Today: May 25, 2016, 1:32 am
  
Finance

China internet retailing market: Over 29% CAGR growth forecast between 2012-17

companiesandmarkets.com
companiesandmarkets.com
Internet Retailing in China - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-11 04:25:03
Taobao.com continued to lead the China internet retailing market in 2012, consolidating its leadership with a value share of 51%, up by over seven percentage points over 2011, the highest share gain among all companies. As the largest B2C platform in value terms in China, Taobao.com has a degree of control over pricing, helping it to achieve substantial growth in value sales, particularly during the November 11th Shopping Spree Festival, which has been held annually since 2009. To boost its relatively weak logistics, taobao.com started to cooperate with local logistics companies to set up warehouses in seven cities in China, to ease logistics pressure, especially during the Shopping Spree Festival period.

Internet retailing continued its booming trend in 2012, with current value growth of 84% over 2011. The price war initiated by leading players such as taobao.com and 360buy.com has added dynamism to the market. Chinese consumers have increasingly accepted on-line shopping, thanks to its competitive prices, the convenient shopping process and the wide range of products available on-line.

Convenience, wide product availability and competitive prices will continue to be the major driving force for internet retailing in China over the forecast period, which is expected to register a dynamic value CAGR of over 29% between 2012 and 2017. With the quickening pace of life, consumers will have increasing demand for convenience. 24-hour operation and home delivery offered by internet retailing are therefore appealing. In inland cities or underdeveloped regions, internet retailing can bridge a gap, as consumers can easily purchase products not yet available in the local retailing market via a few clicks.

Click for report details: www.companiesandmarkets.com/Market/Retail/Market-Research/Intern ..

Browse all Retail Market Research Reports www.companiesandmarkets.com/Market/Retail/Market-Research?aCode= ..

Browse all Retail Company Profile Reports www.companiesandmarkets.com/Market/Retail/Company-Profile?aCode= ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 460 Words
Related Articles
 
More From Finance
New Frontier Portfolios Top Morningstar Rankings
Boston, April 14, 2016—New Frontier’s global strategic portfolios topped the Global Balanced Strategic category of the latest [..]
Finding an Excellent Tax Lawyer with the [..]
Sound Advice about Finding an Excellent Attorney When an individual requires legal representation, whether for an IRS tax debt [..]
First Gothenburg Bancshares to acquire Nebanco, Inc.
Denver, CO: March 24, 2016 – First Gothenburg Bancshares, Inc., the holding company for First State Bank, Gothenburg, Nebraska [..]
With Bad Credit It Is Still Possible [..]
What to Expect When Seeking a Bad Credit Home Loan Refinance Okay, so not everyone has great – or even [..]
Credit-Yogi Professionals Describe How to Get Out [..]
Who doesn’t want to save money while getting rid of debt? Most folks would jump at the chance to do [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.