China has recently surpassed the US to become the world’s largest eCommerce market and will maintain this leadership position for the next while. According to KPMG’s China 360 January 2014 issue, the Chinese eCommerce industry is forecasted to reach $540 billion USD by 2015, overtaking a predicted $278.9 billion USD American e-tail market. By 2020, China’s eCommerce market is expected to be bigger than US, Britain, Japan, Germany, and France’s combined.
Muddasar Saiyad 