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11 Jan 2019, Natalia Mihailova, EMIS Editor

Е-shops account for 11.4% of retail sales in Czech Republic in 2018

Internet's portion in retail sales keeps getting bigger, as Czech e-shops account for 11.4% of the overall volume generated in 2018, Czech News Agency reported, referring to Association of E-commerce’s (APEK) data. According to APEK sales revenues of e-shops reached Kc135bn last year, adding 17% y/y.

In 2018 Czechs spent roughly Kc62bn on services online, excluding betting, which is nearly 1% more y/y, while about 41% of Czech consumers’ shopping online went for Chinese e-shops, according to a recent survey of ESET and Seznam.cz companies. This is due to the much higher popularity of the Chinese e-shops than that of e-shops from the European Union and the USA.

The strongest online shopping day of last year was by far Black Friday falling on November 23, Czech News Agency added.

Sign in and read the full article in emis.com, and find out more about EMIS. Original source: Czech News Agency

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