How Will Brexit Affect Ecommerce: Will Cross-Border Ecommerce Slow Down?

NINA ANGELOVSKA | January 15, 2019

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When it comes to e-commerce United Kingdom is the absolute leader in Europe. It is the largest e-commerce market and a success story. UK e-shoppers shop more and spend more compared to other EU countries--86% of internet users shopped online in 2017 (Eurostat). Now that the e-commerce leader is leaving the European Digital Single Market, it brings uncertainty for online sellers and buyers.What will Brexit bring for the domestic e-retailers? How will it affect the international sellers? Will sellers have to comply with new regulations? Will UK e-shoppers buy more from domestic online sellers as taxes and customs will apply when ordering from other EU countries? When visa requirements are up what will be the challenges for cross-border e-commerce players who until now have freely hired employees from other Eurozone countries?--these are only a few of the questions that concern the online retailers.

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