China: notable growth in cross-border online shopping

Monday, 18th August 2014

China's overseas online shopping market has registered a significant growth.

"The value registered by the Chinese online shoppers buying from abroad via domestic electronic payment methods jumped from USD 1.95 billion (CNY 12 billion) to more than USD 11.36 billion (CNY 70 billion) between 2010 and 2013."

"Alipay, China's largest third-party payment platform, recorded a 117% growth in its cross-border e-payment services from 2011 to 2012, whereas the average pointed to a 64.7% growth for other ecommerce companies."

More info here.

UK: High rates for online shopping, banking with stigma still attached to cards - report

Monday, 18th August 2014

74% of UK adults have bought goods or services online in 2014 (compared to 53% in 2008) and 53% adults bank online.

"There is a risk coming from a section of society that is excluded simply because they don’t have credit or debit cards."

"81% of shoppers who have been refused credit feel there is a negative stigma attached to it. A shocking 27% of online shoppers who have been refused credit reported feeling like outcasts from society."

"33% of online shoppers being unaware that you can buy goods online without a bank account or credit card, while 53% complained about a lack of payment alternatives from online retailers."

More info here.

What influences purchase of your product or service? [Infographic]

Tuesday, 12th August 2014


Serbia: online banking penetration rate shows 5% - survey

Tuesday, 12th August 2014

Serbian online banking penetration rate amounts to 5%.

"Among those involved in the survey, 57% have a feature phone, 37% have a smartphone, 9% have a tablet, 51% have a PC whereas 12% claim they have no internet connection."

"In 2010, the online banking penetration rate in the country pointed at 2%."

More info here.

86% of UK shops support m-commerce - report

Friday, 8th August 2014

86% of the shops in a recent study responded that they support mobile commerce by offering an optimised site for different browsers, or have a shopping app available for download. 

"The UK, the status of mobile commerce in the UK is not just demonstrated by the shops’ behaviour, British consumers being also the frontrunners when it comes to mobile shopping, making up 40% of the entire European mobile revenue."

"France and Spain are not far behind the UK with 74% of shops in the study offering mobile shopping. In other European countries, the results were lower, with Germany at 68%, and in Poland and Italy lower still with just 46% and 50% respectively."

More info here.

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