The latest post on ‘ReadWrite’ is titled “E-Commerce in China Poised To Top $265B, Higher Than The U.S. [Infographic]”.

Nick Statt says, “China’s economy is still on fire, with expected GDP growth of 8 percent in the first quarter of 2013. So it’s no surprise that e-commerce is also soaring. According to compiled industry research from Alibaba Group, 2013 will mark the first time Chinese online spending exceeds that of the U.S.

Alibaba expects e-commerce in China to reach $265 billion this year, up from roughly $194 billion in 2012. The U.S., which generated $209 billion in e-commerce sales last year, will add a mere $21 billion this year, according to the projection”.

E-Commerce in China Poised To Top $265B, Higher Than The U.S. [Infographic]

ReadWrite

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