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	<title>VentureBeat &#187; TMall</title>
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<copyright>Copyright 2013, VentureBeat</copyright>		<item>
		<title>China&#8217;s $265 billion e-commerce world (infographic)</title>
		<link>http://venturebeat.com/2013/02/27/chinas-265-billion-e-commerce-world-infographic/</link>
		<comments>http://venturebeat.com/2013/02/27/chinas-265-billion-e-commerce-world-infographic/#comments</comments>
		<pubDate>Wed, 27 Feb 2013 18:01:49 +0000</pubDate>
		<dc:creator>John Koetsier</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Entrepreneur]]></category>
		<category><![CDATA[Top stories]]></category>
		<category><![CDATA[alibaba]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[ecommerce]]></category>
		<category><![CDATA[online shopping]]></category>
		<category><![CDATA[Taobao]]></category>
		<category><![CDATA[TMall]]></category>
		<category><![CDATA[Yahoo]]></category>

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		<description><![CDATA[<p>Alibaba predicts that 2013 will be the year that Chinese e-commerce surpasses U.S e-commerce, with $265 billion in sales compared to a projected $230 billion for America, and that total Chinese online sales will reach $445 billion in&#160;2015.</p>
<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=venturebeat.com&#038;blog=342986&#038;post=629467&#038;subd=venturebeat&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p><a href="http://venturebeat.com/2013/02/27/chinas-265-billion-e-commerce-world-infographic/large_4315145017/" rel="attachment wp-att-629547"><img class="aligncenter size-full wp-image-629547" alt="large_4315145017" src="http://venturebeat.files.wordpress.com/2013/02/large_4315145017.jpg?w=1024&#038;h=612" width="1024" height="612" /></a> Two hundred and forty-two million Chinese shop online, and they&#8217;re expected to spend $265 billion in 2013.</p>
<p>These are two of the biggest stats in <a href="http://www.alibaba.com" target="_blank">Alibaba&#8217;s</a> newest visual overview of the Chinese e-commerce market. Alibaba is China&#8217;s online shopping giant &#8212; the company <a href="http://venturebeat.com/2012/12/03/alibaba-reaches-1-trillion-rmb-157b-in-sales-to-become-biggest-e-commerce-company-in-the-world/">sold over $175 billion worth of products in 2012</a>, and it owns TMall, which manages online sales for thousands of Chinese companies, as well as Taobao, which is, roughly, the Chinese version of eBay.</p>
<p>Alibaba, which Yahoo partially owns, made history in 2012 by <a href="http://venturebeat.com/2012/11/21/how-a-chinese-e-commerce-company-racked-up-3-billion-in-sales-in-just-one-day/">racking up $3 billion in sales in a single day</a>.</p>
<p>Sixty percent of those 242 million Chinese have incomes of less than $320 a month, but the average Chinese user spends almost as much online as U.S consumers: $1,054 &#8212; mostly because online prices are cheaper than in a store.</p>
<p>Alibaba reports that 54 percent of Chinese shop online at TMall &#8212; its own online shopping mall &#8212; with only 3 percent shopping at <a href="http://www.amazon.cn" target="_blank">Joyo Amazon</a>, which is Amazon&#8217;s Chinese division. Interestingly, 68 percent of what they buy is clothing and accessories, with much lower rates for digital goods, consumer electronics, and media.</p>
<p>Alibaba predicts that 2013 will be the year that Chinese e-commerce surpasses U.S e-commerce, with $265 billion in sales compared to a projected $230 billion for America, and that total Chinese online sales will reach $445 billion in 2015.</p>
<p>All the details in visual form:</p>
<p><a href="http://venturebeat.com/2013/02/27/chinas-265-billion-e-commerce-world-infographic/china_online_shopping-infographic/" rel="attachment wp-att-629532"><img class="aligncenter size-full wp-image-629532" alt="china_online_shopping-infographic" src="http://venturebeat.files.wordpress.com/2013/02/china_online_shopping-infographic.jpg?w=740&#038;h=5217" width="740" height="5217" /></a></p>
<p><em>photo credit: <a href="http://www.flickr.com/photos/sprengben/4315145017/" target="_blank">Sprengben [why not get a friend]</a> via <a href="http://photopin.com" target="_blank">photopin</a> <a href="http://creativecommons.org/licenses/by-nc-sa/2.0/" target="_blank">cc</a></em></p>
<br />Filed under: <a href='http://venturebeat.com/category/business/'>Business</a>, <a href='http://venturebeat.com/category/entrepreneur/'>Entrepreneur</a>, <a href='http://venturebeat.com/category/top-stories/'>Top stories</a>  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=venturebeat.com&#038;blog=342986&#038;post=629467&#038;subd=venturebeat&#038;ref=&#038;feed=1" width="1" height="1" />]]></content:encoded>
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