malaymail.com 04 May, 2021 07:00 am

Covid-19 pandemic boosted e-commerce in 2020, UN study shows

Covid-19 pandemic boosted e-commerce in 2020, UN study shows
PARIS, May 4 — The Covid-19 pandemic provided a boost for e-commerce last year, but the digital windfall was not enjoyed equally across the board, a UN study found yesterday. “Although it will take some time to get the full picture of the impact of Covid-19 on e-commerce... a number of...

The study crunched data from seven countries — Australia, Britain, Canada, China, Singapore, South Korea and the United States — representing some two-thirds of online trade.4 precent in the United States and 14.Online sales rose 59 per cent in Australia, 46.By contrast, overall retail sales declined by one per cent.

“These statistics show the growing importance of online activities,” the report’s author, Torbjorn Fredriksson, told AFP.A standout performer was Jumia, Africa’s online retail giant, whose transactions jumped by more than 50 per cent in volume in the first six months of 2020 compared with the first half of 2019, Fredriksson said.

Read full story at malaymail.com