US TTM E-commerce Sales. It is not dead, just crossed $1T. It is still very much above trend-line, +25%. Total Retail was $7T. E-commerce penetration ~14.1%, ex-categories that don’t compete (i.e. restaurants, car dealers, gas station), the penetration was higher at ~21%. https://t.co/JRO62HIJZ0
— Eugene Ng (@EugeneNg_VCap) Nov 18, 2022
from Twitter https://twitter.com/EugeneNg_VCap
November 18, 2022 at 03:48PM
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