U.S. E-commerce sales reached 75 billion U.S. dollars in the second quarter, an increase of 15.3%

Summary: U.S. Commerce Department 15th released a report, the second quarter of the U.S. E-commerce sales reached 75 billion U.S. dollars, an increase of 15.3%. When the quarterly sales accounted for 6.4% of the total retail sale, a record high, compared with 5 in the same period last year.

The U.S. Commerce Department 15th released a report, the second quarter of the U.S. E-commerce sales reached 75 billion U.S. dollars, a year-on-year increase of 15.3%. When the quarterly sales accounted for 6.4% of the total retail sale, a record high, compared with 5.8% in the same period last year, 6.2% in the first quarter.

Despite the slowdown in overall U.S. retail sales in the past few months, the growth in sales has continued to accelerate. In the second quarter, sales grew by 4.9%, the highest level in a year.

In the first half of the year, sales of U.S. electric dealers were exceptionally eye-catching compared with traditional sales, with sales expected to rise from $260 billion a year to more than $300 billion trillion this year, according to the head of consumer economics at IHS Global perspective.

Now many chain retailers are seeking to enter the online market to expand market share and subsidize weak physical store sales. Wal-Mart, the world's largest retail chain store, reported a year-on-year increase in net sales of 2.8% to 119.3 billion dollars, compared with 24% per cent growth in e-commerce sales. Its online sales in the US, UK, China and Brazil have achieved double-digit growth. Wal-Mart also said it would invest 160 million dollars further to build e-commerce business.