Why Covid is positive for e-commerce – ZAWYA

Why Covid is positive for e-commerce – ZAWYA

According to Dubai CommerCity, e-commerce market is projected to reach Dh95.42 in billion in Middle East, Dh40.37 billion in GCC and Dh16.88 billion in the UAE.. But due to the outbreak of Covid-19, this growth rate in e-commerce will mostly pick up speed this year. ". Offline retailers at riskDubai Future Foundation said a significant number of mainly offline retailers are at risk. ". The pandemic is forcing the closure of 'bricks-and-mortar' retailers around the world as consumers switch to online shopping and this represents an urgent call to action for landlords and governments to provide a lifeline for struggling offline retailers.". This in turn creates an opportunity for governments to ensure that their smaller retailers with limited online presence are not left behind by providing them with an e-commerce platform of their own.. ClickPost noted that cash-on-delivery will see reduction in the UAE and the Middle East region on a long-term basis as more people will resort to digital payments due to Covid-19 pandemic..