According to compiled industry research from Alibaba Group, 2013 will mark the first time Chinese online spending exceeds that of the U.S.
Alibaba expects e-commerce in China to reach $265 billion this year, up from roughly $194 billion in 2012. The U.S., which generated $209 billion in e-commerce sales last year, will add a mere $21 billion this year, according to the projection. Read the rest at ReadWrite.
The e-Strategy Academy covers all aspects of digital marketing including search optimization & marketing, email marketing, social media marketing, video marketing, mobile marketing & public relations.