Global e-commerce sales surged to $29 trillion: UNCTAD

The global trade body also highlighted that a similar surge was seen in the number of online shoppers, which jumped by 12% to 1.3 billion people, or one quarter of the world’s population. Though most Internet buyers purchased goods and services from domestic vendors, the share of those buying from abroad rose from 15% in 2015 to 21% in 2017. The growth was driven mainly by an increase in sales in the United States. Meanwhile, cross-border business-to-consumer (B2C) sales reached...
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