E-commerce Sales From India Grew 4% in Q1 2019: Report
Jul. 4, 2019Merchants from India saw an increase of four percent in e-commerce sale on international marketplaces in the first quarter of this year compared to the previous quarter, says a new report. Sales from India were up 121 percent on year-on-year basis, according to the Global Seller Index report from Payoneer, a leading cross-border payment platform.
The top-10 countries in terms of sales on international marketplaces have stayed the same since last quarter. However, both India and Japan moved up one spot, reaching the number six and eight slots, respectively. The other eight countries in the top 10 list are China, US, South Korea, UK, Ukraine, Vietnam, Israel, and Russia.
The findings are based on a sample of over 100,000 merchants actively selling on international marketplaces.
