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Credit Suisse predicts growth for Chinas online sales – report

Monday 11 April 2016 07:59 CET | News

China`s ecommerce market will rise between 20% and 26% annually by the end of 2019, according to a survey.

The survey conducted by Credit Suisse and Nielsen, a global market research firm, is based on nearly 16,000 face-to-face interviews across nine economies, chinadaily.com.cn reports.

Online sales will account for 16% of Chinas total retail sales in 2017, up from 10% in 2014, according to the research, the source cites.


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Keywords: Credit Suisse, China, Nielsen, ecommerce, retail sales
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce