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In 1994, China introduced the first beverage vending machine, and the industry has been in a tepid state since then. Today, when the concept of unmanned retail is popular, the long-dormant vending machine is beginning to usher in a good time. So, what kind of business is a vending machine? The vending machine is the originator of unmanned retail, which appeared in the 1970s. It first emerged in Japan, and the rise in rent and labor has promoted the rapid development of the industry. At present, there are as many as 5 million vending machines in Japan, with an average of one for every 24 people. At present, China is at a stage similar to that of Japan. However, China, with a population of 1.4 billion, only had about 200,000 vending machines in operation by the end of 2016. Compared with developed countries, China has a huge market space. Perhaps in response to the call for 'new retail', the shop has been particularly aggressive in the past two years, because the data in 2014 was less than 100,000 units nationwide.

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200 FAQ NEWS CASE
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Since Ma Yun proposed new retail, the term new retail has gradually been mentioned.
The term new retail is gradually being mentioned, and the capital market is also holding high the banner of new retail, and around the slogan of changing traditional retail, new retail businesses have begun to be laid out.
Big data has now begun to gradually change our lives.
Big data brings us three subversive conceptual changes: all data, not random sampling; general direction, not precise guidance; correlation, not causation.
It was McKinsey who first proposed the arrival of the era of big data:“Data has penetrated into every industry and business function area today and has become an important factor of production.
The artistic conception of data in the past few years has gradually penetrated into our lives, and in the future data will have a great impact on all aspects of our lives.
Today, I would like to share with you the trend of big data.
first proposed“The era of big data is coming from McKinsey, a world-renowned consulting firm.
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