China's online payment market rose 181% in 2008

02-25-2009

Feb. 25, 2009 (China Knowledge) - Last year China saw its online payment market jump 181% to a record high, said iResearch, a Shanghai-based research firm. The country's online payment volume last year climbed to RMB 274.3 billion from RMB 97.6 billion (US$14.27 billion) in 2007, due to increases in online shopping and e-ticket purchases, said the company. Online shopping accounted for 38% of on

 

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