China's E-Commerce Market is Big... Real BIG!

The sheer size and stunning growth of the Chinese e-commerce market has undeniable appeal. E-retail sales in China soared to $306 billion last year, up 42% from 2012, according to iResearch Consulting Group. That's easily more than double the growth rate of e-commerce in the U.S. where online retailing grew 16.9% % to $263 billion, based on Commerce Department reporting. And since most U.S. e-retailers already source merchandise from China, their opportunity for selling those same products online to China's bourgeoning middle-class is obvious. Indeed, the 2014 China 500 reveals that 29 American e-retailers are already in the ranks of the 500 largest web merchants operating in China. Collectively, these American e-retailers grew their web sales in China by 37% last year to $5.6 billion, nearly double the growth rate they achieved in their home market.

 

   
CHINA 500 FACTS
80.2%

How fast the top 10 Chinese online retailers grew sales in 2013

83%

JD.com’s 2013 e-commerce sales growth rate

298 mil

The number of online shoppers in China

7.8%

The e-commerce percentage of all Chinese retail sales

Key Features

  • Sales Figures2013 sales of the 500 largest China e-retailers

  • Thorough AnalysisEach retailer’s key financial, operations, web site services and other metrics

  • Industry Contacts763 e-commerce executive names

  • Social MediaTop 50 by followers of Sina Weibo, China’s top social network

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