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Wednesday, 9 March 2011, 16:00 HKT/SGT
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Source: Hardware-wholesale.com
Hardware-wholesale.com: Q4 Online Shopping reached 16.08 bil RMB

BEIJING, Mar 9, 2011 - (ACN Newswire) - Hardware-wholesale.com (http://www.hardware-wholesale.com/products/) latest report shows that the Scale of Online Shopping reached 16.08 billion RMB in the fourth quarter in 2010, which was an increase of 3.5 billion RMB year-on-year.

The analyst from Hardware-wholesale.com said that in the fourth season of 2010, the market scale of online shopping reach 16.08 billion RMB which increased 3.5 billion RMB, the chain increase rate is 27.4%. Compared with the last three quarters, the transaction scale in fourth quarter in rising rapidly. And this reflects the seasonable regular of online shopping market. So the fourth quarter is also the shopping rush hours.

As we can see from the market situation, the main part of participating which is increasing in the shopping website, there will be a competition among the merchants.

The data from Hardware-wholesale.com shows that the market scale of online shopping was 16.08 billion RMB in the fourth quarter 2010, it increased 3.5 billion RMB than last quarter, and the chain increase rate is 27.4%. As we can see that the fourth quarter is rising quickly.

Hardware-wholesale.com points out that the market of online shopping possessed a seasonable regular. It is influenced by the New Year's Day and the Spring Festival, because the users' online time was limited, so the volume of trade reduced; and in the next two quarters, the scale of online shopping went steadily up. When the Singles Night and Christmas' coming in the fourth quarter, the purchasing power would be promoted, so the transaction scale went to the rush hours.

About Hardware-wholesale.com

Hardware-wholesale.com is a promising e-commerce company and a leading vertical search engine company in China. Hardware-wholesale.com offers a variety of high quality products such as memory mattress pad (http://www.hardware-wholesale.com/buy-memory_mattress_pad/), payroll time clock (http://www.hardware-wholesale.com/buy-payroll_time_clock/), organic baby mattress (http://www.hardware-wholesale.com/buy-organic_baby_mattress/) and many more.

For more information, please contact:

http://www.hardware-wholesale.com/
Tel: +86-10-65569770
Email: my@hardware-wholesale.com


Contact:
http://www.hardware-wholesale.com/
Tel: +86-10-65569770
Email: my@hardware-wholesale.com


Topic: Research / Industry Report
Source: Hardware-wholesale.com

Sectors: E-commerce
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