July 7

Report: Small Online Businesses Outperform Traditional Traders With 93% Export Rate in 18 Countries

The last few years have been exceptional in terms of the surge in eCommerce adoption. Despite the ups and downs caused by the pandemic and looming economic recession, small online businesses have shown remarkable resilience and adaptability, which has played a crucial role in their tremendous success. To gain deeper insights into the performance of these businesses across the globe, eBay, a global commerce leader that connects millions of buyers and sellers around the world, released its ‘Small Online Business Inclusive Global Trade Report’. This report, covering 18 markets worldwide, showcases the remarkable success of small businesses in the global export industry.

Photo courtesy of Mark Fischer.

Source: The Economic Times (link opens in a new window)

digital inclusion, e-commerce, international trade, MSMEs