BEIJING - Scrolling through e-commerce app Taobao one weekend last month, marketing executive Li Nana spent close to 500 yuan (S$102) placing deposits on dozens of items, knowing she would have to pay the full amounts for them between Nov 1 -3 to enjoy massive discounts.
But the 26-year-old, like tens of thousands of others, missed the deadlines when they arrived, so she not only forfeited her deposit, but also lost out on the price drop.
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