News

Massive growth projected in online shopping during Pandemic

As the pandemic has widely spread, people prefer buying the grocery online and this is increasing the sale more than ever. For instance, the US online shopping saw a 110% increment in sales in April.

Online platforms have given way to new opportunities to medium and small-sized enterprises. When we talk about online sales in china about 170 cities in the country of China has mobilized local government and social financial revenue. From January till April of this year, the retail sales of consumer products in china faced an increment of 6%. It is estimated that the social consumption of goods will only increase in the country

E-commerce is growing rapidly in Pakistan. However, mobile communication along with logistics is lacking behind as a large population residing in rural areas does not own a smartphone. The problem also lies as a conceptual problem because many people still prefer visiting departmental stores and paying via cash.

In America, the purchase of grocery online saw a great deal of climax on April 21st as the sales of dollars on weekly basis raised to 289 percent when compared with the last year. The census was published by M Science.

Graph by M Science

Walmart is one of the biggest grocery sailing departmental stores in the US said that grocery sales have reached an all-new height. The pickup and delivery volume of sales is surging to 300 percent at the peak

In an interview McMillon said: “The number of new customers trying to pick up and delivery has increased 4X since mid-March. My feeling is that once this crisis is more under control, people will have seen the benefits of that service and will likely continue to use it. It will become a part of the ‘new normal’.”

However, it is still to be seen whether the people continue shopping online at the same pace once the worldwide lockdown is over.

Sponsored
Naima Rabbie

Leave a Comment
Share
Published by
Naima Rabbie

Recent Posts

China’s Tencent Releases Large Language Model, Opens it For Enterprise Use

Capable of conversing in both Chinese and English, Tencent’s large language model ‘Hunyuan’ is claimed…

8 months ago

Apple Reportedly Spending ‘Million of Dollars Each Day’ for AI Training

Working on multiple AI models, Apple has allocated several teams who are working on artificial…

8 months ago

World’s Largest Wind Turbine Breaks Record For Power Generated In A Single Day-During A Typhoon

The world's largest offshore wind turbine has achieved a milestone by setting a new record…

8 months ago

YouTube Will Let You Play Mini Games Soon

YouTube is stepping into the world of gaming. YouTube has started testing out its gaming…

8 months ago

Pakistani Student Won First Position In Matric Exams of UAE

In a remarkable academic achievement, Abdullah Zaman, a Pakistani student hailing from Attock, has clinched…

8 months ago

‘Flying Bum’ World’s largest Aircraft Is Ready To Launch In 2026 With Hybrid Technology

Flying Bum, the world's largest aircraft is ready to launch in 2026. The Airlander 10…

8 months ago