Single’s Day (11/11) used to be the heyday for China’s consumerism, but this year the consumers went for the cheap stuff, says business analyst Shaun Rein at CNBC. Low consumer confidence forced the e-commerce platforms for the whole year to discount products, but Single’s Day was the cheapest event ever for consumers. Alibaba is losing its shine to newer platforms, he adds.Read More →
Metaverse expert Alvin Wang Graylin of HTC explains to marketing guru Ashley Dudarenok how the 3D metaverse will change the internet, with China in a leading role, at Ashley’s weblog. Expect major unsettling developments in the upcoming 5-10 years.Read More →
The 2023 Hurun China rich list sees changes, and Rupert Hoogewerf, the Hurun Report chairman and chief researcher, sees efforts to go global as a key factor for growing riches, he tells Reuters. PDD’s Temu, ByteDance’s short-video platform TikTok, and ultra-fast fashion brand Shein he sees as examples.Read More →
Technological change severely disrupts our lives in the next 5 to ten years, innovation expert Alvin Wang Graylin explained at the Edge Asia-World Expo in Hong Kong. AI and XR come to the rescue, he says. And what does it mean for our jobs?Read More →
Social commerce is expected to grow exponentially until 2023 in North America, Europe, and Latin America, following the trends of market leader China, writes marketing expert Ashley Dudarenok. In Techn0de she describes three trends in social commerce brands have to know.Read More →
The next ten, twenty are going to be the most interesting, argued Alvin Wang Graylin, China President, HTC, at the Singapore conference AWE Asia this week, as technologies to virtualize almost all in our lives become mature. “And our generation is the first to see that happen,” he says.Read More →
China, and especially its youngsters, are paving the way into the metaverse, says innovation expert Arnold Ma, founder of Qumin, in Techround. For example, when it comes to funding of charities, he adds. “China’s younger generations are highly receptive to emerging technologies, so a metaverse version of an initiative like 99 Giving Day, powered by WeChat or a future platform, would be a powerful way to attract more funding.”Read More →
The number of screens you look at haven increased over the years, but that number is at a tipping point as AR takes over, said Alvin Wang Graylin, China president of smartphone maker HTC, earlier this week at the Augmented World Expo (AWE) Asia 2023 event in Singapore, according to the Register.Read More →
“When the Chinese get good at something, all of the sudden, the United States says, ‘This is a national security risk’”, says Shanghai-based business analyst Shaun Rein on the tech arms race between China and the US, where Huawei, TikTok, and others got into trouble in the US, in his interview with Ian Bremmer.Read More →
While most of the world is still investigating and trying ways to use a digital currency for their countries, this is more than obvious for China, says fintech expert Sara Hsu in the Raconteur. China is already close to being cashless and many places no longer accept notes and coins. Read More →
Live streaming is a solid marketing tool in China, but some of the live streamers focus now on TikTok for Europe and the US. Business analyst Shaun Rein explains to AP why that shift is happening.Read More →
Chinese companies and emerging government regulations have marked the rise of AI tools in China. Marketing expert Ashley Dudarenok most certainly keeps an open mind to using those tools when they become available, she tells at Campaign Asia. “Their availability could offer us access to innovative solutions and capabilities to enhance our operations and drive further efficiency.”Read More →