The mainland's surging e-commerce business is predicted to exceed US$1 trillion by 2020, becoming the world's largest. Photo: Bloomberg
E-commerce boom to drive up prices of warehouses, logistic properties: analysts
Mainland online sales boom is pushing up demand for warehouse space, but higher rents are forcing companies to look further afield
The mainland's surging e-commerce business is predicted to exceed US$1 trillion by 2020, becoming the world's largest. Photo: Bloomberg