China’s hottest tech trend in 2020 was collective online grocery shopping, also known as “community group buying.” This contact-free model for digital grocery retail took off during the pandemic as a convenient way to procure daily necessities in lockdown. Doubling in value over the course of the year, community group buying has all of China’s e-commerce giants, including tech companies outside the e-commerce space, aggressively pursuing a share of the pie.
Author: Maxwell Heston
In 2015, President Xi committed to eradicating rural poverty by the end of 2020, and despite the economic distress brought on by the pandemic, China declared its momentous victory. While a mix of state policy and private sector support were key to the campaign’s success, digital technologies such as e-commerce played a pivotal role in improving the quality of life in rural areas and have brought China one step closer to realizing a moderately prosperous society.