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The report indicated that in Q1 of this year, there was an increase in mobile shopping by 168 percent.
This brought the Chinese m-commerce market up to an estimated $59 billion. The growth rate in that market was tremendously greater than the overall mobile shopping increase seen globally, which was a very healthy 45 percent. The iResearch figures were based on measurements of the gross merchandise volumes (GMV). The prediction that was made based on the data is that there will have been a continued rapid growth throughout Q2 2015.
M-commerce purchases made up almost half of all online shopping that occurred in china during Q1
.The amount of online shopping that occurred over mobile devices more than doubled from what it had been during the same quarter last year, when it had been a much lower 22 percent. ...
Boom!!!!!