News this week: Earlier this week, the Hangzhou-based China E-commerce Research Center released its “2010 Annual Survey Report on Chinese Industry-based E-commerce Websites.”
According to the report, the value of transactions conducted over China’s B2B e-commerce websites in 2010 was US$582 billion and the majority of this turnover was generated by the medium and small enterprises. The report also forecasts 2011 and 2012 market value to be approximately US$735 billion and US$919 billion respectively.
This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service.
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