FMQQ Targets E-Commerce in Frontier Markets Outside China


Source: etftrends.com etftrends.com

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E-commerce has soared in frontier markets like South Korea and Brazil. South Korea has one of the highest rates of internet penetration and smartphone adoption in the world . Online shopping in Brazil has exploded in recent years and become more mobile-oriented. By 2025, the e-commerce market in India is expected to grow to $111.40 billion from $46.2 billion as of 2020. Investors seeking exposure to internet companies in any emerging or frontier market country outside of China may want to consider the Next Frontier Internet & Ecommerce ETF (FMQQ) . Its top country weightings at year-end were South Korea...