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Hong Kong, which was once seen as lagging behind in the e-commerce boom with only 4% of overall retail spending in 2019 conducted online, is now catching up fast, as a result of the city lockdown.While the Covid-19 pandemic has hit retailers hard with an estimated 36.1% decline in the value of retail sales year on year, more retailers have started turning to digital platforms to sell their products.For example Boutir, a social mobile commerce solutions provider, which helps vendors to establish and run their online stores, has been experiencing a surge of business in recent months. The platform’s paid subscribers rose from 2,000 in January to 5,000 in March and their volume of transactions had doubled.Full Article：<a href="https://asiatimes.com/2020/06/hk-retailers-can-push-online-sales-amid-pandemic/">HK retailers can push online sales amid pandemic</a>

[Asia Times] HK retailers can push online sales amid pandemic

Thu, June 18, 2020

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