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Alipay: Spending by Inbound Tourists Up ~40% YoY in 1st 5 Days of National Day Holiday
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According to what the Shanghai Securities News learned from Ant Group, the spending amount by global inbound tourists using Alipay increased by nearly 40% YoY during the first five days of this year's National Day holiday (October 1-5). Specifically, spending by foreign tourists using "Alipay Tap!" surged fivefold YoY. The number of tax refund transactions via "Alipay Tap!" in Shenzhen also leaped by 70% compared to the same period in September. AAStocks Financial News |
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