More share buttons
Share on Pinterest

BEIJING: India is one of the main markets of focus for China’s major cross-border e-commerce players due to high potential for economic growth, according to a report today.

Five of the top 10 best performing cross-border e-commerce Chinese apps in the first five months — such as Club Factory, SHEIN, ROMWE and JollyChic – focussed on the Middle East and India markets, according to a report from app data provider App Annie.

According to the report, the Indian market enjoys a huge population and high potential for economic growth, thus attracting many e-commerce players to expand their presence, state-run Xinhua news agency said.

Smartphones are popular in Arab countries and local consumers have strong purchasing power. But the oil-rich countries lack textiles and other light sectors, offering cross-border e-commerce opportunities for products like apparel.

The report also showed that South American markets pose rising growth potential while developed markets in Europe and the United States remain attractive to Chinese e-commerce players.

Leave a Reply

Your email address will not be published. Required fields are marked *

DON’T MISS OUT!
Subscribe To Our Newsletter
Be the first to get latest updates and get tips for visiting exhibitions in Asia.
Stay Updated
Give it a try, you can unsubscribe anytime.

SPECIAL OFFER!

Get $50 off with Coupon Code
GET MY OFFER!
We’ve a Special Offer today!

 Get the Code and Save $100

GET COUPON
DON’T MISS OUT!
Subscribe To Newsletter
Be the first to get latest updates and exclusive content straight to your email inbox.
Stay Updated
Give it a try, you can unsubscribe anytime.
Join the
GREATEST
MAILING LIST
Be the part of
Smart Email Marketing
JOIN TODAY
X