FT Big Read

China e-commerce: Renminbi to burn

04.15.2016 - By Financial TimesPlay

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China’s online services sector is red-hot as customers turn to their smartphones to order services such as taxis, massages and food deliveries. But with an estimated Rmb50BN being spent a year on subsidies as competitors race to win market share, some see parallels with Silicon Valley in 1999 Hosted on Acast. See acast.com/privacy for more information.

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