Russian e-commerce market posts explosive growth during Covid pandemic

shopping was booming

Online shopping was booming in Russia last year, with trade volumes increasing by nearly 60 percent compared to 2019, according to a business group representing major online retailers operating in the country.

Russian purchases from foreign and domestic online stores totaled 3.22 trillion rubles (around $43.76 billion) last year, the Association of Online Traders (AKIT) said in its latest report, as cited by the media. The most significant growth was seen in Russia’s domestic e-commerce market, as turnover almost doubled compared to a year ago to reach 2.78 trillion rubles ($37.72 billion) in 2020.

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