World's e-shopping trends revealed

[photo: from dfic.cn]

The aftermath of Singles' Day sale is staggering: totals surged to around $25 billion across Chinese e-commerce platforms, making up 40 percent of global online sales.

According to data from National Academy of Economic Strategy, China dominated world e-commerce in 2016, recording $750 billion in sales, more than the US ($312 billion), UK ($150 billion) and Japan ($90 billion) combined.

Chinese did not spend the most online per capita in 2016. That honor went to the UK at $3,456 per person, followed by France at $1,925.

What does e-commerce data say about shopping habits around the world?

In Germany, middle-aged and senior citizens are the main consumers on e-commerce sites, especially those ages 55 and older.

But very few in the country are using mobile payment platforms, at only 7 percent.

According to research organization eMarketer, South Korea takes the title for largest percentage of population shopping online at 72.2 percent.

The audio clip is from Studio+, produced by CRI.