Overview

Ecommerce sales — excluding smartphones — have surged 24% in Q2. Industry insiders and research firms indicate that the growth in smartphones is driven by premium devices. This and more in today’s ETtech Morning Dispatch.

Ecommerce sales volumes have grown about 24% in the April to June quarter, excluding smartphone sales, per data from ecommerce-focused warehouse solutions provider Unicommerce. Meanwhile, smartphone sales — which are about a third of all online electronics sales — have declined 20% over the past six months, per Counterpoint Research.

Click here to read the full article at Economic Times