Firm to open first cashierless pop-up outlet in Shanghai

Tencent Holdings Ltd has opened its first cashierless pop-up store in Shanghai, the latest player to delve into what could become a 65 billion yuan ($10.2 billion) industry by 2020.

Named We Life, the 300-square meter shop features the use of WeChat Pay, the proprietary e-wallet of messenger app WeChat, to let shoppers buy items without paying cash, swiping a card, or interacting with a single human being.

Customers can enter the store by using a phone to scan a quick response code at the gate, which enables user identification and automatic payment.