This year's retail tech is so last year...
JBU's International Business Practicum gave students a sneak peek into the future!
Wednesday, February 3, 2016
Here is our group at the Fung Business Intelligence Centre in Hong Kong:
This is where we learned about the future of retail. You can see the interactive mirror behind the presenter on the right:
We also visited Yihaodian, one of the many fast-growing eCommerce startups taking the Chinese mobile marketplace by storm. Walmart acquired a majority stake in the company last year in order to expand their eCommerce business in China.
Yihaodian can deliver an online order in a metropolitan area within hours of it being placed. This service is relatively new here in the U.S., but Yihaodian and similar companies have been providing it in China for years.
Another highlight of the trip was visiting Walmart's China headquarters, as well as their Asia headquarters.
Here we are in front of a Chinese Walmart store:
It was also neat to see the largest volume Sam’s Club in the world.
We took a bullet train from Shanghai to Beijing, because why not?
While in Beijing, we received an economics briefing at the U.S. Embassy. We also spent part of a day learning about management at the world-renown Drucker Institute.
The China experience wasn’t all business, though. We also toured the Forbidden City in Beijing…
...and experienced the local culture by shopping in the local markets.
We saw (and ate) a lot of interesting food…
...and we drank some of the best hot tea on the planet!
We finished our trip at the Temple of Heaven, an incredible end to an incredible 10 days!
JBU offers trips like this every year. I went to China, but our students also travel to places like Guatemala and Brazil. The best part? These trips are open to all of our Graduate Business students.
Check out our Study Abroad opportunities here!