Online shopping in China is reshaping economic opportunity outside of larger cities and creating unprecedented access to new products.
The great leap forward: China’s lack of big-box stores has allowed the country to leapfrog the age of brick-and-mortar retail and head straight to online ordering. In the United States, “e-commerce is a dessert,” says Jack Ma, cofounder of Alibaba. “In China, it’s become the main course.”
Reaching all of China: The Chinese government and e-commerce giants like JD.com are investing heavily in creating infrastructure to deliver to rural areas of the country. By drawing on locals to oversee deliveries and serve as brand ambassadors, companies can encourage potential customers to embrace the new technologies.
Don’t settle for half the story.
Get paywall-free access to technology news for the here and now.