Tag Archives: China

Research and Markets: B2C E-Commerce in Asia is an Emerging Market

(http://www.researchandmarkets.com/research/221e64/asia_b2c_ecommerc) has announced the addition of the “Asia B2C E-Commerce Report 2011” report to their offering.

The Asia B2C E-Commerce Report 2011 by Hamburg-based market research firm yStats.com provides a detailed overview of B2C E-Commerce in Asia. In addition to the major players dominating this market, the report also presents figures relating to internet users and online shoppers. The report covers the most important markets in Japan, South Korea, China and India along with eleven further Asian countries.

Overall, Asia shows a very heterogeneous development in terms of internet and B2C E-Commerce. In Japan and South Korea, internet use is widely available, which spurs increased B2C E-Commerce revenue. In China, internet penetration is rather low, resulting in much growth potential for E-Commerce. The range of popular product categories varies widely, ranging from books to consumer electronics.

E-Commerce in Japan shows signs of recovery after the earthquake
In 2010, the number of internet users reached approximately 100 million in Japan, which corresponds to 80 % of the population. Following the earthquake in Japan, the major Japanese B2C E-Commerce players experienced a decline in revenue. However, now consumers are again buying more online. According to the Asia B2C E-Commerce Report 2011 by yStats.com, in 2010 Books was the most popular B2C E-Commerce category, followed by Fashion, Music and Travel. Based on unique visitor numbers, Rakuten was the most successful Japanese B2C E-Commerce player in September 2011, followed by Amazon and Nissen.

Research and Markets: B2C E-Commerce In Asia Is An Emerging Market. (2012, January 6). Retrieved from http://www.sunherald.com/2012/01/06/3669212/research-and-markets-b2c-e-commerce.html.

China’s E-Commerce Market Present Three Big Trends

December 13, 2011 -By Phoenix

IDC analysts HuangLin think, throughout the e-commerce market in China, there are three interesting trend:

The first is the trend of the vertical in one of the most B2C platform into similar large supermarkets across the category of comprehensive retail platform, also is often say transverse diversity. The most typical such as jingdong, was initially a sold out of the magnetic products and transformed into a professional web professional 3 C product B2C platform, finally turned for a comprehensive luxuriant stores from, garments, food, metal to household appliances, 3 C and so on have sales.

The second trend is vertical category in the category of the B2C develop unceasingly, initially books to 3 C product, and even now of the clothing shoes and hats, vertical B2C category gradually rich.

Beijing e-commerce transaction volume grew at an average annual rate of 45%, the B2C before 10 enterprise in the field have six headquartered in Beijing, some well-known electronic business enterprise has to come to consult or sellers in matters, Beijing is expected to become China’s electronic business enterprise to gather.

The reporter has from the Beijing municipal business committee and other departments that Beijing e-commerce enterprise the number of the national total of 9%, China’s top ten B2C field in the enterprise have six headquartered in Beijing. Incomplete statistics, only in 2010, Beijing’s electronic commerce in total transactions and more than 400 billion yuan, the B2B transaction volume about 90%.

According to introducing, Beijing’s retail e-commerce sales accounted for social nearly 3% of the total retail sales of consumer goods, the enterprise has set up a file from the horse race circle before, to promote the enterprise service quality, meet consumers’ multiplication demand changes. For now, Beijing is to speed up the industrial structure transformation, actively create national electronic commerce, demonstration cities in the future five years, retail e-commerce sales account for the proportion of total retail sales will rise to 8%.

IDC analysts HuangLin think, throughout the e-commerce market in China, there are three interesting trend:

The first is the trend of the vertical in one of the most B2C platform into similar large supermarkets across the category of comprehensive retail platform, also is often say transverse diversity. The most typical such as jingdong, was initially a sold out of the magnetic products and transformed into a professional web professional 3 C product B2C platform, finally turned for a comprehensive luxuriant stores from, garments, food, metal to household appliances, 3 C and so on have sales.

The second trend is vertical category in the category of the B2C develop unceasingly, initially books to 3 C product, and even now of the clothing shoes and hats, vertical B2C category gradually rich.

Beijing e-commerce transaction volume grew at an average annual rate of 45%, the B2C before 10 enterprise in the field have six headquartered in Beijing, some well-known electronic business enterprise has to come to consult or sellers in matters, Beijing is expected to become China’s electronic business enterprise to gather.

The reporter has from the Beijing municipal business committee and other departments that Beijing e-commerce enterprise the number of the national total of 9%, China’s top ten B2C field in the enterprise have six headquartered in Beijing. Incomplete statistics, only in 2010, Beijing’s electronic commerce in total transactions and more than 400 billion yuan, the B2B transaction volume about 90%.

According to introducing, Beijing’s retail e-commerce sales accounted for social nearly 3% of the total retail sales of consumer goods, the enterprise has set up a file from the horse race circle before, to promote the enterprise service quality, meet consumers’ multiplication demand changes. For now, Beijing is to speed up the industrial structure transformation, actively create national electronic commerce, demonstration cities in the future five years, retail e-commerce sales account for the proportion of total retail sales will rise to 8%.

China’s E-Commerce Market Present Three Big Trends. (2011, December 13). Retrieved from http://www.4u-2.com/business/business-e-commerce/chinas-e-commerce-market-present-three-big-trends/

China will be the largest e-Commerce market in 2015

China will overtake the USA as the largest electronic commerce market in 2015, according to a report published this week by Boston Consulting Group (BCG), which surveyed more than 4,000 online consumers across China. According to estimates, the e-Commerce market in the Asian country could grow at an annual rate of 33%, exceeding $314 billion in 2015. The study estimates that the number of e-Commerce users could rise to 329 million during the same period.

According to figures from China’s Internet Information Center, at the end of June 2011 China had a total of 485 million internet users, of which 142 million had made online purchases.

“The widespread availability and affordable prices of the internet throughout the country, as well as the rapid growth in the number of Chinese consumers and the relatively low logistics costs are the forces driving the growth of the electronic commerce industry in China”, according to Waldemar Jap, a BCG partner in Hong Kong and one of the principal authors of the report.

In 2006, less than 10% of the urban population in China had made a purchase via the internet. This figure rose to 23% in 2010 and will nearly double to 44% by 2015 based on BCG’s estimates. According to Jap, “A staggering 30 million new online consumers will join the ranks of e-Commerce consumers every year in China until2015”.

Furthermore, electronic commerce will account for 7.4% of the total value of retail sales in the country in the same year, compared to 3.3% now. Jap goes on to explain that, “The USA took 10 years to achieve the same growth”.