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Online Shopping China Industry Report, 2009

Executive Summary

In 2009, the online shopping market in China has developed rapidly to date, and the proportion of online shopping transactions to total retail sales of social consumer goods increased to 1.6% and 1.9% respectively in 2009 Q1 and Q2, from 1.3% in 2008. In addition to the growing consumer preference to online shopping, the financial crisis is also in favor of development online shopping. A growing number of Chinese Internet users are accustomed to shopping online, because of their apparent value and convenience. Currently, about one of every four Internet users in China, shopping online, select, while two of every three Internet users in countries with high Internet penetration, such as European countries, the United States and South Korea. Therefore, the market potential of China's online shopping has not been released yet. (Http: / / www.bharatbook.com/detail.asp?id=128076&rt=China-Online-Shopping-Industry-Report-2009 . html)

According to data from authoritative organizations, such as CNNIC, the report elaborates the development and the factors that influence the online shopping industry of China, analyzes market size, design, regional distribution, and the market share of web sites online shopping. Furthermore, the analysis will focus on of the 19 websites, at the point of market share, acquired venture capital, logistics, performance and competitiveness as well as research into the trend of future development of the online shopping industry in China.

Taking 360.buy for example, their annual sales, respectively, reached RMB10 million dollars, RMB30 million, RMB80 million, RMB360 million and RMB1.32 billion in 2004 to have four categories 2008.360.buy major appliances, mobile phones, computer products and daily needs, more than 36,000 varieties in total. Its sales amounted to RMB840 billion in 2009Q2, representing 28.8% in China B2C e-commerce market. In June alone, its sales had broken RMB370 million.

To learn more and buy a copy of your report please visit: http://www.bharatbook.com/detail.asp?id=128076&rt=China-Online-Shopping-Industry-Report-2009.html

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Article Source: ArticlesBase.com - Rapid Development on Online Shopping Industries in China-2009

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