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China e-commerce to surpass US$3.3 Trillion by 2025

September 15, 2021
Source: cpp-luxury.com cpp-luxury.com
News Snapshot:
China is already the world’s largest e-commerce market and it’s expected to get even bigger, reaching $3.3 trillion in 2025, GlobalData estimated. The data and analytics firm predicted strong growth of 17.2 percent this year, as consumers increasingly shift from offline to online. Between 2021 to 2025, the size of the e-commerce market is expected to grow at a strong compound annual growth rate of 11.6 percent between 2021 and 2025 to reach 21.4 trillion, or $3.3 trillion in 2025. Between 2017 and 2021, e-commerce sales in China grew at a compound annual growth rate of 17.7 percent to reach...
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