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China E-commerce

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Global e-commerce on china e-commerce.

What is needed is in terms of percentage figures in growth leading up to 2008 such as:
growth from 2007 to 2008 or first quarter to second in 2008 etc.

Only credible data showing some type of ecommerce increase.

Please submit resources

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Solution Summary

China E-commerce: percentage growth from 2007 to 2008 is examined.

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China E commerce:

According to the annual China Internet Research Center (iResearch) report, last year 55 million Chinese internet users shopped online for a total of $8.25 billion (including consumer-to-consumer and business-to-consumer transaction volume, excluding online travel bookings). This represents an increase of $4.3 billion over 2006, and the report projected that online spending will reach $58.5 billion in 2011.

In the first quarter of 2008, China's online shopping transactions amounted to $3.46 billion, which means a 151.8 percent year-over-year increase. The number of online shoppers is expected to hit 75 million at the end of the year.

Source: http://venturebeat.com/2008/07/13/china-web-use-accelerates-e-business-still-lagging/

The popularity of online shopping in China, according to AFP, continues to grow as more and more Chinese are using the internet as a source for ordering goods and services. ...

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Sandeep Bardia, MBA
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  • MBA, Rochester Institute of Technology
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