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Virtual Reality Shopping Centers

Alibaba Buy+ is a Virtual Mall Showcasing the Company's Products

— January 20, 2017 — Business
Alibaba Buy+ is a new e-commerce concept from the Chinese retail giant that has the potential to completely revolutionize how people shop for products. Due to its ability to create immersive private worlds for each user, VR has an unlimited amount of potential in a variety of fields. Alibaba's new technology is the natural extension of how VR will come into play in the world of digital retail.

Alibaba Buy+ is a virtual reality shopping mall. By donning just a VR headset (with the option to add two handheld remotes for HTC Vive owners,) consumers can walk through the virtual space of the mall, visit various stores, and make purchases that will then be delivered in the real world. The program is currently available in beta only.
Trend Themes
1. Virtual Reality Shopping - VR has the potential to revolutionize how people shop for products by creating immersive private worlds for each user.
2. Immersive Retail Experiences - The ability to create virtual shopping malls allows consumers to walk through virtual spaces, visit stores, and make purchases.
3. Integration of VR and E-commerce - Alibaba Buy+ showcases the natural extension of how VR will come into play in the world of digital retail.
Industry Implications
1. E-commerce - The integration of VR technology in e-commerce opens up opportunities for immersive shopping experiences.
2. Retail - Virtual reality shopping malls present a disruptive innovation opportunity for the retail industry.
3. Technology - The use of VR to enhance the digital retail experience is a growing trend within the technology industry.
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