News Snapshot:
COVID-19 accelerates ecommerce growth in Taiwan, says GlobalData 00 CET | News Global Data has revealed that he ongoing COVID-19 pandemic and the subsequent social distancing measures undertaken by the government have further accelerated the ecommerce growth in Taiwan. According to the press release, an analysis of GlobalData’s E-Commerce Analytics reveals that the country’s ecommerce market is expected to grow at a compound annual growth rate (CAGR) of 9.0% from USD 35.4 billion in 2020 to USD 49.9 billion in 2024. Moreover, the pandemic has benefited several ecommerce companies with online shopping sites PChome Online and Momo.com registering revenue increase...
