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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