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Monday, April 29, 2024

Shanghai splurges on online payments during May Day holiday

Shanghai ranked among top three in online payment collection during the May Day holiday, as spending on deliveries, travel destinations and leisure activities increased with consumer sentiment improved.

Spending on digital platforms increased significantly across all categories, with transportation, entertainment, and catering services leading the way, according to the most recent data from the payment platforms.

Beijing, Shanghai and Shenzhen were the top three cities to use WeChat to make payments.

Alibaba’s food and grocery delivery site Ele.me received an average of 70 percent more delivery orders in Shanghai from travelers between 10pm and 12pm every day during the holiday.

Travelers to Hangzhou, Beijing and Suzhou spent the most on popular local foods such as steamed buns and scallion pancakes.

Ti Gong

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