Online retail set for take-off in Iran, says yStats.com publication
A new report by Hamburg-based secondary market research firm, yStats.com highlights the potential growth in B2C ECommerce in Iran. The publication, “Iran B2C E-Commerce Market 2016” points to opportunities for international as well as local online retailers, now that economic sanctions against the country have been lifted.
Read more here: https://www.ystats.com/new-report-by-ystats-com-unveils-the-b2c-e-commerce-market-potential-in-iran/
Find the report here: https://www.ystats.com/product/iran-b2c-e-commerce-market-2016/
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Press Release: Iran B2C E-Commerce Market 2016
1. 1
PRESS RELEASE
Hamburg, May 11th
, 2016
Online retail set for take-off in Iran, says yStats.com publication
A new report by Hamburg-based secondary market research firm, yStats.com highlights the potential growth in B2C E-
Commerce in Iran. The publication, “Iran B2C E-Commerce Market 2016” points to opportunities for international as well as
local online retailers, now that economic sanctions against the country have been lifted.
Iran has the second highest GDP in the Middle East, along with the largest population, and, in spite of having relatively low
Internet connectivity rates and a small percentage of individuals buying online, Iran’s Internet shoppers number is the largest in this
region. According to the yStats.com report, other factors favoring B2C E-Commerce growth include the wide ownership of debit cards.
The exclusion of U.S. and European B2C E-Commerce companies from Iran because of sanctions has fostered the growth of
local companies. According to the yStats.com report, the largest of these online merchants is Digikala, with a large double-digit share
of the online market and the third most popular website in the country. Other local players include online marketplace Bamilo, online
clothing outlets Modeseh and Shixon, group buying and daily deal operator Netbarg, online auction seller Esam, and others.
Sellers and well as buyers are optimistic about changes to come to the online market. Sellers in Iran hope to have
international investors and partners while online shoppers hope to be able to broaden their choice of goods, particularly the selection
of electronics, according to the yStats.com report.
For further information, see: https://www.ystats.com/wp-content/uploads/2016/05/Product-Brochure-and-Order-Form_Iran-B2C-E-
Commerce-Market-2016-by-yStats.com_.pdf
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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-
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PRESS RELEASE
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.