JD.com and Alibaba create indexes to identify Chinese shoppers’ spending trends, which help retailers gain insight.
Online shopping may have been big over the holidays, but many people still fear their credit card numbers could be stolen from a Web site. In the wake of hundreds of thousands of card numbers being stolen from online retailer CD Universe, New York-based Cyber Dialogue has released a study saying that 60% of online adults feel that there credit card number may be stolen if used online. Even some 40% of adults who have ordered online think the card numbers may be stolen. Online shopping has increased over the past three years, but 25% of online adults still do not shop online because of security fears. The study also says that sites that guarantee security are more likely to get return business.