China Internet Watch https://www.chinainternetwatch.com China Internet Stats, Trends, Insights Wed, 11 Jan 2012 03:12:20 +0000 en-US hourly 1 https://www.chinainternetwatch.com/wp-content/uploads/cropped-ciw-logo-2019-v1b-80x80.png China Internet Watch https://www.chinainternetwatch.com 32 32 Third Party Payment in 2011 Exceeded 2 Trillion Yuan https://www.chinainternetwatch.com/1349/third-party-payment-in-2011-exceeded-2-trillion-yuan/ https://www.chinainternetwatch.com/1349/third-party-payment-in-2011-exceeded-2-trillion-yuan/#respond Thu, 12 Jan 2012 02:03:13 +0000 http://www.chinainternetwatch.com/?p=1349 China Online Payment Market Size 2006-2015e
China Online Payment Market Size 2006-2015e

China’s third party online payment continues to maintain strong growth in 2011 with an estimated total transaction exceeding 2 trillion yuan (2,203.8 billion yuan or USD 349 billion), up 118%.

China Online Payment Market Share in 2011

Market Share of Top Online Payment Providers in China

Alipay is still the dominant player in China’s online payment with 49% market share, followed by Tenpay and China Pay. Online shopping in China continued rapid growth in 2011, reaching 800 billion yuan.

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