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StockNews.com
StockNews.com
Business
Oleksandr Pylypenko

Better Buy: Jumia Technologies vs. MercadoLibre

The e-commerce industry has experienced a significant boost amid the pandemic due to an enormous spike in demand for e-commerce, which enabled customers to meet their daily living needs. Moreover, the analysts expect the e-commerce market to continue to expand quickly in the post-pandemic environment.

According to ReportLinker, the global e-commerce market is estimated to grow to $10.87 trillion by 2025, demonstrating a CAGR of about 29% during the forecasting period. Consequently, e-commerce companies should benefit from this growth in the long term.

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