The e-commerce law newly enforced in China on Jan 1, 2019, aims to improve regulation over vast online markets that have been dominated by players like Alibaba and JD.com. According to Nielsen, just 56.8% of th… Amazon is shutting down its domestic e-commerce marketplace business in China. China’s $1.94 trillion e-commerce is the largest in the world, and more than three times that of the number two U.S. market, according to a newly released eMarketer report.And the rise of … Overview of B2C E-Commerce Market and International Comparisons, August 2019, Top 5 Countries Worldwide by Retail E-Commerce Sales, in USD billion, by China, Germany, South Korea, the UK, and the USA, 2019f, Global Retail E-Commerce Shares of Top 2 E-Commerce Markets, in %, incl. While internet usage is nearly universal in the U.S., around the world, the story is much different. Mobile E-commerce Is Still on the Rise. Meituan also did very well. Given that only 40% of China… The rapidly growing e-commerce market in China ranked second. We’ll now deep-dive into a common problem of vendors selling to China: logistics and shipping to China. We value your privacy and will never rent or sell your email address. China, 2019f, M-Commerce Share of Total Retail E-Commerce Sales, in %, by China, India, Indonesia, South Korea, Thailand, the UK and the USA, 2018, Preference of Online Shopping Over Offline Shopping, in % of Consumers, by China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam, August 2018, Top 10 Countries Bought From in the Latest Cross-Border Online Purchase, by Australia, China, France, Germany, Hong Kong, Japan, South Korea, the Netherlands, the UK, and the USA, in % of Cross-Border Online Shoppers, 2018, M-Commerce Sales, in USD billion, 2018 & 2023f, Number of Mobile Internet Users, in millions, and Penetration, in % of Internet Users, 2012 - 2018, Mobile Shoppers, in millions, and Penetration, in % of Mobile Internet Users, 2012 - 2018, Breakdown of Devices Used for Shopping Online, in % Consumers Who Buy Daily or Weekly, 2019e, Shopping-Related Activities Carried Out Online, in % of Internet Users, 2018, Consumer Engagement Activities and Decision to Buy Online and Offline, in % of Consumers, 2018, Social E-Commerce Market Size, in CNY billion, and Year-on-Year Change, in %, 2015 - 2021f, Social Media Channels Preferred to Purchase Products and Services, in % of Urban Respondents, October 2018, Cross-Border Retail E-Commerce Imports, in CNY billion, and Year-on-Year Change, in %, Q2 2017 - Q2 2019, Number of Cross-Border Retail E-Commerce Buyers, in millions, and Penetration, in % of Digital Buyers, 2017 - 2022f, Top 3 Countries Purchased From in the Latest Cross-Border Online Purchase, in % of Cross-Border Online Shoppers, 2018, Retail E-Commerce Sales, in USD billion, and CAGR, in %, by Two Comparative Estimates, 2018 - 2023f, Retail E-Commerce Sales, in CNY billion, and CAGR, in %, by Four Comparative Estimates, 2017 - 2020f & 2023f, E-Commerce Share of Total Retail Sales, in %, by Four Comparative Estimates, 2017 - 2023f, Retail E-Commerce Sales in Rural Areas, in CNY billion, 2015 - 2018, Number of Internet Users, in millions, and Penetration, in % of Population, 2012 - 2018, Number of Online Shoppers, in millions, and Penetration, in % of Internet Users, 2013 - 2018, Breakdown of Total Population and Internet Users by Urban and Rural, in %, 2018, Breakdown of Frequency of Shopping Online, in % Respondents, 2019e, Willingness to Increase Online Spending Compared to Offline and Traditional Spending in The Coming Year, in % of Urban Respondents, October 2018, Top E-Commerce Merchant Segments, in % of Total E-Commerce Value, 2018, Top Product Categories Purchased Online, in % of Rural Online Shoppers, in % of Urban Online Shoppers, Q1 2019, B2C E-Commerce Sales of Clothing, in CNY billion, and Year-on-Year Change, in %, 2015 - 2019, Breakdown of Clothing Buyers by Online and Offline Shopping Channels, in %, April 2019, Fresh Food E-Commerce Sales, in CNY billion, and Year-on-Year Change, in %, 2014 - 2021f, Breakdown of Frequency of Purchasing Fresh Food Online, in % Online Fresh Food Shoppers, 2018, Online Flight Ticket Booking Sales, in CNY billion, Year-on-Year Change, in %, 2015 - 2022f, Breakdown of Payment Methods in E-Commerce by Market Share, in %, 2018, Third-Party Mobile Payment Transactions, in CNY trillion, Year-on-Year Change, in %, Q1 2018 - Q1 2019, Breakdown of Third-Party Online Payment by Market Share, by Players, in %, 2018, Number of Express Delivery Parcels, in billions, and Year-on-Year Change, in %, 2014 - 2018, Breakdown of Reasons To Potentially Shop Online, incl. China is one of the top countries for retailers to turn their focus to in 2019. In 2017, e-commerce amounted to 6.3 trillion yuan, accounting for more than 78% of total transactions. China has a huge population and the general keen desire to shop online and cross-border to thank for second place. One important feature of the new law is the requirement that … E-commerce in China is growing faster than it is in the U.S. and makes up a larger percentage of retail sales in China than it does in the U.S. According to an industry report, the industry revenue has grown from $229.9 billion in 2012 to $1.5 trillion in 2019 and is projected to grow at an annual 13.8% over the next five years, to $2.8 trillion in 2024. In 2019… Top 10 Predictions for China Cross-Border E-Commerce in 2019 Published on January 3, 2019 January 3, 2019 • 55 Likes • 10 Comments 2019 was a challenging year in China e-commerce as competition intensified and growth in China’s internet industry began to slow, forcing many players to cut loss-making businesses like Kaola. E-commerce continued to see double-digit growth in 2019, with it expected to sustain a high growth rate throughout the forecast period. Hong Kong police authorities have said that reported incidences of e-commerce fraud jumped by 32 percent in the year to November 2018. payments, shipping, and shop software, the competitive landscape in the Chinese eCommerce market with key facts about the top players by Chinese net sales in 2018, profound category analyses, and a full list of the Chinese top 100 stores, Comparison of devices for online purchases, Number of eCommerce users in selected countries in millions, Online shopper characteristics: demographics - Gender, Online shopper characteristics: demographics - Income, Online shopper characteristics: demographics - Age, eCommerce and internet penetration rate in 2019, Online behavior: interest in product categories – China. The new law builds upon earlier reforms of China's legal system. 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