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When it comes to buzzwords in the tech industry, "new retail" ranks high on the list. For the past few years, Alibaba has popularized the catchphrase to describe smarter, more high-tech ways of serving customers in brick-and-mortar shops -- by linking online and offline data -- from facial recognition-powered payments to smart mirrors that lets customers "try on" cosmetics before buying them.
But beyond the shiny add-ons that consumers see, the real impact of new retail - especially for physical stores -- is more invisible: the supply chain and inventory.
In this episode, we'll piece apart what new retail actually means for brick-and-mortar shops, why ecommerce platforms are moving offline, and how traditional brands are trying to catch up with JD and Alibaba before they get left behind.
Episode summary:
what is "new retail" and why are ecommerce platforms so gung-ho about it?
case study: how the fashion industry -- where customer demand is volatile and products are always changing -- could really benefit from new retail
why are traditional brands struggling to streamline their physical shops and are Alibaba and JD solution providers or competitors?
Guest: Sicheng Peng, general manager and president of 7thonline APAC,
Hosts: Eva Xiao and Tom Xiong.
Production: Jacob Loven.
Digitally China is a subjective but independent depiction of the tech scene in China. Audio clips used in the podcast have not been distorted nor taken out of context and are included for commentary and educational purposes and thus shall be considered “Fair Use”. Digitally China is powered by RADII (www.radiichina.com), an independent media platform exploring China from all angles.
A "new social" is on the rise led by TikTok. But despite soaring user numbers, will they survive the competition from giants like Facebook and Tencent? In this episode, we look into TikToks journey from startup to half a billion users.
Hosts: Eva Xiao and Tom Xiong.
Production: Jacob Loven.
Digitally China is a subjective but independent depiction of the tech scene in China. Audio clips used in the podcast have not been distorted nor taken out of context and are included for commentary and educational purposes and thus shall be considered “Fair Use”. Digitally China is powered by RADII (www.radiichina.com), an independent media platform exploring China from all angles.
When you think of ecommerce in China, Alibaba is probably the first name that comes to mind. And no wonder - the internet giant has built a multibillion dollar empire off a sophisticated ecommerce, logistics, and payments trifecta.
But WeChat, China's most ubiquitous and popular messaging app, often goes unnoticed. Thanks to built-in payments, the app's social newsfeed, and one-on-one chat, these 'micro' shopkeepers are able to operate lucrative businesses from their phone -- and connect with customers in a more intimate way than Taobao, Alibaba's online bazaar.
Eva and Tom have been looking into the development around "Project Dragonfly". Why has Google's interest in China increased lately and what's their potential on the world's largest Internet market? Will they actually be able to enter China after 8 years of "absence"?
Thoughts on the episode? Do not hesitate to give us your feedback by emailing us at [email protected].
Hosts: Eva Xiao and Tom Xiong.
Production: Jacob Loven.
Digitally China is a subjective but independent depiction of the tech scene in China. Audio clips used in the podcast have not been distorted nor taken out of context and are included for commentary and educational purposes and thus shall be considered “Fair Use”. Digitally China is powered by RADII (www.radiichina.com), an independent media platform exploring China from all angles.
In this pilot episode we are checking out the business model of Luckin Coffee. Is the "digitalisation of coffee" just a hype or actually something that has value? With guest expert Greg Savarese.
Thoughts on the episode? Do not hesitate to give us your feedback [email protected]
Hosts: Eva Xiao and Tom Xiong.
Production: Jacob Loven.
Digitally China is a subjective but independent depiction of the tech scene in China. Audio clips used in the podcast have not been distorted nor taken out of context and are included for commentary and educational purposes and thus shall be considered “Fair Use”. Distributed and powered by Radii, an independent media platform exploring China from all angles. All music licensed.
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