2017 eCommerce revenues to note:
- Alibaba: Within China is $18.92 Billion and International revenue at $2.11 Billion USD.
- eBay: Net revenue of $9.6 Billion USD.
- Amazon: Net sales of $178 Billion USD.
Among the notable eCommerce platforms includes Lazada (Singapore), Q10 (China), and what not. At the meantime, cryptocurrencies make up only a small percentage of the electronic payments. However, as more people become aware of the benefits and blockchain systems get better adapted to completing payments, the market share of the electronic payments industry not only is expected to rise, but also increasingly become part of consumers’ core consideration as mode of payment.