Retail e-commerce sales in China will grow by 21.0% in 2021, versus the 4.0% growth in total retail sales. As a proportion of total retail, retail e-commerce will jump more than 7 percentage points year over year to 52.1%, according to eMarketer.
Retail & E-Commerce Sales Growth in China 2020-2024
Live streaming e-commerce, online grocery, and local group buying are well-positioned to gain further traction.
According to preliminary customs statistics, in 2020, cross-border e-commerc...
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