Infographic: Asia's HK$4 trillion e-commerce market
Boosted heavily by Chinese e-shopping, online spending in Asia is a trillion dollar business
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.
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