New Report from yStats.com forecasts continued growth of online retail in China

HAMBURG, Germany - Nov. 25, 2016 - PRLog -- The company's founder and CEO, Yücel Yelken, stated "Our researchers have synthesized the predictions of eight reliable sources which concur in continued double digit growth in online retail in China."

A growth rate of 20% or higher for online retail in China is forecast by the various sources. This growth, according to the yStats.com report, will increase China's share of global E-Commerce and the online share of total retail sales in the country. China's already large online retailers and marketplaces such as Alibaba and JD.com will benefit from this continued growth.

The C2C share of total online retail in China had outperformed B2C in past years, but that situation has changed, as several original sources cited in the yStats.com report indicate that B2C sales are now above half of all online retail sales. One factor contributing to the rapid growth is the increased use of mobile devices for online shopping.

Press Contact:

yStats.com GmbH & Co. KG

Behringstrasse 28a, D-22765 Hamburg

Phone: +49 (0)40 - 39 90 68 50

Fax: +49 (0)40 - 39 90 68 51

E-Mail: press@ystats.com

Internet: www.ystats.com

Twitter: www.twitter.com/ystats

LinkedIn: www.linkedin.com/company/ystats

Facebook: www.facebook.com/ysta