Summary
Asia Pacific contains both the largest and the fastest-growing eCommerce markets (China and India, respectively). Today, total online retail revenues in just five markets in Asia Pacific — China, Japan, South Korea, India, and Australia — surpass the combined figure for online retail in the US and all of Western Europe. In these markets, total online retail revenues will jump from $862 billion in 2016 to $1.4 trillion in 2021. This report looks at the growth in these markets over the next five years and some of the key trends shaping the development of online retail in each one.
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