Friday 7 July 2017

ASIA PACIFIC DRIVES GLOBAL MOBILE COMMERCE, RECORDING 64 PERCENT GROWTH IN 2016 TO REACH US$ 328 BILLION

SINGAPORE, July 7 (Bernama-BUSINESS WIRE) -- Euromonitor International and Retail Asia are proud to announce the launch of the 14th ‘Retail Asia Top 500 Retailers Ranking’. According to the report, mobile retailing represents the fastest growing digital channel in Asia Pacific, with sales totalling US$328 billion in 2016, an increase of 64 percent year on year. Mobile commerce accounts for over 50 percent of total digital commerce in China, Indonesia and South Korea. Euromonitor expects the region to reach US$795 billion by 2021, almost tripling North America’s leading mobile commerce market size.

http://mrem.bernama.com/viewsm.php?idm=29528

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