Malong Technologies Selected as a Leading Retailtech Enterprise

KPMG and the CCFA identified high-growth retailtech enterprises that strive to advance digitalization, intelligence, and integration for the retail industry. Malong Technologies, a leading computer vision technology provider, was selected for delivering significant value to retailers by reducing shrinkage (inventory loss) and improving the customer experience at in-store self-service systems. Using the KPMG proprietary Startup Insight Platform (SIP) and a team of experts, 50 leading enterprises specializing in retailtech with major deployments in the Chinese retail market were selected through a quantitative analysis on six different aspects including the team, technology, product, market, business model and funding. The winners were announced at the annual CCFA International Retail Innovation Summit held in Shanghai. As a global leader in AI for product recognition, Malong Technologies has been committed to providing smart retail solutions to retailers worldwide.