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B2B offers volume, big growth potential in e-commerce

Covid-19 spread could boost e-commerce, and consumers may continue to use online platform after outbreak ends

Annabeth Leow

Annabeth Leow

Published Tue, Mar 10, 2020 · 09:50 PM

Singapore

ONLINE consumer sales may be growing at a faster clip, but business-to-business (B2B) transactions also hold big potential for growth, industry watchers have told The Business Times.

That's even as the global spread of Covid-19, plus a recent policy boost for small businesses, could spur Singapore's e-commerce.

The services sector drew S$237 billion in e-commerce receipts in 2018, and some 87 per cent of that came from B2B sales, according to Department of Statistics (SingStat) data.

"B2B c…

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