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E-commerce market size set to gain from lockdown
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The e-commerce market in India is set to grow at a CAGR of 19.6% between 2019 and 2023, according to GlobalData The lockdown triggered by covid-19 is set to grow India’s e-commerce market to ₹7 trillion by 2023, according to GlobalData, a London-based data analytics firm. “The growth of Indian e-commerce market has been revised up, considering the positive push due to the coronavirus (covid-19) outbreak," said GlobalData estimates on Friday.
The e-commerce market in India is set to grow at a compound annual growth rate of 19.6% between 2019 and 2023, according to GlobalData.
As consumers move from in-store to online spending to avoid exposure to disease vectors, such as cash and point-of-sale terminals, e-commerce payments are set to
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COVID-19
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
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Russia
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Cases: 8 494 589
Deaths: 237 619
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