Latest From Our Blog

Online shopping set to break record in 2020, according to new data

Online shopping set to break record in 2020, according to new data

  • Statistics Canada’s new data shows that ecommerce doubled between February and May of this year, though growth has slowed since reaching CA$4 billion in May
  • Despite slowing, it is still estimated to beat 2019’s total ecommerce sales of $305 billion. This figure includes business-to-business sales as well as retail purchases
  • Last year, online sales made up 8% of revenue for Canadian businesses, though estimates put it as high as 39% for large businesses this year, and 23% for small businesses.

Source : https://www.ctvnews.ca/mobile/business/online-shopping-set-to-hit-record-this-year-in-canada-1.5201070

 

No Comments

Leave a Comment