For the full year, the overall online gross GMV is expected to touch USD 49-52 billion, which is around 37 percent higher than last year (USD 38.2 billion), primarily driven by strong consumer funnel expansion and the high adoption of online shopping post-COVID across the categories, RedSeer said in its eCommerce Festive Season Report.E-commerce companies to log 23% rise in gross GMV at over $9 billion during festive sale this year: RedSeer
For the full year, the overall online gross GMV is expected to touch USD 49-52 billion, which is around 37 percent higher than last year (USD 38.2 billion), primarily driven by strong consumer funnel expansion and the high adoption of online shopping post-COVID across the categories, RedSeer said in its eCommerce Festive Season Report.
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