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Online retail set for take-off in Iran, says yStats.com publication
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Iran has the second highest GDP in the Middle East, along with the largest population, and, in spite of having relatively low Internet connectivity rates and a small percentage of individuals buying online, Iran’s Internet shoppers number is the largest in this region. According to the yStats.com report, other factors favoring B2C E-Commerce growth include the wide ownership of debit cards.
The exclusion of U.S. and European B2C E-Commerce companies from Iran because of sanctions has fostered the growth of local companies. According to the yStats.com report, the largest of these online merchants is Digikala, with a large double-digit share of the online market and the third most popular website in the country. Other local players include online marketplace Bamilo, online clothing outlets Modeseh and Shixon, group buying and daily deal operator Netbarg, online auction seller Esam, and others.
Sellers and well as buyers are optimistic about changes to come to the online market. Sellers in Iran hope to have international investors and partners while online shoppers hope to be able to broaden their choice of goods, particularly the selection of electronics, according to the yStats.com report.
F o r f u r t h e r i n f o r m a t i o n , s e e : https://www.ystats.com/wp - content/uploads/2016/05/Product - Brochure - and - Order - Form_Iran - B2C - E Commerce - Market - 2016 - by - yStats.com_.pdf
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 repu table sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports foc us 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 Bloombe rg 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 e xpertise in the areas of B2C E - Commerce and Online Payment.
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