E-commerce
Powering e-commerce 24/7.
Transform complex challenges into new opportunities so that you can achieve your e-commerce objectives around the world. Open your possibilities with Citi.
Transform complex challenges into new opportunities so that you can achieve your e-commerce objectives around the world. Open your possibilities with Citi.
Compete in new markets. Reach new customers.
The E-Commerce Landscape: Global Trends Driving Growth.
19%
global retail salesIn 2023, e-commerce accounted for nearly 20 percent of retail sales worldwide. Forecasts indicate that by 2027, the online segment will make up close to 25% of total global retail sales.491 billion+
e-commerce salesRetail mobile commerce (m-commerce) sales exceeded $491 billion in 2023. That figure is expected to almost double by 2024, reaching around $856 billion.4 billion+
middle class spending powerMore than half the world’s population belong to the middle class or higher income groups. By 2030, this number is expected to grow to 5.5 billion, significantly enhancing global spending power.
Sources: Statista Retail e-commerce sales worldwide from 2014 to 2027 ; Statista E-commerce as percentage of total retail sales worldwide from 2021 to 2027 ; Statista Mobile retail e-commerce sales in the United States from 2019 to 2027; European Commission Developments and Forecasts of Growing Consumerism
How we help
Gig Economy Pay Outs
Citi’s global digital payments solutions include instant payments, e-wallets and cross-border payments. By integrating and automating FX management help your business accelerate its global expansion.
