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June 26, 2012

Online Retail Index: China vs 5 Biggest Ecommerce Markets

The latest report from consultancy A.T. Kearney  Showed  that “ Chinese Online Commerce is on the throes of a biggest Leap  and is the number 1 market  among  e-commerce potential among emerging markets.  With more than one in five people with online access ( Chinese), up from 200m in total in 2007 

Its inaugural e-retail index of emerging markets, entitled “Online Retail: The New Frontier for International Expansion,” puts China at the top of a list of 10  countries with potential for big e-commerce growth. The company calculated growth potential by assessing such factors as overall market attractiveness, online infrastructure development, digital laws and regulations, and retail development. China beats out such countries as Brazil, Russia, Chile and Mexic

China was also on track to surpass 1billion mobile connections in Q1 of 2012, with market penetration currently estimated at 72%.Last year Apple said that China was its second-most important market after the US, accounting for 16% of its total revenue in Q4 2011.according to a new report from consultancy A.T. Kearney.

The latest data from Wireless Intelligence shows that China ended 2011 on 973.7m connections, an increase of around 16% year-on-year.

o (see below for the rankings).

China’s vast online retail markets—at $23 billion, second in the world behind the United States.” E-commerce has increased by a 78% compound annual growth rate since 2006, the report says, and will reach $81 billion over the next five years.