Remove 2006 Remove Accounting Remove Consumer Remove Payment Services
article thumbnail

From fast food to autos, India’s digitally connected users lure investors

Inside Retail

China saw a jump in consumption from 2006 when, as per World Bank data, its per capita gross domestic product (GDP) crossed $2,000. It has nearly 700 million smartphone users, who, rating agency ICRA estimates, consume an average of almost 17 GB in mobile data per month, higher than the 13 GB in China and the 15 GB in North America.

article thumbnail

Alone and thriving: Inside China’s singles economy

Inside Retail

There is not only the cost of the ceremony, but also grooms and their families are often expected to shoulder more of the costs and furnish new brides with items such as large cash payments, jewellery, property or cars. Consumers need to wait only about 10 to 15 minutes to start eating. Bear Electric Appliance Co., Furry friends.