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The Philippines e-commerce market is growing at a fast pace and is expected to surge by 19.6% in 2024, finds GlobalData, a data & analytics firm.
India has emerged as the global leader in mobile wallet payments, with 90.8 per cent of its population using mobile wallets for transactions in 2023
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GlobalData’s E-Commerce Analytics reveal that the e-commerce market in Australia grew by 10.3% in 2023 to reach AUD74.9bn
GlobalData, a leading data and analytics company, in its report, said the acceptance and growing popularity is mainly due to the government’s focussed efforts on digital payment methods, like unified payments interface (UPI).