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November 5, 2015
Get ready for China Singles Day – Infographic on China

Earlier this year, China overtook the United States as the world’s largest economy. And yet, the vast potential of China as a retail environment remains largely untapped…

Much of the talk in the UK is about the emergence of Black Friday and Cyber Monday themed sales hitting our shores. Yet, neither come close to China Singles Day which is now the largest online shopping day in the world, with sales in Alibaba’s sites Tmall and Taobao increasing from US$5.8 billion in 2013 to US$9.3 billion in 2014. Last year, Worldpay saw a whopping 455 percent increase in spending on the day itself with 2,123 transactions per minute, spending £95 per person.

Get our infographic with much more information on this huge, vastly untapped, market and prepare your merchants for this year’s China Singles Day!


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Tags:
alipay | China | e-commerce