Tag: mobile shopping

Mobile commerce spending is exploding in China

| August 5, 2015

Report shows that mobile spending is accelerating throughout China

Mobile commerce spending is on the rise in China, according to a new report from eMarketer. The report highlights the growing prevalence of smartphones and tablets among consumers. More consumers are beginning to use these devices to shop online and purchase products. As such, mobile commerce has begun to see explosive growth in China, particularly because large retailers and banks are beginning to show support for mobile spending.

Mobile commerce spending expected to hit $334 billion by the end of this year

The report from eMarketer predicts that mobile commerce spending through smartphones and tablets will reach $334 billion by the end of this year. This represents a record increase of 49.7% in total e-commerce expenditure. The report estimates that retail sales in China’s mobile space are 450% higher than those being made in the United States. Several retailers in China, particularly the country’s largest e-commerce company Alibaba, have begun embracing the concept of mobile commerce and have been showing stronger support for mobile shopping overall.

Companies are looking to bring mobile commerce to China’s rural communities

Mobile Commerce Spending in China on the RiseWhile mobile commerce is thriving in China’s largest cities, retailers are beginning to branch into rural communities in order to support the further expansion of mobile shopping. Alibaba is working to engage rural communities, where the rate of e-commerce growth is outpacing that being seen in major cities. The company has partnered with China Telecom to launch a low-cost smartphone for those living in rural parts of the country. These smartphones will provide consumers with a way to shop online and purchase products that they are interested in.

Companies are investing more heavily in the mobile space in order to engage new generations of consumers with smartphones and tablets

Mobile commerce spending is likely to continue expanding in China, as the country retains its position as a leading mobile market. Companies like Alibaba have helped mobile shopping thrive throughout the country and they are expected to continue investing in the mobile space in order to effectively engage an evolving group of mobile consumers.

Mobile shopping is on the rise in the Asia-Pacific region

| July 28, 2015

Consumers in the region are showing favor for mobile commerce

MasterCard has released the results of a new survey that show that mobile shopping is expanding quickly in the Asia-Pacific region. Several countries within the region are beginning to see exponential growth in the mobile commerce sector as more consumers gain access to smartphones and tablets. New mobile shopping services are becoming very popular in this region as well, which is making it easier for consumers to use their mobile devices to shop online and, in some cases, in physical stores.

Vietnam is seeing healthy growth when it comes to mobile shopping

Vietnam is currently ranked as fifth when it comes to the growth of mobile shopping in the Asia-Pacific region. The country falls behind Malaysia, Taiwan, New Zealand, and India when it comes to mobile commerce growth. The country ranks eight when it comes to the ratio of consumers shopping with a mobile device, but the percentage of consumers making a purchase from a smartphone in the past three months grew significantly. By the end of 2014, 45.2% of those with smartphones had made a purchase with their device, up from the 39.4% that did so in 2013.

China and India are leading the way in mobile commerce growth

Mobile Shopping on the rise in Asia-Pacific regionChina is currently ranked first in terms of the likeliness for consumers to make a mobile purchase. Chinese consumers taken a strong interest in mobile shopping, largely due to the efforts made by companies like Alibaba, which have worked to make mobile commerce more accessible to consumers throughout the country. India’s mobile shopping space is growing quickly, as well, and the country is becoming one of the fastest growing mobile markets in the world.

New opportunities are emerging for retailers in Vietnam

Vietnam holds a great deal of promise when it comes to mobile shopping. The country’s rapidly growing smartphone penetration is creating new opportunities for retailers and organizations involved in mobile commerce. As new services come to the country, more consumers are likely to become involved in mobile shopping and use their devices to make purchases both online and in physical stores.