Alibaba and Ford unveil car vending machine in Guangzhou [CNBC]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: CNBC
Chinese e-commerce giant Alibaba Group and US car maker Ford have unveiled an unstaffed car vending machine in China's southern city Guangzhou. The machine stands about five-storeys tall and contains 42 cars, of various models, including the Ford Explorer SUV and Mustang. Alibaba said users of Tmall, Alibaba's flagship online shopping platform, with good credit scores can buy a car from the machine, without any human help, in under 10 minutes. They simply select a model on Alibaba's Taobao mobile app, have their face scanned by the app, and when they arrive at the machine, it will verify their identities before the vehicle is delivered. More from the South China Morning Post : China needs more water. So it's building a rain-making network three times the size of Spain Archaeologists confident they have found body of fabled Chinese warlord Cao Cao How agents are helping investors buy into initial coin offerings, despite their ban in China
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