With the most Internet users of any country, China is the world’s largest and fastest-growing e-commerce market. Capitalizing on opportunities, however, is becoming harder for consumer-facing companies as e-commerce penetration rates plateau in high-tier cities and as digital attackers, especially in the online-to-offline space, cut into incumbents’ margins.According to McKinsey’s latest sur...

Two university students have won a $10,000 prize after coming up with a clever wearable that will turn sign language motions into spoken language.According to Phys.org Navid Azodi and Thomas Pryor came up with a pair of gloves which record hand position and movement and transmit the data wirelessly over bluetooth to a computer, where algorithms are used to figure out what is being said. This is...

As the economy slows and saturation takes hold, half of 300-plus domestic brands may disappear."The mobile-phone industry changed more quickly and brutally than expected," Dakele Chief Executive Officer Ding Xiuhong said on his Weibo messaging account. "As a startup, we couldn’t find more strategies and methods to break through."Smartphone sales in China exploded earlier this decade as incomes...

Mobile ad startup Adtile is announcing that it has raised an additional $2 million in funding. That’s an extension of the $4.5 million Series A that Adtile raised back in 2014, and it comes from undisclosed investors.The San Diego-based startup focuses on a format it calls Motion Ads, allowing marketers to take advantage of smartphone capabilities like the GPS and accelerometer to create ads t...

Glowee is the light from the sea. A living lighting energy, needing no electricity, emitting very few CO2 and light pollution. A light coming directly from nature, at the crossroads of biomimicry and synthetic biology, ready to revolutionize our way to produce, consume and light up.Glowee develops a biological source of light, using natural properties of marine micro-organisms. The goal: to dis...

KFC is no doubt very popular among many people in Japan, especially when it comes to its succulent chicken. You can almost say that this fast food chain has become the embodiment of chicken in the country.Now add in a bit of Japanese creativity to the fast food chain with a single idea recreating the entire establishment. Check out the remodeled KFC branch in Takadanobaba, now labeled KFC+ Cafe...

Now we know exactly how addictive iPhones are, according to Apple: the average iPhone user unlocks their phone 80 times per day, says analyst Ben Bajarin, who attended a security "deep dive" at Apple's headquarters last week. At that rate, given a 12-hour day of usage, iPhone users check their phones between 6 or 7 times an hour, or about once every 10 minutes. That doesn't sound too excessive,...

After traveling through different cities across europe, lithuanian artist ceslovas cesnakevicius took note of the peaceful interaction between people of different cultures and nationalities. this level of good-natured tolerance towards others led cesnakevicius to consider the different kinds of things that could appear in a city, without locals even noticing something is amiss. these musings br...

For The First Time Ever, Digital Revenues Has Surpassed Physical Revenues Worldwide.It’s finally happened. In 2015, the global music market reached a major milestone as digital consumption surpassed physical, making it the primary revenue stream for the recorded music industry. Of the total global music revenue in 2015, digital accounted for 45%, overtaking physical’s 39% share.Global digital...