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Czech Republic: online sales to increase by 15 percent y-o-y in 2015 - report

Tuesday 17 March 2015 11:39 CET | News

Czech online shops will generate sales worth EUR 2.8 billion (CZK 77 billion) in 2015, with a year-on-year increase of 15%, recent research data points out.

Czech citizens most often buy electronic goods in online shops, according to estimates released by the Association for Electronic Commerce (APEK) and price comparison website Heureka.cz. Tomáš Braverman, head of Heureka.cz, has claimed that the significantly growing categories were cosmetic goods and healthcare, with 29% and clothing and fashion, with 15% in 2014.

Czech citizens will also order services worth EUR 952 million (CZK 26 billion) on the internet in 2015, an increase of almost 25%, as compared to 2014. Up to 60% of online purchase of services will be made using online payments, according to Gabriel Kalapos, the head of payment gateway PayU in the Czech Republic.

Check out our Cross-border Ecommerce Research section here for more info on country-specific ecommerce facts and figures, preferred payment methods, risk and fraud, as well as ecommerce legislation and regulation for mature and emerging markets.


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Keywords: Czech Republic, online payments, e-tailer, merchant, online sales, e-purchase, increase, growth
Categories: Payments & Commerce
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Countries: World
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