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Within the next two years, China’s e-commerce market will top $1 trillion, making it bigger than the e-commerce markets of the US, UK, Japan, Germany, and France combined. Fuelled by greater internet and smartphone penetration, an expanding middle class with…
‘Retailers are falling short in serving both Chinese shoppers and others overseas by not providing the seamless shopping experience they offer here in the UK’ Although 71% of the UK’s largest online retailers are selling internationally, almost half (45%) are…
New regulations proposed by the Chinese government will deliver an immediate boost to state-ownedChina UnionPay, potentially forcing its smaller Chinese online payment agents out of business. The ‘Method of Network Payment Service Management for Third-Party…
Unfazed by the country’s economic slowdown, luxury shoppers on the Chinese mainland have increased their purchases online as a range of e-commerce options provide attractive deals – from cosmetics and clothes to cars and property. That trend was uncovered…
Magnificence merchandise retailer Sa Sa is to simply accept Tencent’s WeChat funds in 100 Hong Kong shops. Sa Sa thus turns into the primary international retail companion of tencent’s new offline WeChat-based cross-border cost service, TenPay. WeChat’s…
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