Photo Tmall employees working in Hangzhou, China, early on Tuesday. Singles’ Day is crucial for many small- and medium-size retailers in China.Credit Aly Song/Reuters
China’s slowing economy got a little retail therapy on Tuesday, as Chinese Internet users showed just how ingrained online shopping has become in the country.
The Alibaba Group, China’s e-commerce giant, said that by the end of Tuesday, the value of transactions on its online payment system during China’s unofficial Singles’ Day…
Continue lendo em https://bits.blogs.nytimes.com/2014/11/11/made-up-holiday-in-china-but-real-revenues-for-online-retailers/
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