Marketing expert Ashley Dudarenok has been chosen by the Holmes Report as one of the top 25 Asia innovators for 2019. “Innovation starts with asking questions.”Read More →
Vision, robotics and language are key areas where China is worldwide leading artificial intelligence, says Rupert Hoogewerf, chairman of the Hurun report on AI. The number of patent applications has been rising sharply over the past five years, he adds in the South China Morning Post. Huawei holds a top position.Read More →
China’s Single’s Day broke several records, but that is deceptive. Consumers waited for bargains and delayed purchases till Single’s Day, says retail analyst Ben Cavender to Reuters. Reuters: “What’s happened is that you’ve had a lot of consumers this year being a little bit more careful about their purchasing becauseRead More →
Alipay and WeChat, China’s largest payment options, opened their services for foreign credit card holders, and it was about time too, says Shanghai-based business analyst Shaun Rein, author of the bestseller The War for China’s Wallet: Profiting from New World Order to the South China Morning Post. The South China MorningRead More →
Marketing expert Ashley Dudarenok is enthusiastic about the announcement of Alipay to open up for tourists visiting China, followed shortly by a similar move by WeChat. On her vlog, she explains how visitors without a Chinese bank account can now use Aliba. Details on WeChat were not yet known atRead More →
From a cash country, where transactions were done by moving plastic bags with money between bank branches, China has turned into a leading force in fintech or financiel technology. Mobile payment are standard. Bitcoins and blockchain technology found in China early adopters. Social media have – more than anywhere in the world – adopted payment systems to facilitate online trade.Read More →
China’s Hurun rich list is signaling yet another economic shift, says Hurun chairman Rupert Hoogewerf at CNN. This time the rich from tech firms are replacing those from manufacturing and real estate, according to the latest annual rich list.Read More →
Marketing expert Ashley Dudarenok dives into the fast-changing landscape of China’s internet, especially Bytedance. The relative newcomer has become an established player next to the old trinity of Baidu, Alibaba, and Tencent (BAT). She looks at some of Bytedance’s major operations: Jinri Toutiao and Douyin, and Bytebance’s international expansion for Asia Times.Read More →
E-commerce in China showed drama this month, as Alibaba purchased NetEase’s Kaola for US$2 billion, says e-commerce expert Ashley Dudarenok at her vlog. The number one and two in cross-border e-commerce did not change hands so easy, and Dudarenok explains why.Read More →
Alibaba will not be the same after its charismatic chairman Jack Ma has left, says business analyst Shaun Rein, according to the China Daily.” “I’m not sure that people want to meet Daniel Zhang in the same way they want to meet Jack Ma.”Read More →
US discount retailer Costco made a blast this week in Shanghai with the opening of their first flagship store. Can it succeed where Carrefour, Amazon, Tesco, and others give in to domestic and online competition, wonders branding expert Ashley Dudarenok.Read More →
New retail is changing the mindset of both the Chinese consumers and the retailers, writes marketing expert Ashley Dudarenok. Some brands are finally getting the idea, but for traditional retailers, there is still a lot of work to be done, she says in the China Economic Review.Read More →