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Cumulative sales of Epson inkjet printers in China reached 3.56 million units by October, and its projector business has continued to be the market leader in China for the past six years, with a market share of 24 percent, according to Fukaishi.

Currently, small and micro businesses can apply for a loan through Ant Financial's online platform within three minutes and receive the money immediately upon approval, according to Peng.

Customers queue outside a Luckin coffee shop in Shanghai on April 3.[Photo by Wang Gang/Asia News Photo]

Currently, there're about 15 direct weekly flights from Wuhan to Hong Kong.

Cusumano: “There is a big difference. Innovation platforms are technological foundations that bring together users with outside creators of what we call complementary innovations. In other words, as in the case of a smartphone, those complements would be third-party software apps. Transaction platforms are also bringing together different market actors, but for the most part they’re bringing together buyers and sellers, or something resembling that. We think all platforms fall into one of these two categories.”