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This compares to 10.5% for the UK. On average across China the share is lower at 3%, but internet penetration is growing rapidly so this number is expected to increase. [3] [4] A recent study shows that in China, online shopping benefits rural residents statistically by enhancing their living standards. [5]
Download QR code; Print/export Download as PDF; ... Pages in category "Online retailers of China" The following 21 pages are in this category, out of 21 total.
AliExpress (Chinese: 全球速卖通) is an online retail service based in China and owned by the Alibaba Group. [1] Launched in 2010, [ 2 ] [ 3 ] it is made up of small businesses in China and other locations, such as Singapore, that offer products to international online buyers.
[citation needed] The site accounts for a 47.6% share of the B2C online retail market in China, followed by 16.2% of 360buy and 4.8% of Amazon.cn. [15] According to Alexa, as of June 2021, Tmall.com was the 3rd most visited website in the world and the 1st most visited website in China. [16]
In 2003, eBay acquired Eachnet, China's online auction leader at the time, [7]: 51 for US$180 million. It became a major contender in the Chinese consumer e-commerce market. [8] Responding to eBay's moves Alibaba launched Taobao as a rival consumer-to-consumer platform. [7]: 51 To counter eBay's expansion, Taobao offered free listings to sellers.
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[1]: 75 In 2008 alone, online retail sales in China increased by a factor of 26. [1]: 75 Since 2013, China is the world's largest e-commerce market. [2]: 99 Its domestic e-commerce market was an estimated US$899 billion in 2016. [3] China accounted for 42.4% of worldwide retail e-commerce in that year, the most of any country.
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