E-shoppers spend generously on their kids

Chinese online shoppers are bargain hunters. But when it comes to the well-being of their children, they can be pretty generous.

A report released by the internet finance arm of e-commerce giant Alibaba Group Holding Ltd showed that on average Chinese parents spent more than 80 yuan ($12.15) in 2015 on each online order made for their children.

The report, published on Tuesday by Ant Financial Services Group, showed parents in Shanghai are the top spenders for their children.