yStats.com, Hamburg-based desk research company for E-Commerce and Online Payments business intelligence, has published a new report entitled “CIS B2C E-Commerce Markets 2019”. yStats.com’s CEO & Founder Yücel Yelken comments: “The online retail market in this region is largely untapped and shows a high growth potential as more consumers turn to digital channels such as online shops, marketplaces and apps to make purchases of products and services”. Read more here: https://www.ystats.com/wp-content/uploads/2019/05/2019.05.20_Product-Brochure-Order-Form_CIS-B2C-E-Commerce-Markets-2019.pdf Find the report here: https://www.ystats.com/market-reports/cis-b2c-e-commerce-market-2019/

1. PRESS RELEASE
Hamburg, May 21th
, 2019
CIS B2C E-Commerce markets see high growth rates, reports yStats.com
yStats.com, Hamburg-based desk research company for E-Commerce and Online Payments business intelligence, has
published a new report entitled “CIS B2C E-Commerce Markets 2019”. yStats.com’s CEO & Founder Yücel Yelken comments: “The online
retail market in this region is largely untapped and shows a high growth potential as more consumers turn to digital channels such as
online shops, marketplaces and apps to make purchases of products and services”.
B2C E-Commerce’s share of retail is still small in the CIS
While consumers across China, the USA and the UK already make more than 10% of their purchases online, B2C E-Commerce’s share
of total retail sales in the countries of the Commonwealth of Independent States is still in the single digits. This indicates an untapped growth
potential for digital commerce in this region, driven by increasing consumer adoption rates, the yStats.com report reveals.
Mobile shopping is gaining popularity
Shoppers in Belarus, Kazakhstan, and Ukraine are growing more comfortable with shopping on local and international E-Commerce
platforms. Furthermore, a growing share of purchases is taking place on mobile. For example, almost one in two digital buyers in Ukraine make
purchases via mobile apps, according to a survey cited in the yStats.com report.
Internet and online shopper penetration is expected to grow
Azerbaijan and Georgia are also witnessing strong growth in E-Commerce, although online shopper penetration in these countries
remains relatively low. In 2018, just above one-fifth of connected consumers in Georgia made purchases online. In the next few years, both the
Internet and online shopper penetration in these markets is expected to increase, encouraging further development of B2C E-Commerce.
For further information, see: https://www.ystats.com/wp-content/uploads/2019/05/2019.05.20_Product-Brochure-Order-Form_CIS-B2C-E-Commerce-Markets-
2019.pdf
Press Contact:
yStats.com GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg
Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51
E-Mail: press@ystats.com
Internet: www.ystats.com
Twitter: www.twitter.com/ystats
LinkedIn: www.linkedin.com/company/ystats
Facebook: www.facebook.com/ystats
About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to
providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our
areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover
a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide
selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide,
including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an
expertise in the areas of B2C E-Commerce and Online Payment.