Chinese consumers buy products or services online expecting bonus gifts, great packaging, and Rely on our Market Intelligence platform to get the latest trends on the E-Commerce Industry and anticipate the future of the sector. It had a year-on-year growth rate of 31%. Statistics show that the domestic e-commerce retail scale has increased from 1.4 trillion yuan in 2013 to 5.5 trillion yuan in 2017. 2018 E-Stats Report: Measuring the Electronic Economy The U.S. Census Bureau released a report that summarizes 2018 e-commerce statistics on shipments, sales and revenues from key sectors of the economy. View Trends, Analysis and Statistics. 19 E-Commerce Statistics You Can Use to Inform Your Marketing Strategy [2020] Conversion Rate Optimization Most marketers want to stay ahead of the curve when it comes to knowing what consumers want. China e-commerce accounts for over 25% of its consumer retail sales in the first half of 2020.E-commerce is very advanced in China. KEY STAT: For the first time in over a century, the US will cede its position as the largest retail market in the world, as Chinaâs retail market reaches ⦠How China is revolutionising e-commerce with an injection of entertainment April 2, 2020 12.43pm EDT Jialu Shan , Michael Wade , International Institute for Management Development (IMD) Activate Consulting That growth will continue. Source Statista; Retail e-commerce sales in China from 2016 to 2022 (in million U.S. dollars), projected an incremental rise in sales figures over this 6-year period. E-commerce has been growth fuelled by extortionate rentals on physical retail space, convenience compared to shopping in polluted, congested, vast ⦠Forecast shows that the scale of e-commerce retail will We expect Canadaâs retail sector to shrink by 6.2% in 2020, more than double the drop in 2009 during the global financial crisis. China is aggressively promoting cross-border e-commerce (CBEC) based out of the country by expanding incentive hubs and extending preferential schemes. E-Commerce in Asia Pacific â Statistics and Trends [Infographic] March 15, 2017 Did you know the eCommerce Market in Asia Pacific is estimated To Reach US$1.4 Trillion In 2020. ã調æ»ã¬ãã¼ããä¸å½ã®B2C Eã³ãã¼ã¹å¸å ´2020-2024 | çºè¡æ¥ï¼2020å¹´12æ3æ¥ | ååã³ã¼ãï¼IRTNTR45625 | çºè¡/調æ»ä¼ç¤¾ï¼Technavio | Business-To-Consumer E-Commerce Market in China 2020-2024 | ãã¼ã¯ã¼ã Statistics: Top 500 Websites in China by unique visitors (UV) The top 10 websites by the total number of unique visitors are baidu.com, qq.com, taobao.com, so.com, sina.com.cn, sohu.com, ifeng.com, sogou.com, tmall.com, 360.cn as of April 2019. In 2018, China's cross-border e-commerce transactions grew by 50 percent to the tune of 134.7 billion yuan (19.3 billion U.S. dollars), according to the data from the country's customs administration. Get the latest trends and understand the impact of the crisis on the market. eCommerce Statistics and Trends 2020 [Infographic] Author By Andrew Hutchinson @adhutchinson Published Nov. 23, 2020 Share it post share tweet eCommerce has seen a massive rise in 2020 - ⦠TopPage > First 20 Days of November 2020(Provisional) Latest Press Release - Trade Statistics of Japan [Press Release] First 20 Days of November 2020 ⦠Access new updated reports and statistics for the E-Commerce Industry in China. With 1.156bn USD of B2C e-commerce sales forecast for 2020, up from 862bn USD in 2019, Chinaâs e-commerce growth shows no signs of slowing up. In China, e-commerce platforms took part in a new shopping festival, anchored in Shanghai, named "Double Five" -- after the 5 May date of its launch. In terms of gross merchandise value, i.e., the total value of items sold on an online store, the largest is Chinaâs Alibaba (GMV = $768 billion). Business-To-Consumer E-Commerce Market in China 2020-2024Technavio has been monitoring the business-to-consumer e-commerce market in China and it is poised to grow by $ 3851.34 bn during 2020-2024 progressing at a China went into the pandemic with over 35% of its retail spend in e-commerce, butâas I wrote previouslyâby the end of the year, it will likely be 50%. Last year, Strategy Analytics reported that the growth of smartphone sales stopped for the first time recording a 5% decline in smartphone shipments during 2018. China Retail & E-commerce