Retailers/Alibaba Group/News/news article

China: new online consumption patterns

Date : 30 November 2020

Jiong-Jiong Yu

Senior Retail Analyst

Speaking at a forum in Shanghai last week, Alibaba Group Chairman and CEO Daniel Zhang, shared the new consumer behavior and trends seen during this year’s 11.11 Global Shopping Festival . Mature consumers: sharp rise in numbers and big spenders The number of mature consumers, defined…
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