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E-commerce forecast to be 25 percent of global retail by 2024

The Wall Street Journal 12/16/2020

A Group M forecast says that global retail e-commerce will total $3.9 trillion in 2020, or 17 percent of global retail sales, excluding food and delivery services. The total is expected to rise to $7 trillion by 2024, or 25 percent of retail sales, and hit $10 trillion by 2027.

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