Singapore e-commerce market set to grow to $33.3B by 2028 Singapore News

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

SINGAPORE: Singapore’s e-commerce sector is poised for significant growth, with a compound annual growth rate of 8.9% projected to propel the market to $33.

3 billion by 2028, according to a report by GlobalData.

The sector has already seen remarkable growth in recent years, with the e-commerce market surging at a CAGR of 25.3% between 2020 and 2023, reaching a valuation of $21.2 billion. In terms of payment preferences, traditional payment cards continue to dominate the landscape, largely due to benefits such as cashback, rewards programs, and instalment options.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker