Alibaba is testing blockchain technology to track products and ensure food authenticity. It is working with two food products, one from Australia and one from New Zealand – and giving consumers the ability to scan a QR code to verify product authenticity. Fake food has long been a problem in China and Michigan State University estimates it costs the global food industry $40 billion per year. First announced in March 2017, the goal of this blockchain integration is to “achieve end-to-end supply chain traceability and transparency to enhance consumer confidence and build a trusted environment for cross-border trade,” said Alibaba. Investment in blockchain technology has doubled to $2.1 billion and industry projections see that expenditure reaching $9.7 billion in 2021, according to reports from IDC. Numerous firms, such as Alibaba’s industry rival JD, are also delving into blockchain tech to streamline the supply chain, auditing, and compliance processes.
"Alibaba rolls out blockchain pilot to tackle fake food products", Tech in Asia, April 30, 2018
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KFC outlets in Hong Kong and Macau will stop automatically giving out plastic straws and lids for customers eating in the store, but will provide them if asked. They will also be added to takeaways and select items. KFC made the decision following a trial in which most customers were happy not to have a plastic straw or lid. Greenpeace has acknowledged the move but added that plastic straws and lids are just a fraction of the plastic disposables used by the chain. The environmental group estimates that KFC uses some 42 million plastic disposable items each year, but even this is less than some local chains, according to Greenpeace.
"KFC to ditch plastic straws and drink lids for dine-in customers in all of its Hong Kong and Macau restaurants", South China Morning Post , September 07, 2018
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South Korean skincare brand Aesthetic Hydration Cosmetic has unveiled a pop-up store in Shanghai, marketing the company’s official entry into China’s beauty care market. According to AHC, its cosmetics products are being sold at health and beauty stores across China, as well as in online shopping malls in the country. With the pop-up store offering customers the chance to experience the company’s leading products, AHC said it will target women in the country with its leading moisturizing products.
"S. Korean skincare brand AHC officially enters China", Pulse by Maeil Business News Korea , September 12, 2018
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Skincare trends, referred to by industry observers as “black tech”, are becoming popular among millennial consumers in China. Three of the leading black-tech product categories are black-tech facial machines, with the ReFa Electronic Roller from Japan as a leading example; black-tech facial cleansers, such as those from Foreo; and black-tech massage boosters, including those from the SK-II brand. Facial rollers from ReFa accounted for 50 percent of the segment’s revenue in 2017, with more than $4 million worth of ReFa machines sold during the November 11 Singles Day shopping festival. Foreo’s facial cleanser became a social media favorite, with many celebrities posting themselves using the product. SK-II launched a massage booster in 2017, selling all of its 10,000 units during the company’s 2017 TMALL Super Brand Day event.
"Chinese Millennial Skincare Gets a Black Tech Makeover", Jing Daily, September 14, 2018
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