皇冠体育app

BIZCHINA> Top Biz News
皇冠体育app's online shopping grows in slowdown
By Wang Xing (chinadaily.com.cn)
Updated: 2009-03-11 11:49

皇冠体育app's online shopping grows in slowdown

Although 皇冠体育app's international and domestic trade has declined because of the global economic slowdown, online business seems to be showing no impact at all.

Related readings:
皇冠体育app's online shopping grows in slowdown 皇冠体育app's online payment market surges 181% in 2008
皇冠体育app's online shopping grows in slowdown Web shopping touches record high
皇冠体育app's online shopping grows in slowdown 皇冠体育app's online shopping jumps 128.5% in 2008
皇冠体育app's online shopping grows in slowdownFestival consumption finds an outlet 

According to a report by domestic research firm Analysys International, the trade volume of 皇冠体育app's online shopping market grew 137.2 percent to 122 billion yuan ($17.84 billion) last year, the highest growth rate since 2006.

The Beijing-based firm said the growth rate shows Chinese Internet users' increased spending on online shopping as well as traditional dealers' embrace of the Internet. It said ARPU (Average Revenue Per User) of 皇冠体育app's C2C market increased from 520 yuan in 2007 to 760 yuan last year.

皇冠体育app had 298 million Internet users by last year, and nearly 25 percent are online shoppers, according to 皇冠体育app Internet Network Information Center (CNNIC). In comparison, 71 percent of Internet users in the United States shop online.

That market potential has attracted many traditional dealers from Adidas to Dell to open online shops on websites such as Taobao.com.

Analysys International said goods delivery was significantly disrupted last year during the Sichuan earthquake and the Beijing Olympic Games. But that will change this year as 皇冠体育app announced its 4-trillion-yuan economic stimulus plan, which is expected to boost construction on infrastructure such as roads and railways.

Transaction volume of 皇冠体育app's C2C shopping market hit 31.17 billion yuan in the fourth quarter of 2008, up 144 percent year-on-year, and 22 percent from the third quarter, according to Analysys International.

The number of goods listed online reached 181.7 million in the fourth quarter, 14 percent higher than the previous quarter.

Youa.com, launched two months ago by Chinese search engine , has already commanded a 3.8 percent market share in the number of listed goods online, the research firm said.


(For more biz stories, please visit Industries)