About two weeks ago on Sep 6 2010, Benz put up its 200 “smart” cars on Taobao‘s Groupon-like website offering 23% discount. Mediaedge:cia was the agency behind this campaign and the plan was to sell 200 “smart” cars on Taobao in three weeks’ time. Surprisingly, all cars were sold out in three and half hours. [...]
The number of credit cards issued by Chinese banks could quadruple to 800 million or more by 2020, up from 200 million today.