6 April 2023
Mind Your Business: How to invest in A.I. powered Vending Machines for an extra stream of passive income
Gone are the days when vending machines were limited to selling just snacks and drinks.
With the advent of new technologies like A.I., the landscape of the vending machine industry has some exciting developments that are attracting not just consumers and brands, but also investors.
For brands and retailers, it has become their go-to option for cost cutting as well as a global reach...and for investors, they can take advantage of this company's unique model to earn passive income without the need for significant capital or management involvement.
On Mind Your Business, Lynlee Foo speaks with Hanley Li, Founder of CloudRetail and Karman So, Global Brand Director, CloudRetail, on the evolution of the centuries-old vending machines business model, their three pronged approach for retailers, clients and investors, A.I. technology in their system as well as global trends.

Produced and edited by Anthea Ng (nganthea@sph.com.sg)

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