e-Commerce Market Size for China Peaks at 854 Million

Updated on Tuesday, May 30th, 2006 at 10:23 am

If you're new to Cheap Hosting Directory, you may want to subscribe to our RSS feed. Thanks for visiting!

Bejing, China - (Cheap Web Hosting Directory) - May 30, 2006 - China’s B2C (business to customer) E-commerce market reached RMB 854 million in the first quarter of 2006, increasing 12.79% quarter-over-quarter, which is lower than the growth rate of 19.92% for the fourth quarter of 2005.

”China B2C E-Commerce Market Quarterly Tracker Q1 2006,” released by Internet based technology business information, media and telecom industries provider, Analysys International, states that in the first quarter of 2006, B2C users in China reached 68.53 million. China’s e-commerce market is developing very well. The manufacturers are pushing up their efforts in Internet-based sales and marketing campaigns. Notably, the building of sales channel logistic systems and offline stores have taken shape.

Analysys International says major B2C e-commerce vendors such as DangDang.com and Joyo.com haven’t occupied the dominant share in Chinese marketplace. A great deal of emerging vendors decreased the market concentration.

In the first quarter of 2006, major B2C vendors focused on improving market share by taking the low price strategy. The category and range of products are also expanding from the incipient books and audio and video products to other fields. High-end products including digital products and jewelry are gaining their popularity in the B2C market.

Analysys International is the leading Internet based provider of business information about technology, media and telecom (TMT) industries in China with the mission to help their clients make better business decisions. They provide data, information and advice to 50,000 clients worldwide, representing 1,500 distinct organizations; they also deliver over 150 consulting engagements a year, and hold more than 20 events that draw in over 8,000 attendees. Their clients include executives from companies like technology vendors, vertical information technology users, as well as professionals from professional service companies, the investment community and government agencies.

To learn more about Analysys International’s research report, ”China B2C E-Commerce Market Quarterly Tracker Q1 2006,” please visit: http://english.analysys.com.cn.

Related posts brought to you by Yet Another Related Posts Plugin.

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • Furl
  • LinkedIn
  • Live
  • Slashdot
  • Technorati
  • YahooMyWeb

Leave a Reply