PYMNTS
MAY 31, 2018
In 2016, 95 percent of transactions in in India were done in cash and there were approximately 60 million online shoppers – representing about 14 percent of the internet using base of the nation, according to a late 2017 report by Morgan Stanley. The consensus on that is evolving – and in an interesting way.
PYMNTS
NOVEMBER 22, 2018
That comes as eCommerce is slated to be worth as much as $200 billion by 2026 , according to Morgan Stanley estimates, growing at 30 percent, compounded annually. Google has been retooling Tez , now branding it as Google Pay, and bringing instant loan offerings to consumers, in partnership with several Indian banks.
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PYMNTS
FEBRUARY 10, 2020
The tax may be a case for the government to boost its own coffers on eCommerce, anticipated to be worth as much as $200 billion annually by 2026, as estimated by the India Brand Equity Foundation (IBEF) late last year. That is up from roughly $50 billion at present, with an estimated 175 million individuals shopping online in 2020.
CB Insights
MARCH 2, 2018
Amazon is focused on globilizing its branded Marketplace, and will spend billions of dollars over the next decade to bring its model of low prices, vast selection, and fast delivery to the world. Research from Morgan Stanley projects the online retail market will explode from $15B in 2016 to $200B in 2026. The Amazon Ecosystem Effect.
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