China is the second largest economy in the world in terms of real GDP, and at $1,535B (US) revenue in 2022, it boasts the world's largest eCommerce market. With its sizeable middle-class consumption market and 72% of the population already shopping online, China is one of the most appealing regions for merchants looking to expand their reach cross-border.
Read this eBook for a primer on the state of digital commerce in China and get details on need-to-know aspects, such as:
- The structure of the eCommerce market in the country and why analysts expect it to expand further in coming years.
- Product and service categories predominantly bought online in China and shopper considerations for online purchases.
- Payment method preferences among shoppers and expectations related to the checkout experience.
Get up-to-date market metrics and insights to help you enter the Chinese eCommerce market and take on established regional players.
About 2Checkout (now Verifone)
Verifone is the payments architect shaping ecosystems for online and in-person commerce experiences, including everything businesses need - from secure payment devices to eCommerce tools, acquiring services, advanced business insights, and much more. As a global FinTech leader, Verifone powers omni-commerce growth for companies in over 165 countries and is trusted by the world's best-known brands, small businesses and major financial institutions. The Verifone platform is built on a four-decade history of innovation and uncompromised security, annually managing more than 12B transactions worth over $500B on physical and digital channels.
Verifone's 2Checkout platform is an all-in-one monetization solution helping clients drive global sales growth across online channels. Its digital services, including global payments, subscription billing, merchandising, taxes, compliance and risk, help clients stay focused on innovating their products while delivering exceptional customer experiences.
Get more information at 2Checkout.com
