Eguan published the report of Chinese third party on-line payment industry trend, and it continued rapid growth in 2011 too.
The report said its annual trade in 2011 was 2161000000000 RMB, and its growth was 99.0% compared with 2010.
And the report also said its annual trade in 2014 will reach 99429000000000 RMB.
The quarterly trade amount from Q4 '10 to Q4 '11 is as following:
In Q4'11 its annual trade amount was 738600000000 RMB, and its growth rate compared with Q3'11 was 30.9%
And this graph is a market share by each services.
#1 Alipay(Alibaba group) 46.0%
#2 Tenpay(Tencent group) 21.2%
#3 UnionPay 10.8%
#4 99bill.com 6.2%
#5 ChinaPnR 6.1%
According to this report, it may occur the movement such as acquisition in 2012, so we have to keep attention this market too :-)
Original article => Eguan
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