Asian Internet shoppers turning cautious

e shoppers asian 2

SINGAPORE: Asian Internet shoppers are turning cautious, according to a survey by credit card company Visa, with half of respondents saying they plan to keep their year-end shopping budgets at the same level as in 2010.

“Shoppers are more cautious this year with their spending. Even if they said they were spending more, they were doing so mainly to keep up with the rising cost of products,” Paul Jung, Visa’s head of e-commerce for Asia Pacific, Central Europe, Middle East and Africa, said in a statement.