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Online Economy To Double By 2016: Report

The size and value of the business conducted online is forecast to almost double by 2016, says a report from a major consultancy. Boston Consulting Group's report, released Friday from the Davos, Switzerland, financial summit on Friday, says the online economy of G20 nations is expected to grow to be worth $4.2 trillion US by 2016. That's almost double the $2.3 trillion US it was worth in 2010. It's also almost three times the value of Canada's economy, at a little over $1.5 trillion US in 2010. "Every business...

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Published By: Huffingtonpost - Friday, 27 January