Do you know that the mobile phones were first designed to access the Internet in 1999? But the targeted effect of this innovation began to be fully experienced just a few years back. Right now mobile phones are widely being used to access the net and its accessibility graph is approximately 50% of the total.
The News
China's online population grew to 457 million in 2010 as the use of mobile phones to surf the net spread rapidly. This was a 73 million increase over the year of 2009.
The online population growth is not only in surfing the net, but also in the appetite for online shopping - hello online marketers!
To quench the thirst of their increasing customer base, China's largest e-commerce firm, Alibaba Group, and its financing partners are planning to spend $4.5 billion (30 billion Yuan) setting up a network of warehouse across the country.
In a report by Reuters:
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