From November 17 to 24, EY - an international audit and consulting company became a member of a corporate management tour to China. Participants visited innovative retail industry companies in Beijing and Shanghai: BingoBox, 7 Fresh, JD.com, Alibaba Cloud, Auchan 1 Minute, Carrefour - Le Marche format, HEMA, Winmart Go.
In this article we will tell you about all technological and management innovations, about what trends have appeared in the retail sector and in which direction the largest trading companies in China are developing, because retail trade is changing rapidly. The process of sale and purchase takes on new forms. And it is all due to the introduction of new technologies and solutions.
Our participants visited the following companies: 7 Fresh, BingoBox, JD.com.
#interesting facts about the company 7 Fresh - a high-tech supermarket from JD.com.
# Interesting Facts_ff About JD.com, Jingdong Mall is a Chinese online trading and e-commerce company located in Beijing.
# interesting facts_ff about the BingoBox company.
Participants visited one of the most famous companies in China - Alibaba. The format of this meeting is a presentation on New Retail Solutions.
# interesting facts_off about Alibaba:
All these innovations have been the norm for the visitors of the supermarket self-service Auchan Minute and the Carrefour Le Marché “smart store” for more than a year.
# interesting facts_off about Auchan Minute:
# interesting facts_off about Carrefour Le Marché:
Some years ago the opportunity to pay for the purchase with a bank card seemed to be innovative for China's citizens, but now it seems strange if institutions and shops accept cash only.
The development of the payment industry in China was helped by biometric identification and verification technologies. Now, many users are choosing contactless payment technology from their Touch ID smartphone, which allows you to pay with a fingerprint (you need a smartphone for this). In more innovative scenarios, no devices are required for payment, and the person becomes the payment tool.
On this day, the participants of our tour were able to learn about the biometric technologies used by the unmanned supermarket “Winmart Go!”.
# interesting facts_off about Winmart Go!
HEMA supermarket chain with its logo - a very famous Hippo. Alibaba uses this network as a testing ground for running new technologies. Shopping in Hema can be both in the store itself and at home. In the first case, customers scan product bar codes using smartphones and get all the necessary information. Payment for purchases can also be made directly from the phone through the payment system Alipay. Moreover, in the Hema app, the buyer can indicate in what form he wants to get some products (for example, fresh fish) - in raw, cooked and packaged or on a plate to eat right in the store. And for those who live within a radius of 3 kilometers from Hema stores, the company offers prompt delivery. Placing an order through the application, you can get the products within 30 minutes.
# Interesting_ff about HEMA FRESH:
# interesting facts_off about HEMA HQ
The participants of the management tour have learned the secrets of the largest companies in the world from first hand.
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