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According to Emota, the European E-Commerce and Mail Order Trade Association, European e-commerce outpaced the North American e-tail business last year. In 2011, the European online market grew by 19 percent and reached a total retail turnover of €246 billion, as compared to €237 billion in the U.S. and Canada. Emota calculates that the share of online sales in total retailing in Europe has reached a level of 5.1 percent.

Read the full story at http://www.ispo.com/newsblog/2012/06/06/e-commerce-is-now-larger-in-europe-than-in-the-u-s-report-says/

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