Asian ecommerce market to surpass USD 500 billion in 2014 - report

Monday 17 March 2014 14:57 CET | News

Asian ecommerce market has recorded a rising trend within the recent years and is expected to surpass USD 500 billion (HKD 4 trillion) by the end of 2014, according to the global customized corporate web design company, Go-Globe, cited by

According to the graphs from Go-Globe, Chinas business-to-consumer shopping market has reached a double value, as compared to the spending of Japan’s, and Chinese e-shoppers are expected to spend around USD 274.5 billion in 2014, versus USD 127 billion in Japan.

The graph also indicates that costumers in the Asia-Pacific region are prone to doing their online shopping on a mobile device.

In recent news, India and China are expected to drive Asia-Pacific region sales to USD 1.5 trillion in 2014, bolstered by the increasing number of internet users who are shopping online, recent findings indicate.

Check out our Cross-border Ecommerce Research section here for more info on country-specific ecommerce facts & figures, preferred payment methods, risk and fraud, as well as ecommerce legislation & regulation for mature and emerging markets.

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Keywords: Asia, Go-Globe, ecommerce, report, B2C, spending
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce