Know what’s pulling down India’s $1.8 trillion economy
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Ever since the According to the business-to-consumer (B2C) e-commerce readiness ranking of 130 countries released by the UN Conference on Trade and Development (
Among developing and emerging economies, the front-runners are all in East Asia, namely the Republic of Korea, Hong Kong (China) and Singapore (see table). Meanwhile, in terms of actual levels of
UNCTAD secretary-general Mukhisa Kituyi said, “As the digital
The UNCTAD report notes that the scope for developing countries to participate in and benefit from e-commerce is expanding.
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· Second, new e-commerce applications, platforms and payment solutions are making it easier to engage in online retail.
· Third, local e-tailers with online shopping services tailored to local demands are rapidly appearing in developing countries, including in least developed countries.
The global
(Image: Thinkstock)
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