Article provided by Parcel Monitor
The United States (US) is home to the second largest e-commerce market in the world with a revenue of US $599.2 billion in 2021.
According to a recent report by Digital Commerce 360, online retail sales in the US reached a whopping $231.35 billion in the first quarter of 2022, up a modest 6.7% from the same period last year. The same analysis also revealed that despite the global slowdown in e-commerce growth, online orders accounted for more than 1 out of every 5 dollars spent on retail purchases across the country.
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