Surprise upturn for online trading
3 April 2012
Online business-to-business trading is increasing faster than expected, according to the first official figures from an organisation of e-marketplace owners.
The Global Trading Web Association’s (GTWA) analysis of activity on members’ e-marketplaces between January and June revealed a 733 per cent increase in transactions in the last year to 884,166. Sales volumes rose from £80 million to £2.6 billion in the same period.
The study collated the performance of all 32 members, which include BT Ignite, Commerce One,...