The Impulso Podcast

E26: Momentum Works Goes to China Part 1/2

12 snips
Aug 25, 2023
Yolian, a team member at Momentum Works, shares her exciting experiences from a recent China immersion trip. She discusses innovative retail concepts like machine-washable teddy bears attached to coffee cups. The team explores Meituan's swift delivery services, emphasizing fresh food logistics. They also delve into China's autonomous vehicle landscape with flying taxis and a visit to tech giants like Huawei and Tencent. Additionally, Yolian highlights talent incentives in Qianhai aimed at attracting international firms, showcasing China's rapid innovation.
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ANECDOTE

Midnight Delivery Works Everywhere

  • Zhang An tested midnight delivery and found hammers available within 20–30 minutes from nearby stores.
  • Yolian and Zhang noted you can order live fish, chicken, vegetables and clothing with one- to two-hour delivery.
INSIGHT

Delivery Systems Optimize For Freshness

  • Meituan and others built operations to guarantee cut fruit arrives fresh and cool within 30 minutes.
  • That level of service shows Chinese delivery ecosystems optimized for quality and time-sensitive office orders.
INSIGHT

Policy Drives Fast Experimentation

  • Policy is a clear accelerator: local and district incentives let technologies like autonomous driving and flying taxis test quickly.
  • Speed of innovation in China often follows clear policy nudges rather than pure market timing.
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