China online earnings reach 11 billion dollars in 2009

Relax News
Monday 18 January 2010 20:00 EST
Comments
(???? TAOBAO.COM)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Chinese firms earned nearly 11 billion dollars from their Internet operations last year, a research group said Monday, as the nation with the world's biggest online population becomes more web-savvy.

Online revenue generated by advertising, games, shopping and other activities rose more than 30 percent on-year to 74.3 billion yuan, Cao Junbo, a senior researcher at Internet consulting group iResearch, told AFP.

The research group expects online revenue to reach 112.3 billion yuan this year and 273.4 billion yuan in 2013, Cao said.

China has at least 384 million Internet users, more than any other country in the world, according to a new tally released last week by the China Internet Network Information Centre (CNNIC), a government-linked industry body.

By the end of June 2009, the number of online shoppers in China had reached 87.88 million, meaning roughly one in four Internet users shopped online, according to a report by the centre.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in