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China Facts: China continues to grow within e-commerce

Over half of all retail e-commerce in 2018 will be done in China. China is a pace-setter in mobile shopping: over three-quarters of e-commerce will be conducted on mobile devices. Alibaba projects its revenue will grow by an incredible 45-49% in 2018, despite facing stiff competition from Tencent. Asia alone will generate over two-fifths of total retail sales*). 

 

 

 

*) the Economist - the World in 2018

 

 

 

 

 

 

 

 

 

 

 

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Hans Henrik Pontoppidan
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