China’s online retail sales grew 49.7% to RMB 2.79 trillion last year, prompting Ma Jiantang, head of the National Bureau of Statistics, to comment: “This is where our hope lies.” It was by far the most high-profile signal that China’s leaders,...
The e-retailer operates the country’s biggest domestic internet marketplace and since its formation has gone from strength to strength. Now, souq.com’s latest technological development signals the next major phase of growth.
Consumers have consistently told companies they want their products and services immediately. Right. This. Minute. (Or at least, as close as you can get.) Several companies have stepped up to meet that “on demand” culture.
Is it just hype or is Indiaâ��s e-commerce market really taking off? Indiaâ��s e-commerce market is estimated to have grown by 70% 2014 and has generated international interest. However the valuations of businesses in the market are based on Indiaâ��s potential rather than its current market and much reform and growth is needed realize these figures.
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