Jack Ma: Industrials must 'digitalise or fail'

Alibaba founder warns the industrial sector it is next in line for the kind of digital disruption that has transformed the consumer sector in the last decade.

China's consumer market has faced a decade of digital disruption. The structural transformation amid the rise of e-commerce has taken consumption beyond the traditional physical store and forced vendors to fundamentally alter their business models to meet the demands of a new generation of digital customer.

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