South Africans are expected to spend R45.3bn on online shopping this year, up 19% from 2017. Sixty percent of that will go towards overseas retailers, leaving a projected R18bn for local sites, according to the fourth annual PayPal and Ipsos cross-border e-commerce report.
Consumer shopping behaviour in over 31 markets was surveyed. The study reveals that more than 69% of adults who were active online in SA had shopped online in the past 12 months.
The report predicts that online shopping will increase even more over the next 24 months. It is forecast to reach R61.9bn in 2020. Continue reading here: https://www.businesslive.co.za/fm/fm-fox/digital/2018-09-13-behind-sas-online-shopping-habits/
Welcome to Wired to the Web. My name is Nafisa Akabor and I’m a technology journalist covering business and consumer tech for the last 13 years. I’m passionate about start-ups, smartphones, mobile payments, travel tech and electric cars. I’m usually unashamedly taking food photos (@nafisaeats on IG).