E-commerce In Sri Lanka
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E-commerce In Sri Lanka
Sri Lanka had an internet user base of about 6 million as of July 2016, about 28.2% of the population. Despite being a developing country, the E-commerce industry has been receiving funding over the span of 10 years. Market conditions in Sri Lanka are similar to those in India, as cash on delivery is the most preferred Payment, payment method. According to experts, Sri Lanka’s annual domestic E-commerce sales value including services is an estimated United States dollar, US$40 million. This is expected to grow to US$400 million by 2022. Currently, only 0.4% of Sri Lanka’s total annual retail sales (US$10 billion) is in e-commerce. Government involvement The Government of Sri Lanka has shown interest in promoting the country's e-commerce industry further. See also * E-commerce in other Asian counties: ** E-commerce in China ** E-commerce in India ** E-commerce in Pakistan ** E-commerce in Southeast Asia * E-Commerce elsewhere in the Global North and Global South, Global Sou ...
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Sri Lanka
Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, also known historically as Ceylon, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, separated from the Indian subcontinent, Indian peninsula by the Gulf of Mannar and the Palk Strait. It shares a maritime border with the Maldives in the southwest and India in the northwest. Sri Jayawardenepura Kotte is the legislative capital of Sri Lanka, while the largest city, Colombo, is the administrative and judicial capital which is the nation's political, financial and cultural centre. Kandy is the second-largest urban area and also the capital of the last native kingdom of Sri Lanka. The most spoken language Sinhala language, Sinhala, is spoken by the majority of the population (approximately 17 million). Tamil language, Tamil is also spoken by approximately five million people, making it the second most-spoken language in Sri Lanka. Sri Lanka has a population of appr ...
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