The local e-commerce market will continue to gain ground with a projected P185 billion online spending by 2020, global digital payments provider PayPal said this week.
Citing Cross-Border Consumer Research 2018 for Philippines, Abhinav Kumar, head of strategic partnerships at PayPal Southeast Asia, said online spending of Filipino shoppers will help the industry achieve P185 billion two years from now, an expected double growth from the recorded P92.5 billion in 2017.
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