China Online Shopping Accounted for over 10% of Total Retail in Q1 2015

In Q1 2015, China online shopping transaction value exceeded RMB757.41 billion (USD$123.51 million) with an increase of 45.2% from the same period of last year. According to the data of National Bureau of Statistics in Q1 2015, online shopping transaction value accounted for 10.7% of total retail consumer goods

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Influenced by the Chinese New Year period, online shopping market had slowed its growth while it was still being developed taobao agent .