Press release, November 12; Adam Hwang, DIGITIMES [Wednesday 12 November 2008]In the China market, sales transactions of B2C online shopping during the third quarter of 2008 reached a total value of 2.24 billion yuan (US$327 million), increasing by 25.6% on quarter and 88.2% on year, according to China-based consulting company Analysys International.
Of the total sale value, 849 million yuan or 37.9% was due to IT, communication and consumer electronics products and 394 million or 17.6% to publications, Analysys indicated. 360buy and 139shop were the top-two web portals for the former category of goods with market shares of 47.6% and 15.9% respectively, while DangDang and Joyo (Amazon in China) were the top two for the second category with market shares of 46.0% and 36.8%, Analysys added.
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