According to the Adobe Digital Economy Index, eCommerce worldwide reached $876 billion in the first quarter of 2021. And even as stores begin reopening consumers are continuing to do more shopping online.
Reasons for rapid growth
The cross-border e-commerce industry itself has been on a fast track due to the rise of the mobile internet in recent years, becoming a major consumer platform for the younger generation. At the same time, coupled with the continued volatility of overseas epidemics and the impact of city closures since last year, many users who rely on traditional offline consumption have gradually shifted their consumption channels online, making the overall market growth potential huge and attracting the attention of global businesses.
【Source text:by report】