Dublin, Oct. 4, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/nshglx/russia_b2c)
has announced the addition of the "Russia
B2C E-Commerce and Online Payment Report 2013" report to their
offering.
In Russia, B2C E-Commerce is booming, driven by the emergence of
new online shoppers
The recent ""Russia B2C E-Commerce and Online Payment Report 2013""
provides information about B2C ECommerce and the movement toward
online and mobile purchase transactions in Russia.
In Russia, a country with the largest Internet audience in Europe,
B2C E-Commerce is booming, driven by the emergence of new online
shoppers. The competition on the market intensifies, as more online
shops enter the scene on a daily basis. Many foreign companies and
investors have also entered the Russian E-Commerce market in recent
years, but mass merchant Ozon.ru and food and drug online retailer
Utkonos.ru were the leading players in terms of online sales. The
share of online sales on total retail sales remains a low
single-digit percentage, showing a room for more growth.
Cash was still the main payment method in B2C
E-Commerce in 2012, but online payments gained in both
awareness and usage. Online payment already reaches a double-digit
share of the largest Internet audience in Europe. Around a third of
Internet users in the large Russian cities pay online. By far the
most popular among online payment methods in the beginning of 2013
was bank card, followed by E-Money and online banking.
Moreover, electronic payment systems show a strong growth
nation-wide. For example, the Russian instant payment provider Qiwi
significantly increased its revenues in 2012 and filed for a USD
100 million IPO on Nasdaq in early 2013. The electronic payment
market in Russia is characterized by strong positioning of the
local players, such as Qiwi, Yandex.Money, and WebMoney.
Companies Mentioned
- Biglion
- Groupon
- Komus
- Ozon
- Qiwi
- Quelle
- Sberbank
- Svyaznoy
- Utkonos
- VimpelCom
- Yandex
For more information visit http://www.researchandmarkets.com/research/nshglx/russia_b2c
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