E-commerce is set for a boom, according to Morgan Stanley, which predicts that the industry will be worth $5 trillion by 2027. That's an increase of 8% at a compound annual growth rate from $3.4 trillion in 2022, the bank said in a recent report. "We largely saw a focus on profitability over growth emerge through 2022," Morgan Stanley analysts wrote. "We see a more rational…
This story from cnbc.com was posted on 2023-05-09 by @wildpursuit.