Larry Chen has 15 years of experience in key management positions in the smart retail industry and has a deep understanding of organizational digitalization. Larry is good at sales, branding, marketing, and other related fields. He currently serves as the general manager of the retail business department of Chi Forest and takes responsibility for the business growth of consumption.
4.2H - Hall A2
According to Frost & Sullivan, the retail market size for vending machines in mainland China is projected to reach 73.9 billion yuan by 2027. This channel is closest to consumers and can be a "spotlight". In addition to sales, vending machines perform "frontline scouting and new arrival discovering" for CHI FOREST as strategic enablers. By prioritizing user needs and curating top products from various leading brands, vending machines create convenient retail outlets nearby, satisfying consumers' demand for instant purchases without waiting. This approach unlocks a larger market potential driven by the immediate consumption needs of users.