With the development of information technology, the e-commerce industry has become one of the earliest industries to be disrupted by the Internet. Blockage, isolation and shut-off measures caused by the new coronavirus have given the e-commerce industry an opportunity to grow rapidly. In 2022, global retail e-commerce sales are expected to be around $5.7 trillion, and this figure is expected to continue to grow in the coming years to reach about $8.1 trillion by 2026.

The Asian e-commerce market is remarkable for its huge size and rapid growth rates. China, Japan, South Korea, India and Indonesia are the main strengths of the Asian e-commerce markets. The e-commerce markets in Europe and North America are also growing steadily, while the Latin American markets have shown strong growth momentum during the New Corona epidemic.

Although the development prospects of the e-commerce market are broad, there are also some challenges.Cross-border e-commerceIn addition, the increased competition in the e-commerce industry has led to a decline in profitability for cross-border sellers. The decline in consumer purchasing power and consumer confidence also poses challenges to the e-commerce market.

Despite the challenges, the global cross-border e-commerce markets are expected to continue to grow steadily. Emerging markets are starting late, but the number of potential customers is increasing and the development potential is great.