Quarterly (March 2020) 3 New opportunities for online shopping and digital marketing Total online retail sales of goods and services plummeted 3.0% yoy in January â February period to 1,371.2 billion Ecommerce activity has picked up significantly and is. Reliable statistical information â statistics and indicators used in the analysis of international trade, investment and development â is indispensable for the formulation of sound economic policies and recommendations. And in terms of the overall future of e-commerce, Wang said Alibaba believes that new retail will be experience-focused, such as its Alibaba pop-up smart store. Source: shutterstock.com Source: shutterstock.com GlobalData says that the e-commerce market in China to grow at a compound annual growth rate (CAGR) of 13.3% from an estimated $1.5 trillion in 2019 to $2.6 trillion by 2023. ^ E-commerce Product Return Rate â Statistics and Trends ^ E-Commerce Sales in the US Made up Just 8% of Total Retail Sales in Q1 2016 ^ The Average Website Conversion Rate by Industry ^ Online shopping cart ^ ^ The 80 2) JD.com Fortune Global 500 company Jingdong (JD.com) has continued to grow within Chinaâs e-commerce market with its multiple retail acquisitions, and ⦠E-commerce growth has been huge in 2020, and will continue to grow in the future. US E-Commerce Industry 2020â2024 4819 reports Chinaâs e-commerce market in numbers: statistics and forecast. In Q2, we forecast the decline will be 15.5%. According to mobile phone sales statistics, the percentage of the global population that will have a smartphone is predicted to reach 37% by 2020. As China's existing import/export structure was created before the advent of mass cross-border e-commerce transactions, the country has been setting up new cross-border e-commerce pilot zones in 13 cities since 2015, which has led to tremendous growth, and has just approved 22 more locations across China⦠Due to the increasingly borderless state of commerce, itâs far from shocking that the United Statesâ share of global sales is decreasing General statistics of Japan, including population, consumer price indexes, etc. This report features our latest forecasts for retail sales, retail ecommerce, social commerce, mcommerce, digital buyers and the top ecommerce sites in China. China is ground zero of the e-commerce boom, which is creating a growing mountain of waste and fuelling carbon emissions worldwide. That now appears conservative. 4 May 2020 Page: 1/8 Original: English 1 E-COMMERCE, TRADE AND THE COVID-19 PANDEMIC INFORMATION NOTE 1 KEY POINTS ⢠The enforcement of social distancing, lockdowns and other measures in response to the Much of that purchasing power would go through cross-border e-commerce this year China internet penetration rate reached 67% in the first half of 2020. Using 2023 projections, a slight reordering appears, as well as one standout leader: China. As per global ecommerce statistics 2018, Amazon is ranked second (GMV = $239 According to China's Ministry of Culture and Tourism, about 150 million Chinese would travel overseas per year, spending on average $2,000. E-commerce share of total global retail sales from 2015 to 2021. eCommerce now comprise more than 13% of all retail revenue in 2019. Already the planetâs largest carbon emitter, Chinaâs online retail market is set to hit US$1.99 trillion by the end of this year and, by 2020, will eclipse the e-commerce markets ⦠Goods sold for export surged Top 5 most visited shopping websites in 2019, according to Alexa: 1) Amazon.com, 2) Netflix.com, 3) Ebay.com, 4) Amazon.co.uk, and 5) Etsy.com. (Ministry of Internal Affairs and Communications) General statistics on Japanese economy, including public and private sectors (Economic and Social From Alibabaâs New Retail to unified commerce, China e-commerce expert Michael Zakkour identifies 7 major retail trends in 2020, the effects of COVID-19 on retail and the future strategies that firms need to adopt to ensure their success. Driven by strong infrastructure and high investment into a digital economy 2020Â2024 4819 reports Access new updated reports and statistics for the e-commerce,. Domestic e-commerce retail scale has increased from 1.4 trillion yuan in 2013 to 5.5 yuan... 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