Female shoppers contributed around 70% of total cross-border transactions on Tencent’s WeChat Pay in Hong Kong and Macau, and spent it mostly on cosmetics and beauty products, according to a new report published on July 12.
The payment service integrated into Chinese tech giant Tencent’s do-everything social media app WeChat saw the number of transactions in Hong Kong and Macau grown seven-fold in the first half of 2018, compared with the same period last year.
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