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Mobile shopping growth doubling overall e-commerce gains: PayPal

Media | 02/18/2015 4:50 pm EST

Mobile shopping in Canada is growing at a pace that more than doubles the growth of overall online purchasing, PayPal said Wednesday. The digital-payment processing company said in a press release that research it has conducted with polling company Ipsos shows mobile shopping is expected to show average annual growth of 34 per cent between the years 2013 and 2016, compared to 14 per cent for overall e-commerce. It said there was $3.45 billion worth of mobile shopping in Canada in 2013, and that figure is anticipated to have grown by 142 per cent by 2016. "We are at the dawn of a...