Online Shopping in China "Explodes"
Filed in archive Internet by Greg Cruey on September 30, 2008
China Tech Blog pointed out in a blog post earlier this month that online shopping in China is just exploding...
Clothes, cell phones and housewares led the way in consumer purchases.
Photo courtesy of iStockphoto, Image# 5721884
According to iResearch, the total volume of consumer transactions online in China during the first half of 2008 was 53.1 billion RMB - not far off from the 56.1 billion RMB total for all of 2007.The big winner? Taobao.com has a 77% market share - or 41.3 billion yuan so far this year.
Clothes, cell phones and housewares led the way in consumer purchases.
Photo courtesy of iStockphoto, Image# 5721884
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