Online retail is booming in China

Alibaba demonstrates the benefits of breadth. ON AN AVERAGE morning a young urban professional anywhere in the world might wake up, check her social-media feed and order a cab on her mobile. While sitting in traffic, she might use her phone to purchase groceries and watch a video, and later to pay the driver and buy a coffee. Once at work, she might make an online payment … http://econ.st/2AgsFaN

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