Volume of Online Sales in Russia Can Reach 50 bln US Dollars by 2020 - Information portal

Volume of Online Sales in Russia Can Reach 50 bln US Dollars by 2020

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09.10.2012 Количество просмотров 706 views
The volume of e-commerce market in Russia in 2011 was 10.5 bln US dollars. According to the research made by East-West Digital News, this is only 5% of the volume of online commerce market in the USA that exceeded 200 bln US dollars last year.

Turnover of online retail in the RF is still 2% of the total volume of retail sales, but it keeps growing by 25% every year. According to the analytics it is going to reach 50 bln US dollars by 2020. Along with the market growth the investors are getting more interested in e-commerce.


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