Sat, February 12, 2011
Business > Industries

China group-buying market to expand to $3.6b

2011-02-12 09:40:43 GMT2011-02-12 17:40:43(Beijing Time)  Xinhua English

China's group-buying market is expected to post strong growth this year as more people look for bargains especially with rising inflation, China Electronic Commerce Research Center said Friday.

The market size is projected to almost triple to 24 billion yuan ($3.64 billion) from 8.86 billion yuan last year, it said in a statement.

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