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Siam Piwat Reports Doubled Golden Week Sales Through Chinese Partnerships

Prachachat Business One source

Siam Piwat Group announced a 100% increase in sales during the recent Golden Week, attributed to strategic collaborations with Chinese digital payment and service platforms.

According to a report by Prachachat Business, the Siam Piwat Group has successfully leveraged its strategic partnerships with major Chinese platforms—Alipay+, WeChat Pay, and UnionPay—to achieve a two-fold increase in sales during the recent Golden Week holiday period. This growth highlights the effectiveness of integrating digital payment ecosystems to cater to the preferences of Chinese travelers visiting Thailand. Building on this momentum, the company is now expanding its 'Global Ecosystem' strategy. Siam Piwat has announced new collaborations with technology and media giants Huawei and iQIYI. These partnerships aim to create a more comprehensive, integrated travel experience designed specifically to attract high-quality Chinese tourists. For travelers and residents, this development signals a continued trend toward seamless, tech-driven retail and tourism experiences in major shopping destinations managed by the group. While the reported sales figures reflect a significant boost in commercial activity, the long-term impact of the new Huawei and iQIYI integrations on the overall tourist experience remains to be seen. Further details regarding specific service rollouts or exclusive benefits for visitors under these new partnerships have yet to be fully disclosed.