Building The Future of Retail | Learn From China | Digital Transformation Company Owner | Keynote Speaker | Author | LinkedIn Top Voice | Daily China Trends & Insights
Chinese people going metaverse for CNY? 🧧🤩 Taobao is scheduled to launch a metaverse livestream shopping experience for CNY. People will be able to place orders in this virtual world in real time through giant advertising screens. 🧩 There will be unique features such as 360-degree product viewers, virtual AR and VR fittings and much more. 🧩 Shoppers can then purchase the products they want in this metaverse and then receive the physical packages in the real world. 🧩 This isn’t the first time Taobao has given a metaverse shopping experience. They engaged technologically savvy Chinese shoppers in last year's 618 and Double 11 as well. With big retailers in China still going for the metaverse and new policies in place, does the metaverse still have a place in China 2023? ✅ Metaverse market size. China's metaverse market size is expected to reach 126.35 billion yuan in 2027, at a CAGR of 32.98% from 2022. ✅ Artificial intelligence value. The China Business Industry Research Institute predicts that the scale of China's artificial intelligence market will reach 381.07 billion yuan in 2023. ✅ VR/AR Industry going up. China’s VR and AR industry started relatively late. However, there has been a continuous increase of policies, capital investment and growing demand for it. Its market size is expected to grow to 96.87 billion yuan by 2023. What’s your take? 🤓👇 Will the metaverse industry in China make it big in 2023? — #china #metaverse #marketingdigital Insights via AskCI, TheWorldIsNotEasy on TG ✌️ Follow my hashtag #ashleytalks on LinkedIn for daily China insights. 🎥 Check out my YouTube channel via [Ashley Dudarenok]. 🤓 I’m on Telegram under AshleyTalksChina
China leads the world in retail innovation and thankyou Ashley Dudarenok 艾熙丽 for keeping us informed. Shared this.
Thank you for sharing
Impressive stats Ashley Dudarenok 艾熙丽 - I think this is only going one way. Thanks for sharing!
Many thanks for the sharing and happy new year of the rabbit Ashley Dudarenok 艾熙丽 ! In France, cosmetics brands exporting to China have identified the metaverse / "metaverse makeup" like live streaming as big trends for 2023 in China, particularly with the success, with Generation Z, of Liu Yexi, virtual influencer. It's not only case for major French brands working with key metaverse french companies, but also of smaller ones using the Web 3 and the metaverse as a retail lever for their promotion, notably in China, NFT promotional campaigns or Blockchain.
I think the potential is absolutely there for this to be massive...disruptive (in a positive sense) on the way customers shop
While here in Europe we're trying to make live shopping real via TikTok in 2023, retail marketing in China is in 2323. Love seeing the potential of the metaverse
2027 a significant year for so many of us. Great share just back from Dubai it has so embraced the metaverse and all things Web3 Ashley Dudarenok 艾熙丽
The AR/VR Shopping starts to lead a new trend out of Ecommerce Wen Feng C.
Impressive .. and China supply chain ecosystem ready to deliver !
Building The Future of Retail | Learn From China | Digital Transformation Company Owner | Keynote Speaker | Author | LinkedIn Top Voice | Daily China Trends & Insights
1yWhat’s your take? 🤓👇 Will the metaverse industry in China make it big in 2023?