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E-Commerce Development in China, Japan and South Korea, 2019

In June 2020, China’s Ministry of Commerce [1] released a report called E-commerce in China 2019 [2], which summarized the e-commerce development in China and worldwide. According to the report, APAC countries are still the forerunners in the global e-commerce market. Ever after 2013, the APAC area has been the largest online retail market in the world and maintained a growth rate of over 20% annually. In 2019, the growth rate of online sales in APAC countries reached 25%.

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