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UNCTAD: Online shopping surges to 19 pct. of retail sales

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The share of online sales in total retail sales worldwide annually soared by three percentage points to 19 percent in 2020, according to a study published by the United Nations Conference on Trade and Development (UNCTAD) on Monday.

NEWS IN ENGLISH 03.05.2021, 15:34
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UNCTAD: Online shopping surges to 19 pct. of retail sales
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The countries which registered the biggest retail share of over 20 percent when it comes to online shopping are South Korea, China and the United Kingdom. Meanwhile, the global e-commerce sales expanded by 4.0 percent to 26.7 trillion dollars according to UNCTAD's data for 2019.

The figures were widely boosted by the coronavirus-related lockdown measures that were present in some form throughout the whole of 2020, with companies such as Alibaba and Amazon leading the industry.
 

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