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PARIS, Could 4 — The Covid-19 pandemic supplied a lift for e-commerce final 12 months, however the digital windfall was not loved equally throughout the board, a UN research discovered yesterday.
“Though it’ll take a while to get the complete image of the influence of Covid-19 on e-commerce… quite a few developments level to the sturdy rise in e-commerce in 2020,” mentioned the report by the UN Convention on Commerce and Growth (UNCTAD).
The research crunched information from seven nations — Australia, Britain, Canada, China, Singapore, South Korea and the US — representing some two-thirds of on-line commerce.
On-line gross sales rose 59 per cent in Australia, 46.7 per cent in Britain, 32.4 precent in the US and 14.6 per cent in China.
Turnover rose by 22.4 per cent final 12 months to US$2.5 trillion (RM10.2 trillion), having elevated by some 15 per cent in 2018-19, UNCTAD mentioned.
In contrast, total retail gross sales declined by one per cent.
“These statistics present the rising significance of on-line actions,” the report’s creator, Torbjorn Fredriksson, advised AFP.
In addition they underscore the necessity for nations, particularly creating states, to make use of such information as they rebuild from the pandemic, mentioned Shamika Sirimanne, head of UNCTAD’s expertise and logistics part, in an announcement.
A standout performer was Jumia, Africa’s on-line retail big, whose transactions jumped by greater than 50 per cent in quantity within the first six months of 2020 in contrast with the primary half of 2019, Fredriksson mentioned. — ETX Studio
— to www.malaymail.com