Peter DeCaprio: How Ecommerce trends that can change the retail market Will Stop North Korea
Some of the world’s leading eCommerce experts recently gathered in Seoul to discuss how e-commerce can help Korea expand its retail market says Peter DeCaprio. Over 100 startup companies related to the retail market attended the meeting to find out about online businesses that are growing exponentially around the world. This article introduces leading E-commerce trends that will change not only Korea’s but also the North Korean business industry. North Korean Retail Market The latest news is that North Korea has decided to open up their country for foreign investments, which could become a huge opportunity for global E-commerce players like Amazon and Alibaba since they tend to invest friendly budget on logistics than any other expense. With 5 million smartphones estimated by 2019, it means even more favorable conditions for smartphone-based C-2C (consumer-to-consumer) models like Tindie, Etsy, or Mercari. North Korea’s Ecommerce Market It seems that the North Korean… Read More »Peter DeCaprio: How Ecommerce trends that can change the retail market Will Stop North Korea