For private buyers across the globe probably essentially the most well-identified kind of e-commerce falls into the enterprise to shopper (B2C) class, which incorporates online retail or online shopping. It refers to on-line purchases from bricks-and-mortar retailers, akin to Walmart, in addition to from net-solely on-line retailing companies akin to (best on-line retailer ) or Rakuten. In 2017, an estimated 1.66 billion of us worldwide buy items on-line Throughout the identical yr, worldwide e-retail gross sales amounted to 2.three trillion U.S. dollars and projections present a progress of as much as four.48 trillion U.S. dollars by 2021. In Asia Pacific, e-retail sales accounted for 12.1 p.c of retail product sales in 2016 however just for 1.eight % of retail gross sales in the Center East and Africa.
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