During the COVID-19 pandemic, the global business-to-business industry, despite being more resistant to change than retail sales, has increasingly started moving towards E-Commerce. Between 2019 and 2020, the value of B2B digital sales grew by almost 20%, and in February 2021, E-Commerce accounted for more than half of business-to-business…
The latest publication from Germany-based online research firm yStats.com, “Global B2B E-Commerce Market and Trends 2021 Post COVID-19” offers a comprehensive overview of the business-to-business online retail market across the globe during the COVID-19 pandemic. Moreover, the report provides insights into possible future developments of the industry based on market…
Unlike other regions of the world, the Middle East B2C E-Commerce market has developed slowly. Furthermore, the Internet penetration rate in the Middle East was in 2020 was estimated at 40%, far lower than the 80-90% penetration rate of the leading global regions. In a pre-COVID-19 assessment, the value…
The latest publication from Hamburg-based desk research company yStats.com titled “Middle East B2C E-Commerce and Payment Market 2021 & COVID-19’s Impact” shares insights into the B2C E-Commerce and payment market in the Middle East amid the COVID-19 health crisis, analyzing and summarizing the important figures, forecasts and trends. The publication…
The online payment industry in the Middle East and Africa continues to accelerate, especially after the onset of COVID-19 pandemic in 2020. After the lockdown, consumers adopted even more strongly the alternative ways of payments when shopping due to the fact that they were faster, more secure and did…
Middle Eastern and African shoppers progressively adopted online payments, especially post-COVID-19: new yStats.com report. The latest publication from Hamburg-based desk research company yStats.com titled “Middle East and Africa Online Payment Methods 2021” shares insights into the online payment methods market in the Middle East and Africa amid and post the…
Amazon Business was expected to grow much faster than B2C Amazon, Alibaba is showing no signs of decreasing demand, and many B2B start-up marketplaces are raising substantial investment funding amid the COVID-19 pandemic. In 2020, furthermore, the Gross Merchandize Value of third-party marketplaces was expected to grow by about…