August 13, 2007

Online book shopping rises in China.

Online book shoppping in China has been grown dramatically as its national reading ratio decreased in the past six years, says AC Nielsen Consulting Group. In China, 63 percent of all online users having made purchases of some kind, and a full 56 percent of those having purchased books online. According to Nielsen’s report China is the world leader in online book-purchasing.
However, the figure hasn't been updated yet but the rate is definitely higher," said Li Guoqing, CEO of Dangdang.com, China’s top online shopping platform. Online book shopping gave people to have more options to choose their books online. traditional bookstores are taking a hit from the growth of shopping as they are forced lower prices on order to compete with ecommerce websites that have less overhead. For this we can take an example of rececntly release of Harry Potter and the Deathly Hallows which have been a winfall for bookstores.