Jenny Chan 陳詠欣
Nov 14, 2016

Chinese consumers power an innovation engine

CHINA INNOVATION 2016: China’s innovations in business models translate to imaginative marketing, enabled by novelty-craving consumers who are keen to experiment.

The most fascinating part of marketing in China has always been the rise and evolution of fresh business models to solve consumer problems. 

From direct online purchases of overseas goods known as haitao, to peer-to-peer mobile payments via digital hongbao to online-to-offline commerce, or O2O an acronym deemed peculiar when initially coined, to the hectic rise of live-streaming and virtual gifting on zhibo sites brands have hopped on for the ride....

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