This country may have the fastest-growing e-commerce sector 'on the planet'
Published On Dec 21, 2024, 11:00 AM
India is emerging as potentially the fastest-growing e-commerce market globally. Investor Kevin Carter highlighted that India's technology sector, particularly e-commerce, is on the rise, primarily driven by the increasing online presence of its population. The INQQ India Internet ETF has performed strongly, up nearly 21% this year, and Zomato, characterized as India's 'DoorDash', has seen a dramatic stock increase of 128% due to its successful quick commerce segment.
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INQQ
Positive
The INQQ India Internet ETF is a reliable way to gain exposure to the high-growth emerging market of India, benefiting from the overall growth trend in the e-commerce sector.