正文

电子商务扩张未来竞争激烈

2013-06-03来源:CRI

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Now it's reported that China's largest e-commerce company Alibaba plans to be listed in the Hong Kong market later this year.

China's e-commerce sector is expecting further growth this year with fierce competition among businesses online.

In the first quarter, the sector's sales volume has already amounted to 2.4 trillion yuan, a 45 percent increase year on year.

The country's e-commerce market is currently dominated by Alibaba and its retail arm - Taobao Mall.

Other small players include Tencent, 360buy, Amazon.com and Dangdang, which all-together account for less than a quarter of the market share.

Now to get a deeper understanding into China's e-commerce sector, I'm now joined live on the line by our Financial Commentator, Cao Can.