Geneva, The COVID-19 pandemic led to increase the share of retail sales via the Internet at a percentage ranging from 16 to 19% in 2020.
A United Nations Conference on Trade and Development (UNCTAD) report explained that the e-commerce jumped to $7.26 trillion last year.
South Korea ranked atop, in this regard, as its e-commerce rose by 9.25%.
The UNCTAD called on the world countries to take into consideration such leap in the e-commerce, during the economic restructuring that would follow, in the wake of the pandemic.
Source: Saudi Press Agency