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China E-commerce Market in Q3 2014


November.20.2014 0 Comments

e-commerceIn Q3 2014, total transaction value of China e-commerce market was RMB3.19 trillion ($0.51 trillion) with increase of 13.1% quarter on quarter and 27.3% year on year.

china-e-commece-market-q3-2014

B2B e-commerce market is the major part in China e-commerce market. The transaction value of small and medium enterprises in B2B e-commerce accounted for 46.3% with a decrease QoQ while online shopping transaction value as a percentage of total e-commerce increased to 30% in Q3 2014 from 22.1% according to data from iResearch.