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Online shopping zoomed 83% in 2016: Report

Shopping on dedicated websites accounted for 53% of online spending

IANS  |  Bengaluru 

The e-commerce revolution has led to the rise of online shopping by 83 per cent in 2016, said a report by leading digital payments firm PayPal and global market research firm Ipsos on Thursday. "Indian online shoppers spent Rs 58,370 crore on shopping from other countries last year," revealed the third Annual Global Cross-Border Consumer Research 2016 report. Shopping on dedicated websites accounted for 53 per cent of online spending, 29 per cent through its application and 10 per cent through social media sites. The report also estimated that cross-border online ...

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