China’s pet economy is estimated to be around RMB170 billion (US$25 billion) in 2018. With an expected 10-year compound annual growth rate of 32.8% and low penetration among the Chinese populace, strong market growth is expected and entrepreneurs are taking actions. A WeChat miniprogram called Chongkaxiu is among the latest crop of start-ups in China […]
A Start-Up Explores Opportunities In Monetizing China’s "Pet Economy" Via WeChat appeared first on China Money Network.