champion

How China’s Ant is evolving from a payments app into a technology champion

This is the second in a series of four articles analysing the Hong Kong and mainland stock markets, delving into the reforms, emergence of the Star Market as a solid fundraising venue, upcoming technology champions and the way forward. You can read part one here.

When Starbucks was looking to boost its digital traffic in China to help sales recover from store closures prompted by the coronavirus pandemic, it turned to Alipay.

The Chinese mobile app with 900 million users scattered across the nation integrated a pre-order and pickup feature for Starbucks into its popular app last month, a service that was previously only available on Starbucks’ own mainland mobile app. The Seattle-headquartered chain of coffeehouses said on July 28 that it sees its China sales substantially recovering by the end of September, boosted by such digital initiatives.

Ant Group, the operator of Alipay, is preparing an initial public offering … Read More

The Canadian tech champion taking on Amazon

When the pandemic forced Pizza Pilgrims to close its 13 stores in London and Oxford in March, the business went from making 30,000 pizzas every week to zero. Of the 276 staff, 270 had to be furloughed.

While they opened one store in April to manage delivery, founder Thom Elliot still needed to find another way to make up for the lost revenue. “I tried to think of something that would serve our customers, who kept calling us, and also keep us relevant during these times,” he says in an interview.

Mr Elliot and his team decided to create pizza kits featuring all the raw ingredients you need to make your own pizza at home, but to do that he needed to upgrade his website. That’s where Shopify came in.

The Canadian company offers the technology for anyone to create an online store and sell their products, with added features

Read More

Shopify; The Canadian tech champion taking on Amazon

When the pandemic forced Pizza Pilgrims to close its 13 stores in London and Oxford in March, the business went from making 30,000 pizzas every week to zero. Of the 276 staff, 270 had to be furloughed.

While they opened one store in April to manage delivery, founder Thom Elliot still needed to find another way to make up for the lost revenue. “I tried to think of something that would serve our customers, who kept calling us, and also keep us relevant during these times,” he says in an interview.

Mr Elliot and his team decided to create pizza kits featuring all the raw ingredients you need to make your own pizza at home, but to do that he needed to upgrade his website. That’s where Shopify came in.

The Canadian company offers the technology for anyone to create an online store and sell their products, with added features

Read More