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“According to research by Morgan Stanley, the Russian ecommerce sector stood at around $12bn in 2012 – just 1.9% of total retail sales; by comparison, the global average is currently about 6.5%. But with ecommerce projected to grow by 35%, to 4.5% of Russian retail sales by 2015, and to 7% by 2020 – making the market worth $72bn – a tipping point is fast approaching.”

— Russian ecommerce is reaching a tipping point. It’s time that Europe and the US took note - The Next Web

February 17, 2013 · 4:16 pm · 13 notes « Prev  Next »

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  8. entropybegets said: not if they keep gettin hit with meteors
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