Facial recognition has long been the stuff of science fiction, with books and movies including scenes of facial or retinal scans being used to identify entrants to sensitive military complexes. The technology has also been used for certain niche purposes… Continue Reading
The past week brought news that Walmart and JD.com, China’s largest e-commerce company by revenue, are expanding the strategic partnership they formed last year. One element of this is the launch of a new shopping event—the JD-Walmart 8/8 omnichannel shopping… Continue Reading
We recently attended the Rise 2017 Conference in Hong Kong, which is one of the largest technology conferences in Asia. The event featured a talk by Stephen Wang from Tencent, which owns the WeChat mobile app. Wang gave an overview… Continue Reading
Retail loyalty programs have a long history in the US. According to rewards program solutions company Smile.io, these programs started in the 18th century, when retailers would give customers copper tokens that could be redeemed for future purchases. Starting in… Continue Reading
Voice technology, artificial intelligence (AI) and delivery drones have been at the forefront of our conversations with retailers in the past week. Chinese e-commerce giant JD.com this week announced that it is planning to build China’s largest drone logistics network.… Continue Reading
This week, Fung Global Retail & Technology hosted its latest installment in the Breakfast with the Disruptors series. The event, which featured fashion tech companies, was held at Global Brands Group’s new Innovation Lab in the Empire State Building,… Continue Reading
Before PCs were linked via the Internet, we all felt blissfully safe from computer viruses and malware. Only people who trafficked in pirated software or who used floppy disks from unknown sources were vulnerable to the original types of malware.… Continue Reading
The Fung Global Retail & Technology team recently attended the 50th annual CES trade show in Las Vegas. Originally a trade show for televisions, radios and phonographs, CES has evolved into the world’s largest consumer electronics showcase, drawing more than… Continue Reading