How to Play the E-Commerce Trend in China
May 21st 2013 2:30AM
Updated May 21st 2013 7:40AM
Consulting giant PricewaterhouseCoopers has just released a survey of the online shopping habits of more than 11,000 online shoppers in 11 countries. And according to PwC, the No. 1 country for e-commerce today is... China!
Take a look at some of these numbers:
- $211 billion in annual online sales.
- 58% of shoppers, shopping online in the past week.
- 64% growth in e-commerce revenues over just the past year.
Clearly, China is turning into a big market for online marketing -- but who's best positioned to profit from it? In the video below, Fool contributor Rich Smith lays out the field of possibilities for you.
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The article How to Play the E-Commerce Trend in China originally appeared on Fool.com.Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool recommends Amazon.com and Baidu. The Motley Fool owns shares of Amazon.com and Baidu. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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