Errol Morris
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Jimmy Kimmel Says ‘Literally Everyone’ at ABC ‘Should Be Fired’ if There’s Another Oscars Snafu
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For Ad-Hungry Companies, Was 2017 A Growth Experience Or The New Normal?
AdExchanger |
Dan Salmon will speak at AdExchanger’s upcoming Industry Preview conference on Jan. 17-18, 2018, at the Grand Hyatt New York. As 2018 kicks off, markets are wary of ad-driven stocks – unless your name is Alphabet, Facebook or Amazon. But there remains immense value in companies enabling addressable audiences, according to Dan Salmon, equity research analyst for… Continue reading »
The post For Ad-Hungry Companies, Was 2017 A Growth Experience Or The New Normal? appeared first on AdExchanger.
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Sales Outlook At CES: 44 Million Smart Speakers To Sell In U.S. This Year
the opening of every annual CES mega-event in Las Vegas, the Consumer Technology Association (CTA) lays out its semi-annual research showing what the market looks like for the next year, and this year
appears to be a blockbuster in the making. One of the hot growth areas is smart speakers.
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