INSIGHTS by HDTS

dwshorowitz:

Only 40% of China’s 1.3 billion population currently uses the Internet, and China’s per capita income is 1/11th that of the US, yet per capita eCommerce spending by Chinese consumers is 78% that of US consumers.

China’s eCommerce tidal wave:

                        2011       2012       2013         2014        2015

USA ($B)           188         209         230           250          270

Growth Rate                     11%       10%           9%           8%

China ($B)         125         194         265           348          445

Growth Rate                     55%       37%          31%         28%

In case you were unaware of the momentum, potential, competitive landscape, and nuances of eCommerce in China, here’s a wonderful infographic.