UAE�s Online Retail Growth Remains in the Double-Digits, Says yStats.com

Hamburg, Germany, April 12, 2019 –(PR.com)– UAE among the E-Commerce leaders in MENA.

With its high Internet and smartphone penetration rate, the UAE holds one of the leading positions among the top online retail markets in the Middle East and North Africa. Recent market trends such as M-Commerce and cross-border online shopping are expected to help the country maintain strong double-digit growth in B2C E-Commerce sales at least through 2022.

Online retail competition in the UAE becomes more intense

Amidst this growth, the rivalry between the top market players and emerging competitors is becoming more intense. Amazon is planning to launch locally in 2019, having previously acquired the region’s major E-Commerce marketplace Souq.com. A fast growing player is Noon.com, which cooperates with eBay to utilize the cross-border online shopping opportunity.

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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-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.