E-commerce
Online retail sales to witness double-digit increase in the US and Western Europe over the next five years Monday 15 March 2010 | 02:54 PM CET
US online retail is expected to grow at a 10 percent compound annual growth rate (CAGR) over the next five years to reach nearly USD 249 billion, a recent study has revealed. On the other hand, the figure for the largest European Union nations in Western Europe will grow at an 11 percent CAGR, reaching EUR 114 billion by 2014.

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