E-commerce market in GCC to reach Dhs72.29 billion in 2020
- Date: 15-Sep-2020
- Source: Gulf Today
- Sector:Financial Markets
- Country:user-top-picks
E-commerce market in GCC to reach Dhs72.29 billion in 2020
Officials during the RetailME virtual roundtable.
Business Bureau, Gulf Today
Global retail sales were projected to reach $25.04 trillion in 2021 and $26.7 trillion in 2022, up from approximately $23.6 trillion in 2018, according to Statista, an online tracker of global economy and retail sector.
In 2019, e-retail sales accounted for 14.1 per cent of all retail sales worldwide. This figure is expected to reach 22 per cent in 2023.
The e-commerce market size is expected to reach $19.7
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