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12 September 2013

Internet sales squeeze the traditional trade

The annual growth of Internet sales in Russia by 20-30% may take 8% of the turnover of the country by 2015. Traditional trade should be prepared for serious competition.

Almost 4% of the total trade volume in the world now accounts for On-line trading. This figure in Russia is 2% of all retail sales in the country, which is estimated at 10 billion Euros a year.

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