Kuaishou, Chinese short video, and live-streaming app, brought electric vehicles to its e-commerce platform in March 2021, teaming up with SGMW and GM China. This is Kuaishou's first attempt at selling a vehicle through live shopping.
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The trend towards deploying facial biometrics to provide contactless payments is becoming more pronounced in Asia. In China, for instance, more than 100 million people signed up for a face payment system in 2020, according to Nikkei Asia. Alipay and WeChat Pay
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Even when the pandemic wanes, the percentage of employees working remotely may continue to grow. 451 Research conducted a research globally and showed that 80% of organizations surveyed have implemented or expanded universal work-from-home (WFH) policies, and 67% of them planned to keep at least a few remote work policies in place long term or permanently. Some Asian enterprises retool their internal processes and explore a growing range of immersive technology.
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There is no doubt that the Covid-19 and its restrictions have had a disastrous effect on the tourism industry in Asia. With the increased use in the gaming sector, virtual reality (VR) may also help tourist destinations recover from the pandemic.
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SOHU reported that 222,855 Chinese EVs were exported overseas in 2020, of which 72,677 were exported to Europe, an increase of 211% year-on-year. Many Chinese EV makers are eyeing the European market. Europe is buying electric vehicles at a record pace and it is the world’s biggest EV market, as consumers are encouraged by government subsidies and dozens of new hybrids.
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