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Asia Pacific Commerce Tearing Down Borders
Asia Pacific Commerce Tearing Down Borders

Commerce is being supercharged with the growth of the Internet around the globe, and one of the most powerful and compelling stories surrounding technology-enabled growth is how it is helping tear down barriers at the borders that inhibit small business trade.

According to eBay’s newly released report Commerce 3.0: Creating more opportunity in Asia Pacific, 82% of Asia Pacific eBay sellers sell to buyers outside of their countries while nearly 60% sell to five or more foreign countries. The Asia Pacific region will surpass North America this year to become the world’s No. 1 market for business to consumer ecommerce sales, according to research firm eMarketer.

For the first time ever, worldwide e-commerce sales exceeded $1 trillion in 2012, a 21 percent over the previous year.  It is expected this year that sales will grow another 18 percent to end 2013 at $1.3 trillion in worldwide sales.  And there is tremendous potential for more growth to come.

For more, keep reading at the eBay Main Street blog.

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By eBay Inc. Editors

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