18/02/2021
Pakistan would have crossed Rs 100 Billion e-Commerce trade in 2021, through digitalization of economy and also expand the size of local market.
According to report issued by digital academic institution, ‘Extreme Commerce’ estimates that by 2025, it will foster a community of over 1 million strong, generating well over $1 billion in inward remittance for Pakistan,said a press release issued here.
Extreme Commerce and Daraz signed a memorandum to improve e-commerce and digital trade literacy in the country, report said.
According to report ,as per the latest e-commerce numbers, released by the State Bank of Pakistan (SBP) upto Q3 2020 (Q1 FY21), the e-commerce market size for the year upto Q3 2020 was 96B PKR (assuming a 60% COD volume), prepayment was 39B over the same period.