Macao’s first-ever citywide Consumption Carnival has generated MOP 880 million in spending with more than 23,000 businesses participating since its launch in October.
The Economic and Technological Development Bureau announced that by last Wednesday, a total of MOP 51.45 million in e-coupons had been distributed, of which MOP 45.48 million worth of e-coupons had already been spent.
The bureau said that those who have real-name authentication of their electronic wallet and spent at least MOP 68 in a single amount after deducting e-consumption vouchers, living allowances or discounts, in local offline shops, can take part in a lucky draw for e-coupons, which will be automatically applied to their next payment within 15 days.
Participants will also be automatically entered into a final lucky draw at the end of the event, with a wide range of prizes worth up to MOP 1 million in cash, food and staycations.
The consumption promotion scheme, which will last four months and is co-organised by the bureau and the Macao Chamber of Commerce, aims to attract consumers to spend in the local market, so as to increase business turnover, maintain consumption momentum and expand domestic demand, thereby strengthening retailers’ confidence in boosting their business, The Macau Post Daily reported.