PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: yStats.com GmbH & Co. KG

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

yStats.com Forecasts B2C E-Commerce Sales in Russia to Near EUR 30 Billion by 2018 - B2C E-Commerce in Russia has been growing rapidly responding to a variety of influences including the spread of Internet use in the large population
yStats.com Forecasts B2C E-Commerce Sales in Russia to Near EUR 30 Billion by 2018

 

NewswireToday - /newswire/ - Hamburg, Germany, 2014/10/10 - B2C E-Commerce in Russia has been growing rapidly responding to a variety of influences including the spread of Internet use in the large population.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering E-Business B2B/B2C Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

A new report by Hamburg-based business intelligence organization yStats.com details the growth, the trends and other information about the online retail market in the country.

In comparison to other nations, Russia in among the world leaders in B2C E-Commerce growth. In year on year sales increase, Russia ranked fifth worldwide last year and is forecasted to surpass South Korea to become the ninth largest B2C E-Commerce market worldwide in terms of sales this year. It is first among the BRIC countries in spending per shopper and Internet penetration.

In Europe, Russia’s B2C E-Commerce market was the fourth largest by sales in 2013. The growth of Internet users between 2008 and 2013 between 2008 and 2013 ranked fifth worldwide, with a 100% increase over the period. These developments will support we growth for the next five years: yStats.com forecasts that B2C E-Commerce sales will reach almost EUR 30 billion in 2018.

Two trends that are affecting B2C E-Commerce worldwide also have their influence in Russia. The practice of shopping through a mobile device is increasing rapidly, as mobile Internet penetration increased by over half in 2013. Cross-border shopping is also a trend, as around 10% of online shoppers buy directly from merchants in Europe and the rest of the world.

The leading product category in terms of sales in 2013 was consumer electronics and appliances, followed by clothes and shoes, but the fashion segment was the leading category by share of online shoppers making purchases. When paying for online purchases, cash on delivery continues to dominate in Russia, but payment by credit or debit card as well as alternative methods are on the rise.

The top five online shops in terms of revenues last year in Russia were electronics merchants Ulmart and Citilink, fashion retailer Wildberries, mass merchant Ozon and coupons dealer and retailer Biglion. Of the foreign players, the leading in terms of unique visitors from Russia were Aliexpress.com, eBay.com and Amazon.com.

The E-Commerce sector in Russia has been a target for investment. In 2011-2013 the main beneficiaries of large investment sums were fashion online stores, such as Lamoda, KupiVIP and Sapato. This year, online retailers of goods for children have been targeted, as this segment has untapped growth potential. The deals involved online stores for children goods Mamagazin, Esky and Babadu.

About yStats.com

Headquartered in Hamburg, Germany, the firm has a strong international focus and is specialized in secondary market research. In addition to offering reports on markets and competitors, yStats.com also carries out client-specific research. Clients include leading global enterprises from various industries including B2C E-Commerce, electronic payment systems, mail order and direct marketing, logistics, as well as banking and consulting.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering E-Business B2B/B2C Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: yStats.com GmbH & Co. KG

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
E-Business B2B/B2C articles,
CATCH Visitors via Your Competitors Announcements!


yStats.com Forecasts B2C E-Commerce Sales in Russia to Near EUR 30 Billion by 2018

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Yucel Yelken - yStats.com 
+49 40 39906850 press[.]ystats.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any yStats.com GmbH & Co. KG securities in any jurisdiction including any other companies listed or named in this release.

E-Business B2B/B2C via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From yStats.com GmbH & Co. KG / Company Profile


Read E-Business B2B/B2C Most Recent Related Newswires:

FIS Expands its Real-time P2P Payment Solutions Offering
Interlochen Center for the Arts Selects FinancialForce HCM to Inspire Collaboration and Deepen Employee Engagement
FinancialForce Continues Momentum in Nonprofit Sector Empowering Organizations to Maximize Impact and Fulfill Missions
FinancialForce Introduces Billing Central for Everything-as-a-Service Business Models
FIS and CO-OP Bring Cardless Cash to Credit Unions Nationwide
Greenway Health Gains Customer Satisfaction by Transitioning from NetSuite OpenAir to FinancialForce PSA
FinancialForce Delivers Wave App for Professional Services Automation (PSA) Extending the Power of Salesforce Wave Analytics to Professional Services
LiquidHub Selects FinancialForce Cloud Solutions to Optimize Workflows and Unify Data
LoginRadius Announces Adoption of Microsoft Azure for its Cloud Services
FIS and Arkansas Governor Hutchinson Extend VC FinTech Accelerator Till 2018
BBSTC 2016 by O2O Commerce is 1st Annual International Networking and Showcasing Platform for SMEs
The Weather Company to Deliver Crucial Weather Data for Safety and Resource Management Solutions to Underserved Areas Around the World
KinCare Selects FinancialForce, Prepares for Rapid Growth within In-Home Aged Care Industry
FIS Leads Technology Transformation with Bank Leumi USA
FIS Named ‘Most Disruptive’ in PYMNTS/Alexa Challenge

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)