Alibaba Ecommerce Fintech

Alibaba’s 2019 Spring Festival Fiscal Report shows consumption growth

February 11, 2019 4:59 pm

Alibaba released the 2019 Spring Festival Economic Report Monday, showing that retail and catering consumption saw a big growth during Spring Festival holiday. In addition, international travel rose 28 percent from the same time 2018 period and entertainment consumption demonstrate upgrades in China. For example, the movie Wandering Earth tops Chinese box office as Spring Festival holiday ends.

Source: Sina Finance