It would seem the hype in the lead-up to Singles Day was justified, with Alibaba posting a record $17.8 billion in online sales, easily surpassing the $14 billion record set in 2015. A startling ...
According to HSBC, the Chinese O2O (online to offline) market is more than $150 billion in size with just 4% internet penetration. The online portion of this market surged 80% year on year to $47 ...