Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russian Online Retail Market is Growing
12.06.2019 10:05
Russian Online Retail Market is Growing

The Association of Internet Trade Companies (AITC) has estimated the growth of the online retail market in 2018 at 59%, as compared with 2017. This is the best indicator of growth for all the time of measurements - since 2010.

      According to the estimates by the AITC, the market volume reached 1.66 trillion roubles in 2019. At the beginning of last year, the association expected that by the end of the year the market would grow by no more than 15%, however, as the Head of AITC Artem Sokolov told that small and medium online stores in the regions made a significant contribution to the market growth. In addition, the popularity of certain categories of goods — for example, furniture — has sharply increased. For instance, the number of online furniture orders has grown significantly. Food delivery demand has also increased - this segment has doubled.

      Read More Articles about Russian Economy and Business

Author: Anna Dorozhkina

Tags: Russian business Russian economy    

Next Previous

You might also find interesting:

Inflow to Funds Investing in Russia Tripled in a Week
Russia Fell to the 50th Place in the Ranking of the Best Places to Do Business
Moscow will Subsidize Art Galleries and Business in the Field of Education
Express Courses: "How to Work during Pandemic"
Russian Museums Forecast Losses Caused by Pandemic

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Semyon Chelyuskin  VTB  Mercedes-Benz Fashion Week Russia  Irkutsk Region  Aeroexpress  Russian restaurants   Professor Molchanov  contemporary art  Festivals in Moscow  Solzhenitsyn  Belokurikha  Moscow  satellite  MIAS test-drive  Paralympic  Timiryazev Museum  Wooden Architecture  Museums of Russia  State Russian Museum  travel to Russia  ethnographical tourism  Ukraine crisis  Russian Inventors  Russian-Poland  Geniuses  Vladislav Mamyshev-Monroe  Russian sportswomen  Mikhail Prokhorov  Alexander Vampilov  Flight Accident  Russian business  Russian Poetry  Exhibitions in Moscow  Russian Cinema  exploration  Irina Alferova  Russian culture  Anti-Terrorist Collaboration  St. Petersburg  train tickets Russia FIFA  E-Books   Moscow restaurants  Russian drinks  Events in Moscow  Dagong  Russian regions  New Year  Republic of Tatarstan  Fairs in Moscow  Russian tourism 

Travel Blogs
Top Traveling Sites