E-commerce

Digital work card in industry and commerce from July 1st

Trendyol, one of Türkiye's largest e-commerce platforms, has opened its first pop-up store in the Gulf region at a shopping mall in Saudi Arabia's capital Riyadh.

The online shopping giant has been expanding its operations abroad, including Germany, Azerbaijan and Central and Eastern Europe.

Two out of three internet users in Greece made online purchases in 2023, with the penetration rate of e-commerce remaining steadily at high levels despite the full reopening of physical stores.

Both online orders and sales at stores during the week when the Valentine's Day is celebrated, are expected to increase strongly, according to the representatives from the retail industry.

Public Group on Tuesday said its 2023 sales exceeded 500 million euros, surpassing targets set for the year, and raised its operating profits.

In an announcement, Public Group said its 2023 performance confirmed the success of a long-term strategy focusing on investments, constantly upgrading its services, improving operations and developing its workforce.

Turkish consumers mostly ordered food, health and beauty, clothing and technology products last year, a report by e-commerce platform Hepsiburada has shown.

Small household appliances were also among the most popular items among online shoppers.

Consumers went online for shopping mostly on Mondays and Tuesdays and between 9 p.m. and 10 p.m.

More than 50% of internet users make online purchases, more than double the percentage of 10 years ago, pointing to the incredible momentum of e-commerce.

Online sales volume is expected to reach a whopping 400 billion Turkish Liras ($14 billion) in November due to discount campaigns and special occasions, according to Hakan Çevikoğlu, the president of the Association of E-Commerce Operators (ETİD).

Fast-moving consumer goods (FMCG) retail, excluding tobacco and alcohol, in Türkiye grew by 86 percent in the first eight months of 2023, a report by NielsenIQ has shown.

Companies selling products online single out the commission fees marketplaces charge as the biggest problem they face, a study has found.

Shipping costs, excessive competition and logistics-related problems are other main issues companies complain about, according to a survey the Istanbul Chamber of Commerce (İTO) commissioned.