2016/08/24 9:00 AM
Sales in China grow as Asia dominates ecommerce, a new form of malware finds its way onto Mac computers, and you’d better not visit a blocked site in India. Want to catch up on your latest digital currency news? Check out the stories below.
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DOMINANCE IN ASIA
Thanks to a massive increase in Asia’s online shopping community, China is now set to become the world’s largest ecommerce retail market with nearly $5 trillion in sales, a number that’s slated to double by the year 2020. The U.S. ultimately falls into the number two category, a first for the western nation.
Forecasting director of eMarketer Monica Peart explains in a statement:
“Alibaba, Tmall and JD.com positioned themselves well to capitalize on growing consumer demand by creating their own payment systems and logistical services… In addition, with rising incomes and increased Internet…