Tue,Oct 29,2013
BEIJING, Oct.29 -- The size of China's business to customer (B2C) e-commerce market reached 162.4 billion yuan (26.66 billion U.S. dollars) in the third quarter 2013, a major tech industry analyst said on Tuesday.
The figure was a 3-percent quarter-to-quarter increase, and a 50-percent year-on-year increase compared to that of the corresponding period in 2012, according to a report released by Analysys International.
The B2C market, gradually narrowing its gap with the customer to customer (C2C) market, has covered 39 percent of the country's whole online retail market, said the report.
After several rounds of fierce price wars in the second quarter, China's e-commerce giants were active in expanding their new businesses by developing online financing enterprises and introducing multiple operations.
The report predicted that China's B2C market will grow robustly in the fourth quarter, when the major e-commerce enterprises will put much effort into the online to offline (O2O) market.
Annual airshow kicks off in Houston
U.S. Navy Carrier Strike Group stages military exercises
Volkswagen showcases new energy vehicles in Beijing 
Different eye catching shows at housing fairs in China
Special family portraits call attention to left-behind children
Migrant children’s pain and joy in city
Lingerie show dazzles Wuhan Motor Show 2013 
Running in fun customs at Beijing Int'l Marathon 
Weekly Sports Photos
Unveil PLA air force base 
World has never been dark-- a blind kid’s life in Tibet
Oriental education or western education?
China in autumn: Kingdom of red and golden
Pet costume competition
Chinese screen goddesses from Beijing Film Academy Day|Week|Month
