Online orders and revenue are on the rise

Online orders and revenue are on the rise

Retailers and pure e-commerce businesses have been growing 100% year over year until they saw rapid growth starting mid-April that is getting close to astonishing 150% in terms of orders. As for revenue, the growth has been slightly less impressive at 50% year over year culminating at 110% just a week ago. Of course, this kind of growth was caused by shifting all offline transactions online but let’s not forget the stimulus checks people started to receive in the US on April 13th and that will be coming for the next two months.

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