Mar 8, 2002

CONNECTIONS: Comment - Unresolved issues crimp Asia's online shopping growth

Asia's developed markets continue to lead the world in internet penetration. However, despite strong growth over the past year, when it comes to business-to-consumer ecommerce these same Asian countries continue to lag the rest of the world.

In January, 58 per cent of Korean households had an internet connection via a home PC, the highest percentage globally. This was followed by Singapore and Sweden, at 57 per cent, and Hong Kong's 56 per cent. The US now lags these four countries with respect to home internet connections, with a penetration of 54 per cent.

The above figures contrast strongly with those that relate to online purchase. In Hong Kong, for example,...

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