Mobile commerce to top US$6 trillion by 2021


LONDON: Tech stocks may be slumping, but the growth of mobile commerce – one of the key trends that has underpinned investor enthusiasm for the sector in recent years – is only likely to accelerate, according to App Annie, a research company specialising in mobile applications.

The San Francisco-based firm forecasts that mobile commerce will top US$6 trillion annually by 2021, App Annie’s founder and chief executive Bertrand Schmitt said in an interview here on Monday.

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Business , mobile , commerce , 2021

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