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Covid: mixed luck for e-commerce companies as top sales $ 26.7 trillion – KBC

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PHOTO | UNCTAD

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Global e-commerce sales increased 4% in 2019 to $ 26.7 trillion compared to the $ 25.6 trillion recorded a year earlier according to estimates by the United Nations Conference on Trade and Development (UNCTAD).

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In its preliminary assessment, UNCTAD says the share of online retail sales of wholesale retail sales has also increased from 16% to 19% by 2020 because of movement restrictions imposed by COVID-19.

“These statistics show the increasing importance of online activities. They also mention the need for countries, especially developing countries, to have such information as they build their economy after the COVID-19 disaster, “said Shamika Sirimanne, UNCTAD’s director of technology and transportation.

Of the total online sales registered in 2019, the company in 10 countries including the USA, China, Japan, South Korea, France, the United Kingdom, Germany, France, Spain and Australia cost $ 20.2 trillion in sales.

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According to UNCTAD, of the 13 top e-commerce companies in the world, 7 companies came from the USA, followed by China and four, Japan 1 and Canada 1.

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