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Retail-as-a-service companies go digital to stay afloat
As it turns out, stores are still incredibly valuable, and brick and mortar retail is far from dead—traditional retail just needs to flip the script.
Tien Tzuo • Subscribed: Why the Subscription Model Will Be Your Company's Future - and What to Do About It
As offline modes of operations became disrupted by the Covid-19 disease, Taobao Live offered businesses a lifeline to reach vast audiences, including the more than 800 million monthly active users that visit Alibaba’s e-commerce sites. In February, Taobao Live removed barriers and waived service fees for brick-and-mortar merchants to join its platf... See more
Christine Chou • Taobao Live Rethinks the Future of Stores
We are entering a new evolutionary stage of retail, in which big companies will get bigger, many mom-and-pop dreams will burst, chains will proliferate and flatten the idiosyncrasies of many neighborhoods, more economic activity will flow into e-commerce, and restaurants will undergo a transformation unlike anything the industry has experienced sin... See more