Transactions surge during China's mid-year online shopping spree
Xinhua | Updated: 2020-06-21 07:04
BEIJING -- Total transactions and their monetary value rose sharply during the just-concluded online shopping spree, according to Chinese online payment clearing house NetsUnion Clearing Corporation (NUCC).
A total of 26.18 billion transactions worth 16.91 trillion yuan (about $2.38 trillion) were carried out during the so-called "618" online shopping festival from June 1 to June 18, up 52 percent and 42 percent, respectively, from last year.
The number of transactions on June 1 hit 1.6 billion, a single-day record, said the NUCC.
According to the clearing-house, the COVID-19 epidemic has reinforced people's habit of shopping online.
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