According to the market researcher, iResearch, the market's transaction scale is estimated to skyrocket by 204.8 percent on year in 2009 to hit 640 million yuan.
The market researcher believes that the mobile e-commerce market has a cheerful prospect, as many wireless e-commerce operators and traditional ones set foot in the field.
However, the market is still at the initial stage with the growth stunted by such factors as credit deficiency, imperfect mobile payment system, and a boundary between mobile e-commerce and traditional industries.
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