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:

The Share of High-tech Industries in the Russian Economy Fell Down in 2018
Russia will Strengthen Control over the Quality of Gasoline and Diesel Fuel
More than 600 Thousand Russian Enterprises Went out of Business in 2018
A Joint Fund will be Created for Investments in Technology Companies in Russia and South Korea
Russia will Transit to Electronic Employment Records in 2021

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Domodedovo  summer in St. Petersburg  health  Running Club  Festivals in Moscow  Architecture  Exhibitions in Cherepovets  Erarta Museum  Arctic  economic crisis  Exhibitions in Moscow  Russian business  Rosneft  Russian Cinema  Russian judges  Antarctic Station  Birobidzhan  book hotels in Russia  Vladimir Odoevsky  Iran  aviation  Russian models  Yekaterinburg  Rock Music  Russian regions  Moscow monuments  Nizhny Novgorod Museums  Spaceport Vostochny  Moscow  St. Petersburg  Bicycles  Yuri Bashmet  Olympic Games 2012  Hepatitis  Philologists  Russian winter  Mercedes-Benz Fashion Week Russia  skiing in Russia  Aeroexpress  Great Patriotic War  Russian Animation  Russian Orthodox Church  Museum of Local Studies  travel to Russia  Double deck trains  Unusual Monuments  Photo Exhibition  Samara Region  Chersonese  Russian tourism 

Travel Blogs
Top Traveling Sites