Chinese New Year spending frenzy has just got bigger

The happiest-time-of-the-year among Chinese communities offer lucrative opportunities to those with the know-how and know-who. In the first five days of Chinese New Year (CNY) 2018, Chinese movie box office receipts totaled RMB4.6 billion, a rise of almost 60% from a year earlier.
On the CNY eve, more than 300,000 Chinese families ordered reunion dinner delivery through Alipay and Koubei, a restaurant review and local services platform under Alipay. On the other hand, Alibaba said the sales of i