A PayPal-commissioned study conducted by Nielsen shows Hong Kongers spent US$1.9 billion on online shopping last year and are expected to spend US$2.5 billion by 2015. "Shopping via mobile devices is creating enormous opportunities in e-commerce for local businesses," Kerry Wong, general manager of PayPal Hong Kong, Korea and Taiwan, said. Nearly seven out of 10 Hong Kongers are embracing mobile shopping, according to PayPal.
HK retailers must play catch-up to tap potential of mobile shopping
HONG KONG - Online shopping is not only getting more popular, it is going mobile, and this creates both opportunities and implications for local retailers.
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