Friday, 24 March, 2023

Global ecommerce sales are expected to decline for first time ever

<p>For the first time ever, supply chain problems and rising prices are expected to cause this year&#39;s worldwide e-commerce revenues to decline. This year, $3.74T in sales are anticipated for the sector, which is $95B less than in 2021. The current financial year will continue to be unstable, therefore it will need to come up with clever solutions to new problems. The market is likely to experience a decline in ecommerce revenue in 2022 due to worldwide market challenges.</p>