High-growth markets are shaping the future of global commerce, fueled by rapid digitization, rising consumer purchasing power, and the widespread adoption of mobile-first payment technologies. By 2027, 90% of new consumers entering the global economy are expected to come from these agile, emerging economies.

The opportunity is particularly strong in Mexico and Hong Kong - two strategic gateways into Latin America and Asia. Between 2023 and 2027, Mexico’s eCommerce market is forecast to grow at a CAGR of 25%, while Hong Kong remains a global hub for cross-border commerce with nearly 60% of all online transactions originating from international merchants.

Despite the opportunity on offer, expanding into new regions like Mexico or Hong Kong requires plenty of consideration and strategic planning. Merchants will need to navigate local payment behaviors, device preferences, regulatory frameworks, and operational complexities – with plenty of established, local industry competition to contend with.

This third edition of the Global Expansion Guide provides deep insights into the digital commerce ecosystems of Mexico and Hong Kong. It examines key growth trends, local payment methods, and actionable considerations for merchants looking to build a successful expansion strategy.

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Further insights

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Global expansion guide to high-growth markets: Comprehensive review & future outlook

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The last mile of conversion: How seamless payments drive revenue from high-intent travelers

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Global expansion guide to high-growth markets: India & Chile

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