In China, ecommerce sales will make up a substantial share of 2022's total retail sales at 46.3%, while the UK and South Korea will round out the top 3, with 36.3% and 32.2% ecommerce shares, respectively.

Cross-Border Commerce Europe. FedEx. Worldline.

The share of food and beverage ecommerce sales in the UK will rebound to pre-pandemic levels in the coming years.

Ecommerce sales on short-video and livestreaming app Kuaishou rose to $100.73 billion (RMB 650 billion) in GMV in 2021 from $59.04 billion (RMB 381 billion) in 2020, per a report from Caixin Global. It added that Kuaishou expects to reach $139.47 billion (RMB 900 billion) in GMV this year. While Douyin may look like a road map, commerce on TikTok in the US will develop independently.

The Russian invasion of Ukraine in late February 2022 was followed by government sanctions from the US and European countries, as well as private businesses suspending operations in Russia.

Meanwhile, the European Commission launched antitrust cases into Apple, Amazon, Facebook, and Google, and it is expected to crack down on the industry even harder once the Digital Markets Act comes into play. Here’s How Banks Should Embrace Super Apps. All banks will have to find a niche for themselves in the super app ecosystem, but their path will differ based on their size.

However, the brand has committed to investing around £5 million ($6.9 million) to brick-and-mortar modernization across Europe, so it doesn’t seem like there has been an immediate financial hit. Gen X: Bringing Balance to Campaigns Will Pay Dividends. These folks have been around digital for long enough to understand the benefits, but it’s not the be-all-and-end-all of their day-to-day lives.