More than half a billion people in China will be paying with their phones in brick-and-mortar shops, cafes, and restaurants this year, according to the Statista Digital Market Outlook. That equals a penetration rate of more than 35 percent, the highest in the world. Yet, the overall annual transaction value per customer is higher in the US, the UK and France than in China. The average Chinese consumer is projected to spend around $1,100 with payment apps in 2019, compared to more than $2,400 in the UK and almost $3,000 in the U.S.
Brigadoon Radio: Episode 19: That's a Wrap: Brigadoon Sundance 2019
Recorded at the lounge inside the Robert Redford Center at Sundance Mountain Resort, Brendan Kownacki speaks with Marc Ross at the conclusion of Brigadoon Sundance 2019.
Marc is the founder of Brigadoon and specializes in communications for global business working at the intersection of globalization, disruption, and politics.
Since 2013, Marc has curated and managed Brigadoon with a mission of creating a global network where entrepreneurs and thought leaders gather to discuss emerging issues shaping commerce and culture.
Brigadoon is an opt-in, word of mouth community of leaders looking to learn from others to create a network of leaders committed to public service, solving problems, and building businesses.
From salon dinners to excursions and multi-day retreats, Brigadoon organizes a number of powerpoint free, conversation focused events in distinctive settings that involve all participants and foster deeper connections.
Brigadoon Radio: Episode 18: US-China Trade Policy - Where is it Going?
Recorded at the lounge inside the Robert Redford Center at Sundance Mountain Resort, Dr. Mark Stellingworth speaks with Benjamin Shobert during Brigadoon Sundance 2019.
Ben is a 2x Brigadoon Sundance participant and for 2019 joined the main stage to lead a discussion on "Blaming China Won't Fix America's Economy."
Ben leads the strategy team at Microsoft's Artificial Intelligence and Research's (AI&R) Healthcare business unit. Before joining Microsoft, he was the founder and managing director of Rubicon Strategy Group, and a consulting firm focused on market access, government affairs, and regulatory analysis work in China and across Southeast Asia.
He remains a senior associate at the National Bureau of Asian Research, a Seattle and Washington, DC, think tank. In September 2018, his first book, Blaming China: It Might Feel Good, but It Won't Fix America's Economy, was published by Potomac.