Print This Page Email This Page
Online Shoppers Spend 16.2 Bln Yuan in 1st Half

Online Chinese shoppers spent 16.2 billion yuan (US$2.3 billion) in 19 major cities in the first half of 2008, China Internet Network Information Center (CNNIC) said on Monday.

The findings were based on a survey carried out in four municipalities directly under the central government -- Beijing, Shanghai, Tianjin and Chongqing -- and 15 developed cities such as Changchun, Dalian, Nanjing, Hangzhou, Jinan and Guangzhou, among others.

About 8.4 billion yuan, more than half of the total, came from male consumers, while 3.1 billion was attributed to students.

The consumer-to-consumer (C2C) site Taobao.com, a subsidiary of online portal Alibaba.com in which Yahoo! invested US$1 billion in 2005, was the nation's dominant Internet retailer. It had an online shopping penetration rate of 81.5 percent.

Dangdang.com was second with 16.6 percent, followed by Joyo, Amazon's China subsidiary, with 13.6 percent. Eachnet, owned by Tom Online and eBay, had 8.4 percent, while Tencent's C2C site Paipai.com was 7.2 percent.

According to the CNNIC, 91 percent of online shoppers who had heard of Taobao had made purchases at the site, while 61.4 percent of those familiar with Joyo had shopped there.

(Xinhua News Agency June 16, 2008)


Related Stories
- Online Population Hits 172 Mln by September
- Rural Online Users Up 128% in 2007
- Nation Has Largest Number of Netizens
- Internet Consumption Expected to Rise 45.8% in 2008

Print This Page Email This Page
China Honors Helicopter Regiment for Quake Relief
China Builds Conservation Center for Rare Fish in Yangtze River
More Downpours to Lash S China
Quake Death Toll Remains at 69,170
President Hails Young People's Work in Quake Fight
Quake-battered Sichuan Reopens 13 Cities to Tourists


Product Directory
China Search
Country Search
Hot Buys