• Middle-aged Chinese tourists lead use of mobile payments abroad during Lunar New Year holiday

    6 days ago - By Travel and Tourworld

    Most of the middle-aged Chinese travellers were the biggest spenders abroad during the recent Lunar New Year holiday, as these older tourists led the use of mobile payments to go shopping overseas.
    That finding, drawn from the more than 40 markets where Alipay is accepted, covered two groups who used the popular mobile payments platform: those born in the period 1960 to 1969 and 1970 to 1979.
    They were “the main driving force in outbound tourism and overseas consumption”, according to the report from Alipay, a unit of Ant Financial Services. Hangzhou-based Ant Financial is an affiliate of...
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  • Macau casino shares go up during China Lunar New Year holiday

    Macau casino shares go up during China Lunar New Year holiday

    6 days ago - By Travel and Tour World

    Macau casino shares soared after China's Lunar New Year holiday witnessed tourism growth double to the world's biggest gaming hub.
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