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China / Now and Then

Now and then: Shopping through the ages in China

(chinadaily.com.cn) Updated: 2015-02-02 06:58

Now and then: Shopping through the ages in China

A delivery company is busy handling parcels on Nov 10, 2014, one day before the Singles' Day shopping fever. [Photo/IC]

2000s: E-commerce

Purchasing all kinds of goods and services from e-commerce websites became an integral part of Chinese life since the first online purchase took place in Nov 1996.

E-commerce giant Alibaba Group Holding Ltd reported more than $9 billion in sales on China's Singles' Day on Nov 11, 2014, illustrating the buying power of the Chinese consumer and the importance of the event in the retail calendar.

Now and then: Shopping through the ages in China

A vendor dozes off during prime business hours at Zhongguancun e-World Mall, at Zhongguancun, China's Silicon Valley in Beijing, Jan 22, 2015. The mall announced recently that it decided to stop leasing its booths to individual businesses. [Photo/IC]

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