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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.
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.
Compete in new markets. Reach new customers.
The e-commerce landscape is growing exponentially, with retail sales reaching $5.2 trillion USD worldwide in 2021. New entrants continue to disrupt existing business models as they find novel ways of reaching the customer.
The E-Commerce Landscape: Global Trends Driving Growth.
25%
global retail salesIn 2021, e-commerce accounted for nearly 20 percent of retail sales worldwide. Forecasts indicate that by 2026, the online segment will make up close to 25 percent of total global retail sales.359 billion+
e-commerce salesRetail mobile commerce (m-commerce) sales hit $359.32B in 2021, an increase of 15.2% over 2020. By 2025, retail m-commerce sales should reach $728.28B, and account for 44.2% of retail e-commerce sales in the US.3.3 billion+
middle class spending powerThe global middle class is forecast to rise from 3.3B to 5B in the next 10 years, creating a global driver of new spending power.
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 you can accelerate your global expansion.
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