Ruonan Zheng
Aug 5, 2019

3 unique features of China’s new retail

Much has been written about how shopping in China is more technologically advanced than it is in the West, but at what point did China’s tech surpass the West’s, and what was the country’s formula for producing this unique consumer ecosystem?

(Shutterstock)

Coined in 2017 by the founder of China’s e-commerce giant Alibaba, Jack Ma, the concept of new retail’ has proven to be revolutionary. Put simply, it’s about how the consumer’s shopping journey is no longer defined as either online or offline but is now simultaneously both.

Much has been written about how shopping in China is more technologically advanced than it is in the West, but at what point did China’s tech surpass the...

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