Delivery networks and AI technology have powered a shift towards the sharing economy in China, with subscription-based services expanding to include video and music streaming together with a widening range of consumer goods. Examples include the CNY499 ($70) per month women’s clothing hire service YCloset, run by Alibaba Group. It allows customers to order and return items through an app and to receive bespoke clothing recommendations based on AI analysis. Subscriptions are spreading from music and video streaming to tangible consumer goods like clothing, bicycles, cosmetics and flowers. The rise of these platforms has also led to concerns about privacy and data protection.
Delivery networks and AI technology have powered a shift towards the sharing economy in China, with subscription-based services expanding to include video and music streaming together with a widening range of consumer goods. Examples include the CNY499 ($70) per month women’s clothing hire service YCloset, run by Alibaba Group. It allows customers to order and return items through an app and to receive bespoke clothing recommendations based on AI analysis. The rise of these platforms has also led to concerns about privacy and data protection.