China’s E-commerce Market Valued at US$45 bil in Q2

Posted by Joachim Bartels | Oct 19, 2012 | Alibaba, Amazon, China, E-Commerce, Taobao, Tencent Holdings | 0 |

Recently published research claims that the transaction volume of China’s e-commerce industry reached US$44.5 billion in the second quarter of 2012 – a jump of 45% year-on-year.

According to a report published by Analysys International claims that the consumer-focused arm of Alibaba Group, Taobao, holds a 76% market share of China’s e-commerce industry with transaction volume exceeding US$31.9 billion in the second quarter of this year. Trailing far behind Alibaba were 360buy (5.5%), Tencent (4.5%), Suning (1.2%), Amazon.com (0.8%), Dangdang (0.7%) and Yihaodian (0.3%).

Source: Business Strategies Group Hong Kong – www.bsgasia.com –

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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