GENEVA (AN) — Global online sales among seven major economies jumped to almost one-fifth of all retail sales last year as more people turned to e-commerce during the coronavirus pandemic, the U.N. Conference on Trade and Development reported on Monday.
Lockdowns and other restrictions that kept people confined to their homes collectively boosted the online share of retail sales in Australia, Canada, China, Singapore, South Korea, the United Kingdom and the United States to 19% in 2020, up from 16% a year earlier, Geneva-based UNCTAD said in its report.
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