Retail in Asia

Chinese may spend 11pc more online

Chinese consumers intend to spend 11 percent more to shop online during this year’s holiday season, a survey by Visa International said on Thursday.
They will fork out an average of USD822 in sp…

EBay buys German technology company

EBay Inc said on Thursday it bought BillSafe, a purchase and invoicing technology provider with clients in Germany, and will combine it with its PayPal online payments service, in a move to strengthen…

Chinese youth go mobile

Young Chinese consumers living in urban areas feel more positively towards e-commerce and the mobile web than those in older age groups, according to a study from GroupM.
The media agency said that th…