The second wave has reached e-commerce!
At the beginning of the year, the growth rate of e-commerce showed a completely average seasonality. After a few weeks of decline caused by uncertainty, after the emergency came into effect on March 17, growth in online shopping kicked off and then doubled in May, compared to January 2020. Although the pace of expansion slowed in the summer, there is no sign of a significant decline, as growth was more than 50 percent higher than at the beginning of the year, even at the August low. From here, the turnover of e-commerce started to rise sharply again at the end of September – Szabó László, expert at Growww Digital said.
Related news
Thousands of Hungarian webshops could become potential advertising platforms
Only 13.5% of domestic e-retailers offer retail media services to…
Read more >Alibaba launches AI design tool for U.S. sellers
U.S. retailers selling goods on the Alibaba e-commerce platform have…
Read more >TikTok Shop launches in Spain
TikTok Shop has launched in Spain today, according to various…
Read more >Related news
NGM: the government fulfilled its commitment, inflation decreased to 3.7 percent in 2024, which will decrease even further in 2025, to 3.2 percent
The government fulfilled its commitment, bringing down inflation, which had…
Read more >KSH: prices exceeded the values of the same period of the previous year by 4.6 percent in December and by an average of 3.7 percent in 2024
In December 2024, consumer prices exceeded those a year earlier…
Read more >Shell Hungary survey reveals new trends in digital shopping
Smartphones have become an integral part of our daily lives,…
Read more >