Trademagazin > News and articles > Market News > GKI Digital: a record 45 percent increase in online retail sales last year
GKI Digital: a record 45 percent increase in online retail sales last year
Domestic online retail reached a gross annual turnover of 909 billion HUF last year, which was a record 45 percent higher than the 2019 level, according to the latest joint research by GKI Digital and Árukereső.hu.
Based on the continuous expansion of 16-18 percent in previous years, domestic e-commerce has jumped forward by at least three years in development in 2020, the results of the research were summed up in a statement sent to MTI on Thursday. (MTI)
Related news
Consumers mainly use generative AI to search for products
Generative AI is more and more popular among shoppers who…
Read more >SPAR Group: growing acceptance for AI in retail
AI is conquering the world of retail and both shoppers…
Read more >Last year AI made sure the Christmas shopping experience was a happy one
AI helped consumers to spend smarter last Christmas. According to…
Read more >
More related news >
Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >China’s retail sales skyrocket in the first two months of the year
China’s industrial output grew 5.9 percent year-on-year in the first…
Read more >