Cross Border Online Shopping Booms in Wake of Coronavirus
The Coronavirus effects on eCommerce
Rebatesme
02/07/20 (PDT)
Cross Border Online Shopping Booms in Wake of Coronavirus Devastation
PORTLAND, OR, February 07, 2020 – The Coronavirus has drastically slowed many aspects of the Chinese economy. Yet online sales have seen a dramatic spike in its wake.
As of today, over 40,000 people have been infected. An entire province has been locked down, and travel warnings have been issued.
As a result, the government of China extended the Chinese New Year holiday and restricted workers from returning to their offices. Some Mainland Chinese office workers like those at RebatesMe.com, a US cashback site popular with many Chinese cross border shoppers, have been working remotely at home.
As more people are spending time at home, online shopping has spiked.
Daniel Dai founder of RebatesMe explains, “We’ve seen online sales from China more than double recently for US brands. This is highly unusual. The Lunar New Year is a time where online shopping decreases due to people traveling and spending time with their extended family. But because of the virus, a lot of people are spending the holiday at home and online.”
The disruption of normal celebrations has seen people turning to online resources to fill their needs. Online shopping, streaming services, and online educational services are all areas where increases have been observed.
However, the long-term ramifications on e-commerce are unknown. As governments, businesses, and health organizations fight to determine the spread and scope of the virus, its impact on both brick-and-mortar and online retailers worldwide remains unknown.
About: RebatesMe.com
Since 2013, RebatesMe has been offering people around the world cashback, deals, and discounts when they shop online. With offices in the US and China, RebatesMe is a leading cashback site for US and Chinese consumers. RebatesMe partners with over 3,000 stores across the globe in order to connect people with great deals. For more information visit www.rebatesme.com
Contact:
Evan Manwell
Public Relations Manager
5319 SW Westgate Dr., Ste 244
Portland, OR 97221
pr@rebatesme.com
