With Growing Consumer and Governmental Interest, the B2C e-Commerce Grows in Kazakhstan, Reports yStats.com
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.
Hamburg, Germany, October 12, 2019 --(PR.com)-- B2C E-Commerce in Kazakhstan develops
In Central Asia and Caucasus, Kazakhstan leads in terms of B2C E-Commerce markets. This market in Kazakhstan experiences sales growth in the double-digits, as reported by yStats.com. Given the rapid growth of the market, the overall share of B2C E-Commerce amongst total retail sales still remains small.
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, Kazakhstan’s 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
Kazakhstan’s 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
Press Contact:
yStats.com GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg
Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51
E-Mail: press@ystats.com
Internet: www.ystats.com
Twitter: www.twitter.com/ystats
LinkedIn: www.linkedin.com/company/ystats
Facebook: www.facebook.com/ystats
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.
In Central Asia and Caucasus, Kazakhstan leads in terms of B2C E-Commerce markets. This market in Kazakhstan experiences sales growth in the double-digits, as reported by yStats.com. Given the rapid growth of the market, the overall share of B2C E-Commerce amongst total retail sales still remains small.
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, Kazakhstan’s 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
Kazakhstan’s 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
Press Contact:
yStats.com GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg
Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51
E-Mail: press@ystats.com
Internet: www.ystats.com
Twitter: www.twitter.com/ystats
LinkedIn: www.linkedin.com/company/ystats
Facebook: www.facebook.com/ystats
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.
Contact
yStats.com GmbH & Co. KG
Yücel Yelken
+49 (0)40 39 90 68 50
www.ystats.com
Yücel Yelken
+49 (0)40 39 90 68 50
www.ystats.com
Contact
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