E-retail Become More Popularly In China

Date: 2016-01-12

China has a population of 1.4 billion, is the world’s largest country in population. In China, more and more people have developed a lifestyle of buying almost everything online, especially youth people. Today, China is the world’s largest online retail market, the online retail market is 609 billion dollars in 2015, increased 42% from 429 billion dollars in 2014 and 679% from 78 billion dollars in 2010, the CAGR of online retail of China between 2010 and 2015 is 50.7%.
Figure 2015 China Online Retail Market Size (Billion Dollars) and Growth Rate
Tian Mao, is the largest online retailer in China with the market share about 60% and Followed by Jingdong.

Figure 2015 China Key Company Online Retail Market Share

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