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  • Financial Express

India 5th biggest market for ‘newcomer’ small businesses on eBay: Report

Trade, import and export for MSMEs: India is the fifth biggest market for e-commerce company eBay based on the proportion of small businesses selling on the marketplace as ‘newcomers’, said a new report by the company. With a 58 per cent newcomer rate, India was ranked after Morocco with a 98 per cent newcomer rate, Israel (68 per cent), Japan (62 per cent), and Malaysia (60 per cent). More than half of the small businesses on eBay, in nine of its 18 markets, were newcomers in 2020, the Small Online Business Inclusive Global Trade Report said.

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