This Ecommerce Company Is Vital In The New Age Of Retail - News Summed Up

This Ecommerce Company Is Vital In The New Age Of Retail


For only $39.99 per month, plus 15% of gross sales, sellers can reach 300 million Amazon.com customers worldwide. In the past, Shopify customers had to do their own fulfillment. And Statisa, another data analytics company, shows that online sales are projected to reach 17.5% of overall sales by 2021. For context, in 2019, Investor’s Business Daily reported the company had $2.9 billion in sales between Black Friday and Cyber Monday. The value of all goods sold on its platform in 2018 amounted to only $41 billion, or 1.5% of global online sales.


Source: Forbes May 25, 2020 18:33 UTC



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