The International Monetary Fund projects that Asia will contribute more than 70% of global growth this year and total e-commerce sales will surpass both the U.S. and Europe. So what is holding Asia back collectively as a region?
Under investment in digital infrastructure, a lack of entrepreneurial training initiatives, and plans for a cohesive, regional export strategy top the list, according to Harley Finkelstein, the President of Shopify in a recent op-ed.
The company’s Shopify Entrepreneurship Index measures the contributions of entrepreneurs and e-commerce in more than 40 nations and presents some interesting findings.