«Cross-border payments related to China's
e-commerce market reached $ 1.07 trillion in 2017.
According to iResearch, in 2017 the approximate Gross Market Value of China's fresh food
e-commerce market reached RMB 140 billion, a nearly 60 - percent increase from 2016.
Not exact matches
With increasingly sophisticated customers who have rapidly evolving expectations, Asia's largest economy is expected to become the world's largest
e-commerce market by 2020, with
e-commerce transactions expected to
reach almost 50 trillion yuan, or approximately C$ 9.4 trillion.
The
e-commerce giant
reached a record close of US$ 1,451 on Wednsday, raising its
market capitalisation by US$ 17.69 bn to US$ 702.46 bn.
In fact, the Chinese
e-commerce market totaled $ 672 billion in 2017 — the largest contributor to the $ 4 trillion global
e-commerce market — and cross-border
e-commerce transactions into the country are projected to
reach $ 1.32 trillion in 2018.
The value of China's cross-border
e-commerce market is set to
reach 6.5 trillion yuan ($ 1.32 trillion) in 2016, up 18 per cent from 2015.
Kobo, which was acquired by Japanese
e-commerce mega-company Rakuten in 2011, is doing a good job of finding success in
markets where Amazon has limited or no
reach, and is seeking out additional partnerships like the one it has with WH Smith via new office openings this year in Dublin and Luxemberg, according to Publisher's Weekly.
Given that this is now a global
e-commerce world we live in, the breadth of Amazon's
reach into foreign
markets could quite possibly leave the U.S. without any order fulfillment sites at all.
The service, which was bought for $ 900 million last year, is seen internally as a key part to extending the
reach of Rakuten's vast
e-commerce empire to mobile devices — and gaining greater tractions in
markets like Asia and Latin America.