E-commerce for Startups
The e-commerce sector has been growing for the past few years. It was one of a few winners during the pandemic crises, increasing its global market share to 17% in 2020. The worldwide market is predicted to reach $5.7 trillion in 2022, according to the SmartInsights report. As a result of the pandemic, we noticed an increase in small and local retail businesses moving online. Two out of three small businesses now accept online payments (PayPal Canada).