Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

In China, a brand-new Porsche was accidentally offered at a discount price

In China, a brand-new Porsche was accidentally offered at a discount price

Chinese vehicle buyers discovered that an online advertisement for a high-end sports car was simply too good to be true.

In the city of Yinchuan, a Porsche dealership listed the brand-new car at 124,000 yuan ($18,300, £15,000). That is well short of what it ought to have been. The Panamera has a $148,000 base price. Numerous potential customers flocked to the sale in order to take advantage of what seemed to be a great deal.

According to a spokesperson for the German automaker, the campaign "included a severe error in the advertised selling price," and it was quickly corrected. Customers who paid the 911 Yuan reservation charge had their money returned, according to Porsche, because the wrong information had been issued on January 30.

More than 20 years ago, Porsche began selling automobiles in China's mainland. The business opened new dealerships in recent years, increasing its presence in the second-largest economy in the world. Sales in the nation reached $6.2 billion in the first half of last year, making it the largest single market for Porsche internationally.


Pine Labs Reaffirms its Commitment to Indian Payments Space with Qfix Acquisition

HDFC Bank is Qfix's main distribution partner Pine Labs has announced that it has acquired Qfix, a Mumbai-based online payments startup. This acquisi...

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...