Luxury Sales Slowdown Reflects Waning Chinese Buying Power
[Business]
2018/11/06 11:14
Middle-class consumers hold back, with cash stuck in sinking stocks and property.Kelly Chai, a white-collar worker at a technology company in Beijing, hasn't spent any money on luxuries for a while.Once upon a time, Chai used to buy lower-end Louis Vuitton products, but she now refrains from spending even $400 on a Coach handbag. "I could not make up my mind. I feel it's not necessary," said th...
Uber’s Secret Restaurant Empire - .Uber Eats
[Business]
2018/11/06 11:14
The incredible growth of the food delivery business has led to some unconventional arrangements.On Aug. 1, Brooklyn Burger Factory began selling gourmet patties in its residential neighborhood of Crown Heights. But even though the restaurant serves a steady stream of jerk burgers, salmon burgers, and veggie burgers, not a single person has shown up to eat one.That’s because the restaurant exis...
Toyota Taps Pizza Hut to Make Robotic Pizza Making Tundra Pickup Truck
[Tech]
2018/11/06 11:13
Following on from the companies’ first blueprint, for a fleet of driverless delivery vans, toyota has again teamed up with pizza hut. this time the pair have actually built a zero-emission pickup with a robotic pizza-making factory in the truck bed. The vehicle, dubbed the tundra PIE pro, is programmed to have the pies freshly baked as you drive to your delivery destination.The tundra PIE pro...
(M&A) Record $25 Billion Games Deals Could Signal Top of The Market
[Investing]
2018/11/06 11:13
This year’s record $25 billion games deals over just 9 months could mean we’ve hit the top of the market, as detailed in Digi-Capital’s new Games Report Q4 2018. Last time this happened, games investment and M&A plunged into a games deals ice age at the lowest level in a decade. The games deals cycle has swung from boom to bust twice already since 2010, so the next 6 months will determin...
World-First Aerogel is Made from Plastic Bottles, and has Many Potential Uses
[Tech]
2018/11/06 11:12
The process, which is said to be easily scalable for mass production, can produce an A4-paper-sized aerogel sheet from a single bottle.Pop bottles are one of the most common types of plastic waste, so the more ways that we can find of recycling them, the better. With that in mind, researchers at the National University of Singapore (NUS) have developed an inexpensive method of converting such b...
Dryon Curling Iron and Hair Dryer in One
[Design]
2018/11/06 11:12
DRYON, a single device with two functions. It’s a concept hair styling device, you get a hair dryer and a curling iron in one. Changing your hairstyle can be easier now, DRYON is a hair dryer concept with built-in curling iron, making it convenient to use and use your space more efficiently. The design of this device emphasizes on its color gradation, it’s a way to describe that there are two...
(PDF) Mckinsey - Commercial Excellence in China : Lessons from The Top CPG Companies
[Business]
2018/11/05 10:57
What does it take for consumer-goods manufacturers to succeed in the fast-growing—and increasingly competitive—Chinese market? Our latest survey yields some answers.The dizzying pace of change in China’s retail and consumer landscape has kept consumer-packaged-goods (CPG) manufacturers on their toes. In the past few years, demand for their products has grown rapidly in China, but success is...
Bouchee Capsule Food Printer
[Design]
2018/11/05 10:57
In the future, it looks like we can simply print our food. Bouchee Capsule Food Printer would transform high-protein mealworms and high-chlorophyll seaweed into palatable healthy food. Alternative food ingredients can be ground into a paste to fill food capsules, these capsules are easy to store and identify. Made with eco-friendly PLA plastic, these capsules can retrain its ingredient freshnes...
Morgan Stanley - Bitcoin Decrypted: A Brief Teach-in and Implications
[Investing]
2018/11/05 10:56
Morgan Stanley report: The bitcoin thesis is ‘rapidly morphing’, cryptos highly correlated.- The sections include stablecoins, ICOs, problems with Bitcoin, institutional investment, energy consumption, regulation and blockchain. - Morgan Stanley thinks that institutional interest is increasing but that there are still several problems with the industry as a wholeThe research division of Morga...
Zaha Hadid Design Develops Base Layer Clothing That Adapts to the Human Body
[Design]
2018/11/05 10:56
Zaha hadid design, the design branch of the acclaimed architecture firm, has developed a new sports underwear line that adapts to the anatomy and physiology of the human body. The garments have been created for, and in collaboration with, odlo, an international sports performance brand who are the original inventors of performance base layer clothing.Developed in partnership with zaha hadid des...
New Vehicle Technologies Double Repair Bills for Minor Collisions
[Business]
2018/11/05 10:56
Repairs for cars with advanced technologies could cost thousands more than for other cars.Front radar sensors used with automatic emergency braking and adaptive cruise control systems: $900 to $1,300Rear radar sensors used with blind spot monitoring and rear cross traffic alert systems: $850 to $2,050Front camera sensors used with automatic emergency braking, adaptive cruise control, lane depar...
Amazon's Health and Beauty Sales Keep Growing
[Business]
2018/11/05 10:55
Amazon might not be the first retailer that comes to mind for health, personal care and beauty products, but it's the third-fastest-growing category by our estimates. We forecast that Amazon's US sales of those products will reach $16 billion this year, a 37.9% increase over 2017.According to new Edison Trends data, health and beauty is the third-most-purchased category on the Amazon in 2018. F...
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