Online payment companies help to give offline stores a sales boost
Chinese e-commerce companies have done it again. Hot on the heels of Singles Day, the Nov 11 shopping fest that this year saw Alibaba alone rake in 91.2 billion yuan ($14.1 billion) in sales in just 24 hours, another event on Saturday again had tills ringing.
Yet rather than boosting sales for online retailers, this time the magic worked for brick-and-mortar businesses.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua