Singaporeans biggest online spenders: survey

Agence France-Presse

SINGAPORE -
Singaporeans and
South Koreans are the
region's biggest online
spenders, a survey by
MasterCard said
Tuesday.

Singapore online
shoppers spent 770.70
US dollars over a
three-month period,
followed by South
Koreans who spent
707.50 dollars, the
survey found.

It studied the
behavior of more than
4,000 people with
bank accounts who
used the Internet at
least once a week, in
Hong Kong, mainland
China, Australia,
Japan, India and
Thailand as well as
Singapore and South
Korea.

Online shoppers in
Thailand spent the
least, at 406.30
dollars over the three
months, while those in
Japan spent 581.00
dollars, the survey
said.

Shoppers in the region
averaged 3.1
purchases during the
period, it said.

It added that 63
percent of survey
respondents said they
made purchases
online. That figure
was even higher in
Japan and South
Korea, where 83
percent said they
shopped using the
Internet.

The MasterCard study
said that by 2010
China's online
shopping population is
projected to increase
to 480 million,
contributing 58.6
percent of the
region's total online
shopping population,
up from 49.9 percent
now.

India's online shopping
population is also set
to increase rapidly
and is poised to
overtake Japan and
Korea in terms of the
share of over regional
Internet shoppers,
MasterCard said.

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