what are the features about e-commerce and mobile phones?

China e-commerce going mobile
Another new trend of 2013 is e-commerce going mobile. Mobile phones are the most used way for Chinese internet users to get online.
Alibaba’s e-commerce sales are now more than the sum of eBay and Amazon sales.
In China, Alibaba is responsible for about 80% of all online commercial transactions, and its revenue takes up as much as 2 percent of China’s GDP. But for its founder Jack Ma, thats just the beginning.
He believes that China’s online sales will surpass traditional retail by 2020.
"I believe next year or the year after, most retail developers will not invest heavily in commercial real estate anymore, and that will bring down housing prices nearby. I hope it will also bring down retail prices as well. I think its not difficult to reach 100 billion yuan sales for double 11 in a few years but that’s not our goal here." Jack Ma, Founder of Alibaba said.
The most significant development is that a quarter of Alib