Now and then: Shopping through the ages in China
(chinadaily.com.cn) Updated: 2015-02-02 06:58
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A delivery company is busy handling parcels on Nov 10, 2014, one day before the Singles' Day shopping fever. [Photo/IC] |
2000s: E-commerce
Purchasing all kinds of goods and services from e-commerce websites became an integral part of Chinese life since the first online purchase took place in Nov 1996.
E-commerce giant Alibaba Group Holding Ltd reported more than $9 billion in sales on China's Singles' Day on Nov 11, 2014, illustrating the buying power of the Chinese consumer and the importance of the event in the retail calendar.
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A vendor dozes off during prime business hours at Zhongguancun e-World Mall, at Zhongguancun, China's Silicon Valley in Beijing, Jan 22, 2015. The mall announced recently that it decided to stop leasing its booths to individual businesses. [Photo/IC] |
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