Content highlights:
  • European, US and UK eCommerce revenues and traffic have seen a boost in Q1 2023.
  • Beauty & Fitness had the most noticeable improvement in both revenue and traffic change in Q1 2023.
  • Revenue and traffic generated from Paid Search Shopping and Paid Search Generic has declined further in Q1 2023.
  • Businesses with GMV <$2m, who were the worst affected in 2022, have shown a slight improvement in Q1 2023 with both revenue and traffic growth showing a smaller decline than that at the end of 2022.

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