DISAB

Connect with us

National

These ASX online retail shares prove you don’t need stores to make sales – Motley Fool Australia

Online shopping has grown dramatically in Australia with these two ASX online retail shares showing you don’t need stores to make sales.

Published

on

post featured image

Online shopping has grown dramatically in Australia over recent years. The onset of the coronavirus pandemic accelerated this trend, with one out of every ten items purchased this year thought to have been bought online. The Australian eCommerce market was valued at $28.6 billion in 2019 and is expected to grow to $35.2 billion by 2021. eCommerce penetration is expected to reach 85.2% next year, meaning 22 million people will be buying online. There are plenty of retailers on the ASX, most of wh…

Click here to view the original article.

Safety Mate