Friday, July 26, 2013

Cross-Border Online Shopping: The Multi-Billion Dollar Oppourtunity

Paypal just released a new report for Nielsen that looks at today’s cross-border selling as a modern version of the old Spice Routes – bringing culture and commerce to all parts of the globe.
They analyzed activity in six major markets and found that there are 94 million consumers who regularly buy directly from an overseas vendor. They say those deals will add up to $105 billion US dollars.  They expect this number to rise to US$307 billion with 130 million cross-border online shoppers by 2018. Continue reading...