Transactions surge during China's mid-year online shopping spree

0 Comment(s)Print E-mail Xinhua, June 21, 2020
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Total transactions and their monetary value rose sharply during the just-concluded online shopping spree, according to Chinese online payment clearing house NetsUnion Clearing Corporation (NUCC).

A total of 26.18 billion transactions worth 16.91 trillion yuan (about 2.38 trillion U.S. dollars) were carried out during the so-called "618" online shopping festival from June 1 to June 18, up 52 percent and 42 percent, respectively, from last year.

The number of transactions on June 1 hit 1.6 billion, a single-day record, said the NUCC.

According to the clearing-house, the COVID-19 epidemic has reinforced people's habit of shopping online. 

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