Monthly Archives: July 2015
In the first half of 2015, a study conducted by PayFort for e-payments predict a strong increase in the e-commerce sector for the Middle East region. The research forecasts that by 2020, the volume of e-commerce in UAE, Egypt and Saudi Arabia, will amount to $13.2bn. Whereas this year, volume of accomplishments in Kuwait, Saudi Arabia, Egypt, Jordan and Lebanon have reached an amount of $7bn.
Many people in today’s world speak English natively and have enjoyed surfing many various websites. Companies have finally grasped that there are millions of people who cannot read neither can they understand English. And this greatly impacts on their purchase decisions. Henceforth, companies have started increasing the availability of various languages of their websites to further reach out potential clients/customers.
If you are considering on investing in an online business, but still challenging yourself in reaching a decision. Facing questions like, what business model is good to invest in today, or in what industry, are essential questions for today`s entrepreneurs and investors.
In 2014 eBay made $28 billion only from mobile purchases. Mobile commerce is crucial for eBay and in the Q1 of 2015 eBay reports show that 52% of their consumers make their purchases through smartphones.