Metaverse is a buzzword in the internet world that has been labeled as the next generation of the internet. Facebook has recently announced they will change their name to Meta Platforms Inc. to incorporate all elements of a real metaverse – an online virtual world of high technological means of communication. Metaverse has become aContinue reading “Metaverse has Begun to Surge”
Tag Archives: china
The Rise of Fast Fashion Retailer Shein
Shein, a rising Chinese fast-fashion Decacorn (a company valued at over $10 billion), offers discounted woman’s clothing online, targeting the Generation Z. Shein is a privately owned company founded in 2008, by Chris Xu, an American-born Chinese. Shein’s business model is reflecting the ever-changing clothing styles of the generation Z. New trends are emerging fasterContinue reading “The Rise of Fast Fashion Retailer Shein”
The Power of Marketplaces in China
An online marketplace is a digital “shopping mall”, where you can access many product categories through one platform. The marketplace model dominates the e-commerce landscape in China and some well-known marketplaces in China are coming from the two tech-giants Alibaba and JD.com: Alibaba (Largest e-commerce company in China): acts as a middleman, connecting buyers andContinue reading “The Power of Marketplaces in China”
JD.com Continues to Invest in Blockchain to Transform Global Commerce
JD.com is one of the big e-commerce giants in China and is competing with Alibaba in both the online and offline retail space. JD.com has built their own cloud based blockchain-as-a-service (BaaS) platform. They started their own blockchain research lab a few years ago and collaborates with leading universities in the US and China. JD.comContinue reading “JD.com Continues to Invest in Blockchain to Transform Global Commerce”
Emerging Trends in China During the Corona Pandemic
I am fascinated by the technological advancements in China and the innovation occurring within e-commerce and retail. Here are some trends that have accelerated and emerged during the corona pandemic: Revengebuying – Shoppers in China are slowly returning to malls and boutiques. After weeks of isolation, luxury shoppers are now seeking to spend money. WhenContinue reading “Emerging Trends in China During the Corona Pandemic”
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