Malls are being repurposed into “mixed-used town centers” with offices, housing and green space in addition to reduced retail. In innovation, the “bring it to me” economy will redefine business models at a time when a large share of consumers prefers delivery to pickup. And in payment methods, the People’s Bank of China (PBOC) has successfully finished its second central bank digital currency (CBDC) pilot program. All this, Today in Data.
Data:
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$95M: Amount for which Epic Games, owner of Fortnite, reportedly purchased the Cary Towne Center to build its corporate headquarters.
$119: Yearly fee that Amazon Prime members pay to receive free shipping, among other benefits.
70: Approximate number of malls that have been converted into “mixed-use town centers.”
25%: Rough share of consumers who have used an aggregator to get restaurant food delivered since March 2020.
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20M: Amount of digital yuan issued to 100K residents chosen by lottery in the city of Suzhou in a CBDC pilot.
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