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FINANCIAL NEWS
Mideast e-commerce deal growth to hit USD4.9b in 2015
12 Aug 2015
(MENAFN) Mideast e-commerce has shown a great deal of growth through the last 10 years, as it was expected to reach USD4.9 billion this year, as was show in a study published in 2013.
UAE emerged to be the leading country in e-commerce sales progress, with consumer electronics ranking in the top place. Awok.com aims for 25 percent of the retail space as of the second half.
“The fast conversion of people buying in-store to e-store is something to watch out in near future. The electricity bill, maintenance staff, and salesmen alone all involve a significant financial commitment,” Awok.com CEO said.
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