• Fri
  • Dec 19, 2014
  • Updated: 11:38am
NewsChina Insider
E-COMMERCE

Infographic: Asia's HK$4 trillion e-commerce market

Boosted heavily by Chinese e-shopping, online spending in Asia is a trillion dollar business

PUBLISHED : Thursday, 13 March, 2014, 5:29pm
UPDATED : Thursday, 13 March, 2014, 5:31pm
 

After steady growth in the past few years, e-commerce spending in Asia is set to surpass half a trillion US dollars (four trillion Hong Kong dollars) by the end of 2014.

A new infographic from web design firm Go-Globe represents Asia's e-commerce trends on business-to-consumer shopping sites such as Rakuten, Amazon and Tmall. 

The graph does not cover consumer-to-consumer or informal selling over the internet on sites such as Bay or Taobao.

General trends on the graph show that China's business-to-consumer shopping market sees double the spending of Japan’s, and Chinese e-shoppers will spend roughly US$274.5 billion in 2014, versus US$127 billion in Japan.

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

This article was originally reported by Tech in Asia and was edited and republished with permission.

Additional reporting by Jeremy Blum

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