Online sales up 17% to CZK 135bn

Published: 08.01.2019 Related countries:  Thailand Thailand

Czech e-commerce market grew by 17% and posted total turnovers of CZK 135bn (US$ 4bn) in 2018.

Online shops in the Czech Republic posted total turnovers of CZK 135bn in 2018. Czech e-commerce grew 17% y/y. In total, online sales make up 11.4% of retail. The main drivers of e-commerce are electronics, mobile phones, computers and notebooks. Association for Electronic Commerce (APEK) executive director Jan Vetyška said that last year had brought CZK 2bn more than originally forecast in total turnovers. He believes the growth would continue in 2019 at a similar pace. This information was provided by APEK based on data from Heureka.cz.

Source: https://www.cianews.cz/en