eCommerce Report 2021

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      <subfield code="a">In 2020 global eCommerce market will cross the two trillion US$ threshold. With US$1,343.5 billion in sales in 2020, China is clearly number one in eCommerce and the report shows it will stay in the lead through 2025. A shift in purchasing power from the U.S. and Europe to China and Southeast Asia has begun, fueled by the growing number of Asian consumers gaining access to eCommerce due to growing purchasing power and internet penetration, especially on mobile devices.</subfield>
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