Hamburg-based leading secondary market research company yStats.com reports on the latest developments of the E-Commerce market of Kazakhstan in their latest publication, �Kazakhstan B2C E-Commerce Market 2019. The report finds that online retail sales are expected to grow as factors of online shopping adoption and increased internet penetration drive the market.
Online Shopping barriers exist
Logistics hinder the B2C E-Commerce market in Kazakhstan, as slow delivery lies as the most common problem among digital consumers. However, Kazpost, Kazakhstans postal department, is working to improve infrastructure and expedite fulfilments. Outside of logistics, the cash reliant society of Kazakhstan keeps cash on delivery as the primary payment method, according to data cited by yStats.com.
Kazakhstan E-Commerce powered by local players
Kazakhstans Kaspi bank owns the highest revenue producing online store in the country, Kaspi.kz. Due to the unique situation of the bank owning the E-Commerce platform, the store offers immediate online credit is offered for purchases. The largest internet holding company in the country, Chocofamily, has experienced successful growth, according to the yStats.com report.
For further information, see: https://www.ystats.com/wp-content/uploads/2019/05/2019.05.08_Product-Brochure-Order-Form_Kazakhstan-B2C-E-Commerce-Market-2019.pdf
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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.
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