China's AI-infused corner store of the future
Why it matters: Alibaba says that over the last year, it has redone about 1 million mom and pop shops like the Huangs' across China. It has done the same with about a hundred superstores. Big and small, these outlets buy all their goods through Alibaba's platform and pay using its affiliate Alipay app. A picture of the future: These stores are examples of an expanding battleground among China's cutthroat tech giants, and petri-dishes of the future of business around the world. Among the central ideas is that in the future, shoppers will not view e-commerce and brick-and-mortar as distinct things, but as a single merged organism -- as simply "commerce."
Jun-18-2018, 03:36:25 GMT
- Industry:
- Information Technology (0.64)
- Retail (0.40)
- Technology:
- Information Technology
- Artificial Intelligence (0.98)
- e-Commerce (0.64)
- Information Technology