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Double 11 Day : big buzz for Tmall in China

Double 11 Day : big buzz for Tmall in China

Every year, on 11 November, China celebrates the “Double 11 Day”, a day for single people. Invented by some students in Nanjing in the 1990’s, this day of celebration has quickly become a “commercial celebration”, during which millions of companies and brands grant discounts and slash prices – especially on sales websites – to encourage consumption. Double 11…

A new e-commerce platform arrives in the Shanghai Free Trade Zone

A new e-commerce platform arrives in the Shanghai Free Trade Zone

KuanJinTong arrives to provide tax-free imported goods In Shanghai, an e-commerce platform is starting to make a name for itself. It is called Kuajingtong. Part of the Orient Electronic Payment Co, state approved-company, the idea is as follows: Based in the Shanghai Free Trade Zone it is very similar to Alibaba in spirit but for…