It’s That DIY Celebration time! For personal shoppers across the globe essentially the most well-known type of e-commerce falls into the enterprise to consumer (B2C) category, which incorporates online retail or online procuring. It refers to online purchases from bricks-and-mortar retailers, comparable to Walmart, in addition to from web-solely on-line retailing companies resembling (largest on-line retailer ) or Rakuten. In 2017, an estimated 1.66 billion folks worldwide buy goods online Throughout the same yr, international e-retail gross sales amounted to 2.three trillion U.S. dollars and projections present a development of as much as 4.forty eight trillion U.S. dollars by 2021. In Asia Pacific, e-retail gross sales accounted for 12.1 p.c of retail gross sales in 2016 but only for 1.eight p.c of retail sales in the Center East and Africa.
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