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3 Chinese Mobile E-Commerce Stocks to Buy

VIPS, CMGE and TCEHY lead China’s booming segment.

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China’s e-commerce numbers are in, and according to the firm iResearch, China’s e-commerce sector has grown “27.6% from a year ago to 456 billion yuan in transaction value,” as reported in Barron’s. The data from iResearch showed that, while so-called consumer-to-consumer (C2C) e-commerce accounted for 60% of the total transaction value, the or business-to-consumer (B2C) segment experienced the faster improvement, with year-over-year growth of 44.6%.

China MapThe boom in China’s e-commerce segment is mostly driven by the mobile e-commerce segment, as most Chinese access the web and do all sorts of business direct from their handsets. In fact, Mobile e-commerce grew 141% year-over-year in the first quarter, according to iResearch, and “Mobile e-commerce now accounts for 14% of the total market.”

The massive market that is China’s e-commerce is dominated by soon-to-bepublic Alibaba Group, which is 22% owned by Yahoo (YHOO). The Alibaba IPO could be the biggest tech-IPO ever, as investors realize the tremendous growth opportunity in the Chinese e-commerce space.

Yet investors don’t have to wait for Alibaba to go public to take advantage of China’s e-commerce stocks. Here are three ways you can that right now.

Article printed from InvestorPlace Media,

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