Showing posts with label Online Shopping. Show all posts
Showing posts with label Online Shopping. Show all posts
China market: B2B e-commerce valued at nearly 1.1 billion yuan in 1Q08
5 comments Posted by Mark Dev at 8:53 AMBusiness-to-business (B2B) e-commerce generated a total transaction value of 1.058 billion yuan (US$148 million) during the first quarter of 2008, slipping by 4.4% on quarter but rising by 19.0% on year, according to China-based consulting company Analysys International.
Of the transaction value, 621 million yuan or 58.7% was due to imports and exports while the remaining 437 million yuan or 41.3% was from domestic trades, Analysys noted.
Business-to-customer (B2C) sales transactions for online shopping during the first quarter reached an estimated total value of 1.282 billion yuan, decreasing by 1.2% on quarter but increasing by 25.7% on year, according to the research firm.
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