E-commerce

Ecommerce in Poland to reach €11.64 billion in 2019

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Date06 Aug 2019
August 2, 2019 by Ecommerce News Ecommerce in Poland is predicted to increase by 25 % this year. This would mean business-to-consumer ecommerce sales of this Eastern European country will be worth 11.64 million euros at the end of this year. A significant growth is predicted for Poland’s ecommerce industry this year. In 2017, online retail sales grew 11 %, but for this year a growth of 25 % is predicted, a new study of Ecommerce Foundation shows. If the prediction comes true, it would mean that ecommerce in Poland will account for 2,31 % of the country’s gross domestic product. In Poland,...
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EU ends geoblocking in ecommerce

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Date10 Dec 2018
The European Union has called an end to geoblocking for online shoppers. This means that ecommerce websites in the EU can no longer block visitors from other EU countries. The new law has come into force this week. The new regulation was proposed by the European Commission and has come into force beginning of December 2018. In February, the European Parliament has approved these rules, which were only pending formal approval by the European Council back then. Now it’s for real. European consumers can browse any website that’s hosted in the European Union and they can no longer be blocked...
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Europe targets tax evasion by Chinese online vendors

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Date22 Nov 2018
Retailer complaints of lost sales prompt moves to tighten rules Only an estimated 10% of 20,000 Chinese vendors selling into Germany from online shopping platforms are properly paying taxes due. © Reuters HAMBURG, Germany — European governments have begun to act on complaints from retailers claiming to have lost sales to tax-dodging Chinese vendors. The German cabinet last month approved a draft bill that would require e-commerce platforms to pay a 19% value-added tax on local online sales if they cannot prove that the vendors have already paid the VAT due. Sweden, Switzerland and the EU are also tightening their...
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Russian e-commerce to grow 170% in the next five years

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Date06 Nov 2018
The Russian e-commerce is growing. Last year, the total value of the market contained 13.7 billion euro. This year, it is predicted to be worth 17 billion euro. By 2023, the Russian e-commerce market is predicted to have grown to more than 45 billion euro, an expected increase of 170%. These are the results from a Morgan Stanley report on Russian e-commerce. In Russia, the current share of e-commerce in the market is small, still, about 3%, while internet penetration is relatively high (80%), as well as the usage of smartphones (66%). The report states that it is believed that Russia is...
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40% of new sellers Amazon Europe are based in China

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Date29 Oct 2018
by Ecommerce News. Amazon Marketplace is growing fast worldwide. In one year’s time, there are one million new sellers on the Amazon marketplaces across the globe. Many new sellers are Chinese. In Europe for example, 40 percent of new sellers are based in China. Within less than a year, one million new sellers joined the Amazon marketplaces across the globe. That’s more than two new sellers every minute. About 10 percent of the new sellers came from Amazon Germany, followed by Amazon UK (9.7 percent), Amazon France (8.7 percent), Amazon Italy (8.3 percent) and Amazon Spain (7.9 percent). Together, the...
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