Turnover at Tmall.com and Taobao.com tops 1 trillion yuan (2)

The most favored two categories of products by consumers were clothing, and 3C digital products (computers, communication and consumer electronics), accounting for 30.3 percent and 18.6 percent of the total turnover respectively.

About 800 million items are on sale at stores on the two online platforms that attract more than 60 million visitors a day. As many as 48,000 items are sold out every minute on Taobao.com alone.

Transaction volume on Taobao.com, which was founded in May 2003, reached 20 million yuan in that same year.

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