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11 Jul 2023

Ecommerce logs 24% Q2 growth as premium products click; slowdown hits low-priced items

Ecommerce sales volumes have grown by about 24% in the April to June quarter, data from ecommerce-focused warehouse solutions provider Unicommerce showed. This does not include smartphones, where, according to several ecommerce executives and research firms like Counterpoint, the growth is being led by premium devices. Demand continues to be soft for mass-market phones.

Click here to read the full article on Economic Times

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