M2 PRESSWIRE-September 2, 2019-: Singapore
B2C E-Commerce Market Report 2019: Online Shopping Enhanced by Mobile and Cross-Border Purchasing Trends
Cross-border shopping from Malaysia is a further active trend helping increase total
B2C E-Commerce sales in the country.
'A competitive
B2C E-commerce ecosystem, as reflected by the index, appears to be enticing foreign investment.
The 2018
B2C E-commerce Index was launched at the first Africa eCommerce Week in Nairobi, Kenya.
According to the 'Middle East
B2C E-Commerce Market 2018,' with high internet and mobile penetration rates in the Gulf countries, combined
B2C e-commerce sales are expected to more than double between 2017 and 2020 to reach $20 billion.
B2C e-commerce activities in Egypt were estimated to have reached $544m in 2015/2016.
Online retail is a part of
B2C e-commerce and refers to commerce activities over the Internet.
THE PHILIPPINES ranked 89th out of 137 countries and territories worldwide in terms of readiness to support online shopping and other business-to-consumer electronic commerce (or
B2C e-commerce), according to the United Nations Conference on Trade and Development (Unctad).
UNCTAD
B2C E-Commerce Index is topped by Luxembourg, Iceland, Norway, Canada, Japan, Britain, Switzerland and New Zealand.
The report, titled "Middle East
B2C E-Commerce Market 2015", finds that amidst a booming retail environment,
B2C E-Commerce is just evolving in the Middle East and has much room for growth.