Chinese Top 3 Ecommerce Players Account 74.6% of Ecommerce Sales in China
Dec 29, 2013 (Sun): Ecommerce sales in China increased by 4 per cent to RMB 454.8 billion in Q3 2013 while mobile commerce sales reached RMB 43.3 billion for the same period, up 141.9 per cent, Observer Solutions Inc. reports. The same report also reveals that Tmall was still the largest B2C onling shopping mall accounting for 51.1 per cent of total B2C online retail sales, followed by JD and Tencent B2C. These top three players accounted for 74.6 percent of total B2C market sales.
