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[外行报告] E-commerce: where to find increments [推广有奖]

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jerryshen88 在职认证  发表于 2018-11-15 11:54:43 |AI写论文

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E-commerce: where to find increments

招商证券(香港)Leo LIU


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  Although pressured by macro economy weaknesses, consumptionwill still be the major GDP driver for the next few years (58.8%contribution in 2017), and online consumption will take the lead  E-commerce increments are expected to come from customercoverage expansions and customer value exploitations  BABA, JD, PDD and VIPS can co-exist in short to midterm, coveringdifferent segment of customers  E-Commerce market size is expected to double in four years  China is world’s largest e-commerce market with market size measured byonline retail sales value totalled RMB7.2tn in 2017, growing at a CAGR of41% during 2012-2017. Such growing trend is expected to continue and themarket size is expected to reach RMB14.5tn in 2021E with a CAGR of 19%,according to Frost & Sullivan. With the highest e-commerce penetration ofover 20%, China’s e-commerce market is still growing much faster than otherregions, with future increments mainly coming from customer coverageexpansions (Page 6) and customer value exploitations (Page 14) 20181114-招商证券(香港)-E-commerce where to find increments.pdf (5.38 MB, 需要: 10 个论坛币)


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关键词:E-commerce increment Commerce creme Where

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jerryshen88(未真实交易用户) 在职认证  发表于 2018-11-15 16:52:17
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