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NewswireTODAY - /newswire/ -
Tsim Sha Tsui, Kowloon, Hong Kong, 2015/03/11 - Alpine Capital Management has re-confirmed its positive outlook on the future of China’s online e-commerce revolution - AlpineCapitalMgmt.com.
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Citing a recent market report by research group Forresters, Alpine Capital Management’s Technology sector analysts predict that Chinese retailers will generate in excess of $1 trillion of online sales by 2019.
“If we consider the massive emerging middle classes and the widening availability of lower-priced mobile devices, we can clearly see that the demand for online retailing is set to benefit existing platforms such as Alibaba and JD.com, whilst paving the way for new opportunities as the market becomes more defined”, commented Cai Hanchao, Alpine Capital Management’s Chief Tech-analyst.
Reported in 2013, China has held the top spot as the world’s largest e-commerce market since online sales surpassed $307 billion. According to the Forresters report this figure are estimated to exceed $440 billion in 2015 and are set to continue at a compounded rate upwards of 20% until the figure reaches 1 trillion in 2019.
“The two main players in online retailing at this time are without doubt Alibaba and JD.com, who dominate market share within China account for 57% an 21% respectively. The attention created by Alibaba’s public listing at the end of 2014 highlights the company as the clear leader as it’s two most successful platforms, TMail and Toabao combine to deliver 85% of Alibaba’s bottom line,” continued Mr. Hanchao.
As was evident in Alibaba’s initial public offering at the end of 2014, which raised a US corporate listing record of $25 billion, there is definite scope for growth as the company continues to invest in its continuing operations whilst exploring logistical improvements as it seeks to present a same day delivery service to its customers.
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Agency / Source: Alpine Capital Management
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Alpine Capital Management
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Contact: Jessica Lisheng - AlpineCapitalMgmt.com
+852 5808 2370  pr[.]alpinecapitalmgmt.com
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