China online retail market totaled 1.8 trillion yuan (US$271 billion) in Q3 2017 with a growth rate of 38.7% YoY according to data from Analysis. The online B2C market reached 985.44 billion yuan (US$148.56 bn) with an increase of 39.1% YoY.
The total transactions on Tmall grew by 47% YoY in Q3 2017 or 7.4% QoQ, accounting for 59% of total transactions. In comparison, JD grew by 41% YoY or 3.9% QoQ with 26.9% market share in Q3 2017, followed by Vipshop, Suning, and GOME.
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