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China’s E-Commerce Market sales reached $57 Billion in 2013 Q1

China’s online shopping market reached a total sales of $57 billion in Q1 2013, representing a decrease of 17.1% compared to the last quarter in 2012. The decline in growth does not indicate that the growth of China’s overall e-commerce market will slow down in 2013. Compared to the same time period in 2012, it has increased steadily by 37%. Given the consumption peek in China at Q4 2012 due to the Chinese new years celebration and influx of e-commerce websites’ year-end promotions – the decrease in sales in Q1 was expected.

Ecommerce sales of Q1 accounts for 6.3% of total retail sales in China.

China E-Commerce(Online Shopping) Market

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