According to e-commerce trade association IMRG, the UK’s market is only second to the US in terms of value, as its set to grow by 13 per cent in 2012 to hit £77 billion.
IMRG managing director John Andrews said that British retailers export more than the rest of Europe’s e-commerce sellers put together.
“It is a huge business – last year our research found there were 228,000 UK online retail businesses now, an estimated 30 per cent more than the year before,” he said.
The UK’s e-rail dominance is set to be a key topic for discussion at an event to be held over the summer by the British Business Embassy.
Participants at the business legacy event will consult on how the nation’s innovation can impact globally and discuss how British and international e-commerce companies can collaborate in the future.
Source – Hostway
- State of Ecommerce in South-East Asia
- Top E-Retail Markets
- Ecommerce Spending Increased by 16% in Q2, 2013
- Indian Ecommerce still looking to Ground its Feet, But Investors Upbeat
- Wal-Mart.com Underwent Social-friendly Revamp
- Alibaba to Acquire Stake in Weibo
- Forrester Predicts boom in employment via Ecommerce
- Wal-Mart Subsidiary Strengthens Its Ecommerce Presence in UK
- eBay and Amazon Compete for Mobile Shoppers
- Ecommerce in Poland up by 25 Percent