Scalper1 News
China’s economy is still ailing, but its e-commerce sector continues to shine and serve as a major driver of the country’s economic growth, said an eMarketer report Friday. E-commerce companies such as Alibaba Group Holding (BABA), JD.com (JD) and Vipshop Holdings (VIPS) are supporting China’s retail sales growth, as Internet penetration and smartphone ownership in the country continue to increase. EMarketer estimates that retail e-commerce sales, Scalper1 News
Scalper1 News