Remove 2006 Remove Accounting Remove Marketing 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. Bain & Co estimates that India’s online shopping market hit $50 billion in 2022, with an online shopper base of 180-190 million – the third largest in the world after China and the US.

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. Pet ownership is also popular in China and singles account for a big chunk of this trend. Furry friends.