Online shopping in South Africa will reach R55-billion in 2022, a 30% increase from the R42.3-billion the previous year.
South Africa will reach R55-billion in 2022, a 30% increase from the R42.3-billion the previous year, according to new research.
The World Wide Worx findings are compiled from accumulated figures and projections from listed companies, interviews with unlisted online retailers, and data on card transactions. “One can call this the pandemic dividend,” MD Arthur Goldstuck said in a statement on Thursday. Goldstuck, who was principal analyst on the research project, said the 2020 boom in home deliveries has continued for the past two years, as “retailers compete aggressively in every area of online shopping”.
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