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the-rebirth-of-e-commerce
the-rebirth-of-e-commerce

The ‘rebirth’ of e-commerce

The latest webinar from gasworld.tv, Bandwidth in Your Business: Reloaded, saw Art Anderson, Managing Principal at AH Anderson Consulting, give his thoughts on the resurgence of e-commerce throughout the Covid-19 pandemic.

You can’t talk about e-commerce without mentioning Amazon, the largest e-commerce company in the world. The online giant saw record numbers in 2020, with annual revenue up 38% to $386bn and net profit up 84% on the previous year [1].

This was something Anderson was keen to highlight, however adding; “But B2B, our space also grew dramatically as well.”

“I think the growth rates in 2020 were up about 50% year on year and the 2021 numbers haven’t been out yet, but I would suspect that they’ll be close to that.”

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