Hamburg, Germany, November 27, 2016 --(PR.com
)-- A growth rate of 20% or higher for online retail in China is forecast by the various sources. This growth, according to the yStats.com report, will increase China’s share of global E-Commerce and the online share of total retail sales in the country. China’s already large online retailers and marketplaces such as Alibaba and JD.com will benefit from this continued growth.
The C2C share of total online retail in China had outperformed B2C in past years, but that situation has changed, as several original sources cited in the yStats.com report indicate that B2C sales are now above half of all online retail sales. One factor contributing to the rapid growth is the increased use of mobile devices for online shopping.
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Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
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