Data Empowering Marketplace Business Advisor

At 2019 Luohan Academy Annual Digital Economy Conference, Zhenyun Patricia Sun, Industrial Organisation and Development Economics Ph.D. Candidate at Harvard Univeristy, delivered a speech on Information Acquisition and Data Return. Sun believes that “in the big data era, data itself has particularly manifested increasing importance in business decision-making. Platforms, in some sense, are part of the infrastructure. Its unique position is instrumental in accumulating reams of information, enabling all kinds of participants to obtain an unprecedented amount of information. Data is proven to be a primer for policy-making and instruction for business strategy, notably from the practice of Alibaba recently launched marketplace business advisory tool.

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