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Why central Africa is lagging behind in e-commerce
qz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from qz.com Daily Mail and Mail on Sunday newspapers.
How countries are faring on global goals amid COVID-19
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Amazon maintains a sizeable presence in India, where it has created some 1 million jobs, according to its founder, Jeff Bezos but the E-commerce giant continues to banish Pakistani sellers. Pakistan is the only South Asian nation not on the list of 102 countries on its platform, despite being one of the biggest manufacturing economies in the region. However, Pakistani merchants have developed their own unique ways of sending their products abroad, termed as “Jugaad” in Urdu, a translation for “hacks” in English.
Some creative hacks deployed by the sellers include using VPN services to access their seller central accounts from abroad – an Amazon portal for the merchants to buy and sell. Pakistani sellers are also following the practice of registering their businesses with overseas bank accounts and addresses and finding overseas business partners to help.
Where is Lebanon s Trade in the Transition to a Digital Economy?
executive-magazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from executive-magazine.com Daily Mail and Mail on Sunday newspapers.
For the first time, Switzerland leads the Business-to-Consumer (B2C) e-commerce Index, an annual list by the United Nations Conference on Trade and Development (UNCTAD) which ranks 152 countries on their readiness to support and engage in online commerce.
The 2020 index, which takes into consideration indicators including account ownership at a financial institutions or mobile-money service provider, internet usage, and postal reliability, puts Switzerland on top of the list, recognising the country for its high scores across all four indicators.
Most of the Swiss population (97% in 2019) uses the internet, and Switzerland has a high banking penetration rate (98% in 2017) and banking coverage, the report says.