Date
20 October 2017

Mobile shopping surges to 43.3 bln yuan in 3Q, report says

Mobile shopping in China surged to 43.34 billion yuan (US$7.11 billion) in the three months to September, up 15.5 percent from the previous quarter and 141.9 percent higher than a year ago, Xinhua news agency reported on Tuesday, citing data from internet industry researcher iResearch. In the third quarter, mobile shopping accounted for 9.5 percent of the country’s online retail market, up 1 percentage point from the second quarter and 4 percentage point higher than in the same period last year, the report said.

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