Tag Archives: Online Retail

China Passes US in Online Retail

China’s Ministry of Commerce released data showing huge growth in terms of Online Retail. Chinese consumers spent $296.57 billion online in 2013, 13% more than their American counterparts ($262.51 billion in 2013). That means China is now the biggest market for online retail. Chinese online retail market showed a 41.2% growth rate from 2012, a […]