Which country has over taken the US to become the world’s largest online retail market?
Which country has over taken the US to become the world’s largest online retail market?
[A]India
[B]Singapore
[C]China
[D]Japan
China
China over took the US to become the world’s largest online retail market as its e-commerce revenues grossed 439 million last year constituting 7% of its GDP. According to US journal Statista, US online sales last year accounted to about 290 billion. In 2014, the number of online shoppers in China climbed to 361 million, representing 55.7% of the nation’s shoppers.
Originally written on
November 5, 2015
and last modified on
November 5, 2015.