CURRENT AFFAIRS

Detailed explanation-1: -Apple.com was the fastest growing e-commerce website in 2022. The global domain of the big tech company saw its average annual traffic grow by over 262 percent, outdoing even the fashion marketplace shein.com at about 75 percent.

Detailed explanation-2: -Presumably in 2022, China will generate the largest ecommerce revenue. It will be equal to $1.5 trillion.

Detailed explanation-3: -China will remain the world’s most penetrated ecommerce market in 2022, with 46.3% of the country’s retail sales taking place online. Rounding out the top three are the UK and South Korea, where ecommerce orders will make up 36.3% and 32.2% of retail purchases, respectively.