Mobile E-Commerce in Asia Pacific Jumps 113 Percent in 2015
Asia Pacific continued to lead global e-commerce in 2015, after taking over the top spot in 2013, said a Euromonitor report Tuesday. Mobile e-commerce sales for the region, comprising 14 economies, grew 113 percent to $200 billion, it said. The…
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report cited increasing demand for convenience in Asia, driven by urbanization, smaller households and an “on-demand culture.” Overall retail sales for the top 500 retailers in the region slipped 5 percent in 2015 to $964 billion, due to the strong U.S. dollar, Euromonitor said.