• Online shopping to exceed 1 trillion dollars in China, but retailers are unhappy about sales

    2 monthes ago - By Fashion United

    With 500 million online shoppers, China is estimated to exceed the 1 trillion dollar mark in online sales in 2018. However, only 20 percent of retailers feel confident in their capability to succeed in the Chinese e-commerce market, according to a survey conducted by consulting firms
    Frost & Sullivan and Azoya Consulting.
    The two consulting firms teamed up to survey 1000 Chinese individuals who shop online on a regular basis, in order to understand their purchasing behavior. The firms also talked to 100 international retailers with annual sales over 50 million dollars, to learn about their...
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