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Global E-Commerce Revenues Surge; Asian Nations Lead in Growth Rate Ranking


 
Global e-commerce sales have surged amid the COVID-19 pandemic, with China, Hong Kong, South Korea, Vietnam, India and Japan recording amongst the highest revenue growth rates in the world, a Payoneer whitepaper says.
Top 10 Countries: Year-Over-Year Revenue Growth, One Giant Leap: The Growth of eCommerce Amidst the COVID-19 Pandemic and Beyond, Payoneer
Chinese sellers saw sales volumes surged 65% and 50% year-over-year (YoY) in Q2 and Q3 2020, respectively, while South Korea recorded a 65% and 129% YoY increase during the same periods. In Vietnam, e-commerce sales spiked more than 90% YoY in Q2 2020, and 45% in Q3 2020.
Booming e-commerce activity in Asia Pacific (APAC) came alongside a surge in digital payments, with cross-border payments platform Payoneer recording strong growth in markets including Singapore (126% YoY volume growth from 2019 and 2020), India (170%), the Philippines (90%) and Malaysia (70%). ....

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KushCo Holdings


KushCo Holdings Inc (OTC: KSHB) announced management changes Tuesday: effective Nov. 26, Christopher Tedford will become the company s new chief financial officer, replacing Jim McCormick, who is currently serving as both CFO and COO.
What To Know
Prior to joining KushCo, Tedford served as. Read More.
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