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August 13, 2013

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Buying of appliances online rises

Online sales of household electrical appliances were worth 53 billion yuan (US$8.59 billion) in the first half of the year, accounting for 17.7 percent of China’s online retail market, according to a report released yesterday at an e-commerce forum.

The report listed improvements in areas of delivery, payment and after-sale services as reasons for the growing sales.

More than 2 million flat-panel TV sets were sold online in the first half, representing a growth rate of more than 100 percent, according to the report.

Leading business-to-customer retailers JD.com, TMall and Suning accounted for more than 90 percent of online home appliance sales, according to the the report.

 


 

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