Look no hands | Main | M S is coming up...
Woo-ha; e-commerce in China There's e-commerce gold in them thar…um, bear with me. No, can't finish that one, I meant in China. Yes, it seems as with laptop manufacturing and software development, the Orient is becoming an increasingly attractive place for firms which facilitate e-commerce.
, which makes e-commerce software for businesses, yesterday announced a major new customer; online marketplace , which presumably got its name because the founders were fans of the Al Pacino classic, Scent of a Woman (go on, watch it if you don't believe me). Then there is Japanese online shopping mall Rakuten, which is planning to expand west, possibly later this year, as its home market stagnates – according to that paper with the girly pink pages, that is. ATG claims the potential for growth in China is significant, which is not hard to see, if its figures add up; there are 123 million internet users in China but only 24 percent currently shop online, according to the e-commerce specialist.
Now I'm no expert but…it would certainly seem to pay off to get in there early, especially when there is such a rich seam of online gold to be mined.