China’s Online Commerce is set to lead the world

E-Commerce in China is reaching critical mass. IDC revealed in its special research report 2010 ( in partnership with Aliresearch) ; Taobao.com has 370m registered users,
800m products online,daily 60m visitors; 48,000 products are sold every minute, peak daily sales 1.95b-an amount exceeding the daily volume of Beijing,
Shanghai or Guangzhou consumer retail sales.
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