According to Kantar Worlpanel, e-commerce accounted for 4.6% of the global FMCG and fresh products market in value during the fiscal year ending in December 2016, but it generated 35% of its growth, i.e. 8 times its market share. At the global level, online sales of FMCG products jumped by 26% in 2016 in value terms.
Regarding grocery e-commerce, South Korea remained by far the most advanced market in the world as it is driven by one of the world’s highest penetration of smartphones. China...