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An optimized livestreaming shopping process and experience holds the key to attracting consumers in addition to cost performance. According to the Nielsen study, some of the reasons why consumers are hesitant to use livestreaming e-commerce platforms are due to product quality, after-sales problems, less-than-appealing discounts, as well as being unable to obtain the product.

And he said it is a matter of time before the mobile payment systems that are ubiquitous in China catch on in the West.

And just as Amazon forced competitors to offer their own free 2-day shipping promise, RBC thinks history will repeat itself with one-day shipping. The firm predicts that “once Amazon builds an even greater loyal user base with free one-day delivery, the industry may have to follow, again.”

Analysts expect the company to report a significant loss, reflecting the downturn in air travel as individuals and businesses cut back during the COVID-19 pandemic.

Analysts are already expecting the company's profit growth to decelerate this year, according to Bloomberg data. Their consensus estimated annual earnings growth for Shanghai Airport would be 14 percent over the next three years, below its average annual growth of 19 percent over the past five years.