South Korea is the third largest online retail market in Asia-Pacific, and one of the most advanced in its region and worldwide. This country had the highest online shopper penetration rate among Internet users last year, ranking alongside China. As a result, the online share of total retail sales in…
E-Commerce growth rates have a tendency to slow down in advanced markets. The E-Commerce market is relatively young and rapidly growing in most countries worldwide. However, in a number of advanced markets, E-Commerce growth rates have already slowed down. One such country is Japan, the second-largest B2C E-Commerce market in…
Asia-Pacific remains the largest online retail market in the world in terms of B2C E-Commerce sales. This region accounts for more than a half of global online sales of products and digital content. The regional leaders of E-Commerce sales are China, Japan, South Korea, Australia and India. M-Commerce is playing…
Although India ranks behind Asia-Pacific’s largest online retail markets in terms of sales as of 2018, it is projected to maintain the highest double-digit growth rate through 2022. The portion of Internet users making online purchases is projected to increase to more than 50% by 2026. Thanks to the rapid…
China remains the world’s leader in online retail sales. Chinese C2C and B2C E-Commerce accounts for nearly 50% of global online retail, with the USA in a distant second place. Moreover, with growing consumption and urbanization, online retail sales in China are projected to continue to grow at double-digit rates through…
Chinese C2C and B2C E-Commerce accounts for nearly 50% of global online retail, with the USA in a distant second place. Moreover, with growing consumption and urbanization, online retail sales in China are projected to continue to grow at double-digit rates through 2021, allowing the country to capture an even larger share of global E-Commerce. These impressive…
China and India are the two major economies of the Asian region and the most populous countries in the world. China is the world’s largest online retail market, ahead of the USA, Western Europe and also India. Although China’s Internet Penetration rate is below the advanced economies, its huge total…
E-Commerce in Southeast Asia is growing fast, driven by the increasing adoption of Internet and smartphone technologies. Travel and tourism was the largest digital spending category in 2017, followed by product purchases via B2C E-Commerce, as well as media and entertainment. Nearly one-half of online buyers in SEA purchase travel…