Economy

China group-buying market to expand to $3.6b

(Xinhua)
Updated: 2011-02-12 14:22

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.

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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.