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Russian e-Commerce: Robust Growth Continues
Russia: Large market and fast growth. Total e-commerce sales volumes in 2017 exceeded RUB1,100 billion (US$18.5 bln), up from only RUB200 million in 2010.
But a lot of room for further growth. In 2017, e-commerce sales were approximately 3.9% of total retail sales, compared with 12-14% in markets such as the UK and Germany.
Russia E-commerce Initiation
The invisible giant: stooping a little