Chinese consumers spent $4.43 bln on Internet-based purchases of electronics in first nine months of 2009

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Chinese consumers spent $4.43 bln on Internet-based purchases of electronics in first nine months of 2009

Beijing. October 15. INTERFAX-CHINA - Chinese consumers spent RMB 30.22 billion ($4.43 billion) on Internet-based purchases of consumer electronics products in the first three quarters of 2009, according to an Oct. 14 online report released by 51mdq.com, China's largest online business-to-consumer (B2C) consumer electronics retailer.

From January to September, 360buy.com, 51mdq.com and newegg.com were ranked the top three B2C online consumer electronics retailers in terms of revenue, according to the report.The report forecasted that Chinese consumers will spend over RMB 40 billion ($5.86 billion) on the online purchase of consumer electronics by the end of 2009. -CG