Research and Markets: CHINA'S E-COMMERCE LANDSCAPE: China's E-Commerce Transaction Volume Will Reach US$1.3 Trillion by the End Of 2012 February 04, … The landscape of online payment methods in China has changed dramatically since we updated the article last time. Top Chinese E-Commerce Stocks to Buy in 2019 Combine a fast-growing sector with the world's most populous country and you get a ton of potential growth. China has overtaken the US as the largest e-commerce market in the world and still has plenty of room to grow. China’s cross- border e-commerce is largely based on exports, judging from its composition over the years. In 2015, the cross-border e-commerce market accounted for US$300bn in Gross Merchandise Volume (GMV), about 15% of e-commerce overall. China is home to dynamic digital innovators and is a leading global investor in the latest technologies. The Double 11 event on 11 November 2017 – also known as Singles’ Day, when single people in China celebrate, and which has become a popular shopping holiday – was a clear example of how China’s consumption-led economy is evolving digitally. The Chinese consumer market goes global New ideas and innovations created in China are now having a more significant impact around the world, from the growth of new sales events like Singles Day to new brands and concepts. Global FMCG retail is pegged at $4 trillion today, growing at a rate of just 4%, with signs of continuing sluggish performance in developed markets. Business to consumer (B2C) trading which involves […] China’s e-commerce exports have the following features: developed and emerging BRIC economies are major destinations; 3C electronic Why foreigners dominate PH e-commerce market activity Local players only led in social media activity, accounting for 75% of e-commerce from Facebook, Instagram, Twitter Philippine Daily … The overall trend is that online sales in Europe are mainly generated by companies selling consumer electronics, fashion, homeware, personal care products and footwear. China’s retail market is expected to decline for the first time on record. 1. ASIAN DEVELOPMENT BANK 6 ADB Avenue, Mandaluyong City 1550 Metro Manila, Philippines www.adb.org Embracing the E-commerce Revolution in Asia and the Pacific Asia is the world’s largest e-commerce marketplace and continues to grow rapidly. Cross-border e-commerce in China will hit $85.76 billion this year, up from $57.13 billion in 2015, as 40 percent of China’s online consumers buy foreign goods, according to a new analysis by digital marketing researcher eMarketer.. EMarketer estimates that each of China’s digital shoppers this year will spend an average of $473.26 on foreign goods, up from $446.33 last year. This year, China’s Singles’ day set a new record with US$30.8 and 27% growth when compared to last year. eCommerce market for international brands. Over the past 10 years, e-commerce in China has evolved from covering a few physical product categories, such as books and electronics, to now accounting for a significant percentage of total commerce in the country (close to 7 percent). Despite a slowdown in overall economic growth, Chinese e-commerce … The Japanese e-commerce market is broken into 3 categories: 51.7% retail, 37.0% services, and 11.3% digital content. China’s e-commerce market continues to see high double-digit growth year on year. Brands and retailers need to continuously innovate to keep pace with the growing list of … The figures are ... IRP Commerce Limited, Concourse 3, Catalyst, BT3 9DT, UK. The larger population of Saudi Arabia and the oil industry's early adoption of online B2B sales systems means it dominates the Middle East e-Commerce landscape. The global retail e-commerce market size was valued at USD 4.25 trillion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 9.4% from 2020 to 2027. ... pie chart shows the percentage contribution made by individual traffic channels to overall sales. Based on estimated 2015 data (Figure 2), we have forecasted the scale change of pharmaceutical E-commerce. In 2019, Alibaba's Tmall, JD.com, and Pinduoduo ranked as the leading three Chinese e-commerce retailers, accounting for nearly 80 percent of the total online retail sales in the country. The main aspect of ecommerce involves doing business on the web and includes: Business to business (B2B) trading which involves a business such as a company trading with another business on the world wide web. As you likely already know, China’s e-commerce sector is the biggest in the world right now. E-commerce portals are extensively used in developed countries such as the U.S., the U.K., and Germany for purchasing consumer durable goods and are poised to emerge as a steady revenue generating source for athletic footwear manufacturers over the … The level of integration with the world in a range of consumer categories is already high, with scope for even more. Yet, luxury e-commerce penetration in China is just 10%. Global B2C E-commerce Industry September 2020 $ 5450 Global E-commerce Payment Industry July 2020 $ 4950 E-commerce Plastic Packaging Market - Growth, Trends, Forecasts (2020 - 2025) August 2020 $ 4250 The Environmental Impact of E-Commerce 2020 January 2020 $ 2150 This share of e-commerce was larger than any other country in the world. The Middle Kingdom’s near 1.4 billion population, its traditional and innovative products together with the government’s censorship have created a prospering economy – online and offline. We forecast that retail sales in China will shrink by 4.0% this year. Digital China is already more advanced than many observers appreciate. Overview of the e-commerce landscape in China The Chinese marketplace is competitive, with international and local brands fighting for the attention of consumers and their share of the market. In 2017, e-commerce amounted to 6.3 trillion yuan, accounting for more than 78% of total transactions. Ecommerce Benchmarks and Market Data - Ecommerce Conversion Rate, Sales, Channels, Costs for online Markets. With the diversification and increased sophistication of the small business, the marketplace is expanding in the area of e­commerce. Yet, since decontrol of prescribed drug sales will be gradual, the anticipated growth of the pharmaceutical E-commerce market will be steady as compared to the explosive growth seen in the traditional E-commerce industry. The market is driven largely by millennials who love fast fashion and want to find the best price possible. China announced a mere 6.7 percent economic growth in July 2018, the lowest growth rate since 2016. A few weeks back China’s 1.3 billion population celebrated Chinese New Year and the start of the Year of the Dog. Cross-border e-commerce forecast to account for 22% of global e-commerce by 2020. CHINA’S E-COMMERCE PLAYERS AND RETAILERS ARE TAPPING INTO THE BURGEONING INTERNET FINANCE SECTOR AUGUST 2015 ... the landscape of the financial sector in China has changed abruptly. The e-commerce landscape in Japan. E-commerce accounted for over 23.0% of the China market in 2017. E-commerce markets are growing at noticeable rates. To reduce the “pain” level of online shoppers, major e-commerce players in China seek total logistics solutions 19 Source: iResearch, company websites, compiled by Fung Business Intelligence As E-commerce is a key part of the current retail landscape, we believe it deserves a prominent role in our database on European retail. Mobile and internet market avenues has allowed B2B, B2C, e­financial services, e­-tailing and online marketplaces a venue for anyone to sell or market … Regional e-commerce sales share of global e-commerce. 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