November 20, 2012

China’s Rising E-Commerce Tide Not Lifting All Boats

Luxury E-Commerce Grows Steadily As Lower-End E-Tailers Battle It Out

China’s young e-commerce market may be booming — shoppers spent an estimated 19 billion yuan on Alibaba’s online platforms on November 11th alone — but owing to low profit margins, cut-throat competition and regular price wars, times remain tough for major domestic e-tailers. This week, Reuters speaks to Jing Daily columnist Torsten Stocker of the Monitor Group about the difficulties retailers are seeing in the Chinese e-commerce market despite exponential growth:

Business & Finance / Investment / Market Trends / Tech / Video
Tag: alibaba, business, e-commerce, e-tail... , More


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