Which country has over taken the US to become the world’s largest online retail market?
Which country has over taken the US to become the world’s largest online retail market?
[A]India
[B]Singapore
[C]China
[D]Japan
China
China over took the US to become the world’s largest online retail market as its e-commerce revenues grossed $439 million last year constituting 7% of its GDP. According to US journal Statista, US online sales last year accounted to about $290 billion. In 2014, the number of online shoppers in China climbed to 361 million, representing 55.7% of the nation’s shoppers.