China and Hong Kong lead eBay’s charge through Asia – and the world

The growing influence of Asia as a center for the world of e-commerce has been reflected by the first-ever look into the workings of the region's eBay network.

The inaugural "eBay Asian Exporters' Index" was released Monday, after being put together using internal data from eBay itself as well as a Nielsen (WEB) survey that charted the workings of eBay sellers who were shifting sales of more than US$100,000 (70,000 euro) annually.

The Index found that overseas sales from large, mainland China-based sellers had increased 34 percent in 2010, while in Hong Kong the same sort of sellers had enjoyed a sales increase of 14 percent.

Overall, while eBay says it expects more than 140 million parcels to head out from Asian sellers in 2011, that figure is expected to storm past 200 million next year.

eBay reported that the top five categories being sold by its mainland Chinese sellers were clothing and accessories, jewelry, gems and watches, mobile phones and accessories, computers and consumer electronics.

In Hong Kong, meanwhile, those categories moving the most merchandise were listed as photographic equipment, computers and accessories, mobile phones and accessories, jewelry, gems and watches, and clothing and accessories.

eBay has an estimated 97 million registered users worldwide but has found business in China to be so far tricky in a market dominated by the locally-run Alibaba group. Despite this, eBay still recorded around US$4 billion (2.8 billion euros) in sales across the Asia-Pacific region in 2010, according to industry reports.

The big lure for all e-commerce businesses is the fact that more than one-third of China's estimated 485 million internet users shopped online last year. That means around 161 million hungry shoppers looking for a bargain.

And the numbers get even more impressive when you talk about cold, hard cash. Online sales in China in 2010 reached past the 523 billion yuan (57 billion euros) mark.

MS

Have you tried new the Independent Digital Edition apps?
Life and Style
ebookNow available in paperback
ebooks
ebookA delicious collection of 50 meaty main courses
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

ES Rentals

    iJobs Job Widget
    iJobs General

    Recruitment Genius: IT Support Engineer

    £18000 - £22000 per annum: Recruitment Genius: The company provides IT support...

    Recruitment Genius: IT Manager

    £45000 - £55000 per annum: Recruitment Genius: This manager is for a successfu...

    SThree: Trainee Recruitment Consultant

    £18000 - £23000 per annum + Uncapped Commission: SThree: As a Trainee Recruitm...

    SThree: Trainee Recruitment Consultant

    £13676.46 - £15864.28 per annum + Uncapped Commission: SThree: As a Trainee Re...

    Day In a Page

    Sepp Blatter resignation: The beginning of Fifa's long road to reform?

    Does Blatter's departure mean Fifa will automatically clean up its act?

    Don't bet on it, says Tom Peck
    Charles Kennedy: The baby of the House who grew into a Lib Dem giant

    The baby of the House who grew into a Lib Dem giant

    Charles Kennedy was consistently a man of the centre-left, dedicated to social justice, but was also a champion of liberty and an opponent of the nanny-state, says Baroness Williams
    Syria civil war: The harrowing testament of a five-year-old victim of this endless conflict

    The harrowing testament of a five-year-old victim of Syria's endless civil war

    Sahar Qanbar lost her mother and brother as civilians and government soldiers fought side by side after being surrounded by brutal Islamist fighters. Robert Fisk visited her
    The future of songwriting: How streaming is changing everything we know about making music

    The future of songwriting

    How streaming is changing everything we know about making music
    William Shemin and Henry Johnson: Jewish and black soldiers receive World War I Medal of Honor amid claims of discrimination

    Recognition at long last

    Jewish and black soldiers who fought in WWI finally receive medals after claims of discrimination
    Beating obesity: The new pacemaker which helps over-eaters

    Beating obesity

    The new pacemaker which helps over-eaters
    9 best women's festival waterproofs

    Ready for rain: 9 best women's festival waterproofs

    These are the macs to keep your denim dry and your hair frizz-free(ish)
    Cycling World Hour Record: Nervous Sir Bradley Wiggins ready for pain as he prepares to go distance

    Wiggins worried

    Nervous Sir Bradley ready for pain as he prepares to attempt cycling's World Hour Record
    Liverpool close in on Milner signing

    Liverpool close in on Milner signing

    Reds baulk at Christian Benteke £32.5m release clause
    On your feet! Spending at least two hours a day standing reduces the risk of heart attacks, cancer and diabetes, according to new research

    On your feet!

    Spending half the day standing 'reduces risk of heart attacks and cancer'
    With scores of surgeries closing, what hope is there for the David Cameron's promise of 5,000 more GPs and a 24/7 NHS?

    The big NHS question

    Why are there so few new GPs when so many want to study medicine?
    Big knickers are back: Thongs ain't what they used to be

    Thongs ain't what they used to be

    Big knickers are back
    Thurston Moore interview

    Thurston Moore interview

    On living in London, Sonic Youth and musical memoirs
    In full bloom

    In full bloom

    Floral print womenswear
    From leading man to Elephant Man, Bradley Cooper is terrific

    From leading man to Elephant Man

    Bradley Cooper is terrific