14 Jul 2022 By PAYCEC
There are 1.8 million online retailers in the United States and 7.1 million worldwide. Every year, approximately 2.05 billion people purchase a product online. In 2019, the global value of eCommerce sales reached $3.5 trillion.
In 2021, the global fashion e-commerce market is expected to be worth $142.8 billion and mobile devices will account for approximately 72.9 percent of all online orders. Return requests account for 30% of all online purchases.
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