Tag Archives: new retail

China coffee market: the quest for novel experiential offerings

Alibaba have published an interesting overview of the Chinese coffee market on their Alizila website, even if it somehow neglects to mention the potential impact of emerging local players such as Luckin.

The key takeaway for me wasn’t so much the big numbers that the report throws around, but the two key consumption trends that it identifies: namely, the move to “premium artisan products” and the quest for “novel experiences.”

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China retail: a crucible of competitive innovation

China Retail App

Earlier this week it was announced that China now has over 800 million Internet users – more than the population of every other county on the planet except for India. That represents a penetration rate of 57.7% according to the China Internet Network Information Center. Over 98% of the users go online with a smart phone; 566 million use mobile payments.

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