Alibaba, JD.com, Pinduoduo launch campaigns for Singles’ Day shopping festival on same day

Alibaba, JD.com, Pinduoduo launch campaigns for Singles’ Day shopping festival on same day

Taobao and Tmall Group, Alibaba’s domestic e-commerce business unit, launched at 8pm on Monday the presale stage of its promotion for Singles’ Day – also known as 11.11 or Double 11, referring to the shopping extravaganza originally observed on November 11 – as the company anticipates a record-high volume of users taking part in this … Read more

Tencent’s WeChat Pay says transactions jump during ‘golden week’ after China’s stimulus bazooka

Tencent’s WeChat Pay says transactions jump during ‘golden week’ after China’s stimulus bazooka

Tencent Holdings’ WeChat Pay, one of China’s dominant digital payment platforms, saw a jump in transactions during the “golden week” national holiday, as consumer spending shows signs of recovery after Beijing rolled out its biggest stimulus package since the pandemic. Known as Weixin Pay on the mainland, the digital wallet recorded a 20 per cent … Read more

Chinese tech giants from ByteDance to Meituan see surge in ‘golden week’ consumer spending

Chinese tech giants from ByteDance to Meituan see surge in ‘golden week’ consumer spending

Chinese tech giants providing dining and travel-booking services saw consumer spending surge on their platforms during the “golden week” National Day holiday, according to data released by on-demand local services firms including Meituan and ByteDance-owned Douyin, the Chinese version of TikTok. During the first five days of the annual break, which ran this year from … Read more

Cross-border trips near pre-pandemic levels during China’s ‘golden week’ holiday

Cross-border trips near pre-pandemic levels during China’s ‘golden week’ holiday

More than 13 million journeys were made across mainland China’s borders during the recent “golden week” holiday, almost reaching pre-pandemic levels, according to the country’s immigration authorities. The week-long holiday – which this year started on October 1, China’s National Day, and ended on Monday – is traditionally one of the country’s main travel periods … Read more

Alipay sees surge in overseas travel transactions during China’s ‘golden week’ holiday

Alipay sees surge in overseas travel transactions during China’s ‘golden week’ holiday

Alipay, China’s leading mobile payment service operated by Ant Group, reported a surge in outbound and inbound tourism transactions during the mainland’s “golden week” National Day holiday, as consumer confidence appears to rebound following Beijing’s large-scale stimulus measures introduced ahead of that annual break. During the first four days of the holiday, which began last … Read more

China set to beat pre-pandemic travel levels during ‘golden week’ holiday

China set to beat pre-pandemic travel levels during ‘golden week’ holiday

China is expected to beat pre-pandemic levels of domestic travel during this year’s week-long National Day holiday. The “golden week” is typically one of the country’s busiest travel periods and, according to transport vice-minister Li Yang, this year is expected to see a total of 1.94 billion journeys during the holiday, which starts on Tuesday. … Read more

6 restaurants in Shanghai serving international cuisine, from tapas to Thai to brunch

6 restaurants in Shanghai serving international cuisine, from tapas to Thai to brunch

Shanghai has just survived its biggest tropical cyclone in 75 years – thankfully, Typhoon Bebinca’s visit was brief and the sun is shining once more. With China’s annual “golden week” holiday to celebrate the country’s National Day approaching – millions are expected to flock to the metropolis – here are six under-the-radar restaurants in Shanghai … Read more

Chinese universities accused of overstepping with restrictions on students’ off-campus holiday travel

Chinese universities accused of overstepping with restrictions on students’ off-campus holiday travel

Notices issued by Lanzhou Jiaotong University and the School of Foreign Studies at Jiangsu Normal University were among the strictest, according to local online media ThePaper.cn, citing statements made last week. 01:26 The University of Hong Kong beats Singapore’s National University in influential Asia ranking The University of Hong Kong beats Singapore’s National University in … Read more