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50% of all Internet users will make online purchases in 2008

China’s online population is forecast to grow from 275 mln users in 2008 to 375 mln users in 2012, according to IDC. Nearly half of all Internet users will make online purchases in 2008. By 2012, there will be more than 1 bln online buyers worldwide making business to consumer transactions worth $1.2 trillion. Business [...]

China’s online population is forecast to grow from 275 mln users in 2008 to 375 mln users in 2012, according to IDC. Nearly half of all Internet users will make online purchases in 2008. By 2012, there will be more than 1 bln online buyers worldwide making business to consumer transactions worth $1.2 trillion. Business to business e-commerce will be ten times larger, reaching $12.4 trillion worldwide in 2012.