The most telling statistic is online consumption of food and entertainment grew by 70X over five years On Saturday, online payment services provider Alibaba’s Ant Financial published China’s first online consumption index. The data is primarily taken from Alipay, Alibaba’s online payment platform. The index, growing 12.1 times from January of 2011 to April of...
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The post Ant Financial report: China’s online spending shifts to services and leisure appeared first on e27.
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