The E-Commerce market in Central Asia and Caucasus is at its infancy, remaining at below 2% of total retail sales even in the leading countries in the region such as Kazakhstan and Azerbaijan. Nevertheless, increasing Internet penetration and significant developments in the logistics and payment infrastructure signal vast potential for…
A new report by the secondary market research specialist yStats.com, “Central Asia and Caucasus B2C E-Commerce Market 2015,” reveals that the potential for online retail development for countries in this region remains untapped. As B2C E-Commerce is in early stages of development in Central Asia and Caucasus, foreign E-Commerce platforms…
The latest publication of Hamburg-based business intelligence organization yStats.com “Global Luxury B2C E-Commerce Snapshot 2014” reveals that even while the global B2C E-Commerce market was booming, few luxury brands were quick to embrace this sales channel. As a result, growing luxury E-Commerce revenues have gone to those companies filling in…