Disruptive business model not necessarily sustainable
Unmanned stores are closing in China
Unmanned Convenient Stores are Closing in China
The cost it saved from being “unmanned” simply could not cover cost of its high-tech systems. The “AI” benefit is just a laugh when you could not even get enough data for machine learning, let alone its dream of being disruptive in changing consumer behaviors.
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This report will unveil the factors underpinning the unstoppable trend of consumer upgrading in China and will also showcase of the TOP 100 new consumer brands list, with a special look at trailblazing cases in the China’s diverse fast-growing market.