Cross-Border E-commerce is Booming



Though 2020 was a tough year in many ways for most businesses, certain sectors like e-commerce and digital went through the roof. The numbers are truly staggering: U.S. e-commerce sales volume spiked at 44.4 percent in Q2, and was up 15% for the year. Worldwide e-commerce sales across all markets went up by 11 percent. FinTechs like PingPong and Ladingo are riding a pandemic-generated wave that some say may become permanent. B2B e-commerce in the U.S. is currently pegged at $6.65 trillion, and yet only represents 13% of total B2B sales in the United States. It appears that a big wave is on the horizon.

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