Did you know that 75% of the gross disposable income will come from middle class, upper-middle class and affluent communities?
Doubling down on e-commerce is very crucial right now in order to get through the pandemic. Chinese retail has survived by rapidly adopting digital strategies and leveraging AI during the pandemic. This move provides a holistic view of both the customer as well as their own inventory and thus, enables them to make the best decisions. Innovations in the online-to-offline space with tech-enabled strategy is certainly the need of the hour.
This report contains exclusive insights from Klaus Wang, VP, Sequoia Capital on China’s Millennial Consumption Power, China’s Disposable Income Growth, Service mindset over Selling mindset and so much more!
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