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“China’s Ministry of Commerce released today its official estimate of 2013 online retail sales, confirming what many already suspected: Chinese consumers now buy more online than do their U.S. counterparts.

Online retail sales in China in 2013 totaled 1.85 trillion yuan ($296.57 billion) in 2013, representing 41.2% growth from 2012—triple the growth rate of overall retail sales in China, according to the Ministry of Commerce. China’s online shopping total is 13.0% more than 2013 U.S. e-retail sales of $262.51 billion, which grew 16.9% in 2013, according to the U.S. Department of Commerce.”

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Decoded Fashion - Fashion Tech Daily - e commerce

Decoded Fashion - Fashion Tech Daily

 

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4. WiFi-Enabled Onesie Is A Walking Music Library

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