In 2020, e-commerce will account for 19% of global retail sales, up from 16% in 2019. According to McKinsey, economic growth has grown by two to five times since the Covid-19 pandemic began. In 2021, global e-commerce sales are expected to reach $4.921 trillion. Asia-Pacific accounts for the majority of these transactions, accounting for 62% of all retail transactions. The remaining transactions are split between North America and Western Europe. […]
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