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Jan 30, 2017
E-Commerce
The Trend
E-commerce, or the retail sales of goods and services to consumers using the internet, is a secular trend 1 that’s been in the making since the internet went fully commercial circa 1995.
Some Facts
It is hard to find another area of the economy that is growing as fast as e-commerce.
In 2016, total retail sales (off-line and online) are forecast to be about $22 trillion globally, with e-commerce making up 8.7%, or $1.9 trillion. Worldwide retail e-commerce...