Breaking Stories

Transformations In Retail And Commerce With Digital Technology

The country is in the middle of a large migration from traditional brick-and-mortar to digital commerce, with consumers moving from dining in eateries to ordering online or via app. Noodles & Company, for its part, has implemented enhancements such as curbside pickup. In technology, private peer-to-peer (P2P) blockchain networks can help streamline data flows connected to cross-border payments, while in initial public offerings (IPOs), stock exchanges in Shanghai and Hong Kong halted the looming Ant Group IPO. All this, Today in Data.


2017: The launch year of blockchain-based Interbank Information Network, which was recently rebranded as Liink.

60%: Portion of Noodles & Company’s business that was comprised of off-premises dining even before COVID-19.

50%: Share of consumers who have paid via digital wallet in the past three months.

33%: Percentage of Ant Group that is owned by Alibaba.

19M: Number of consumers who have shifted from dining in restaurants to ordering from eateries online or via app.

What is your reaction?

In Love
Not Sure

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *