UAE sees 21% jump in online shops

The UAE recorded an increase in online consumer spending primarily driven by a 21 per cent jump in the number of online shops as the world witnessed an exponential boom in retail eCommerce with an additional $900 billion being spent in 2020.

The UAE, one of the leading online retail market in the region, also witnessed a 44 per cent year-on -year jump in the number of high-volume eCommerce trading partners from 2019 to 2020, according to Mastercard’s latest Recovery Insights report.


Khaleej Times

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