When it comes to social commerce, not only Alibaba but also many other e-commerce giants like JD have integrated social media features such as content community and video streaming into the sales process. Over the years, the Chinese e-commerce market has changed a lot, revolutionizing the traditional system for both consumers and sellers. Embedding social media within e-commerce is powerful that it allows customers to know more about brands through community content like product reviews before buying, and to make a purchase within their social media experience.
Read MoreFor Asian tech companies, the battleground of them has expanded into the lifestyle sector. They are scrambling to capture grocery shoppers of all ages. It is noticeable that a new business model that’s getting a lot of funding is that of Nice Tuan, the so-called community group buying. Thus, tech companies are clearly aggressive about online grocery and are diversifying their portfolios to secure market shares.
Read MoreFor Asian tech companies, the battleground of them has expanded into the lifestyle sector. They are scrambling to capture grocery shoppers of all ages. It is noticeable that a new business model that’s getting a lot of funding is that of Nice Tuan, the so-called community group buying. Thus, tech companies are clearly aggressive about online grocery and are diversifying their portfolios to secure market shares.
Read MoreWith a growing number of automakers determined to reduce waste in the EV battery market, some tech companies have big plans to recycle batteries. Thus, many believe that these companies have a large potential to expand their business and supply battery materials sustainably by partnering with EV players.
Read MoreAsia is looking into inexhaustible and repeatable alternative energy sources such as solar, wind, and hydro. Renewable power technologies offer substantial opportunities for future cost reductions as the market matures. Factors such as increasing power demand and investment in renewable energy in countries of the region are expected to drive the market.
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