A new report by Hamburg-based secondary market research company yStats.com highlights the development of online retail in the CIS countries. The publication, titled “CIS B2C E-Commerce Market 2015”, covers the major markets of the country group, including Russia, Kazakhstan, and Ukraine, as well as smaller emerging markets such as Belarus,…
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 market report “Kazakhstan B2C E-Commerce Market 2015”, published by Germany-based secondary market research firm yStats.com reveals that online retail in Kazakhstan has significant potential for growth. Already one of the strongest economies in the region, Kazakhstan could see B2C E-Commerce sales expand at double-digit rates in the next…
