China’s autonomous vehicles to reach 1.5 million units by 2025

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China’s autonomous car market is expected to reach 1.5 million units by 2025, growing on a compound annual growth rate of 28.4%.

According to the latest study by ResearchandMarkets.com, the automotive industry is China is likely to shift into a higher intelligence level by 2025. At present, the L1 and L2 autonomous vehicles are available in the market, with total sales of 300,000 units in 2018. In the passenger car segment, 96.5% of autonomous vehicles are L1 and L2 private cars.

However, the study predicts that in the years ahead autonomous vehicle technology will see more adoption in passenger cars business segments such as public taxis and mobility service vehicles. Public taxis and other mobility service vehicles will account for a little more than a quarter or 25.6% of the passenger car market share in 2025.

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Some of the biggest livestreamers in China are not teenagers, but farmers

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When most people think about countryside life, they envision plowing fields, feeding farm animals, and other grueling work. But China is seeing a new type of farm work becoming popular: livestreaming.

Yes, farmers livestreaming their work has become a hit in China – so much so that one of the country’s biggest ecommerce platforms has set up a special program to train them. Alibaba has announced that it’s planning a special poverty alleviation program for Taobao sellers in the countryside, including incubating 1,000 farmer livestreamers.

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Meet China’s growing fleet of automated delivery drones

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Meals being air freighted, plus armies of delivery robots.

As part of its multi billion-dollar plan to build a nationwide network of automated logistics, China’s JD.com is testing its tri-copter drones in testing zone in Shaanxi.

Chinese companies are going all-out on unmanned systems for delivery logistics. A fleet of new autonomous cargo drones, robotic trucks, and fast quadcopters are private-sector developments that are making China a future world leader in robotics.

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Alibaba just had the biggest online shopping day of all time, nearly tripling every company’s 2017 Black Friday and Cyber Monday sales combined

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Alibaba founder Jack Ma. Marcos Brindicci/Reuters

  • Alibaba made e-commerce history on Sunday, with $30.8 billion in sales over the last 24 hours as part of the company’s massive Singles Day celebration.
  • The $30.8 billion in generated sales is a significant increase from 2017, when customers spent $25.3 billion.
  • For comparison, total online sales on Black Friday reached $5 billion in 2017, according to Adobe Analytics data. Cyber Monday sales last year reached about $6.6 billion.

SHANGHAI, China — Alibaba just made e-commerce history.

With the company’s massive Singles Day celebration on 11/11 — November 11 — coming to a close, Alibaba reports that customers spent $30.8 billion online over the last 24 hours. That is a significant increase from the $25.3 billion in gross merchandise volume (GMV) Alibaba shoppers spent in 2017.

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Baidu, Alibaba and Tencent (BAT) are now valued at a combined $1 trillion USD.

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Alibaba and Tencent alone now account for almost one-third of the MSCI China Index, fueling its 47 percent gain in 2017.

As of this past March, China had skyrocketed to 164 unicorns, worth a combined $628.4 billion USD. Roughly 50 percent are controlled or backed by BAT.

But BAT isn’t keeping ambitions local. Worldwide, BAT invests in over 150 companies, spanning the gamut from AI to biotech.

And with access to more internet users than the U.S. and all of Europe combined, BAT is fueled by the greatest treasure trove of data on the planet.

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Amazon, Alibaba and Nike all point to the next innovation in retail: Personalized physical spaces

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Last week I wrote a piece entitled, “Amazon Go Means Goodbye Status Quo.” The piece not only heaped praise on Amazon but also highlighted how Amazon Go, over the long-run, is about far more than the mere buzzwords of “checkout-free shopping.” The thesis is that if one studies Amazon Go closely, he or she will see that it already hints at the next great innovation in retail history: the personalized physical store.

While I expected and even predicted the news back in February that Amazon would roll out more stores this year, I did not expect, in less than one week from publishing this most recent Go piece, that new activities would emerge that would validate this thesis even further.

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Robotic waitresses: Alibaba launches automated restaurant in Shanghai

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Serving food at Hema. GIF via Alibaba video

Select some live seafood in one of Alibaba’s Hema grocery stores in Shanghai, get it rung up and bagged, and a robotic arm will whisk it away to a kitchen. Minutes later, a pod will wheel out of the kitchen, pulling up to your table with your meal under a transparent dome.

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Alibaba’s futuristic supermarket in China is way ahead of the US, with 30-minute deliveries and facial-recognition payment — and it shows where Amazon is likely to take Whole Foods

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The Chinese tech giant Alibaba is expanding aggressively into physical retail through investments in a variety of product categories to push its “New Retail” strategy of combining online and offline shopping.

Its most critical New Retail venture has been Hema Xiansheng, a futuristic supermarket launched in 2015 that offers free 30-minute delivery and payment using facial-recognition technology.

Deeply integrated with Alibaba’s technology and services, Hema provides a window into where Amazon may try to take Whole Foods in the future.

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Tech giants like Google and Alibaba are working to save endangered species

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Black markets have been using popular social apps and platforms to ply their illicit trade.

Google, eBay and other technology leaders are aiming to protect the world’s animals. Why? In a widely unregulated social-media world, many tech platforms have become a haven for the wildlife black market, a $20 billion industry.

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One of China’s biggest online retailers plans to build nearly 200 drone airports to bring e-commerce to rural China

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JD.com is planning to build 185 drone airports in Southwest China.

The airports will help products reach villagers, while also delivering rural products across China.

This is the latest move by tech companies, including Alibaba, to capitalize on the growing rural market.

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Chinese Singles’ Day spending blows Black Friday and Cyber Monday out of the water

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Americans see Black Friday and Cyber Monday as the ultimate consumer spending extravaganzas, but the annual “record breaking ” sales days have nothing on China’s so-called Singles’ Day. As we can see in this chart from Statista, Singles’ Day sales make the US Thanksgiving weekend spending look like chump change.

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