Commerce Essentials

[In The News] Brexit: The Moment of Truth for British Commerce

brexitHave you been following the news? I’m not always up on current events (beyond what I see in my Facebook Newsfeed) but when I am, it’s usually ecommerce-related.

The “Brexit” situation is coming to a head – TOMORROW – as the UK is holding a referendum to decide if it will stay in or leave the European Union.

Big stuff, innit? 😀

In case you didn’t know, the 2016 UK ecommerce market is the strongest in Europe and the third largest in the world, totaling $99 billion in 2015 and expected to reach $132 billion by 2018.

So how will today’s referendum impact limey online merchants? Cross-border ecommerce specialists at Global-e released this insightful study featured on UK-based The Marketing Blog.

We’ll keep you posted on what happens and how it will effect the industry. In the meantime, cheerio!

This entry was posted in Ecommerce, Insider, Online Retailers.