E-Commerce Sales in China Will Reach $1 Trillion By 2019 Thanks To Mobile, Says Forrester

E-Commerce Sales in China Will Reach $1 Trillion By 2019 Thanks To Mobile, Says Forrester

TechCrunch
A new report by Forrester finds that online spending in China will reach one trillion dollars by 2019. The growth will be fueled by mobile apps and improving logistics networks, which have helped e-commerce companies reach new customers in smaller cities. This is good news for Alibaba, which saw its shares fall after its latest earnings report triggered concerns about the impact of its…
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