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Ecommerce

U.S. holiday retail sales rise 3%: Mastercard report [Video]

Powered by a pandemic-driven shift toward online shopping, U.S. retail sales rose 3% during this year’s expanded holiday shopping season, a report by Mastercard said on Saturday. Subscribe: http://smarturl.it/reuterssubscribeReuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled.Get the latest news on: http://reuters.com/Follow Reuters on Facebook: https://www.facebook.com/ReutersFollow Reuters on Twitter: https://twitter.com/ReutersFollow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Categories
Ecommerce

Chinas postpandemic economic recovery shines light on a growing rich-poor divide [Video]

Reports of rising retail sales suggest Chinese consumers have shaken off coronavirus worry, but the recovery is by no means complete, and spending that has grabbed headlines masks a deeper malaise