More than 50% of retail purchases will be made online within 15 years, FedEx says

By Yang Jian | December 4, 2014, Thursday |

Online Edition

Within 15 years, online sales will reach over half of all retail sales worldwide, said Raj Subramaniam, executive vice president of FedEx Global Strategy, Marketing and Communications.

B2C e-commerce sales worldwide will reach US$1.471 trillion in 2014, increasing nearly 20 percent over 2013. By 2018, it is forecast that sales worldwide will reach US$2.35 trillion, according to the forum.

Asia Pacific will surpass North America in the e-commerce market next year and take a 37.4 percent share by 2018, according to FedEx.

New information technologies used to streamline logistics and customs procedures could minimize global supply chain barriers and boost worldwide economic activity by almost 5 percent and total trade volume by 15 percent, Subramaniam said.

To tap the e-commerce market, FedEx has launched a global service that allows customers to return products more conveniently.

Business

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

More than 50% of retail purchases will be made online within 15 years, FedEx says

Email this to your friend