Online Retail Spending In China Will Exceed $1T By 2019

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Online retail spending in China will exceed US$1 trillion by 2019, up from US$307 billion in 2013, according to a new forecast from research and advisory firm Forrester Research, Inc.

Mobile retail spending will also grow at 44.2% compound annual growth rate (CAGR) from 2014 to 2019, twice as rapid as online sales, which is estimated to grow at 19.9% CAGR.

China Money Network

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