- Visakhapatnam: Brahmin associations protest against Mahasena Rajesh
- Air Force plane hovers over Begumpet Airport amid tech glitch
- Cops bust fingerprint cloning racket; 2 GHMC sanitation supervisors held
- Greens gear up to roll out drive for upkeep of trees across city
- Vijayawada: Sunitha read out script of N Chandrababu Naidu, says Sajjala Ramakrishna Reddy
- India to see warmer start to summer this year: IMD
- Uttam sees BRS-BJP nexus in Kaleshwaram
- PM hits out at TMC over Sandeshkhali atrocities
- Vijayawada: N Chandrababu Naidu complains to Governor against APSDRI
- Tirupati: Pilot slams BJP-led NDA for depriving AP of Special Status
China's e-commerce market hit $1.2 tn
China\'s E-Commerce Market Hit $1.2 tn, China\'s e-commerce market has hit the $1.2 trillion-mark in the first half of this year despite economic losses, according to a report released on Monday.
Beijing: China's e-commerce market has hit the $1.2 trillion-mark in the first half of this year despite economic losses, according to a report released on Monday.
E-commerce in the world's second-largest economy reached $1.2 trillion in the January-June period, up 30.4 percent from a year earlier, the China E-Commerce Research Centre said in its report.
Business-to-business (B2B) was up 28.8 percent year-on-year, Xinhua news agency reported.
The online retail sales, which include business-to-consumer (B2C) and consumer-to-consumer (C2C) rose 48.7 percent.
Cross-border e-commerce reached up 42.8 percent year on year, accounting for 17.3 percent of China's total trade volume.
As of the end of 2014, over 2.5 million people worked directly in e-commerce and more than 18 million indirectly.