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World: B2B online sales to grow to USD 6.7 trillion in 2020

(The Paypers) Golabal B2B online sales are expected to reach USD 6.7 trillion in 2020, triggered by the notable advance of marketplaces such as Amazon or Alibaba.

US B2B online sales will reach USD 1.9 trillion whereas, in China, it will reach USD 2.1 trillion, according to research and advisory firm Frost & Sullivan, internetretailer.com reports. Additionally, global B2B e-sales will account for 27% of total B2B sales of USD 25 trillion in 2020.

Check out our “Cross-border Ecommerce Research” section here for more info on country-specific ecommerce facts and figures, preferred payment methods, risk and fraud, as well as ecommerce legislation and regulation for mature and emerging markets.

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