Nov 23, 2007
This week, data from Alibaba shows that between 2004 and 2006, China's total e-commerce transactions rose sharply from RMB 440 bln to RMB 1.1 trln. Third-party payments increased from RMB 2.3 bln to RMB 21 bln, respectively, and are expected to break the RMB 100 bln mark in 2007.
Keywords: e-commerce market size third-party payment Internet online payment
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