GROWTH OF THE INTERNET AROUND THE GLOBE

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GROWTH OF THE INTERNET AROUND THE GLOBE

• SABINA SHAIKH

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In the US, Internet sales are expected to rise
from USD168 billion by 2005, up from USD34
million in 2000 Growth industries include
leisure travel, grocery, and clothing categories.

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European online purchasers will grow from 70
million at the end of 2000, to 108 million by the
end of this year, and 255 million by the end of
2004
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Latin America's online population is expected to
rocket from 21 million in 2000 to 77 million in
2005 Mexico, Argentina, and Brazil will
remain the largest Internet markets in Latin
America, thereby making up more than two-thirds
of all online usage
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While only a third of India's Internet users have
already purchased goods online, 69 percent are
interested in shopping over the Web
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Australians online shoppers increased by 66
percent in 2000 Internet sales in New Zealand
remain low because online retailers are failing
to uphold consumer rights
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