Tragic! China’s $500M Wasted on Unmanned Supermarkets, Now Left in Ruins and Queueing for Closure
Tragic! China’s $500M Wasted on Unmanned Supermarkets, Now Left in Ruins and Queueing for Closure
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Looking back over the past decade, the rise and fall of unmanned supermarkets in China could be considered a dramatic episode in the internet economy. In 2017, mainland media hailed them as "a new landscape, new opportunities, and a technological revolution," as if they had reshaped the retail ecosystem overnight. Yet, just a few years later, that glory faded, and most projects vanished. Today, we’ll analyze the trajectory from peak to downfall.
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