China online shopping statistic

During the initial period of market growth, compared with C2C, B2C transaction is free from credit and payment security, therefore, it is easy to be accepted by users. The turnover of B2C was larger than C2C in 2003 and 2004. When the third party payment platform emerged and credit evaluation system was established, more flexible and free shopping mode of C2C was accepted by more users. The market size of C2C increased rapidly then. By the end of 2006, the B2C and C2C market in China were 8.2 billion RMB and 23 billion RMB.

Learn more about online banking industry in China please read iResearch China Online Shopping Market Research Report 2006.

Online Shopping Market Scale in China 2001-2010

0 comments

Add your comment

Commenting is allowed only for registered users.

Other articlesgo to homepage

	EBay Cross-border Trades(0) San Jose-based eBay, the owner of e-commerce sites and the PayPal payment service, plans to focus on exports and cross-border trades involving China instead of competing in the domestic market, Chief Executive Officer John Donahoe said Friday, reported Bloomberg.

	Alibaba Buy Auctiva(0) China’s largest e-commerce company, Alibaba.com Ltd, made its second U.S. acquisition in as many months and its chief executive said on Tuesday he was working on more deals to fuel global growth, reported Tuesday’s Reuters.

	Alibaba.com Eyeing Acquisitions(0) Chinese online business platform operator Alibaba.com Ltd. expects to announce more strategic partnerships, including acquisitions, in the next few quarters to build its new wholesale e-commerce platform, Chief Executive David Wei said Tuesday, reported Dow Jones.

	QFIIs to Trade Futures(0) China may allow qualified foreign institutional investors to use as much as 10 percent of their investment quotas to trade stock-index futures, the China Securities Journal reported, citing an unidentified person.

	Lekutian Baidu Rakuten joint venture will hold massive merchants recruitment(0) Lekutian, Baidu and Japanese Rakuten jointly created shopping site, quietly announced its schedule for the national merchants recruitment meeting: within the next month it will recruit merchants in Beijing, Guangzhou, Shenzhen, Xiamen, Hangzhou, Shanghai, which means lekutian is accelerating promotion in China.