Alibaba And Ford Open China’s First Car Vending Machine

By Tyler Durden

Vending Machine

China’s Alibaba wasn’t the first company to create a car vending machine – that honor belongs to a Singaporean entrepreneur who transformed Singapore’s Autobahn building into what appears to be a giant PEZ dispenser stocked with luxury cars.

But after months of planning, Alibaba’s T-Mall (in partnership with Ford) has opened the country’s first car vending machine in the city of Guangzhou. Plans are already in motion for a second vending machine to be opened in Beijing, and the company is already planning its third machine in Hangzhou.

Customers can test drive the vending machine’s inventory – and if they have the cash on hand to put down a deposit, they can drive away in their new car (assuming they can convince their local Communist Party officials to issue them a license plate).

Booking test drives and other tasks can be handled via the Tmall (also known as Taobao) mobile app. According to the company, customers can pick up their cars in 10 minutes, according to the Irish Times.

The vending machine is “an important part of Alibaba’s new retail strategy:

Gu Wanguo, general manager of vehicles at Tmall Auto, said the auto vending machine is an important step in Alibaba’s New …read more

Source:: ZeroHedge