How does e-commerce affect developing countries?

E-commerce can significantly boost economic growth in developing countries by providing access to global markets, enabling local businesses to reach wider audiences and increasing sales opportunities. It fosters entrepreneurship and job creation, particularly in the tech and logistics sectors. However, challenges such as inadequate infrastructure, digital literacy, and regulatory hurdles can hinder the full benefits of e-commerce in these regions. Overall, when effectively leveraged, e-commerce holds the potential to drive innovation and improve living standards.