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E-Commerce : Emerging Markets Catch-up with Developed Market by 2018

E-commerce is a technology ‘megatrend’ that is expected to become more popular in the future, as it achieves higher penetration rates in developing countriesE-commerce is a technology ‘megatrend’ that is expected to become more popular in the future, as it achieves higher penetration rates in developing countries

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E-commerce is a technology ‘megatrend’ that is expected to become more popular in the future. As it achieves higher penetration rates in developing countries. It will overcome obstacles to adoption like the need for high-speed data networks that are fast enough for smartphones and inventory and shipping costs.

These obstacles are only overcome with better infrastructure and greater scale. As its popularity grows, the retail sector, online businesses, logistics and supply chains and other connected industries will need to adjust.

As the table below demonstrates, a larger share of the online population in many countries will be purchasing goods online in 2018 than now. Around 50% of the online population in emerging markets will shop online by 2018, not far from the average penetration of 63% in developed countries.

via Media (R)evolutions: E-Commerce Will Rise in Emerging Markets | People, Spaces, Deliberation.

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China’s economy stumbles on power crunch

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BEIJING (Reuters) – China’s economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks and major wobbles in the property market and raising pressure on policymakers to do more to prop up the faltering recovery.

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Thailand aims to push its games and content industry

After almost a year under the pandemic, the number of game players in Thailand rose to 32 million and helped the market generate over a billion dollars in 2020, according to NewZoo, an international analytics and market research group.

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Currently, key digital organizations involved in the economy are joining forces to push the Thai gaming industry, so as to attain the level of a regional hub.

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