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UK web shoppers will spend £6.25 billion on groceries a year by 2010, an increase of 235% over last year, according to a study by Paypal.
Research by the payment firm suggests British online spending will double to £39 billion, with the grocery sector taking the lion’s share of the market.
It reckons the rise will be fuelled by a 71% increase in the number of UK internet shoppers to 24.9 million – 49% of the UK adult population.
This is taken from an article on the e-consultancy website, click here to read more.