Business Cooperation
Global e-commerce market
In recent years, due to the rapid development of information technology and the Internet economy, online shopping has become more and more popular. The global spread of the novel coronavirus epidemic, the closure of offline physical stores, and the increase in people's online consumption needs have prompted more and more companies, brands, and new retail platforms to enter the e-commerce market, and the scale of e-commerce continues to expand. The global e-commerce market continues to expand. The global retail e-commerce market will almost triple in size between 2014 and 2022. In 2021, global retail e-commerce sales will be approximately US$5.2 trillion. eMarketer expects this number to grow 56% over the next few years, reaching approximately $8.1 trillion by 2026.The Indian retail market is expected to reach USD 2 trillion by 2032, driven primarily by socio-demographic and economic factors such as urbanization, rising incomes and increasing number of nuclear families. On the other hand, the Indian e-commerce industry is expected to cross the US$350 billion mark by 2030, with a compound annual growth rate of 23%.
Indian e-commerce market space
The Indian e-commerce market is expected to exceed $55 billion in gross merchandise volume by 2021. Annual gross merchandise volume is expected to reach $350 billion by 2030. E-commerce and consumer internet companies raised $15.4 billion in private equity/venture capital funding in 2022, nearly double the approximately $8.2 billion raised in 2020. By 2030, India will become the third largest online retail market, and by 2050 it is predicted to become the world's largest e-commerce market, with an estimated annual total merchandise value of US$1 trillion.The Indian retail market is largely unorganized. But in the next 3-5 years, the share of modern retail (including e-commerce) will increase to 30-35%, while the share of traditional retail will drop to 65-70%.
Cooperation meeting
Special discount stores are currently in a period of rapid development. With special discounts and exclusive sales, the annual total merchandise volume has grown by 470% and has exceeded US$500 million so far. It is expected that the annual total merchandise volume will exceed US$10 billion in 2030. With rapid development, we will provide The society provides 100k jobs. No matter what nationality, denomination, profession, or age you are, you can shop or work on this platform.Seize the opportunity and join us sooner, the more competitive you will be and the benefit time will be longer. We will support more businesses and individuals. May all your wishes come true under this market dividend.