China is speeding up in e business

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China is speeding up in E-Business

You might still think Silicon Valley is the only tech­hub in the world. But this has changed! In today’s world, China has become another country that owns many tech giant from Tencent to Alibaba. Let’s take a look today! Easy Payment With everything you could ever want just a fingerprint­scan away, emptying your wallet, your savings account, and your emergency fund, has never been easier. Chinese consumers don’t need to worry about the war raging between WeChat Wallet and Alipay, because whether they’re with team Green or team Blue, they’re winning – or losing, depending on how you look at it. Speedy Delivery Online shopping in China is easy. Step aside Amazon Prime, because Chinese people in most metropolitan areas can order daily necessities and plenty of other odds and ends on one of a few different apps and have them delivered to their door by motorbike (or motortrike) within the hour. Wealth Given the conveniences mentioned above, it’s no wonder a lot of that money is going toward the e­commerce market. The Chinese middle class is much larger


than it was a decade ago. As wealth increases amongst Chinese citizens, so too do their disposable incomes. given Be honest: How much do you spend on online shopping, and how do you spend it?


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