MANILA -The Philippine e-commerce market is projected to grow by about 15 percent this year amid the continued pickup in online shopping despite the reopening of brick-and-mortar stores, according to logistics solutions provider Locad. Locad CEO and co-founder Constantin Robertz, in an event in Pasay on Wednesday, estimated that gross merchandise value (GMV) would amount to $16 billion in 2023 from $14 billion last year. The projection, if realized, shows exponential growth from just $3 billion in 2019.

https://business.inquirer.net/404383/ph-e-commerce-market-seen-to-expand-by-15-this-year

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