By 2018, the Chinese online fashion market is forecast to be larger than that of the USA and Europe combined. This according to the latest report from the Statista Digital Market Outlook. The analysis reveals, with turnover of 126 billion U.S. dollars in 2016, China is already by far the leader for online fashion but by 2018 this turnover is expected to reach 194 billion - eclipsing that of the USA and Europe. The biggest players in China are currently Tmall, JD and VIP.com.
Our analysts also released the "Electronics & Media Outlook" report this week. You can download it for free, here.
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